Tag Archives: international trade
U.S Lays Heavy Tariffs on Chinese Solar Cells
The Department of Commerce is standing behind its preliminary decision to impose massive import tariffs on Chinese-made solar technology, despite the threat of potential retaliation from China. The penalties for Chinese-made solar cells range from 18%-250%, with the duties levied on Trina Solar Ltd. (18.32%) reduced and the ones on Suntech Power Holdings Co. raised [...]
In Focus: The Battle Between Solar Energy and Trees
Solar energy and planting trees are both important for the betterment of the environment and another fact regarding the two is that they are often in conflict with one another as one has to be stopped for the other to flourish. If you plant more and more trees then the light of sun gets [...]
Isofoton Unleashes Ohio PV Production Facility
Solar technology pioneer, Isofoton, recently announced the opening of a Napoleon, OH facility scheduled to begin operation in November. With 120 employees and a production capacity of 50MW at the new facility, Isofoton has plans to scale up output to as much as 300MW after hiring an additional 210 employees. The announcement came at the [...]
U.S Promises $2B in Renewable Energy Loans to South Africa
Eyeing South Africa’s potential as a key export market, the US is coming up with $2 billion in financing for clean energy projects. The agreement signed this week between the US Export-Import (Ex-Im) Bank and Industrial Development Corp. (IDC) of South Africa is aimed at supporting solar, wind and other clean-energy projects that use U.S. [...]