Europe is looking catch up with the Asian Markets, with France and Germany saying on Thursday they would form an alliance to develop next-generation batteries in a bid to counteract Asia’s dominance. Global production of batteries for electric cars is concentrated in Asia, with Chinese, Japanese and South Korean firms dominating the sector and building […]
India Calls for Concerted Efforts to Ensure Energy Security in Asia
Dubai: India Wednesday called for concerted efforts across Asia to ensure energy security in the region for sustainable development and poverty eradication by pursuing non-polluting renewable sources such as solar power. Speaking at the 16th Ministerial Meeting of Asia Cooperation Dialogue (ACD) in Doha, Qatar, Minister of State for External Affairs V K Singh urged […]
SMA Solar posts profit rise on stronger demand in Europe, Asia
FRANKFURT, SMA Solar, Germany’s largest solar company, on Wednesday said first-quarter operating profit rose 72 percent, boosted by stronger demand for solar equipment in Europe and Asia. First-quarter earnings before interest and tax came in at 4.3 million euros ($5.10 million), up from the 2.5 million in the year-earlier period. ($1 = 0.8438 euros) (Reporting […]
