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EstLink 2 -transformer station

PLS NOTE CAPTION CORRECTION - YEAR // (FILER) Fingrid's EstLink 2 transformer station in Anttila in Porvoo, Finland March 6, 2014. The transfomer station started to operate March 6 between Finland and Estonia. Electricity between Finland and Estonia through the Estlink 2 connection is currently halted. According to Finnish grid operator Fingrid the subsea transmission line experienced an outage on Christmas Day December 25, 2024 at 12:26pm. Fingrid revealed that the cause of the fault is under investigation. LEHTIKUVA / MARKKU ULANDER - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Markku Ulander/Lehtikuva/Kyodo News Images)

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EstLink 2 -transformer station

PLS NOTE CAPTION CORRECTION - YEAR // (FILER) Fingrid's EstLink 2 transformer station in Anttila in Porvoo, Finland March 6, 2014. The transfomer station started to operate March 6 between Finland and Estonia. Electricity between Finland and Estonia through the Estlink 2 connection is currently halted. According to Finnish grid operator Fingrid the subsea transmission line experienced an outage on Christmas Day December 25, 2024 at 12:26pm. Fingrid revealed that the cause of the fault is under investigation. LEHTIKUVA / MARKKU ULANDER - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Markku Ulander/Lehtikuva/Kyodo News Images)

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EstLink 2 -transformer station

PLS NOTE CAPTION CORRECTION - YEAR // (FILER) Fingrid's EstLink 2 transformer station in Anttila in Porvoo, Finland March 6, 2014. The transfomer station started to operate March 6 between Finland and Estonia. Electricity between Finland and Estonia through the Estlink 2 connection is currently halted. According to Finnish grid operator Fingrid the subsea transmission line experienced an outage on Christmas Day December 25, 2024 at 12:26pm. Fingrid revealed that the cause of the fault is under investigation. LEHTIKUVA / MARKKU ULANDER - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Markku Ulander/Lehtikuva/Kyodo News Images)

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EstLink 2 -transformer station

(FILER) Fingrid's EstLink 2 transformer station in Anttila in Porvoo, Finland March 6, 2024. The transfomer station started to operate March 6 between Finland and Estonia. Electricity between Finland and Estonia through the Estlink 2 connection is currently halted. According to Finnish grid operator Fingrid the subsea transmission line experienced an outage on Christmas Day at 12:26pm. Fingrid revealed that the cause of the fault is under investigation. LEHTIKUVA / MARKKU ULANDER - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Markku Ulander/Lehtikuva/Kyodo News Images)

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EstLink 2 -transformer station

(FILER) Fingrid's EstLink 2 transformer station in Anttila in Porvoo, Finland March 6, 2024. The transfomer station started to operate March 6 between Finland and Estonia. Electricity between Finland and Estonia through the Estlink 2 connection is currently halted. According to Finnish grid operator Fingrid the subsea transmission line experienced an outage on Christmas Day at 12:26pm. Fingrid revealed that the cause of the fault is under investigation. LEHTIKUVA / MARKKU ULANDER - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Markku Ulander/Lehtikuva/Kyodo News Images)

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EstLink 2 -transformer station

(FILER) Fingrid's EstLink 2 transformer station in Anttila in Porvoo, Finland March 6, 2024. The transfomer station started to operate March 6 between Finland and Estonia. Electricity between Finland and Estonia through the Estlink 2 connection is currently halted. According to Finnish grid operator Fingrid the subsea transmission line experienced an outage on Christmas Day at 12:26pm. Fingrid revealed that the cause of the fault is under investigation. LEHTIKUVA / MARKKU ULANDER - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Markku Ulander/Lehtikuva/Kyodo News Images)

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Israel Lays Siege To Jenin - West Bank

Palestinian Civil Defence firefighters douse the flames during a fire in a fruit market in the occupied West Bank city of Jenin amid ongoing Israeli raids on August 31, 2024. As the Israeli military operation in Jenin and its environs in the occupied West Bank enters its second week, the situation has only gotten bleaker for Palestinians in the area. The Jenin municipality said on Sunday that the Israeli army has bulldozed 70 percent of the city’s streets and water has been cut off from 80 percent of homes. Additionally, 20 kilometres of water and sewage networks, communication and electricity cables have been demolished. Out of the 33 Palestinians who have been killed since Israeli forces launched their largest invasion of the West Bank since the Second Intifada, 19 were in Jenin, the Palestinian health ministry says. Photo by Wahaj Bani Moufleh/Middle East Images/ABACAPRESS.COM

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Israel Lays Siege To Jenin - West Bank

