China's Record Solar Power Installation in May, But Slowdown Looms

2025-06-24
China's Record Solar Power Installation in May, But Slowdown Looms

China installed a record-breaking 93 gigawatts (GW) of solar power capacity in May, surpassing the total solar capacity added by any other country in 2024. However, new government policies, including the removal of pricing protections for solar projects and stricter grid connection rules for rooftop panels, are expected to significantly slow growth this summer. This slowdown could further impact Chinese solar manufacturers already struggling with overcapacity and price wars, leading to losses reported by many top producers in Q1 2025.

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Trump's Tariff War: Canada and Mexico's Oil Industry Takes a Hit

2025-02-17
Trump's Tariff War: Canada and Mexico's Oil Industry Takes a Hit

The Trump administration's imposition of hefty tariffs on Canadian and Mexican oil products has sparked widespread concern. This move could lead to a 10% increase in gasoline prices in the U.S. Midwest and severely impact Canadian and Mexican oil exports. Experts point out the high dependence of the U.S. on Canadian heavy crude oil, with limited substitutes, meaning tariffs will directly translate to higher consumer prices. Mexico may redirect its oil exports to Asian and European markets. This event highlights the tense relationship between the U.S. and its major trading partners, and the impact of tariff policies on the global energy market.

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