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China Three Gorges eyes EDP Brazil assets

Bloomberg China Three Gorges Corp. is weighing a deal to gain cont-rol of EDP-Energias de Portugal SA’s Brazilian business, people with knowledge of the matter said. State-owned Three Gorges is considering merging its own Brazilian assets with EDP’s operations in the South American country, which are run through publicly-traded EDP-Energias do Brasil SA, according to the people. Three Gorges may ...

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JinkoSolar sees more foreign sales amid slumping market in China

Bloomberg JinkoSolar Holding Co., the world’s biggest solar panel maker, sees China’s photovoltaic power additions slumping this year and a greater share of its revenue coming from overseas amid uncertainties over Beijing’s new policies. China may add 30 to 40 gigawatts of solar power in 2019, down from 44 gigawatts the previous year, Vice President Qian Jing said in an ...

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Phone carriers see $62b hit if Chinese banned from 5G

Bloomberg Excluding China’s Huawei Technologies Co and ZTE Corp from the next generation of mobile networks would lumber European phone companies with 55 billion euros ($62 billion) in extra costs, the wireless industry’s main lobby group said. A global ban advocated by US President Donald Trump would also delay the rollout of the high-speed 5G networks by at least 18 ...

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