Solar Energy

Struggling Chinese makers of solar panels turn themselves into customers by building solar farms

Beijing unveiled a plan in July to quadruple China's solar generating capacity to 35 gigawatts by 2015. Photo: Reuters

China’s loss-making makers of solar panels believe they may have found a way out of their nightmare – by becoming one-stop renewable energy shops with their own solar farms.

Friday, 8 November, 2013, 3:38pm

China's solar energy industry may see phoenix-like rise

China's solar energy industry may see phoenix-like rise

China's state subsidies during the past two decades have caused cycles of boom and bust for major companies in multiple industries. The latest is solar energy. The bankruptcy declaration this month by Suntech Power, once the world's largest solar-panel producer by sales, has sent shock waves across the industry.

28 Mar 2013 - 7:11am

GCL pins hopes on solar farms for profit

GCL-Poly Energy plans to build as much as 300MW of plants on the mainland and has a project pipeline of more than 1,000MW of plants. Photo: Reuters

GCL-Poly Energy, the world's largest maker of raw materials for solar panels, plans to build 500 to 600 megawatts (MW) of solar farms overseas and on the mainland.

25 Mar 2013 - 3:37am

Suntech keeps power on after failure

It is business as usual at Suntech during the restructuring period.

A day after Suntech Power became the solar industry's biggest corporate failure, workers continued to load and unload trucks at its main factory in China, adding to the global oversupply of panels.

23 Mar 2013 - 3:41am

China unlikely to bail out Suntech

Beijing wants the solar industry to reduce manufacturing capacity.

The mainland will not rescue Suntech Power from its creditors because the former biggest solar-panel maker needs to retrench along with the rest of the industry, two advisers to government agencies said.

15 Mar 2013 - 5:46am

Beijing's tariff move takes shine off solar stocks

The outlook for the mainland's solar power industry is in doubt.

Solar stocks fell after a media report said Beijing planned to reduce power tariffs it allowed solar farms to charge, raising concerns that it might be more inclined to drive equipment makers to cut costs and consolidate than boost demand through incentives.

12 Mar 2013 - 5:33am

US lawmakers press for broader restraints on China solar imports

Workers in Baoding, Hebei province, clean solar panels. Photo: EPA

Eight US lawmakers urged President Barack Obama’s administration on Wednesday to broaden the scope of proposed duties on billions of dollars of solar panels from China, as the US government nears its final rulings in the case.

29 Aug 2013 - 4:13am

Merkel tells Chinese solar companies to stop price dumping

German chancellor Angela Merkel and Wen Jiabao pose during a visit to the Forbidden City in Beijing yesterday. Photo: EPA

German Chancellor Dr Angela Merkel took her first ride on China's high-speed train yesterday, joining Premier Wen Jiabao on a visit to his hometown - the northern Chinese port city of Tianjin - during their second day of trade talks.

1 Sep 2012 - 3:40am

BYD's earnings plummet 94pc

BYD faces a challenging sales environment. Photo: Reuters

Chinese carmaker BYD, backed by billionaire investor Warren Buffett, posted a 94 per cent drop in first-half earnings, underperforming most of its rivals as sales sagged and its solar energy business lost money.

28 Aug 2012 - 3:38am

Solar alternative to beat heat after idling ban

Technology could rescue drivers worried about having to wait in sweltering heat without air conditioning after an engine-idling ban comes into effect in December.

Solar-powered air conditioning can cool a vehicle for two to three hours if the battery is fully charged.

It can save up to 40 per cent on fuel, its developer claims.

7 May 2015 - 3:07pm

HK$135m sun-powered boat on epic voyage to the future

Just one glance at the boat pulling into Ocean Terminal last month was enough to tell you were looking at something revolutionary.

The Turanor PlanetSolar is the largest solar-powered boat ever built and is helping to prove the practical value of harnessing energy from the sun.

1 Sep 2011 - 12:00am

Forecasters following the sun

On a calm night at sea, Captain Erwann Le Rouzic is not just paying attention to the wind and currents, twin tools sailors have used for centuries in nautical navigation. Rather, he is looking at predictions for sunlight: areas in the surrounding ocean where rays are the strongest for longest need to be calculated into his route for the next few days.

21 Aug 2011 - 12:00am

Solar-fuelled boat in HK

The 31m high-tech multihull catamaran, MS Turanor PlanetSolar, which is making the first solar-powered round-the-world trip, docked at Hong Kong's Ocean Terminal on Monday. It will stay in port until next Monday.

17 Aug 2011 - 12:00am

Pioneering boat sails in on the sun

Captain Erwann Le Rouzic is chasing the sun at sea.

The Frenchman is manning the world's first solar marine expedition on the Turanor PlanetSolar, a boat that runs entirely on energy from the sun, and, at 90 tonnes, is the largest solar boat ever built.

16 Aug 2011 - 12:00am

Intrepid ocean explorer puts his faith in the youth of today for a greener tomorrow

Tuen Mun might not be our choice of a scenic stop during an around-the-world sail, but that's where South African explorer Mike Horn docked to show the media his environmentally-friendly yacht, Pangaea, on Tuesday morning. The expedition, sponsored by watchmaker Panerai, has taken the 43-year-old over 100,000 kilometres of ocean.

1 Oct 2009 - 12:00am

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