Palestinian Civil Defence firefighters douse the flames during a fire in a fruit market in the occupied West Bank city of Jenin amid ongoing Israeli raids on August 31, 2024. As the Israeli military operation in Jenin and its environs in the occupied West Bank enters its second week, the situation has only gotten bleaker for Palestinians in the area. The Jenin municipality said on Sunday that the Israeli army has bulldozed 70 percent of the city’s streets and water has been cut off from 80 percent of homes. Additionally, 20 kilometres of water and sewage networks, communication and electricity cables have been demolished. Out of the 33 Palestinians who have been killed since Israeli forces launched their largest invasion of the West Bank since the Second Intifada, 19 were in Jenin, the Palestinian health ministry says. Photo by Wahaj Bani Moufleh/Middle East Images/ABACAPRESS.COM

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Israel Lays Siege To Jenin - West Bank

Palestinian Civil Defence firefighters douse the flames during a fire in a fruit market in the occupied West Bank city of Jenin amid ongoing Israeli raids on August 31, 2024. As the Israeli military operation in Jenin and its environs in the occupied West Bank enters its second week, the situation has only gotten bleaker for Palestinians in the area. The Jenin municipality said on Sunday that the Israeli army has bulldozed 70 percent of the city’s streets and water has been cut off from 80 percent of homes. Additionally, 20 kilometres of water and sewage networks, communication and electricity cables have been demolished. Out of the 33 Palestinians who have been killed since Israeli forces launched their largest invasion of the West Bank since the Second Intifada, 19 were in Jenin, the Palestinian health ministry says. Photo by Wahaj Bani Moufleh/Middle East Images/ABACAPRESS.COM

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Israel Lays Siege To Jenin - West Bank

Palestinian Civil Defence firefighter holds a firehose after extinguishing the flames that burnt parts of a fruit market in the occupied West Bank city of Jenin amid ongoing Israeli raids on August 31, 2024. As the Israeli military operation in Jenin and its environs in the occupied West Bank enters its second week, the situation has only gotten bleaker for Palestinians in the area. The Jenin municipality said on Sunday that the Israeli army has bulldozed 70 percent of the city’s streets and water has been cut off from 80 percent of homes. Additionally, 20 kilometres of water and sewage networks, communication and electricity cables have been demolished. Out of the 33 Palestinians who have been killed since Israeli forces launched their largest invasion of the West Bank since the Second Intifada, 19 were in Jenin, the Palestinian health ministry says. Photo by Wahaj Bani Moufleh/Middle East Images/ABACAPRESS.COM

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Israel Lays Siege To Jenin - West Bank

Fire is set in a fruit market in the occupied West Bank city of Jenin amid ongoing Israeli raids on August 31, 2024. Palestinian Civil Defence firefighters try to put out the flames. As the Israeli military operation in Jenin and its environs in the occupied West Bank enters its second week, the situation has only gotten bleaker for Palestinians in the area. The Jenin municipality said on Sunday that the Israeli army has bulldozed 70 percent of the city’s streets and water has been cut off from 80 percent of homes. Additionally, 20 kilometres of water and sewage networks, communication and electricity cables have been demolished. Out of the 33 Palestinians who have been killed since Israeli forces launched their largest invasion of the West Bank since the Second Intifada, 19 were in Jenin, the Palestinian health ministry says. Photo by Wahaj Bani Moufleh/Middle East Images/ABACAPRESS.COM

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Israel Lays Siege To Jenin - West Bank

Palestinian man stands next to the fire as Civil Defence firefighters douse the flames during a fire in a fruit market in the occupied West Bank city of Jenin amid ongoing Israeli raids on August 31, 2024. As the Israeli military operation in Jenin and its environs in the occupied West Bank enters its second week, the situation has only gotten bleaker for Palestinians in the area. The Jenin municipality said on Sunday that the Israeli army has bulldozed 70 percent of the city’s streets and water has been cut off from 80 percent of homes. Additionally, 20 kilometres of water and sewage networks, communication and electricity cables have been demolished. Out of the 33 Palestinians who have been killed since Israeli forces launched their largest invasion of the West Bank since the Second Intifada, 19 were in Jenin, the Palestinian health ministry says. Photo by Wahaj Bani Moufleh/Middle East Images/ABACAPRESS.COM

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Israel Lays Siege To Jenin - West Bank

Palestinian man stands next to the fire as Civil Defence firefighters douse the flames during a fire in a fruit market in the occupied West Bank city of Jenin amid ongoing Israeli raids on August 31, 2024. As the Israeli military operation in Jenin and its environs in the occupied West Bank enters its second week, the situation has only gotten bleaker for Palestinians in the area. The Jenin municipality said on Sunday that the Israeli army has bulldozed 70 percent of the city’s streets and water has been cut off from 80 percent of homes. Additionally, 20 kilometres of water and sewage networks, communication and electricity cables have been demolished. Out of the 33 Palestinians who have been killed since Israeli forces launched their largest invasion of the West Bank since the Second Intifada, 19 were in Jenin, the Palestinian health ministry says. Photo by Wahaj Bani Moufleh/Middle East Images/ABACAPRESS.COM

