The World Trade Organization agreed on Thursday to China's request to create a dispute panel tasked with judging whether US tariffs on solar panels violate international trade rules. The trade restrictions were imposed by Donald Trump's administration last year, part of a raft of measures initiated by Washington that have triggered a tit-for-tat tariff war between the world's top two economies.
The International Energy Agency said in its latest report that last year the world's capacity to generate electricity from renewable sources has now overtaken coal, and renewable accounted for more than half of the increase in power capacity.
The European Commission says it has reached an amicable solution with Beijing in a row over imports of Chinese solar panels. Both sides have agreed a minimum price for the panels, EU Trade Commissioner Karel De Gucht said.
The US solar industry is undergoing some serious growing pains, with bankruptcies and mergers a necessary part of that process; meanwhile, competition from Chinese solar panels has many believing that American solar simply cannot compete. Not so.
Chile, a country where the demand for energy has skyrocketed over the past decade, experts are gathering to discuss another answer to Latin America’s increasing energy needs: solar power.
French oil and gas giant Total completed its 1.3 billion US dollars tender offer to buy a controlling 60% stake in SunPower, a California provider of solar power systems, the two companies announced Wednesday.