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☆ Solar manufacturers petition U.S. to impose tariffs on imports from four Southeast Asian nations
▼ + stars: | 2024-04-24 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

A coalition of U.S. solar manufacturers petitioned the federal government on Wednesday to impose tariffs on imports from four Southeast Asian nations, alleging that the countries are flooding the U.S. market with cheap products that threaten the domestic industry. The other six parties to the petition are Convalt Energy, Meyer Burger, Mission Solar, Qcells, REC Silicon and Swift Solar. They are requesting that the Commerce Department impose tariffs on solar cell imports from the four countries as a remedy. "This case is bad news for clean energy jobs and American solar manufacturing," Array CEO Kevin Hostetler said in a statement Wednesday. The ITC and Commerce Department investigations will take about 12 months to conclude, Brightbill said.

Persons: Meyer Burger, Tim Brightbill, Joe Biden, Brightbill, Kevin Hostetler, Janet Yellen, Biden Organizations: U.S, Convalt Energy, International Trade Commission, Commerce, ITC, Initiative, Commerce Department, Solar Energy Industries Association, American Clean Power Association, Advanced Energy, American Council, Renewable Energy, Technologies, International Energy Agency, IEA, CNBC Locations: Zhangye city, Gansu province, China, Cambodia, Malaysia, Thailand, Vietnam, U.S, The U.S, Beijing's

☆ A New Surge in Power Use Is Threatening U.S. Climate Goals
▼ + stars: | 2024-03-13 | by ( Brad Plumer | Nadja Popovich | ) www.nytimes.com time to read: +14 min

Nathan Howard for The New York TimesIn California, electric vehicles could soon account for 10 percent of peak power demand. AP Photo/Mike StewartIn interviews, utility executives say gas is needed to back up wind and solar power, which don’t run all the time. Gas plants can sometimes be easier to build than renewables, since they may not require new long-distance transmission lines. “It’s going to take a diversified fleet.”Mr. Mitchell noted that Georgia Power was planning a large build-out of solar power and batteries over the next decade and would offer incentives to companies to use less power during times of grid stress. The tech companies and manufacturers that are driving up electricity demand could also play a major role, experts say.

Persons: ”, Daniel Brooks, Nathan Howard, Lauren Justice, Biden’s, “, Tyler H, Norris, Mr, John Wilson, Ken Seiler, Seiler, Devin Hartman, Duke, Kendal Bowman, Duke Energy’s, it’s, we’ve, Georgia Power, It’s, Greg Buppert, Megan Varner, Mike Stewart, Aaron Mitchell, “ It’s, Mitchell, Heather O’Neill, Brian Janous Organizations: Electric Power Research Institute, The New York Times, Duke University, Biden, Utilities, North American Electric Reliability Corporation, Boston Consulting, Dominion Energy, Nationwide, R Street Institute, The New York Times Soaring, Duke Energy, Georgia, Southern Environmental Law Center, AP, Dominion, Georgia Power, Advanced Energy, Microsoft Locations: America, California, Virginia, Georgia, North Carolina, South Carolina , Tennessee, Kansas, Northern Virginia, Arizona, Texas, Illinois, New Jersey, York City, PJM, “ Texas, Ashburn, Va, Dalton , Ga, Dalton, Duke

☆ 8 more of our stocks report earnings next week. Here's what we want to see
▼ + stars: | 2024-02-03 | by ( Zev Fima | ) www.cnbc.com time to read: +13 min

The three major averages posted gains for the fourth week in row, lifted by strong quarterly earnings results for most of the Big Tech companies and a strong jobs report. A weaker ADP Employment report on Wednesday provided no read-through to the monster January jobs report Friday. Here's what we're keeping an eye on in the coming week: 1. Earnings: It's another big earnings week head for the portfolio, with 8 more of our companies reporting. Consistency is what we appreciate most from nat gas giant Linde , so we're hoping for another quarter of solid earnings growth Tuesday.

