Tag: 3800.HK

US-China Solar Wars Enter Second Round

Doug Young Trade War. photo via Bigstock Just days after China finalized anti-dumping tariffs on US makers of polysilicon, the main ingredient used to make solar panels, the US has announced it is opening a new anti-dumping investigation into solar panels imported from China. The close timing of this latest round of developments in a solar trade dispute between the US and China may look worrisome on the surface, especially if they had come a year ago. But in this case the solar signals seem less confrontational...

The Pros Pick Four Solar Stocks For 2014

Tom Konrad CFA Green 2014 image via BigStock With the average solar stock having doubled in 2013, it’s much harder to find bargains in the solar industry than it was a year ago.  But two of the professional green money managers think there is still value to be found.  When I asked them for their top three green stock picks for 2014, they came back with two solar picks each.  You can also read about my panel’s green income stock picks and...

Retail Renewable Energy Bonds Proliferating

by Sean Kidney Renewable Energy Finance via BigStockPhoto There has been a bit of interest recently about rapidly expanding options for retail investors to get involved in renewable energy projects. While we still see retail bonds as making a relatively modest contribution to the transition to a low carbon economy, they are important in engaging the public and creating awareness for green thematic investments which can only be good. Here’s a round up of some of the activity going on in the retail bond market (please note, this...

Microinverters Make a Move on Multi-MW Solar Power Installations

Tildy Bayar A microinverter from iEnergy Photovoltaic (PV) microinverters, traditionally used in smaller rooftop solar installations, are being used in a 2.3-MW commercial rooftop installation in Ontario, Canada, supplier Enphase Energy (ENPH) has announced. The installation is the largest commercial rooftop project under the province’s feed-in tariff (FiT). Analysis firm IHS Research has called the announcement a milestone in the microinverter segment’s progress towards establishing itself outside its biggest market, the U.S., and outside the residential solar segment.  According to IHS’s analysis, PV microinverter shipments are forecast to exceed...

First Solar Buys GE’s Tech: A Defensive Move?

James Montgomery Flexing its muscles yet again, thin-film solar PV leader First Solar (FSLR) has quietly acquired GE's (GE) similar solar intellectual property portfolio, but questions linger about whether and when the company will see the benefits. The deal includes both a specific module purchase commitment plus a longer-term commitment with agreed-upon pricing "over an extended period of years," according to First Solar CEO Jim Hughes during the company's 2Q13 earnings results. GE, meanwhile, will supply inverters for First Solar's global deployments, technology acquired through French firm Converteam, and it will seek to sell solar PV...

The Sun Breaks Through Stormy Skies of China/EU Trade

Sun breaks through trade war clouds China and the West broke a decades-old pattern of troubled trade relations over the weekend with a landmark deal to settle a trade dispute between China and the EU involving Chinese manufactured solar panels. Leaders in China and the West should use this breakthrough agreement as a template for resolving future trade disputes, turning to compromise rather than destructive accusations and punitive tariffs to end their disagreements. Trade between China and the West has grown rapidly over the last two...

China Levies Tariffs on US and South Korean Polysilicon

James Montgomery The Chinese Ministry of Commerce has formally decided to levy antidumping duties on imported solar-grade polysilicon from U.S. and Korean suppliers, turning up the heat yet again in the broader trade disputes simmering between several key markets for solar energy. The antidumping tariffs, which are said to be effective starting July 24, range from 54-57 percent targeting nine U.S. suppliers and from 2-49 percent for 11 South Korean suppliers. (Here's a roughly Googlized translation of the China MOC announcement.) Here's how the antidumping tariffs lay out: Not included in these polysilicon tariffs is any mention of European...

China Won’t Impose Tariffs on EU Polysilicon: Solar Trade Tensions Cool

Doug Young After months of heated rhetoric, the voice of reason is growing between Europe and China as they seek to end their dispute over Beijing’s state support for its solar panel sector. In the latest sign that a potential agreement to resolve the dispute could be near, Beijing has decided not to levy punitive tariffs against European polysilicon, the main ingredient used in making solar panels. (English article) Many had seen China’s launch of an anti-dumping investigation into European and US polycilicon imports last year as a retaliatory move for similar US and European investigations into Chinese...

