First Solar's sales increase on the back of higher demand for solar panels
First Solar, the largest U.S. solar panel manufacturer, reported on Thursday higher quarterly sales that met Wall Street's expectations. This was aided by demand from India and third parties. First Solar has increased its pricing power as a result of the U.S. tariffs and more stringent trade enforcement, which have raised the price of imported solar panels. In extended trading, shares of the company rose by 0.55%. Mark Widmar, CEO, said in a statement: "We have delivered a strong start to 2026 with record revenue for the first quarter…
First Solar's sales increase on the back of higher demand for solar panels
First Solar, the largest U.S. solar panel manufacturer, reported on Thursday higher quarterly sales that met Wall Street's expectations. This was aided by demand from India and third parties. First Solar has increased its pricing power as a result of the U.S. tariffs and more stringent trade enforcement, which have raised the price of imported solar panels. In extended trading, shares of the company rose by 0.55%. Mark Widmar, CEO, said in a statement: "We have delivered a strong start to 2026 with record revenue for the first quarter…
Chinese solar manufacturers report fresh losses despite optimism over Iran War-driven boost in overseas demand
A major Chinese solar manufacturer?said this week that the U.S./Israeli war 'in Iran' is boosting interest overseas?in renewable energies. However, weaker domestic demand is weighing down on the outlook of the sector. Oil and gas prices have soared as a result of the two-month conflict in the Middle East. This has led to countries looking for alternative energy sources and trying to protect their economies from future shocks. The overall global demand for solar panels will likely decrease by 5-10% in 2026 as a 20% decline in China…
Chinese solar manufacturers report fresh losses despite optimism over Iran War-driven boost in overseas demand
A major Chinese solar manufacturer?said this week that the U.S./Israeli war 'in Iran' is boosting interest overseas?in renewable energies. However, weaker domestic demand is weighing down on the outlook of the sector. Oil and gas prices have soared as a result of the two-month conflict in the Middle East. This has led to countries looking for alternative energy sources and trying to protect their economies from future shocks. The overall global demand for solar panels will likely decrease by 5-10% in 2026 as a 20% decline in China…
Russell: The war between Iran and the US will supercharge Asia’s transition from fossil fuels towards electrons.
The U.S.-Israeli war against Iran has turned out to be an 'aha moment' for Asia. This is the continent that is most vulnerable to the loss of crude and liquefied gas through the still mostly closed Strait of Hormuz. China was largely responsible for the electrification of this region, which is home to the world's fastest-growing population. The ripple effect from the loss of?of?about 10 million barrels of crude and refined products per day (bpd), and around 20% of global LNG, is proving to be a game changer.
US sets preliminary antidumping duty on solar imports of India, Indonesia and Laos
The U.S. Commerce Department announced preliminary antidumping duty on'solar panels and cells imported from India, Indonesia, and Laos. This is the latest in an arbitrary series of tariffs that have been imposed on solar imports for over a decade. Federal trade officials found that the companies from the three countries had dumping cheap goods on the U.S. market and undercutting American manufacturers. In a factsheet posted on the Commerce Department website…
US sets preliminary antidumping duty on solar imports of India, Indonesia and Laos
The U.S. Commerce Department announced preliminary antidumping duty on'solar panels and cells imported from India, Indonesia, and Laos. This is the latest in an arbitrary series of tariffs that have been imposed on solar imports for over a decade. Federal trade officials found that the companies from the three countries had dumping cheap goods on the U.S. market and undercutting American manufacturers. In a factsheet posted on the Commerce Department website…
The Iranian war has re-energized European demand for rooftop solar panels to reduce energy bills
Since the beginning of the Iran War, the demand for rooftop solar systems has risen across Europe as consumers rush to protect themselves from the soaring energy prices caused by the worst global disruption in energy history. The conflict has caused oil, gas, and electricity prices to rise sharply, affecting both companies and consumers. This has increased efforts to reduce exposure?to volatile markets and find cheaper alternatives. Solar power is one of those options.
The Iranian war has re-energized European demand for rooftop solar panels to reduce energy bills
Since the beginning of the Iran War, the demand for rooftop solar systems has risen across Europe as consumers rush to protect themselves from the soaring energy prices caused by the worst global disruption in energy history. The conflict has caused oil, gas, and electricity prices to rise sharply, affecting both companies and consumers. This has increased efforts to reduce exposure?to volatile markets and find cheaper alternatives. Solar power is one of those options.
China's solar panel exports reach record levels in March due to Africa and Southeast Asia
China's solar panels exports reached a new record in March, according to data from China's customs and industries. Southeast Asia and Africa stocked up ahead of anticipated price increases, and the fallout of the Iran war also boosted demand. Exports of panels jumped 42.2% in March to reach 1.75 million metric tonnes, which is equivalent to 13.3% in 2025. Chinese customs data revealed that the shipments had a value of $3.61 billion. This was up 67% compared to a year ago and 125% compared to February.
China's solar panel exports reach record levels in March due to Africa and Southeast Asia
China's solar panels exports reached a new record in March, according to data from China's customs and industries. Southeast Asia and Africa stocked up ahead of anticipated price increases, and the fallout of the Iran war also boosted demand. Exports of panels jumped 42.2% in March to reach 1.75 million metric tonnes, which is equivalent to 13.3% in 2025. Chinese customs data revealed that the shipments had a value of $3.61 billion. This was up 67% compared to a year ago and 125% compared to February.
