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...Ursula von der Leyen, commission president, has called for the EU to “de-risk” its exposure to China as Brussels seeks to reduce its dependency on the country’s manufactured goods and inches closers to the...
...Mark Widmar, chief executive of First Solar, the largest US solar manufacturer, warned at a Senate finance committee hearing on Tuesday of the country becoming a “de facto extension of China’s Belt and Road...
...Reforms were needed, he added, to “de-risk” the financing for investors. At Iberdrola, Díaz Pilas said: “We don’t need anything fancy . . ....
...2GW of solar energy....
...But what it really wants is the opportunity, by whatever means, to operate in the Salar de Atacama.”...
...But in China’s favour, he reassured his audience, were record exports from its “new three” industries: electric vehicles, solar energy products and lithium batteries....
...“Over the past decade, the cost of wind and solar has decreased markedly,” said Rebecca Maserumule, a chief director for hydrogen and energy in South Africa’s Department of Science and Innovation....
...The American solar industry, meanwhile, is in uproar over cheap Chinese solar panels, which have helped halve global prices in the past year: a boon for renewable energy developers but a threat to domestic...
$1.1bn deal comes after Australian billionaire thwarts Liontown takeover
...The EU is hoping that solar power will become the biggest generator of energy within the bloc as it tries to reach a target of having 45 per cent of energy generated by renewables by 2030 — a goal set to...
...Longi Green Energy Technology, JA Solar Technology and Trina Solar are down more than a fifth in the past year....
...Back in 2013, De Gucht was investigating alleged Chinese subsidies for solar panel production....
...A UN group of experts identified “shortcomings in Primera’s due diligence obligations”, noted criticisms of its “de facto monopoly” and said smuggling continued to thrive....
...The company is in talks with state-owned copper mining group Codelco about renegotiating its agreement for the world’s best lithium resources in the Salar de Atacama, which is set to expire in 2030....
...Many of Europe's largest carmakers have raised the alarm on Chinese imports, saying lower energy and labour costs give them an advantage over European models....
...Power of the sun: What was first pioneered as science fiction could become reality, as researchers try to harness solar energy from space....
...Ingenious solar roof systems coupled with careful window placement, shading and orientation means that the homes generate more energy than the occupants use – between 130 and 200 per cent, annually....
...The solar industry argues that the proposals do not address higher energy costs in Europe compared to the US and China....
...A push from governments in areas such as price insurance and public-private partnerships, such as France’s recently announced €2bn investment fund, can help to de-risk projects....
...In my column today, for example, I look at how crucial slave labour and coal-fired power are to Chinese clean energy technology, which dominates the global market....
...The cost of capital of a typical utility-scale solar project can be three times higher in key emerging economies than in advanced nations, the International Energy Agency says....
...How do you de-risk from China without consequences?...
...China controls almost all of the world’s solar power supply chain and much of global processing capacity for minerals crucial to the green transition....
...The energy shortfall is expected to increase further over the coming weeks as South Africa’s cold season deepens....
...Separately, Uchida said Nissan was still in discussions with the British government over how to salvage production at its plant in Sunderland, where it is seeking help to cope with high energy prices....
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