President Donald Trump said imposing solar tariffs would help domestic companies. But China’s surprise decision to slash installations is negating those gains, and shares of U.S. manufacturers are plunging. [...]
hina’s Silk Road Fund will acquire a 24.01 percent interest in the world’s largest single-site solar thermal plant, which is being built in the United Arab Emirates.
The 700-megawatt project will be developed along with Dubai Electricity & Water Authority and Saudi Arabia’s ACWA Power Barka SAOG, ACWA said in a statement on Sunday. The plant will combine a central tower and parabolic trough technology to harvest energy from the sun, store it in molten salt and produce steam to generat [...]
As the private sector increasingly takes on the task of installing solar PV in China, growth is happening quickly. Last year China installed more solar capacity than any other country in the world at 34 GW, beating the US's 14 GW and Europe's 6.9 GW. [...]