Chinese solar-equipment maker Liancheng CNC has sued rival Jingsheng Mechanical & Electrical in the United States over patented technology, reportedly tied to a roughly 3-billion-yuan order from Tesla. The case marks a rare direct legal clash between two Chinese suppliers on American soil.
Chinese solar-wafer maker TCL Zhonghuan will spend up to 500 million yuan buying back its own Shenzhen-listed shares for an employee ownership plan. The move follows a wave of similar buybacks as Chinese listed firms try to steady sentiment.
As China's solar capacity overtakes coal for the first time, scientists remind us that over 90 percent of trapped heat ends up in the ocean, not the air. The uneven warming explains why some regions feel the heat far more than others.
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