PREVIEW: Tesla's energy storage unit will pick up the slack when car margins fall and credit fade
Tesla's solar business and energy will likely outshine its core business, which is struggling to keep up with the competition. This week it will report its 'quarterly' results. It's a sign that Tesla has remained resilient as it slowly progresses in developing robots and autonomous driving technology. Tesla's first negative quarter in two years is due to CEO Elon Musk’s plans to build robots and new assembly lines. The plan will cost around $20 billion.
PREVIEW: Tesla's energy storage unit will pick up the slack when car margins fall and credit fade
Tesla's solar business and energy will likely outshine its core business, which is struggling to keep up with the competition. This week it will report its 'quarterly' results. It's a sign that Tesla has remained resilient as it slowly progresses in developing robots and autonomous driving technology. Tesla's first negative quarter in two years is due to CEO Elon Musk’s plans to build robots and new assembly lines. The plan will cost around $20 billion.
Tesla's energy-storage division will pick up the slack when car margins and credits decline
Tesla's solar business and energy division will likely outshine its core business, which is struggling to keep up with the competition. This shows a certain amount of resilience as Tesla makes slow progress in its move to self-driving cars and robots. Elon Musk’s plans to create new robots and assembly lines are expected to cost Tesla $20 billion in this year. This will be the first time Tesla has had a negative cash flow quarter in two years. Tesla's profitability is down from its peak.
Tesla's energy-storage division will pick up the slack when car margins and credits decline
Tesla's solar business and energy division will likely outshine its core business, which is struggling to keep up with the competition. This shows a certain amount of resilience as Tesla makes slow progress in its move to self-driving cars and robots. Elon Musk’s plans to create new robots and assembly lines are expected to cost Tesla $20 billion in this year. This will be the first time Tesla has had a negative cash flow quarter in two years. Tesla's profitability is down from its peak.
France and other World Bank shareholders are seeking a solution to maintain climate strategy
Eleonore Caoit, France's development minister, said that World Bank shareholders were looking for a way to "keep alive" the climate change financing strategy of the development lender after it officially expired at the end June. Caroit said late Thursday that she had been discussing plans for keeping the basic 'benefits' of the World Bank's Climate Change Action Plan at the International Monetary Fund's and World Bank's spring meetings this week in Washington.
Stephen Jen: The timing of the return of ROI-China could not be better.
China has finally turned the corner. China's economy has finally turned a corner, five years after Beijing started cracking down its bloated real estate sector. It is now on a more sustainable path, anchored in quality growth. The correction left fewer scars that many had feared. China's real estate sector has been in a "bear market" since 2021. Prices have fallen by 40 to 50 percent on average. It was not accidental. Beijing's "three red lines" policy in 2020 was designed to curb a property bubble that had ballooned.
China restricts solar manufacturing equipment exports to the US
Five people familiar with the discussions said that Chinese officials had held preliminary talks with suppliers of equipment used to manufacture solar panels in order to 'limit exports of advanced technology to the United States. A clampdown of this kind would put at risk the investments of U.S. firms and slow down the race to space-based computing. China, which is estimated to produce more than 80% the solar panel components in the world, also has the top 10 suppliers for equipment used to manufacture solar cells.
China restricts solar manufacturing equipment exports to the US
Five people familiar with the discussions said that Chinese officials had held preliminary talks with suppliers of equipment used to manufacture solar panels in order to 'limit exports of advanced technology to the United States. A clampdown of this kind would put at risk the investments of U.S. firms and slow down the race to space-based computing. China, which is estimated to produce more than 80% the solar panel components in the world, also has the top 10 suppliers for equipment used to manufacture solar cells.
China restricts solar manufacturing equipment exports to the US
Five people familiar with the consultations said that Chinese officials had held preliminary?talks? with suppliers of equipment for making solar panels, as they considered limiting the exports of most advanced technology to the United States. A clampdown of this kind would put at risk the investments made by U.S. companies and slow down the race to space-based computing, since China is home to 10 of the top ten'suppliers' for equipment used to manufacture solar cells.
Suniva, a US solar cell manufacturer, invests $350 million to expand in South Carolina
Suniva, a U.S.-based solar manufacturer, announced on Tuesday that it would invest $350 millions?into a South Carolina cellular factory. Production will begin in early 2027. The new facility represents a significant expansion of the United States’ capacity to produce solar cells. These are?the building blocks that make up solar panels, which convert sunlight into electricity. Suniva stated that the project is scheduled to open during the second quarter 2027, and it will create over 550 new jobs. Due to the new U.S.
Botswana signs mineral and energy exploration deal with Oman
The presidency announced on Monday that a trip to Oman to strengthen economic relations led by the Botswana president resulted in multiple agreements, including those on mineral exploration, oil storage infrastructure, and renewable energy. Botswana is seeking to engage Gulf States as part of its strategy for diversification beyond diamond mining to include critical minerals like copper, gold graphite and iron ore. The presidency announced that President Duma Boko…
Sources say that Iberdrola has put a $1 billion sale of solar stakes on hold.
According to two people familiar with the matter, Iberdrola is putting on hold for now its attempt to sell a?minority stake in a Spanish solar energy portfolio of about 1 gigawatt. One source said that the Spanish company had decided to investigate the sale of its entire portfolio, known as Project Julieta. They were seeking an estimated value of $1 billion. One person said that the size of the valuation was a problem, and the other noted a waning of interest in formerly the leading bidder.
