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First Solar launches legal action against JinkoSolar for forecasting higher sales in 2025
First Solar, a solar panel manufacturer, forecasted higher sales for the current year and reported a rise of its fourth-quarter profits on Tuesday. It also announced that it had taken legal action against JinkoSolar over patent infringement. Extended trading saw shares up by 3.8% to $153.00.
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Chinese Competition regulator meets with Mercedes-Benz, Alibaba
The State Administration for Market Regulation, SAMR, announced on Wednesday that China's regulator of the market held a seminar on fair competition, with representatives from seven companies. These included Alibaba and LONGi. The statement stated that the executives who attended the symposium on February 2nd discussed the market…
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Morocco approves green hydrogen projects worth $32.5 bln
The Moroccan government's green hydrogen committee approved projects worth 319 billion dirhams (32.5 billion dollars) on Thursday. These projects aim to produce ammonia and steel, as well as industrial fuel. The Moroccan committee selected Ortus of the United States, Acciona from Spain and Nordex from Germany to produce green ammonia.
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TotalEnergies Seeks $16B Permit For Green Hydrogen Project in Chile
Subsidiaries of energy major TotalEnergies have applied for an environmental permit for a $16 billion green hydrogen and ammonia project in southern Chile, a regulatory filing showed on Monday.The project, run by the Chilean subsidiary TEC H2 MAG, is expected to begin operations in 2030 and includes a wind farm, seven electrolysis centers for green
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Vestas: US Import tariffs Will Raise Domestic Electricity Prices
President Donald Trump's import tariffs will ultimately result in higher electricity prices for U.S. consumers, wind turbine maker Vestas warned on Tuesday, adding it could not absorb the extra costs.Wind turbines include components and materials sourced globally, making the sector…
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US tariffs and Europe's slowdown change global solar panel trade
Trade data revealed that solar panel manufacturers in Laos, Indonesia and Cambodia, which are mostly owned by Chinese companies…
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Bunge reports Q1 profit beating as uncertainty over tariffs fuels demand
Bunge Global, a grain trader and processor, posted a lower-than-expected first quarter profit decline on Wednesday due to increased export demand.
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Palmettos end lower due to production growth and lacklustre demand
Malaysian palm oil futures fell for the seventh consecutive session on Wednesday and reached their lowest level since September…
Latest news
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India relaxes rules on coal supply to increase power generation capacity
India changed its rules on Wednesday to allow independent power producers to sign long-term contracts to supply coal to the country.
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Imports of German spot are expected to increase on Thursday
On Wednesday, the German spot electricity rate for Thursday increased as renewable supplies were seen to be decreasing and imports expected.
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Palm oil prices fall on lacklustre demand and production outlook
Malaysian palm oil futures continued to decline on Wednesday, extending their losses for the seventh consecutive session…
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EIA: US power consumption will reach new highs by 2025 and 26.
The U.S. Energy Information Administration (EIA) said Tuesday that the U.S. will reach record levels of power consumption in 2025 and in 2026.
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Prices for gas in Europe hit a 1-week high due to tight supply and EU's Russian Gas Ban Plans
The Dutch and British wholesale prices of gas rose by more than 6% Tuesday, reaching their highest level in over a week.
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ADM warns that 2025 profits will be lower than forecast due to tariffs
Grain trader Archer-Daniels-Midland on Tuesday posted its lowest first-quarter profit in five years and said it expects annual…
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Palm oil falls on rival oils; market waits for production forecasts in May
The price of palm oil in Malaysia reversed its gains on Tuesday. They continued to decline for the sixth consecutive session…
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The price of gas in Europe has risen to a record high for a week due to increased demand and the Norway gas outage
The wholesale gas prices in the Netherlands and Britain rose on Tuesday morning as the weather in Norway was cooler and less windy…
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Upgrades to the EU's power grid are needed at a cost of trillions of dollars in order to avoid blackouts similar to those that occurred in Spain
To cope with the increasing demand for electricity, and the growing green energy production in Europe, and to prevent blackouts…
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Palm oil prices rise on Chicago soyoil production, May outlook
After five consecutive sessions of declines, Malaysian palm oils futures rose Tuesday. Supported by the strength in Chicago soyoil…
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Democratic-led states file suit to stop Trump's cancellation of wind project
On Monday, a coalition of Democratic attorneys general filed a lawsuit to stop President Donald Trump from suspending leasing…
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World Bank supports Bosnia's energy transformation with $90.7 Million loan
The World Bank approved a $90.7-million loan to help Bosnia and Herzegovina "justly transition" from coal to renewable energy…
Solar
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Report: Solar power will account for 84% of the new US electricity added in 2024.
A report released on Tuesday stated that solar energy contributed 84% of the new electricity generation capacity to the U.S. grid in the past year.
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Chinese Competition regulator meets with Mercedes-Benz, Alibaba
The State Administration for Market Regulation, SAMR, announced on Wednesday that China's regulator of the market held a seminar on fair competition…
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First Solar launches legal action against JinkoSolar for forecasting higher sales in 2025
First Solar, a solar panel manufacturer, forecasted higher sales for the current year and reported a rise of its fourth-quarter profits on Tuesday.