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Israel Lays Siege To Jenin - West Bank

Palestinian man stands next to the fire as Civil Defence firefighters douse the flames during a fire in a fruit market in the occupied West Bank city of Jenin amid ongoing Israeli raids on August 31, 2024. As the Israeli military operation in Jenin and its environs in the occupied West Bank enters its second week, the situation has only gotten bleaker for Palestinians in the area. The Jenin municipality said on Sunday that the Israeli army has bulldozed 70 percent of the city’s streets and water has been cut off from 80 percent of homes. Additionally, 20 kilometres of water and sewage networks, communication and electricity cables have been demolished. Out of the 33 Palestinians who have been killed since Israeli forces launched their largest invasion of the West Bank since the Second Intifada, 19 were in Jenin, the Palestinian health ministry says. Photo by Wahaj Bani Moufleh/Middle East Images/ABACAPRESS.COM

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Chinese solar energy solutions gain popularity in Lebanon

STORY: Chinese solar energy solutions gain popularity in Lebanon SHOOTING TIME: May 16, 2024 DATELINE: May 18, 2024 LENGTH: 00:03:04 LOCATION: Beirut CATEGORY: ECONOMY SHOTLIST: 1. various of the Lebanon International Solar Week 2024 and Chinese companies' representatives STORYLINE: More than 15 Chinese companies showcased their solar technology at the Lebanon International Solar Week 2024, highlighting China's growing interest in Lebanon's burgeoning solar market. Companies displayed everything from solar panels to batteries and inverters, eager to establish connections with potential clients. Belinda Huang from Atess Power Technology cited Lebanon's electricity shortages and high power demand as reasons for the market's appeal. "The economic crisis and foreign currency shortage force Lebanese factories to turn to local production, causing a rise in demand for our power solutions," said Huang, adding that her company's revenues from businesses in Lebanon amounted to 150 million U.S. dollars last y

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India's wholesale inflation rises to 1.26 pct in April

STORY: India's wholesale inflation rises to 1.26 pct in April SHOOTING TIME: Recent footage DATELINE: May 16, 2024 LENGTH: 0:01:11 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of the wholesale market 3. various of fuel station STORYLINE: India's wholesale price index (WPI) rose 1.26 percent in April, according to data released Tuesday by the Federal Ministry of Commerce and Industry. "The annual rate of inflation based on all India WPI number is 1.26 percent (provisional) for the month of April 2024 (over April 2023)," read a statement issued by the ministry. "Positive rate of inflation in April 2024 is primarily due to increase in prices of food articles, electricity, crude petroleum and natural gas, manufacture of food products, other manufacturing etc." WPI for the month of March was recorded as 0.53 percent. WPI inflation, an indicator of prices in the wholesale market, rises or falls mainly due to steep increase or decrease in commodity prices globall

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Southern Australia facing gas shortages from 2025: report

STORY: Southern Australia facing gas shortages from 2025: report SHOOTING TIME: March 21, 2024 DATELINE: March 22, 2024 LENGTH: 00:00:51 LOCATION: Canberra CATEGORY: ECONOMY SHOTLIST: 1. various of using gas 2. various of a gas meter 3. various of a gas bottle for sale 4. various of a liquid fuel station STORYLINE: Urgent investment is needed to prevent Australia's southern states from facing major gas supply shortages from 2025, the market operator has warned. According to a report published by the Australian Energy Market Operator (AEMO) on Thursday, southern Australia is at risk of gas shortages during extreme winter conditions from 2025 as supply struggles to keep up with rising demand for gas-powered electricity generation. The report warned that without urgent investment in new sources of supply, small seasonal supply gaps may emerge from 2026, becoming annual shortages from 2028. It said that affected states would include Victoria and New South Wales -- home to over half the Australian

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New energy buses from China in regular operation in Arctic Circle

STORY: New energy buses from China in regular operation in Arctic Circle SHOOTING TIME: Jan. 26, 2024 DATELINE: Feb. 3, 2024 LENGTH: 00:00:53 LOCATION: ZHENGZHOU, China CATEGORY: ECONOMY SHOTLIST: 1. various of the scene of Yutong new energy buses running in Norway 2. SOUNDBITE 1 (English): Norwegian bus driver 3. SOUNDBITE 2 (English): WANG ZHENYU, Overseas account manager of Yutong Bus Co., Ltd. STORYLINE: China-made new energy buses are in regular operation in the Norwegian town of Kirkenes in the Arctic Circle. The buses are made by Yutong Bus Co., Ltd. SOUNDBITE 1 (English): Norwegian bus driver "It's nice to drive, I think, yes. It uses more electricity energy in cold weather, but now in this weather, it's no problem." SOUNDBITE 2 (English): WANG ZHENYU, Overseas account manager of Yutong Bus Co., Ltd. "In order to cope with the extremely cold environment in Norway, Yutong has done a lot of market research and conducted the test in our company's laboratory. Based on the operation big data, we have

