Asia Report: China Takes Sharp Turn in Push for Solar Energy
Facing a manufacturing overcapacity and a growing need for clean energy, China announced a plan that could have impacts on both fronts.COGNIZANT TECH SOLUTIONS COMCAST COMMSCOPE COMMUNICATIONS HOLDINGS COMPAL ELECTRONICS COSMOTE MOBILE TELECOM
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China's Energy Saving and New Energy Vehicle Development Plan is still awaiting approval, stymieing the efforts of domestic new energy vehicle producers to map out their development plans and raising concerns that foreign rivals may come in to the local market and grab the new growth opportunities.
The concept of the smart grid continues to mystify both utilities and consumers alike. Is it cost-effective? What is the best method for deployment? Is the public ready for it? Do we actually need it?
The trade case brought against Chinese solar manufacturers by U.S. solar-panel producer SolarWorld and six other domestic equipment makers could undermine the solar industry's significant progress at the very moment it is poised for success.