EU Probe Finds Chinese Solar Makers Received Aid

Posted on August 28th, 2013 by
   

EU Probe Finds Chinese Solar Makers Received Aid

A European Union investigation showed that Chinese solar panel makers received subsidies, increasing the likelihood of EU tariffs on Chinese solar technology imports to counter trade-distorting state aid. The European Commission concluded in the investigation that Chinese solar manufacturers benefited from preferential lending, tax programs and other aid. The probe is one of two that the commission is conducting into alleged unfair Chinese solar trade. The commission is currently engaged in a political balancing act as it seeks to limit Chinese competition against European manufacturers.  EU governments, acting on proposals from the commission, must decide by December on any definitive measures against the Asian powerhouse.

Clean Energy Supplied 14% of US Electrical Generation During First Half of the Year

According to the latest report released by the U.S. Energy Information Administration, with data through to June 30, 2013, clean energy sources provided 14.20 % of the country’s net electric power generation during the first half of 2013. The nation’s electrical generation mix consisted of coal (39% ), natural gas and other gas (26.46 %), nuclear power (19.48 %)  and petroleum liquids + coke (0.66 %). The balance (0.21%) was from other sources and pumped hydro storage.

China’s Power Generation Seen Doubling With Renewables and Coal

China’s power generation capacity will more than double by 2030, with half of all new plants being powered by renewables and coal.  China may add 1,583 GW of capacity and reel-in $1.4 trillion in clean energy investment by that year, according to a Bloomberg New Energy Finance (BNEF)report. While coal-fired capacity will drop as clean energy and gas generation rise, coal’s share in the power mix will remain highest at 58 percent in 2030, down from 72 percent last year, according to BNEF.

Japanese Government To Take Over Fukishima Clean Up

Trade Minister Toshimitsu Motegi told reporters recently that the government will move to the forefront in dealing with the Fukushima disaster. Japan’s Ministry of Economy, Trade and Industry, is working to draw up, by sometime in September, both emergency measures and more fundamental steps to eliminate the roots of the contaminated water problem, as well as measures to be carried out going forward, the Prime Minister’s office said.  Prime Minister Shinzo Abe has assured more government funds to aid the cleanup. Measures under consideration for the next one to two years include fencing off the reactors with an underground ice wall.

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