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GERMANY-SCHLESWIG-HOLSTEIN-CHINA-SOLAR PRODUCTS

(231007) -- BEIJING, Oct. 7, 2023 (Xinhua) -- A staff member takes out a Chinese-made micro inverter from the batch packaging at the warehouse of Lauxx Energy in Ahrensburg, Germany, May 30, 2023. Dirk Heil, a resident living in the small town of Schwarzenbek in Schleswig-Holstein, Germany, has been using solar-powered equipment made by Chinese companies in recent months. Thanks to the Belt and Road Initiative, these high-quality and fair-priced products from China have entered German households by sea or by taking China-Europe freight trains. Hengdian Group DMEGC Magnetics Co., Ltd. and Beny New Energy Co., Ltd., two Chinese companies that produce solar-related equipment, have ramped up their production to meet the growing demands of domestic and international markets. Many of their products have entered the German market. As electricity price rises in Europe, using solar-powered equipment helps reduce the cost of electricity. Dirk said that the equipment is easy to install and can help him save electricity

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GERMANY-SCHLESWIG-HOLSTEIN-CHINA-SOLAR PRODUCTS

(231007) -- BEIJING, Oct. 7, 2023 (Xinhua) -- Dirk Heil checks the Chinese-made solar-powered equipment installed at his house in Schwarzenbek, Germany, May 30, 2023. Dirk Heil, a resident living in the small town of Schwarzenbek in Schleswig-Holstein, Germany, has been using solar-powered equipment made by Chinese companies in recent months. Thanks to the Belt and Road Initiative, these high-quality and fair-priced products from China have entered German households by sea or by taking China-Europe freight trains. Hengdian Group DMEGC Magnetics Co., Ltd. and Beny New Energy Co., Ltd., two Chinese companies that produce solar-related equipment, have ramped up their production to meet the growing demands of domestic and international markets. Many of their products have entered the German market. As electricity price rises in Europe, using solar-powered equipment helps reduce the cost of electricity. Dirk said that the equipment is easy to install and can help him save electricity bills. "This is the first time

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GERMANY-SCHLESWIG-HOLSTEIN-CHINA-SOLAR PRODUCTS

(231007) -- BEIJING, Oct. 7, 2023 (Xinhua) -- Staff members work at the workshop of Beny New Energy Co., Ltd. in Wenzhou, east China's Zhejiang Province, April 19, 2023. Dirk Heil, a resident living in the small town of Schwarzenbek in Schleswig-Holstein, Germany, has been using solar-powered equipment made by Chinese companies in recent months. Thanks to the Belt and Road Initiative, these high-quality and fair-priced products from China have entered German households by sea or by taking China-Europe freight trains. Hengdian Group DMEGC Magnetics Co., Ltd. and Beny New Energy Co., Ltd., two Chinese companies that produce solar-related equipment, have ramped up their production to meet the growing demands of domestic and international markets. Many of their products have entered the German market. As electricity price rises in Europe, using solar-powered equipment helps reduce the cost of electricity. Dirk said that the equipment is easy to install and can help him save electricity bills. "This is the first t

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GERMANY-SCHLESWIG-HOLSTEIN-CHINA-SOLAR PRODUCTS

(231007) -- BEIJING, Oct. 7, 2023 (Xinhua) -- Staff members assemble inverter accessories at the workshop of Beny New Energy Co., Ltd. in Wenzhou, east China's Zhejiang Province, April 19, 2023. Dirk Heil, a resident living in the small town of Schwarzenbek in Schleswig-Holstein, Germany, has been using solar-powered equipment made by Chinese companies in recent months. Thanks to the Belt and Road Initiative, these high-quality and fair-priced products from China have entered German households by sea or by taking China-Europe freight trains. Hengdian Group DMEGC Magnetics Co., Ltd. and Beny New Energy Co., Ltd., two Chinese companies that produce solar-related equipment, have ramped up their production to meet the growing demands of domestic and international markets. Many of their products have entered the German market. As electricity price rises in Europe, using solar-powered equipment helps reduce the cost of electricity. Dirk said that the equipment is easy to install and can help him save electricity bi

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GERMANY-SCHLESWIG-HOLSTEIN-CHINA-SOLAR PRODUCTS

(231007) -- BEIJING, Oct. 7, 2023 (Xinhua) -- A staff member unwraps the packaging of Chinese-made micro inverters at the warehouse of Lauxx Energy in Ahrensburg, Germany, May 30, 2023. Dirk Heil, a resident living in the small town of Schwarzenbek in Schleswig-Holstein, Germany, has been using solar-powered equipment made by Chinese companies in recent months. Thanks to the Belt and Road Initiative, these high-quality and fair-priced products from China have entered German households by sea or by taking China-Europe freight trains. Hengdian Group DMEGC Magnetics Co., Ltd. and Beny New Energy Co., Ltd., two Chinese companies that produce solar-related equipment, have ramped up their production to meet the growing demands of domestic and international markets. Many of their products have entered the German market. As electricity price rises in Europe, using solar-powered equipment helps reduce the cost of electricity. Dirk said that the equipment is easy to install and can help him save electricity bills. "Thi

