EUR/USD 1.18153
0.158%
Gold 5263.32
1.523%
Oil 67.175
2.731%
USD/JPY 156.171
0.028%
GBP/USD 1.34769
-0.043%
GBP/JPY 210.475
-0.006%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
February 28th - The China Council for the Promotion of International Trade (CCPIT) released the "2025 China Business Environment Research Report" at a press conference today (February 28th). The report shows that surveyed companies rated Chinas business environment at 4.39 out of 5, marking two consecutive years of improvement. Nearly 90% of surveyed companies rated Chinas business environment as "satisfactory." Among the 12 primary evaluation indicators, surveyed companies ranked highly in three areas: customs services, business establishment and exit environment, and social and legal environment. Business operations have remained stable with a slight upward trend.February 28th – This morning (February 28th), the China Council for the Promotion of International Trade (CCPIT) held a press conference. A CCPIT spokesperson released the "China Expos and Exhibitions 2026" at the conference. Compiled and published by the CCPIT, "China Expos and Exhibitions 2026" includes information on over 1,400 trade and economic exhibitions and expos planned to be held in more than 80 cities across China in 2026. It features broader industry coverage and a convenient dual search method with both provincial and industry indexes, and is published in both Chinese and English. The release of "China Expos and Exhibitions 2026" will promote the internationalization of Chinas exhibition industry and provide more references for enterprises to conduct international cooperation.February 28th - The State Administration for Market Regulation (National Standardization Administration) approved and released the national standard "Quality Assurance Specification for Human Biomonitoring". This standard, drafted by the National Center for Disease Control and Prevention, will officially take effect on March 1st.On February 28th, the Shenzhen Municipal Implementation Plan for Supporting the Replacement and Improvement of Consumer Goods with Ultra-Long-Term Special Treasury Bonds (2026) mentioned supporting car replacement and renewal. Individual consumers who transfer their passenger vehicles registered in their own name and purchase new energy passenger vehicles included in the "Catalogue of New Energy Vehicle Models Eligible for Vehicle Purchase Tax Reduction or Exemption" or fuel passenger vehicles with an engine displacement of 2.0 liters or less will receive a car replacement and renewal subsidy. Specifically, the subsidy for purchasing new energy passenger vehicles is 8% of the vehicle price (maximum 15,000 yuan), and the subsidy for purchasing fuel passenger vehicles with an engine displacement of 2.0 liters or less is 6% of the vehicle price (maximum 13,000 yuan).On February 28th, the National Bureau of Statistics released the "Statistical Communiqué on National Economic and Social Development in 2025." In 2025, my countrys per capita GDP reached 99,665 yuan, an increase of 5.1% over the previous year, equivalent to US$13,953 at the average annual exchange rate, exceeding US$13,000 for the third consecutive year. This steady increase in per capita GDP is attributed to the leading role of technological innovation, the accelerated construction of a modern industrial system, and the vigorous development of new-type productive forces.

In the United States, solar costs increased by more than 8 percent in the second quarter

Charlie Brooks

Jul 15, 2022 10:35

79.png


According to a research published late on Wednesday, solar energy prices in the United States climbed by 8.1% in the second quarter as a result of an investigation by the Commerce Department into tariffs on Southeast Asian products and growing input costs.


According to a quarterly index that analyzes renewable energy transactions and is collected by LevelTen Energy, the increase amounted to a remarkable 29.7 percent increase in the overall price of wind and solar contracts, also known as power purchase agreements (PPAs), compared to the previous year.


Compared to the previous year, the cost of solar PPAs has climbed by 25.7%.


Since the Russian invasion of Ukraine, economic, logistical, and labor market problems caused by the coronavirus outbreak have intensified, undoing a decade of renewable energy industry cost reductions.


Wind contract expenditures grew by 2.5% during the quarter and have grown by 33.7% annually. Third-quarter wind energy costs in the Southwest Power Pool (NASDAQ:POOL) jumped by 16 percent due to a lack of transmission capacity. Some of the nation's most windy regions, including parts of Nebraska, Oklahoma, and Texas, are served by the grid operator.


LevelTen claimed that it was too soon to evaluate whether or not the decision by U.S. President Joe Biden in early June to waive tariffs on solar panels from the four Asian countries included in the probe for two years will alleviate some of the cost pressure.


In a survey of fifty developers conducted by the firm, around one-third responded that they wanted additional assurances that tariffs would not be applied retroactively if the Commerce Department were to implement them after the two-year wait.


LevelTen reports that the rising cost of wind and solar contracts for corporate and utility buyers has mirrored the rising cost of natural gas-related wholesale energy prices.


Suggestion