Category: Highlights

Stagnant German growth in the second quarter has led analysts across the board to predict a recession as the outlook becomes clouded by the threat of a halt to Russian gas supplies. But it is not only growth that is sputtering at 0pc between April and June — Germany’s entire economic model is being called into question by experts. “The war in Ukraine puts an end to the German economic business model as we knew it — a model which was mainly based on cheap energy imports and industrial exports…

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In the 2022 Fortune China 500 list released on July 12, LONGi Green Energy Technology Co., Ltd. (LONGi) ranked 168th, up 42 places from the 2021 ranking. LONGi has been in the Fortune China 500 list for six consecutive years, rising significantly from 495th to 168th position since its first inclusion in 2017. The Fortune China 500 list takes into account the performance and achievements of the largest Chinese listed companies in the world over the past year. The authoritative list garners considerable domestic and international interest. LONGi has maintained stable operations and achieved significant global…

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LONGi’s Hi-MO 5 modules, based on 182mm cells, have now been delivered to clients in 94 countries, with total shipments exceeding 30GW and the company’s design philosophy validated by the product’s popularity with customers. Hi-MO 5 modules are not only ideal for utility-scale power plants, but are also widely applicable for the DG market. In depth analysis suggests that Hi-MO 5 is widely considered to represent the optimal product based on size, its compatibility with the industrial chain, its product value and life cycle reliability. From the very first Hi-MO…

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Crude oil prices rose today after the Energy Information Administration reported a crude oil inventory draw of 4.5 million barrels for the week to July 22. This compared with a modest inventory decline of 400,000 barrels for the previous week. It also compared with an estimated crude oil inventory draw of 4 million barrels for last week, as reported by the American Petroleum Institute. At 422.1 million barrels, U.S. crude oil inventories are about 6 percent below the average for this time of the year. In gasoline, the authority estimated…

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Saudi Arabia and Greece have agreed to form a technical team to carry out studies about the prospect of Saudi Arabia exporting electricity and hydrogen to Europe via Greece. This proposal was contained in the joint statement issued by the two countries at the end of the two-day official visit of Crown Prince Mohammed Bin Salman to Greece. The statement affirmed the distinguished and strong relations between the two countries and their common desire to upgrade them to a strategic level. The Crown Prince and Prime Minister Kyriakos Mitsotakis of Greece praised…

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