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GERMANY-SCHLESWIG-HOLSTEIN-CHINA-SOLAR PRODUCTS

(231007) -- BEIJING, Oct. 7, 2023 (Xinhua) -- This photo taken on May 30, 2023 shows the Chinese-made solar-powered equipment installed at the house of Dirk Heil in Schwarzenbek, Germany. Dirk Heil, a resident living in the small town of Schwarzenbek in Schleswig-Holstein, Germany, has been using solar-powered equipment made by Chinese companies in recent months. Thanks to the Belt and Road Initiative, these high-quality and fair-priced products from China have entered German households by sea or by taking China-Europe freight trains. Hengdian Group DMEGC Magnetics Co., Ltd. and Beny New Energy Co., Ltd., two Chinese companies that produce solar-related equipment, have ramped up their production to meet the growing demands of domestic and international markets. Many of their products have entered the German market. As electricity price rises in Europe, using solar-powered equipment helps reduce the cost of electricity. Dirk said that the equipment is easy to install and can help him save electricity bills. "T

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GERMANY-SCHLESWIG-HOLSTEIN-CHINA-SOLAR PRODUCTS

(231007) -- BEIJING, Oct. 7, 2023 (Xinhua) -- Dirk Heil installs the Chinese-made solar-powered equipment at his house in Schwarzenbek, Germany, May 30, 2023. Dirk Heil, a resident living in the small town of Schwarzenbek in Schleswig-Holstein, Germany, has been using solar-powered equipment made by Chinese companies in recent months. Thanks to the Belt and Road Initiative, these high-quality and fair-priced products from China have entered German households by sea or by taking China-Europe freight trains. Hengdian Group DMEGC Magnetics Co., Ltd. and Beny New Energy Co., Ltd., two Chinese companies that produce solar-related equipment, have ramped up their production to meet the growing demands of domestic and international markets. Many of their products have entered the German market. As electricity price rises in Europe, using solar-powered equipment helps reduce the cost of electricity. Dirk said that the equipment is easy to install and can help him save electricity bills. "This is the first time I have

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GERMANY-SCHLESWIG-HOLSTEIN-CHINA-SOLAR PRODUCTS

(231007) -- BEIJING, Oct. 7, 2023 (Xinhua) -- A staff member checks the operation of the equipment at the workshop of Hengdian Group DMEGC Magnetics Co., Ltd. in Dongyang City, east China's Zhejiang Province, April 18, 2023. Dirk Heil, a resident living in the small town of Schwarzenbek in Schleswig-Holstein, Germany, has been using solar-powered equipment made by Chinese companies in recent months. Thanks to the Belt and Road Initiative, these high-quality and fair-priced products from China have entered German households by sea or by taking China-Europe freight trains. Hengdian Group DMEGC Magnetics Co., Ltd. and Beny New Energy Co., Ltd., two Chinese companies that produce solar-related equipment, have ramped up their production to meet the growing demands of domestic and international markets. Many of their products have entered the German market. As electricity price rises in Europe, using solar-powered equipment helps reduce the cost of electricity. Dirk said that the equipment is easy to install and ca

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GERMANY-SCHLESWIG-HOLSTEIN-CHINA-SOLAR PRODUCTS

(231007) -- BEIJING, Oct. 7, 2023 (Xinhua) -- This aerial photo taken on April 18, 2023 shows the exterior view of the workshop of Hengdian Group DMEGC Magnetics Co., Ltd. in Dongyang City, east China's Zhejiang Province. Dirk Heil, a resident living in the small town of Schwarzenbek in Schleswig-Holstein, Germany, has been using solar-powered equipment made by Chinese companies in recent months. Thanks to the Belt and Road Initiative, these high-quality and fair-priced products from China have entered German households by sea or by taking China-Europe freight trains. Hengdian Group DMEGC Magnetics Co., Ltd. and Beny New Energy Co., Ltd., two Chinese companies that produce solar-related equipment, have ramped up their production to meet the growing demands of domestic and international markets. Many of their products have entered the German market. As electricity price rises in Europe, using solar-powered equipment helps reduce the cost of electricity. Dirk said that the equipment is easy to install and can h

