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.
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.
SolarCity, with its shares up more than 50 percent in a little more than a week, may go down as the poster child of the sizzling market for this nutty round of solar stocks.
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.