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Hong Kong Airlines sees full capacity by mid-2024

  Bloomberg Hong Kong Airlines Ltd said it expects to return to 75% of pre-pandemic capacity by the end of this year and 100% by mid-2024, after increasing operations to 30% this month. The carrier, which had a $6.3 billion debt restructuring plan approved by courts in December, is also raising basic pay by 8% and lifting flying hourly rates ...

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China solar firm plans US plant in win for Biden energy push

  Bloomberg A leading Chinese solar panel maker has leased space for its first US factory in another win for the Biden administration’s efforts to build up the nation’s clean energy manufacturing base. JA Solar Technology Co. will build a $60 million panel plant in Phoenix with plans to be operational by the fourth quarter of this year, the company ...

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Energy crunch turns Sweden into Europe’s biggest power exporter

Bloomberg Europe’s energy crisis upended power trading last year, driving Sweden to become the region’s top exporter after extensive outages in France’s nuclear reactor fleet. Sweden sent 33 terawatt-hours to other nations in 2022, making it the No. 1 exporter for the first time, according to Entso-E data analyzed by Rystad Energy AS. The UK flipped to being a net ...

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