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GERMANY-SCHLESWIG-HOLSTEIN-CHINA-SOLAR PRODUCTS

(231007) -- BEIJING, Oct. 7, 2023 (Xinhua) -- A container ship of China's COSCO Shipping docks at the Port of Rotterdam, the Netherlands, May 1, 2023. The Chinese-made solar-powered equipment installed in Dirk's house arrived by sea at the Port of Rotterdam before being transferred to Germany. Dirk Heil, a resident living in the small town of Schwarzenbek in Schleswig-Holstein, Germany, has been using solar-powered equipment made by Chinese companies in recent months. Thanks to the Belt and Road Initiative, these high-quality and fair-priced products from China have entered German households by sea or by taking China-Europe freight trains. Hengdian Group DMEGC Magnetics Co., Ltd. and Beny New Energy Co., Ltd., two Chinese companies that produce solar-related equipment, have ramped up their production to meet the growing demands of domestic and international markets. Many of their products have entered the German market. As electricity price rises in Europe, using solar-powered equipment helps reduce the cost

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GERMANY-SCHLESWIG-HOLSTEIN-CHINA-SOLAR PRODUCTS

(231007) -- BEIJING, Oct. 7, 2023 (Xinhua) -- This photo taken on April 18, 2023 shows the interior view of the workshop of Hengdian Group DMEGC Magnetics Co., Ltd. in Dongyang City, east China's Zhejiang Province. Dirk Heil, a resident living in the small town of Schwarzenbek in Schleswig-Holstein, Germany, has been using solar-powered equipment made by Chinese companies in recent months. Thanks to the Belt and Road Initiative, these high-quality and fair-priced products from China have entered German households by sea or by taking China-Europe freight trains. Hengdian Group DMEGC Magnetics Co., Ltd. and Beny New Energy Co., Ltd., two Chinese companies that produce solar-related equipment, have ramped up their production to meet the growing demands of domestic and international markets. Many of their products have entered the German market. As electricity price rises in Europe, using solar-powered equipment helps reduce the cost of electricity. Dirk said that the equipment is easy to install and can help him

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GERMANY-SCHLESWIG-HOLSTEIN-CHINA-SOLAR PRODUCTS

(231007) -- BEIJING, Oct. 7, 2023 (Xinhua) -- A staff member checks photovoltaic modules at the workshop of Hengdian Group DMEGC Magnetics Co., Ltd. in Dongyang City, east China's Zhejiang Province, April 18, 2023. Dirk Heil, a resident living in the small town of Schwarzenbek in Schleswig-Holstein, Germany, has been using solar-powered equipment made by Chinese companies in recent months. Thanks to the Belt and Road Initiative, these high-quality and fair-priced products from China have entered German households by sea or by taking China-Europe freight trains. Hengdian Group DMEGC Magnetics Co., Ltd. and Beny New Energy Co., Ltd., two Chinese companies that produce solar-related equipment, have ramped up their production to meet the growing demands of domestic and international markets. Many of their products have entered the German market. As electricity price rises in Europe, using solar-powered equipment helps reduce the cost of electricity. Dirk said that the equipment is easy to install and can help him

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Consequences of Russian missile strike in Cherkasy

CHERKASY, UKRAINE - SEPTEMBER 21, 2023 - Electricians replace the wires cut during the recent Russian missile attack, Cherkasy, central Ukraine. As reported, on Thursday morning, September 21, the fragments of the Russian missile crashed into a hotel in the city of Cherkasy. The hotel premises and trading pavilions in the market caught fire. Eleven people were reported injured with six of them were taken to hospital, including two in critical condition.

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Consequences of Russian missile strike in Cherkasy

CHERKASY, UKRAINE - SEPTEMBER 21, 2023 - Electricians replace the wires cut during the recent Russian missile attack as police officers stand by, Cherkasy, central Ukraine. As reported, on Thursday morning, September 21, the fragments of the Russian missile crashed into a hotel in the city of Cherkasy. The hotel premises and trading pavilions in the market caught fire. Eleven people were reported injured with six of them were taken to hospital, including two in critical condition.

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Consequences of Russian missile strike in Cherkasy

CHERKASY, UKRAINE - SEPTEMBER 21, 2023 - Electricians replace the wires cut during the recent Russian missile attack, Cherkasy, central Ukraine. As reported, on Thursday morning, September 21, the fragments of the Russian missile crashed into a hotel in the city of Cherkasy. The hotel premises and trading pavilions in the market caught fire. Eleven people were reported injured with six of them were taken to hospital, including two in critical condition.

