Wednesday , 31 December 2025

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China ramps up solar panel exports

Bloomberg The world’s largest solar panel maker is selling a great deal more overseas to keep its domestic industry afloat. China’s exports in the third quarter soared 66 percent from a year ago after the government’s decision to cut support for the local solar power industry dented domestic demand. Shipments to Australia more than doubled and tripled to Mexico, making …

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N-power key to carbon cut goal, says Xcel CEO

Bloomberg Xcel Energy Inc Chief Executive Officer Ben Fowke said keeping nuclear power plants open is key for the utility to meet its goal to slash greenhouse gases. The company, which pledged to cut carbon dioxide emissions 80 percent by 2030 and 100 percent by 2050, operates two reactors in Minnesota that will become increasingly vital as wind and solar …

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Retailers try payment apps to sidestep $90bn in third-party swipe fees

Bloomberg Retailers have been trying for years to escape the clutches of the credit-card companies, which this year will levy more than $90 billion in swipe fees on an industry already struggling to navigate the shift online. Some believe the answer lies in payment apps. While shoppers have largely shunned mobile payments offered by third-party providers like Apple Inc., retailers …

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