Latest: Energy News

The solar sector lost $60 billion last year with over 40 solar firms delisted, acquired or now bankrupt; and another third of production lines are earmarked for downsizing

Sales of China-made Model 3 and Model Y vehicles, including exports to Europe and other markets, were down 5.2% from June, China's car association said on Monday

Polysilicon companies are in talks about buying up and shutting down a third of China's solar panelmakers, but they need $7 billion

After announcing a 25% tariff on Indian imports, Trump posted stinging remarks on social media about its high tariffs and slandering its "dead economy". Other countries in the Asia-Pacific fared much better.

South Korea agreed to invest $350 billion in the United States in projects selected by Trump and to purchase energy products worth $100 billion under their trade framework deal

Tesla has signed multi-billion-dollar battery and chip deals with South Korea's LG Energy Solutions and Samsung, to cut reliance on China because of Trump tariffs

Politburo vows to manage the country's overcapacity crisis that have plagued key sectors – such as EVs, solar and more – by boosting capacity cuts in the second half of this year