Persons: Estee Lauder, Eli Lilly, Mounjaro, Nelson Peltz, Estée Lauder, Tyson, CARR, Jacobs, Willis Towers Watson, Edwards, Walt Disney, Oscar Health, Philip Morris, Armour, BAX, BILL, Jim Cramer's, Jim Cramer, Jim, George Frey Organizations: Big Tech, Dow Jones Industrial, Nasdaq, PMI, Apple, Starbucks, Procter, Gamble, GE Healthcare, DuPont, Linde, Ford, General Motors, Trian Partners, Disney, ESPN, Wynn Resorts, Wynn, Vegas, Prix, Estée Lauder Companies, Caterpillar, McDonalds Corp, Allegiant Travel, Bowlero Corp, Tyson Foods, TSN, Air Products & Chemicals, IDEXX Laboratories, CNA Financial Corp, CNA, Timken Company, Graham Corporation, Mesa Laboratories, Sphere Entertainment, Loews Corp, Technologies, Vertex Pharmaceuticals, Semiconductors, Simon Property Group, Amkor Technology, FMC Corporation, FMC, BellRing Brands, Crown Holdings, ChampionX Corporation, Golub Capital BDC, Flexsteel Industries, Kilroy Realty Corp, Gladstone Capital Corp, Unibanco, S.A, Snack Foods Corp, Kimball Electronics, Skyline Corp, Cabot Corporation, Simpson Manufacturing Co, Varonis Systems, Co, GE HealthCare, Linde plc, LIN, Spotify Technology S.A, BP, Hertz Global Holdings, AeroSystems Holdings, Toyota Motor Corp, Cummins, CMI, Software Technologies, AGCO Corporation, Carrier Global Corporation, Lear Corp, CONSOL Energy, Centene Corporation, Gartner, Arcbest Corp, CTS Corporation, Energizer Holdings, Hamilton Lane Incorporated, KKR, Precision Drilling Corporation, Frontier Group Holdings, Waters Corp, Alfa Laval, Aramark Holdings Corp, FirstService Corporation, Garden Sports Corp, New Jersey Resources Corp, nVent Electric plc, PJT Partners, Resources, Sensata Technologies, Ford Motor Company, Enphase Energy, Grill, VF Corp, Edwards Lifesciences Corp, Gilead Sciences, Lumen Technologies, Cognizant Technology Solutions Corp, Weatherford International plc, Amcor plc, Arrowhead Pharmaceuticals, Advanced Energy Industries, Uber Technologies, CVS Health, Roblox Corporation, Ares Capital Corp, Bunge, XPO Logistics, Scotts Miracle, Gro Company, Berry Global, Flex LNG, Equinor ASA, Griffon Corporation, OneMain Holdings, Brookfield Asset Management, Emerson Electric Co, Hilton Worldwide Holdings, Reynolds Consumer Products, Silicon Laboratories, Brands, Sciences, CDW Corp, Fox Corporation, WYNN, PayPal, Arm Holdings plc, ARM, Axcelis Technologies, Mattel, Paycom, Annaly Capital Management, McKesson Corp, Health Corporation, O'Reilly Automotive, Allstate Corp, Fluence Energy, Power Systems, Digital Turbine, Blue Bird Corp, Everest Group, Omega HealthCare, Coty, COTY, ConocoPhillips, Cameco Corp, Philip Morris International, Spirit Airlines, Hershey Company, Lightspeed Commerce, Aurora Cannabis, Lincoln National Corp, P, Tenet Healthcare Corp, Asbury Automotive Group, Arrow Electronics, Baxter International, PetMed, Boyd Gaming Corp, FirstEnergy Corp, Motorola Solutions, Terex Corp, PepsiCo, Growth, AMC Networks, Owl, American Pipeline, TELUS International, Magna International, Newell Brands, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: U.S, China, Macau, Wynn Macau, Valvoline, VVV, ALFVY, Madison, New Jersey, Gilead, Ceridian, ORLY, Paycor, Aurora, Provo , Utah

BANGKOK (AP) — China's Environment Minister Huang Runqiu said Thursday his country wants to strengthen cooperation with the United States to combat climate change, as he met in Beijing with California Gov. Newsom is on a weeklong tour of China where he is pushing for climate cooperation. The climate is one of the few issues where the U.S. and China have agreed to work together. Governors of California, which has an economy larger than most countries, have a long history of climate collaboration with China. Brown also met Xi Jinping in 2017.

Persons: Huang Runqiu, Gavin Newsom, Newsom, Huang, Xi Jinping, Wang Yi, Han Zheng, Jerry Brown, Arnold Schwarzenegger, Brown, Olivia Zhang Organizations: —, California Gov, U.S, ___ Associated Press Locations: BANGKOK, — China's, United States, Beijing, China, Taiwan, California

That's almost 40% of U.S. solar panel capacity, according to figures from the Solar Energy Industries Association. Political Cartoons View All 1211 ImagesIndustry jitters about a flood of cheap solar panels from overseas show how dependent on federal policy the solar industry remains. Even with that boost, solar industry leaders warn, factories will struggle to compete with a new spike in cheap Asian imports. They're again urging federal officials to investigate whether solar panels are being dumped at unfairly low prices. Politics envelops the solar industry.

