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Solar PV industry caught up in China forced-labour controversy
Political momentum is swaying in favour of European solar panel manufacturers, as work progresses on a new EU law banning forced labour practices that would effectively block Chinese imports.
read more... 19/02/2024
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Solar industry calls for ‘emergency measures’ as manufacturers prepare to leave Europe
European solar panel manufacturers have warned they are “poised to shut down manufacturing lines” unless the EU takes emergency measures to save the sector, such as a buy-out of their inventories, which have piled up in recent years due to an influx of cheaper versions from China.
read more... 05/02/2024
Daily (30.01.2024): European carbon prices plummeted to 22-month low on Monday amid speculative selling and sluggish demand
On Monday, oil prices fell on Monday as concerns about heightened tensions in the Middle East were balanced out by the liquidation of China's major real estate developer, perceived as a discouraging indication for demand. As a result, Brent crude settled 1.4% lower at $82.40, while WTI crude dropped by about 1.6% to stand at $76.78 per barrel.
read more... 30/01/2024
Serbia secures $2.18bn renewables investment commitment from China
The Serbian mining and energy ministry has secured a commitment of $2.18bn (RSD236.08bn) in investment from China for the development of renewable energy projects, Reuters has reported.
read more... 30/01/2024
Daily (26.01.2024): Oil prices surged to their highest levels since early December on the back of positive economic data from China and the U.S
Oil prices rose to their highest level since early December on Thursday, driven by encouraging economic data from the U.S. and stimulus actions in China. As a result, Brent crude ended at $82.43, while WTI crude closed at $77.36 per barrel, with both contracts jumping by about 3%.
read more... 26/01/2024