The U.S. confirmed steep import duties on solar products from China and Taiwan on Tuesday which could inflame trade tensions between the countries.
WASHINGTON, Dec 16- The United States confirmed steep import duties on solar products from China and Taiwan on Tuesday in a decision that may inflame trade tensions between the two countries. Producers in China face separate anti-subsidy duties. The move is set to deal a heavy blow to China and Taiwan's solar panel shipment to the U.S. market in the short term,...
China's electric vehicle sales surged five-fold in the first 10 months of 2014, powered by Beijing subsidies. As China's demand for luxury and premium cars cools, the Guangzhou autoshow this week hosts a separate event dedicated to green vehicles. "China's green vehicle market will be huge," said Arnold Chan, Deputy Chairman of China Dynamics Holdings Ltd..
The residential solar market is on fire, but the trend could disrupt some traditional energy companies.
The Energy Department is sticking by its green loan program, even as critics question the government's moves into venture capitalism.
Some solar stocks and ETFs have been surging. Is this just another swing of the pendulum, or has something fundamental changed?
China and the European Union defused their biggest trade dispute on Saturday with a deal to regulate Chinese solar panel imports and avoid a wider war in goods from wine to steel.
Stocks finished modestly higher in lackluster trading Monday, with the Dow and S&P 500 closing at new highs for the third-straight session, as investors digested a handful of mixed economic data and ahead this week's slew of earnings reports.
The European Union is to impose duties on imports of Chinese solar panels from Thursday, but announced a dramatically reduced initial rate after pressure from some large member states.
Growing market, falling revenues. The price decline that has hurt European panel makers has helped sustain demand in the face of Chinese competition and disappearing subsidies.
The European Commission agreed on Wednesday to impose punitive import duties on solar panels from China in a move to guard against Chinese dumping of cheap goods in Europe.
In this episode of Inside China, Eunice Yoon looks at how the bankruptcy of solar energy company Suntech led to an industry-wide downfall.
Despite the financial headwinds battering solar panel makers, alternative energy has a bright future, First Solar CEO James Hughes said Thursday.
Stocks finished off their best levels but the Dow still posted a fresh closing high Tuesday. And the S&P 500 traded within 2 points of its all-time peak earlier in the session.
Once attracting billions in private investment and public subsidies, enthusiasm over the solar sector has waned recently, underscoring the limits of renewable energies and the dominance of fossil fuels.
Environmentalist Terry Tamminen argues companies do better when government uses its considerable buying power to help make the sustainable product market.
Suntech Power was forced into bankruptcy after defaulting on a multi-million dollar bonds payment. Gordon Johnson, Axiom Capital Management, offers insight on the impact to U.S. solar makers.
A group of Suntech Power lenders want the Chinese solar panel maker's main unit declared insolvent, a sign Beijing is losing support for the industry.
Take a look at some of Wednesday's midday movers:
Suntech Power, a U.S.-listed company that is closing its Arizona plant, is poised to be taken over by the government of its hometown in China, reports The NYT.