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PHILIPPINES-POWER RATE HIKE-LIVELIHOOD INFLATION

(230913) -- QUEZON CITY, Sept. 13, 2023 (Xinhua) -- Vendors are seen at a market in Quezon City, the Philippines, on Sept. 13, 2023. The Manila Electric Company (Meralco), the largest private-sector electric distribution utility in the Philippines serving 7.7 million customers, announced last week an increase of around 0.5 pesos (0.008 U.S. dollars) per kWh in electricity rates since September. The power rate hike could further contribute to the rising inflation that rose to 5.3 percent year-on-year in August from 4.7 percent in July. (Xinhua/Rouelle Umali)

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PHILIPPINES-POWER RATE HIKE-LIVELIHOOD INFLATION

(230913) -- QUEZON CITY, Sept. 13, 2023 (Xinhua) -- A vendor is seen at a market in Quezon City, the Philippines, on Sept. 13, 2023. The Manila Electric Company (Meralco), the largest private-sector electric distribution utility in the Philippines serving 7.7 million customers, announced last week an increase of around 0.5 pesos (0.008 U.S. dollars) per kWh in electricity rates since September. The power rate hike could further contribute to the rising inflation that rose to 5.3 percent year-on-year in August from 4.7 percent in July. (Xinhua/Rouelle Umali)

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Electricity trading mirrors China's commitment to green shift

STORY: Electricity trading mirrors China's commitment to green shift DATELINE: July 18, 2023 LENGTH: 00:01:44 LOCATION: TAIYUAN, China CATEGORY: ECONOMY SHOTLIST: 1. various of Zhang Shuai working at his office 2. SOUNDBITE 1 (Chinese): ZHANG SHUAI, Electricity trader in Shanxi 3. SOUNDBITE 2 (Chinese): ZHANG SHUAI, Electricity trader in Shanxi STORYLINE: 34-year-old Zhang Shuai is an electricity trader in China's Shanxi Province. His main role is to work out the best scheme for buying and selling electricity in the energy market, to facilitate the efficient distribution of electricity from power producers to consumers. SOUNDBITE 1 (Chinese): ZHANG SHUAI, Electricity trader in Shanxi "Electricity traders should try their best to buy the cheapest electricity in the market, to minimize their wholesale cost. The traders also need to choose a proper market to sell the electricity, so that they could maximize the economic returns." In 2015, China issued a regulation on deepening the reform of the electri

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13th Erbil Build Expo draws over 210 companies

STORY: 13th Erbil Build Expo draws over 210 companies DATELINE: May 25, 2023 LENGTH: 00:02:29 LOCATION: ERBIL, Iraq CATEGORY: ECONOMY SHOTLIST: 1. various of the 13th Erbil International Building, Construction and Machinery Exhibition 2. SOUNDBITE (English): XIAN WANG, Representative of Zhanjiang CNE Electricity Corporation, China 3. various of the 13th Erbil International Building, Construction and Machinery Exhibition STORYLINE: The 13th Erbil International Building, Construction and Machinery Exhibition kicked off Tuesday in the city of Erbil in Iraq's Kurdistan region, attracting more than 210 companies from 15 countries and regions. The companies participating in the exhibition display more than 400 trademarks in various building and construction materials, energy, machinery and spare parts, in addition to decoration. Chinese companies with various specializations occupy a wide area of the exhibition, and the materials they offer are popular in the Iraqi market due to their durability and low cost.

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Chinese firms offer sustainable solutions in Lebanon amid electricity crisis

STORY: Chinese firms offer sustainable solutions in Lebanon amid electricity crisis DATELINE: May 7, 2023 LENGTH: 00:02:07 LOCATION: Beirut CATEGORY: TECHNOLOGY/SOCIETY SHOTLIST: 1. various of the event 2. various of Chinese exhibitors 3. SOUNDBITE 1 (Chinese): ELLA ZHU, Vice president and overseas manager of SOROTEC 4. SOUNDBITE 2 (Arabic): FADI HALLOUM, Local electrical engineer 5. various of attendees STORYLINE: At the just concluded Middle East Clean Energy 2023 held in Beirut, Lebanon, multiple Chinese companies brought their sustainable power-generating solutions. SOROTEC, a manufacturer in the UPS (uninterruptible power supply) field, was one of them. SOUNDBITE 1 (Chinese): ELLA ZHU, Vice president and overseas manager of SOROTEC "For the market of Lebanon, we are very confident because we will provide very good solutions here. As Lebanon is suffering from power shortage and other energy-related problems, we will provide a variety of products, covering low-end to mid-to-high-end segments, for diff

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Inflation in Laos jumps to 41.26 pct in February

STORY: Inflation in Laos jumps to 41.26 pct in February DATELINE: March 7, 2023 LENGTH: 00:01:55 LOCATION: Vientiane CATEGORY: ECONOMY SHOTLIST: 1. various of the Central Bank of Laos 2. various of the market STORYLINE: Inflation in Laos jumped to 41.26 percent year-on-year in February from 40.3 percent in January, according to the Lao Statistics Bureau. According to a report released on Monday on the bureau's website, the price of food and non-alcoholic beverages has surged by 49.33 percent. The price of communications and transport rose by 47.42 percent. The cost of medical care and medicine increased by 42.4 percent. Meanwhile, the cost of hotel and restaurant category surged by 36.23 percent. The cost of household utilities rose by 35.4 percent. The cost of housing, water, electricity and gas category surged by 28.26 percent. In addition, the cost in the alcohol and tobacco category rose 26.43 percent, and the cost of clothing and footwear category increased 25.28 percent. Inflation in Laos has in

