Remove Asia Remove Cheap Remove Chinese Remove Solar
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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. China leads the pack with a 40-70% cost reduction in utility-scale solar, onshore wind, and offshore wind compared to other Asia Pacific markets.

Asia 52
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Cheap solar panels from China are all over Europe – and everyone is freaking out

Baua Electric

Photo by Pixabay on Pexels.com Europe is installing more solar panels than ever before, thanks to a flood of cheap Chinese solar panels, driving installations by 40% last year. But it comes at a hefty cost: Local solar manufacturers are on the brink of a total collapse that could happen within weeks.

Cheap 52
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Europe may slap retroactive tariffs on Chinese EVs

Baua Electric

Possible “remedies” on the table include retroactive tariffs on Chinese EVs. Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union.

Chinese 52
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Perspective: Despite Solyndra’s death, the future of solar energy is sunny

Green Car Congress

by Steven Pleging, CEO/President of Quantum Solar Power Corp. I believe that the loss of industry players Solyndra, Evergreen, and SpectraWatt opens the market for more innovative solar companies to succeed with smarter tactics and mainstream products that fit into existing manufacturing models.

Solar 246
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White House to hike tariffs on Chinese EVs to fend off cheap imports

Teslarati

The White House and President Joe Biden will launch new tariffs today on Chinese electric vehicles and other sectors to fend off cheap imports. The biggest tariff rates apply to EVs and will equate to 100 percent, while solar components will have a 50 percent rate, and all other sectors at 25 percent. It will help U.S.

Cheap 97
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China gave BYD an incredible $3.7 billion to ‘win’ the EV race

Baua Electric

BYD received this lofty sum in direct government subsidies as part of the Chinese government’s push to lead the world in EVs and other clean tech, according to a new study first reported by Bloomberg. billion, according to a new German study. billion only two years later.

BYD 52
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Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

As if that were not enough, I’m hearing now that BYD is on the verge of a breakthrough in the solar power business and that the company has big plans to make rechargeable batteries at a utility scale to store energy from intermittent, renewable sources like wind and solar. government is going to help U.S.

Chinese 28