Persons: That's, Qcells, “, Scott Moskowitz, Joe Biden’s, Donald Trump, They're, Mike Carr, Carr, Moskowitz, Kamala Harris, Brian Kemp, Democratic U.S . Sen, Jon Ossoff, ” Kemp, Ossoff, Georgia Democratic Sen, Raphael Warnock, ” Ossoff Organizations: Hanwha, Solar Energy Industries Association, Associated Press, Republican, U.S, Solar Energy Manufacturers, America Coalition, Qcells, Republican Gov, Democratic U.S ., Georgia Democratic Locations: Georgia, United States, Dalton, U.S, Asia, Cartersville, Washington, China, Taiwan . U.S, OPEC

☆ To Counter China, G7 Countries Borrow Its Economic Playbook
▼ + stars: | 2023-05-19 | by ( Jim Tankersley | Ana Swanson | ) www.nytimes.com time to read: +1 min

Midway through his face-to-face meeting with President Biden in Indonesia last fall, the Chinese leader, Xi Jinping, offered an unsolicited warning. For months, he and his aides had worked to recruit allied countries to impose their own restrictions on sending technology to China. The effort echoed the sort of industrial policy that China had employed to become the world’s manufacturing leader. In Bali, Mr. Xi urged Mr. Biden to abandon it. As Mr. Biden and fellow leaders of the Group of 7 nations meet this weekend in Hiroshima, Japan, a centerpiece of their discussions will be how to rapidly accelerate what has become an internationally coordinated round of vast public investment.

☆ An exclusive look inside Amazon's uniquely sustainable HQ2
▼ + stars: | 2023-05-19 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +3 min

The 2.1 million square feet of space includes some of the newest clean energy technology and sustainability features. The floor is made of concrete from Carbon Cure, a clean cement company funded by Amazon's Climate Pledge Fund. Starting next week, the first of 8,000 Amazon employees will begin moving into one of two brand new 22-story towers in Arlington, Virginia. Amazon's HQ2, formally called Metropolitan Park, has many features that contribute toward the company's goal of reaching net zero carbon emissions across all operations by 2040. Hurst wouldn't say how much the sustainability features increased the cost of the development.

☆ Enel agrees to sell two Peruvian assets to China's CSGI for $2.9 bln
▼ + stars: | 2023-04-07 | by ( ) www.reuters.com time to read: +1 min

MILAN, April 7 (Reuters) - Italy's biggest utility Enel (ENEI.MI) said on Friday it agreed to sell its equity stakes in two Peruvian assets for $2.9 billion to China Southern Power Grid International (CSGI). Enel launched an asset sale plan in November that would narrow its focus to six core countries and cut its debt. At the end of last year, the company's net debt was down to 60.1 billion euros ($65.49 billion) from a peak of nearly 70 billion euros at the end of September. The deal is expected to reduce in Enel's consolidated debt by around 3.1 billion euros this year, with a positive impact of around 500 million euros on reported net profit. Under the agreement, Enel's Peruvian subsidiary will sell its entire stake of 83.15% in power distribution and supply company Enel Distribucion Peru and 100% of Enel X Peru, which provides advanced energy services, it said in a statement.

HOUSTON, March 3 (Reuters) - The chief executive of Saudi Arabian state oil company Aramco (2223.SE) will not attend an energy conference organized by S&P Global next week, the event's updated schedule showed. Amin Nasser, head of the world's largest oil company, had been listed as delivering a keynote address at CERAWeek, the largest gathering of high-profile oil executives and energy ministers. Nasser was one of the few high-level Saudi officials on this year's schedule and has been a regular presence at past CERAWeek conferences. The agenda for this year's event is dominated by major oil company executives and U.S. government officials, with fewer Middle East executives and officials. A record 7,000 people have signed up for the week-long event, which will includes discussions of fossil fuels, clean energy and advanced energy storage.

☆ New $10 Billion Program for Energy Subsidies Set for Rollout by Treasury Department
▼ + stars: | 2023-02-15 | by ( Richard Rubin | ) www.wsj.com time to read: 1 min

WASHINGTON—The Treasury Department is preparing to start a $10 billion program for subsidizing advanced energy projects and a new tax break for solar-and-wind projects in low-income communities. The two programs were created last year in the climate, health and tax law known as the Inflation Reduction Act. The department has been working to lay out the details of how the law’s tax breaks will work, as companies begin taking advantage of new incentives to invest in projects aimed at accelerating the country’s shift away from fossil fuels.

