Category Archives: News

[In-Depth Report] 5 Reasons Why Trina Solar’s IPO Is Postponed

published: 2020-01-15 10:00 | editor | category: News
Trina Solar, one of the largest solar powerhouses in the world, tried to apply for IPO in China, which was expected to be clear sailing for the company. However, the Sci-Tech Innovation Board, China’s equivalent to NASDAQ, has not approved Trina’s application. The status is now “postponed.” ...  more

Algae Fuel Developed in Europe Powers Cars Up to 80kph and Serves as an Alternative to Land-Based Biomass Resources

published: 2020-01-14 21:00 | editor | category: News
Biofuels are often brought up when discussing the use of renewable energies to protect the environment and reduce carbon emissions. However, a very controversial aspect of biofuels is that the base materials for their production are often staple crops and woody plants. Growing staple crops for biofuels takes up existing arable land, and food prices may also experience sharp increases from time to time as biofuel producers compete with the general populace for the same agricultural commodities. ...  more

Your Monday Briefings: All the Solar News (Week 3)

published: 2020-01-13 17:44 | editor | category: News
Everything you need to know about the solar power markets and companies is all here. There are tenders open in Bangladesh and China. Brazil is cancelling its “solar tax”. Keep reading if you want to remain one step ahead. Image by...  more

Robbins Geller Makes $350 Million Compensation for First Solar Investors

published: 2020-01-09 21:00 | editor | category: News
After a lengthy legal battle and on the day before jury selection, Robbins Geller Rudman & Dowd LLP secured a $350 million settlement for the investor class in Smilovits v. First Solar, Inc., No. 2:12-cv-00555-DGC, pending in the United States District Court for the District of Arizona. The shareholder class was led by two U.K. pension funds: Mineworkers’ Pension Scheme and British Coal Staff Superannuation Scheme. ...  more

Germany Shut Down Philippsburg Power Plant on the Last Day of 2019, Affirming Its Commitment to Go Nuclear-Free by 2022

published: 2020-01-09 0:30 | editor | category: News
The Philippsburg 2 nuclear reactor located in the German state of Baden-Württemberg was taken offline permanently as scheduled on the evening of December 31, 2019. This event affirms the current German government’s resolve to phase out the use of nuclear energy by 2022 and expand the contribution of renewable energies in domestic electricity production. ...  more

Tesla Secures Loan for Expanding Shanghai Gigafactory

published: 2020-01-09 0:30 | editor | category: News
Tesla China has officially secured a loan of up to 10 billion RMB for five years from a banking consortium consisting of China Construction Bank, Agricultural Bank of China, Industrial and Commercial Bank of China and Shanghai Pudong Development Bank; the loan will mainly be used for the expansion of the company's China operation and its Shanghai Gigafactory; it will also be used to repay its previous loan of 3.5 billion RMB. ...  more