Finance

The latest round of high level trade talks between the EU and China touched upon the tricky subject of subsidies and state-owned enterprises. Trade commissioner Karel de Gucht was involved in the fourth HED talks, in Brussels.

REC’s silicon business saw an increase in polysilicon sales volume of 56% in the July-September quarter despite China’s introduction of preliminary anti-dumping duties.

The switch from dirty source to clean energy seen as a signal of growing acceptance of renewable power in the U.S. state.

Following the sale of REC Solar, the REC Silicon arm of the company has announced it will move all operations to the State of Washington, U.S., with current CEO Ole Enger stepping down in December.

The new 52-acre solar farm is the largest in the region and was completed on schedule and on budget by India’s largest solar company.

The customizable installation will be spread across four individual sites in Yuma, Arizona, ranging from rooftop to carport installations.

Chinese manufacturer Canadian Solar will supply 445,000 modules and EPC services for the Grand Renewable Solar project. The deal will be worth $301 million to the company.

The chairman and two directors of China Solar, including the chairman’s son, have been arrested and detained by authorities in Dali since August 26. The trio are being investigated over the alleged false reporting of registered capital for two subsidiaries.

The Asian Development Bank says the expense of implementing a low carbon energy future is larger than the saving to be made from reducing fossil fuel use. The bank’s Asia Pacific update looks at two energy scenarios to 2035.

The combined capacity of 60 MW will be spread over several ground-mounted solar power plants in the U.S. state and Puerto Rico.