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Top Solar Power World News

India Gains Edge as US Tariff Deal Lowers Rates Below China, Pakistan, Indonesia — REUTERS / Kevin Lamarque

Tariffs · India

India Gains Edge as US Tariff Deal Lowers Rates Below China, Pakistan, Indonesia

52% Right coverage: 25 sources

US President Donald Trump and Indian Prime Minister Narendra Modi have agreed to a trade deal that significantly cuts US tariffs on Indian goods, a move aimed at easing longstanding trade tensions between the two largest democracies. Under the agreement, the levy that stood at 50 per cent has been reduced to 18 per cent, with Washington withdrawing the extra penalty previously linked to India’s purchase of Russian crude oil and leaving only the revised reciprocal tariff in place.See the Story

LG Energy Solution Signs Contract with Hanwha QCells to Supply 5GWh ESS Battery

LG Energy Solution Signs Contract with Hanwha QCells to Supply 5GWh ESS Battery

100% Center coverage: 1 sources

SEOUL, Feb 4 : South Korea's LG Energy Solution said on Wednesday it has signed a contract with Hanwha QCells USA to supply 5 gigawatt-hours energy storage system batteries between 2028 and 2030. The company said in a press release that the batteries will be lithium iron phosphate (LFP) cells made in its plan See the Story

Enphase Energy cuts about 6% of workforce

Artificial Intelligence · California

Enphase Energy cuts about 6% of workforce

Enphase Energy said it is cutting around 6% of its global workforce, affecting about 160 employees, as the company prepares for lower near-term demand following the expiration of the United States federal residential solar tax credit and moves to reduce costs through restructuring and automation.From pv magazine USA Enphase Energy announced it is reducing its global workforce by approximately 6%, impacting about 160 employees. “These decisions a…See the Story

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