Is China's Solar Industry Getting Desperate?

Modern Energy Roundup - December 13, 2012

Written by Brian Hicks
Posted December 13, 2012

Another Billion Dollars for Chinese Solar

Well it looks like the Chinese government is jumping in again to save its struggling solar industry. The Middle Kingdom's finance minister recently reported that China will raise its subsidies for its solar sector by $1.1 billion this year. As well, the nation will continue to integrate more solar domestically in an effort to work through excess inventory.

Nissan Ready to Ramp-Up Production of Electric Car

Nissan announced this week the launch of the United States' largest lithium-ion automotive battery plant in Smyrna, TN. The facility, which is making battery components for the ramp-up of production of the all-electric Nissan LEAF early next year, is one of three of its kind operated by a major automaker. Check out the video below. . .