Focus on Business
US government will loan $1.45 billion to help a South Korean firm build a solar plant in Georgia
Qcells' Georgia plant will develop parts for solar power modules on US soil to take advantage of incentives including tax credits.
Rethinking ‘contracts for difference’ in renewable energy investments
How could contracts for difference be designed to boost renewable energy investment without creating an inefficient market?
Siemens profits soar on software demand, AI and energy transition
Boom in AI and upgraded power grids sees Siemens profits jump by 50% on last year.
China auto market hits milestone as EVs, hybrids make up half of July sales
Milestone for the Chinese car market as 50.7% of cars sold were electric or hybrids, although domestic sales have declined overall amid struggling...
Thailand approves incentives for auto parts joint ventures
Board of Investment to grant tax exemptions to Thai joint ventures in the automotive industry as part of government's investment in EVs.
MG Motor to build manufacturing plant, R&D center in Mexico
Chinese-owned car brand MG's Mexico facilities will provide 'market intelligence for Latin America', without mentioning any US plans.
China to issue 70 national standards for carbon and energy in 2024
New standards for carbon footprints, energy efficiency, carbon capture and more to be unveiled in China.
China’s drivers fret as robotaxis pick up pace — and passengers
Self-driving technology remains experimental but China has moved aggressively to green-light trials.
Marathon Oil misses profit estimates on weak natural gas prices
Marathon Oil missed Q2 profit estimates due to falling natural gas prices, with shares dropping 1.7% after the announcement.