☆ Treasury Department Set to Roll Out New Tax Credits for Energy Projects
▼ + stars: | 2023-02-13 | by ( Richard Rubin | ) www.wsj.com time to read: 1 min

☆ Nest smart thermostat co-founder is back with a new device for the home, focused on food
▼ + stars: | 2023-01-17 | by ( Barbara Collins | ) www.cnbc.com time to read: +4 min

Matt Rogers went from Apple to Nest Labs and into many homes with the now-Google smart thermostat. He's looking to get into your home again, this time to solve America's food waste problem. After Nest, Rogers began work on several philanthropic projects, many focusing on climate-related initiatives. "We've kind of gotten used to the way things are, but it doesn't have to be that way," Rogers said. Mill now makes it easy for people to get rid of food waste and reduce their carbon footprint.

☆ Forget the F-150 Lightning and Hummer EV. Ford and GM's real battle is for electric delivery vans.
▼ + stars: | 2022-12-11 | by ( Alexa St. John | ) www.businessinsider.com time to read: +4 min

But perhaps their real battle will happen with electric delivery vans. "But the electrification of the commercial vehicle market," he said, "I think is underappreciated." Now, government support through incentives has bolstered EV momentum, and as a result, companies looking for electric fleets will only ask for more. How electric delivery van-makers plan to nail this downFord and GM's inherent advantages over rivals include name recognition, robust supply bases, and ample resources. "We've seen over the decades how strong brand loyalty is in the commercial vehicle segment," said AutoPacific analyst Robby DeGraff.

☆ Treasury outlines wage, apprenticeship requirements for clean energy tax credits
▼ + stars: | 2022-11-29 | by ( Emma Kinery | ) www.cnbc.com time to read: +3 min

"I want to send a message to investors, developers, contractors looking at clean energy projects," said Labor Secretary Marty Walsh. The Inflation Reduction Act, which became law in August, allocated $369 billion toward addressing climate change through clean energy initiatives. Firms have to pay workers the prevailing wage for their area and abide by rules for the use of apprenticeship programs. The prevailing wage and apprenticeship requirements are needed for companies to receive the Advanced Energy Project Credit, the Alternative Fuel Refueling Property Credit, the Credit for Carbon Oxide Sequestration, the Clean Fuel Production Credit, the Credit for Production of Clean Hydrogen, the Energy Efficient Commercial Buildings Deduction, the Renewable Energy Production Tax Credit and the Renewable Energy Property Investment Tax Credit. The prevailing wage stipulation is also required for the New Energy Efficient Home Credit and the Zero-Emission Nuclear Power Production Credit.

☆ 7 companies poised to cash in on the $30 billion hydrogen commercial-vehicle market by winning over giants like Amazon
▼ + stars: | 2022-09-20 | by ( Andrew Moseman | ) www.businessinsider.com time to read: +7 min

Rising fuel costs, the possibility of stricter emissions regulations to come, and questions about battery supplies, have all increased the appeal of zero-emission fuel cells. Volvo TrucksVolvo GroupCEO: Martin LundstedtMarket Cap: $32.97 billionHQ: Gothenburg, SwedenVolvo Trucks said in June 2022 it had begun testing hydrogen fuel-cell trucks. In the latter case, Plug Power has provided Amazon with more than 15,000 fuel cells to replace the batteries in its warehouse forklifts since 2016. Plug just signed a new deal to provide the behemoth with the liquid hydrogen necessary to run its fuel-cell vehicles starting in 2025. As part of a deal with Weichai group, Ballard is building fuel cells in China to power fuel-cell vehicles in that market.

☆ Новая технология преобразовывает выбросы в строительные блоки
▼ + stars: | 2021-06-04 | by ( Mld Media Srl | ) noi.md time to read: +2 min

Инженеры-химики из университета Нового Южного Уэльса в Сиднее разработали новую технологию, которая помогает перерабатывать вредные выбросы углекислого газа в химические строительные блоки для производства синтетического дизельного топлива, метанола, спирта или пластмассы. По словам исследователей, новый способ является более дешевым, чем то, что сейчас используется в тяжелой промышленности. "Мы использовали открытое пламя, которое горит при 2000 градусах, чтобы создать наночастицы оксида цинка, которые затем могут быть использованы для преобразования CO2 в синтез-газ. Новый способ этой проблемы избегает, в ход идет только отработанный углекислый газ. Если новая технология пройдет апробацию в промышленных условиях и будет принята мировым сообществом, то это станет еще одним шагом по переходу к безотходному зеленому производству.

Persons: Сиентий Роуз Амал, Лего, Эмма Ловелл Organizations: Advanced Energy Materials, Исследование Locations: Новый Южный Уэльс, Сидней, Новый Южный уэльсан

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