• China’s Hebei province to remove some solar subsidies next year

    China’s Hebei province to remove some solar subsidies next year

    Reuters reported that China’s northern Hebei province will phase out subsidies paid to some newly-built solar power plants from January next year, an official from the local pricing bureau told Reuters on Thursday, part of a state move to cut government support for the industry. China is in the process of reducing direct subsidy support […]

  • Trina Solar completes acquisition of Nclave

    Trina Solar completes acquisition of Nclave

    Trina Solar Limited announced that it has successfully closed the acquisition of Spain-based Nclave Renewable S.L. (“Nclave”), the world’s leading solar tracker system manufacturer. This is the first time that a Chinese solar company has acquired a solar tracker producer outside of its home market, accelerating Trina Solar’s strategic transformation from a leading PV product […]

  • Tesla Registers New Business in the Shanghai Free Trade Zone, China

    Tesla Registers New Business in the Shanghai Free Trade Zone, China

    A few weeks after China announced foreign companies will no longer need to partner with local Chinese companies to manufacture cars in the country. This new Chinese policy applies first to manufacturers of electric cars. Tesla certainly qualifies on that score. Tesla created Tesla Shanghai Co. Ltd, a wholly owned subsidiary of Tesla HK.

  • EIB To Provide €300 Million Loan to The Export-Import Bank of China

    EIB To Provide €300 Million Loan to The Export-Import Bank of China

    The European Investment Bank announced this week that it has signed an agreement to provide a €300 million framework loan in partnership with The Export-Import Bank of China, which the Europeans hope will spur other financiers in providing up to €1 billion in financing to help the country reduce carbon emissions and improve environmental protection.

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