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22.04.25 - 21:45
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Goldman Finds First Solar "Well-Positioned" To Benefit From US Tariffs On Asian Panel Producers (ZeroHedge)
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Goldman Finds First Solar "Well-Positioned" To Benefit From US Tariffs On Asian Panel Producers
With the Trump administration preparing to impose new tariffs on U.S. solar imports from four Southeast Asian nations, Goldman analysts see Arizona-based First Solar as the top beneficiary, calling it "the leading U.S. panel manufacturer best positioned to gain from escalating trade protections."
The U.S. Commerce Department announced the new tariffs on Monday, stemming from a year-long trade investigation. The investigation found that solar manufacturers in Cambodia, Vietnam, Malaysia, and Thailand benefited from government subsidies that dumped low-cost panels into the U.S. market, undercutting domestic producers and harming the American solar manufacturing industry.
Cheap solar panels from Cambodia could face tariffs as high as 3,521%, mainly due to non-cooperation by solar manufacturers targeted in the U.S. investigation, which began under the Biden-Harris administration. ...
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11.03.25 - 12:54
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Silfab Solar Names Mike Boggs as Chief People Officer (Business Wire)
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FORT MILL, S.C.--(BUSINESS WIRE)--#HR--Silfab Solar, North America's leading PV module manufacturer, today announced the appointment of Mike Boggs as Chief People Officer based in Fort Mill, South Carolina. In this new role at Silfab Solar, Mike will be instrumental in readying Silfab's solar cell manufacturing facility scheduled for full operations in April 2025. In addition, Mike will spearhead all aspects of human resources, including driving talent development, implementation of HR strategies and operations, as well as employee health and safety across Silfab's expanding manufacturing facilities and corporate operations.
This strategic hire comes at a pivotal time for Silfab Solar, as the company embarks on a transformational year. Silfab is set to expand its leadership position in product and process by adding domestic solar cell production alongside its existing module manufacturing.
"Mike understands U.S. manufacturing and the important role people play in the success of domestic operations. Mik...
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06.02.25 - 08:03
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Solar A/S: No. 2 2025 Annual report 2024 (GlobeNewswire EN)
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In 2024, we reached a revenue of DKK 12.2bn and EBITDA of DKK 646m. EBITDA surpassed our guidance, whereas revenue came in below, caused by a slower than expected market recovery. At the Annual General Meeting, the Board of Directors will propose a dividend distribution of DKK 15.00 per share....
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18.12.24 - 08:22
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Orsted divests 50% stake in three US onshore projects for $572 mln (Reuters EN)
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UPDATE 1-Orsted divests 50% stake in three US onshore projects for $572 mln Adds details on wind projects from paragraph 2 COPENHAGEN, Dec 18 (Reuters) - Denmark's Orsted ORSTED.CO said on Wednesday it would divest a 50% equity stake in three U.S. onshore projects to Energy Capital Partners for $572 million. The farm-downs include two solar farms in Texas, knpwn as Mockingbird Solar and Sparta Solar, as well as Eleven Mile Solar Center, a battery storage project in Arizona, Orsted said in a stat...
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01.10.24 - 16:03
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LPL Solar Welcomes Lewis Newton to the Leadership Team (PR Newswire)
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Lewis joins LPL Solar as Vice President of Accounting FORT LAUDERDALE, Fla., Oct. 1, 2024 /PRNewswire/ -- LPL Solar LLC is pleased to announce the appointment of Lewis Newton to its Leadership Team. With extensive experience in construction financials, Lewis has ensured the accuracy of......
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11.09.24 - 15:09
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Gas, Coal Rule U.S. Grid Despite Transition Push (ZeroHedge)
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Gas, Coal Rule U.S. Grid Despite Transition Push
Authored by Irina Slav via oilprice.com,
Natural gas and coal remain the sources of over half of U.S. electricity generation despite a massive government-sponsored push to build out wind and solar as replacements for hydrocarbons.
These have indeed grown as a percentage of generation capacity and as a portion of output. And yet, coal and gas remain dominant, supplying 58% of the electricity generated in the U.S. over the first eight months of this year, according to data from LSEG.
This, Reuters' Gavin Maguire reported, is down from 60.4% during the first eight months of 2021, which might give transition advocates some hope a zero-carbon grid may be possible at some point in the distant future. However, in absolute terms, output from coal and gas-powered plants has gone up, Maguire noted, meaning they actually supplied more electricity to the grid than they did when they accounted for a bigger percentage of total output back in 2021.
The reason...
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