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Electric Car sales in China set to Double in 2016

Posted by GetSolar Staff In Tuesday, March 15 2016 under: Energy Storage, Electric Cars, china

More than 300,000 electric cars were apparently sold in the Chinese market in 2015 as reported by Reuters on a press conference on Sunday. The Minister of Industry and Information Technology, Miao Wei told the reporters that 2016 electric sales should double in China in 2016, which would bring the number up to 600,000 vehicles.

 

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China May Double Solar Goal, U.S. Falls to Third in Clean Energy

Posted by Adam Sewall In Wednesday, March 30 2011 under: china, United States, Energy Policy, Cost and Financing, Germany

Faced with the on-going nuclear crisis in Japan -- the costs of which could make the March earthquake and subsequent tsnuami the most expensive natural disaster the world has ever seen -- nearby China may be moving to double its target for solar photovoltaic (PV) power capacity over the next five years.

Citing unnamed sources, China Securities Journal today reported that the country's solar target might be raised to 10 gigawatts (GW) of PV by 2015, up from the current target of 5 GW. For comparison, global solar PV capacity was about 40 GW in 2010.

This news comes after a report released yesterday found that, in terms of clean energy investment, the United States has slipped to third place behind China and Germany.

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When it Comes to Solar Panels, Pentagon Must 'Buy American'

A military authorization law recently signed by President Obama could lead to a solar standoff between the U.S. and China -- now the world's largest producer of solar panels.

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China Announces New Solar Energy Subsidies

Posted by Adam Sewall In Friday, December 3 2010 under: Solar Energy Incentives, international solar, china, Kyoto Protocol, Coal

Late yesterday, China announced a new raft of energy subsidies meant to bolster the country's growing solar energy sector.

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Colorado Solar Thin-Film Manufacturer to Sell into Chinese Market

News of a major partnership came out of Thornton, Colorado today as Ascent Solar Technologies, a manufacturer of thin-film photovoltaic (PV) modules, announced that it has signed a deal that will help it expand sales in the international market.

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China's Solar Hot Water Example

Posted by Annie Lindseth In Sunday, August 1 2010 under: international solar, china, Solar Hot Water, Solar Water Heating

Look who's investing in solar hot water technology. While the rest of us are worrying that solar thermal lacks the trendy appeal of other solar tech and wondering when people will realize how much sense it makes, China is quietly stepping up and installing more solar hot water capacity than anyone in the world.

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Sales for Suntech, First Solar High Despite German Subsidy Cuts

Posted by Connie Zheng In Monday, June 7 2010 under: international solar, china, Suntech, First Solar, Germany

Well ahead of the German solar subsidy cuts slated for July 1, German demand for solar modules from powerhouses Suntech Power Holdings Co Ltd. and First Solar has been high—high enough to have prompted the former to add 1 gigawatt in production capacity in Shanghai over the following three years, and high enough to have induced the latter to announce its inability to meet demand this year.

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US Solar Faces Brain-Drain From China

For some time now, we've seen American solar panel manufacturers struggle to keep costs low enough to compete with their Chinese and Japanese counterparts. Last year, Massachusetts-based Evergreen Solar (NASDAQ: ESLR) had to move solar panel assembly to China (though retaining its manufacturing facility not far from Boston) in order to cut back on costs and please investors. But there has still been a certain sense of complacency about our R&D leadership: after all, industry mover and shaker First Solar (NASDAQ: FSLR) started out in Tempe, Arizona, and high tech solar products under development at research institutions like MIT get a lot of press.

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Californian Solar Company Lands Lucrative China Deal

Last we heard, First Solar was the only American solar company setting up massive shop in China. As of this past Friday, however, it appears as if the Arizona powerhouse will have to share the space with a compatriot—Californian concentrating solar power company eSolar Inc., which will build a number of solar thermal “power tower” plants over the next decade. The plants are expected to generate a total of over 2,000 megawatts of electricity, which at peak output would be equivalent to that of a large nuclear facility.

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Chinese Thin Film Manufacturer Trony Solar Announces IPO on NYSE

Posted by GetSolar Staff In Wednesday, December 9 2009 under: Solar Industry News, international solar, Solar News, china

Chinese solar manufacturer Trony Solar is set to issue an initial public offering (IPO) on the New York Stock Exchange. The IPO was tentatively scheduled for today. Financially backed by Intel Capital and JP Morgan, Trony’s IPO will be the second for a solar energy manufacturer on the NYSE this year.

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