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The solar sector lost $60 billion last year with over 40 solar firms delisted, acquired or now bankrupt; and another third of production lines are earmarked for downsizing
Sales of China-made Model 3 and Model Y vehicles, including exports to Europe and other markets, were down 5.2% from June, China's car association said on Monday
Polysilicon companies are in talks about buying up and shutting down a third of China's solar panelmakers, but they need $7 billion
After announcing a 25% tariff on Indian imports, Trump posted stinging remarks on social media about its high tariffs and slandering its "dead economy". Other countries in the Asia-Pacific fared much better.
South Korea agreed to invest $350 billion in the United States in projects selected by Trump and to purchase energy products worth $100 billion under their trade framework deal
Tesla has signed multi-billion-dollar battery and chip deals with South Korea's LG Energy Solutions and Samsung, to cut reliance on China because of Trump tariffs
Politburo vows to manage the country's overcapacity crisis that have plagued key sectors – such as EVs, solar and more – by boosting capacity cuts in the second half of this year
Giant 8.8 quake created up to 5-metre waves that hit parts of Kamchatka, while tsunami alerts were raised in Hawaii, Guam and islands across the Pacific
EU agrees to invest $600 billion and buy more US products in return for Trump halving his threatened tariff on most European goods to 15%
A day after the ICJ ruling, a court In Sydney struck down a bid by an Indonesian firm to extend the life of a huge coal mine. A global legal avalanche may have begun
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Energy: The Big Picture
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
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Transport InsightsAnglo-American Puts World’s Biggest Hydrogen Truck to WorkMining giant Anglo-American has unveiled a prototype of what it says is the world’s largest hydrogen-powered mining truck
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Energy InsightsWhat is China’s Tokamak Fusion Reactor?The goal of the Experimental Advanced Superconducting Tokamak project is to unlock the secret to clean and limitless energy on earth, with minimal waste products
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Energy InsightsDoes US Warning to India Point to More Russian Oil Restrictions?The US state department says it is aware of talks between Russia and India concerning the purchase of oil. It has no objection to India buying Russian oil, provided it buys at discount
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Market InsightsKazakhstan Unrest Poses Risks for World EconomyHundreds of people have died and thousands have been detained in Kazakhstan during the worst violence seen in the Central Asian nation since it became independent in the early 1990s. The unrest in Kazakhstan poses risks for energy markets, and even cryptocurrencies.
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