Gevo Restarts Production

Jim Lane As Gevo recommences the switchover to bio-based isobutanol at its first commercial plant, we look in-depth at 2012′s contamination issues and the prospects and path forward. In Colorado, Gevo, Inc. (NASD:GEVO) announced that it has resumed commercial production of isobutanol at its Luverne, Minn. plant in single train mode, successfully utilizing its proprietary Gevo Integrated Fermentation Technology (GIFT). “I am pleased to report that we have been successful in operating our full scale fermentation and our GIFT separation system that separates the isobutanol from the fermentation broth. This serves to further validate our...

Japanese Solar Manufacturers Get Their Groove Back

Junko Movellan The Skies are Brightening as Manufacturers Resume Spending to Improve Efficiency Almost one decade ago, Japanese PV makers dominated global PV production Sharp (SHCAY), Kyocera (KYO), Sanyo (now part of Panasonic) and Mitsubishi Electric represented about 50 percent of global production in 2005. When German and other European markets expanded quickly, a great number of companies in Europe and Asia, specifically China, jumped into the “potentially” profitable PV industry. They rapidly ramped up their production and brought down costs, leaving Japanese companies behind. When the Japanese government decided to pump life...

China Trys to Cork EU Solar Tariffs With Wine Probe

Doug Young China is quickly learning how to play the game of tit-for-tat trade wars, with news that Beijing has launched a new anti-dumping probe against wines imported from the European Union. Anyone who has followed recent China-EU trade relations will know, of course, that announcement of this new probe by the Commerce Ministry comes the same day that the EU formally announced anti-dumping tariffs against imported Chinese solar panels. While I certainly don’t condone this kind of trade war rhetoric, I have to say that China’s decision to target Europe’s wine industry looks like a very...

Advanced Biofuels in the Valley of Disbelief

Jim Lane Lies, Truth, and Disbelief via BigStock Photo Are you missing out on great investment returns – is the Dow really headed for 20,000? Is the advanced biofuels rally for real? Why are investors sitting on the sidelines in the Valley of Disbelief? This year in the United States, despite awesome returns in the stock market and miserable bond yields, the Investment Company Institute estimates that $85.4 billion in new investment has poured into bonds by contrast, only $73.2 billion into stocks. Seth Masters, CIO of...

European Commission Recommends Tariffs on Chinese Solar

James Montgomery Trade War. photo via Bigstock The European Commission has decided to recommend duties on Chinese solar panels up to 67.9 percent, according to reports from multiple sources. Wall Street Journal reports that the tariffs will affect more than 100 companies, and be implemented at a range from 37.3 to 67.9 percent at an average of 47.6 percent, close to projections earlier this week. Companies will face tariffs as follows: Suntech (STP) and its subsidiaries: 48.6 percent LDK Solar (LDK): 55.9 percent Trina Solar (TSL): 51.5 ...

JA Solar and Renesola Rush to Reassure Creditors

Doug Young Mid-sized solar panel makers JA Solar (Nasdaq: JASO) and ReneSola (NYSE: SOL) are both in the news today discussing their finances, in what looks like an attempt to calm the nerves of investors and creditors who are no doubt worried following the bankruptcy forced upon former industry leader Suntech (NYSE: STP) earlier this week. All of these companies have billions of dollars in debt which they used to build up their manufacturing operations over the last decade, and big amounts of that money will be due for repayment in the next 2 years. Meantime, the...

Suntech Forced into Bankruptcy, Yingli Partners with GCL

Doug Young The inevitable has finally happened at tanking former solar star Suntech (NYSE: STP), which has been forced into bankruptcy ending a months-long battle between the company's founder Shi Zhengrong and just about all the company's other stakeholders. In the meantime, I would be remiss not to mention another solar news tidbit that has panel maker Yingli (NYSE: YGE) forming a new strategic tie-up with GLC-Poly Energy (HKEx: 3800), in what could eventually become the first mega-merger in the struggling solar panel sector. Let's start with Suntech, which has been in the headlines nearly non-stop these...

Plastics from Carbon Dioxide

by Debra Fiakas CFA In the last post, I promised to close out this series on carbon dioxide capture with a note on a third example of Department of Energy funding for innovations in turning carbon dioxide (CO2) into a valuable raw material.  Besides changing the chemistry of inorganic compounds and feedstock for biofuel production, CO2 has some potential for plastics.  In 2010, the DOE placed a bet of $18.4 million on Novomer, Inc., which is a self-described sustainable chemicals developer.   The bet appears to be paying off as Novomer and its partners go into production...