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Egypt's annual inflation surges to 26.5 pct in Jan., highest in 5 years

STORY: Egypt's annual inflation surges to 26.5 pct in Jan., highest in 5 years DATELINE: Feb. 10, 2023 LENGTH: 00:01:39 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the Central Agency for Public Mobilization and Statistics (CAPMAS) 2. various of the Nile River (in Cairo) 3. various of a supermarket 4. various of a market selling vegetables 5. various of shops selling meat and poultry STORYLINE: Egypt's annual inflation continued its rise in January, hitting 26.5 percent, the highest since the end of 2017, the country's official statistic agency announced on Thursday. The annual inflation rate was eight percent in the same month in 2022, the Central Agency for Public Mobilization and Statistics (CAPMAS) said in a statement. Among the drivers behind the spike in the annual inflation, the prices of food and beverages increased by 48.1 percent, water, electricity, and fuel by 7.2 percent, furniture by 28.2 percent, health care service by 15.1 percent, transportation by 18.5 percent, entertai

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Energy issues top Spanish gov't 2023 agenda

STORY: Energy issues top Spanish gov't 2023 agenda DATELINE: Jan. 13, 2023 LENGTH: 00:01:35 LOCATION: BARCELONA, Spain CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. various of a press conference of the Council of Ministers in Madrid 2. various of a green hydrogen plant in central Spain 3. various of a gas plant and infrastructure in Barcelona 4. various of electrical and renewable energy infrastructure 5. SOUNDBITE 1 (Spanish): TERESA RIBERA, Spanish minister for ecological transition 6. various of gas infrastructure 7. SOUNDBITE 2 (Spanish): TERESA RIBERA, Spanish minister for ecological transition 8. various of a press conference of the Council of Ministers in Madrid 9. various of a green hydrogen plant in Spain STORYLINE: Spain has made energy issues a priority for 2023. On Tuesday, the Spanish government approved three energy-related measures in its first cabinet meeting this year. The Spanish government will also propose an electricity market reform to the European Union (EU) in March to combat price volat

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Diet OKs bills to free up Japan's retail electricity market

TOKYO, Japan - Japan's industry minister Toshimitsu Motegi bows in the upper house chamber in Tokyo on June 11, 2014, after parliament enacted legislation to liberalize the household electricity market, dominated by regional monopolies for the past 60 years.

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Sony to sell storage battery for offices, shops

TOKYO, Japan - Photo taken in Tokyo on Aug. 8, 2011, shows the ESSP-2000 lithium-ion storage battery that Sony Corp. will market in September 2011 for use mainly in company offices and retail stores, hoping to tap demand amid concern over electricity supply constraints following the March 11 earthquake and tsunami. The battery can be charged via six power outlets at night when power demand is low and use the stored electricity during the day or as a backup in the event of a blackout, the company said the same day.

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Toyota to sell lithium-ion battery-powered hybrid by 2010

DETROIT, United States - Toyota Motor Corp. President Katsuaki Watanabe announces at the North American International Auto Show in Detroit on Jan. 13 that the company is planning to market a lithium-ion battery-powered hybrid car that can be charged with electricity using a household outlet by 2010.

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Kyocera to enter luminescent display market

KYOTO, Japan - Kyocera Corp. President Yasuo Nishiguchi presents a flat-panel organic electroluminescent (EL) display in Kyoto Jan. 13. The ceramics maker said it will start commercial production of 2-8 inch displays in October 2005. EL displays consume less electricity and have greater resolution than liquid crystal displays.

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Small businesses in Spain struggling to survive amid financial woes

STORY: Small businesses in Spain struggling to survive amid financial woes DATELINE: Nov. 23, 2022 LENGTH: 00:01:54 LOCATION: BARCELONA, Spain CATEGORY: ECONOMY/SOCIETY SHOTLIST: 1. various of streets and shops 2. SOUNDBITE 1 (Catalan): ROBERT COT, Shop owner in Barcelona 3. various of customer shopping and talking 4. SOUNDBITE 2 (Catalan): ROBERT COT, Shop owner in Barcelona 5. various of products and customer shopping 6. SOUNDBITE 3 (Catalan): ROBERT COT, Shop owner in Barcelona STORYLINE: A complex of problems including inflation, energy crisis, and disrupted supply chains, has made it increasingly difficult for many small shops in Spain to survive. From January to October 2022, more than 16,000 small businesses were closed, says the Spanish Union of Professionals and Self-Employed Workers. Small businesses have lost almost 8 percent of the market share in the past two years. SOUNDBITE 1 (Catalan): ROBERT COT, Shop owner in Barcelona "Right now with the rise in the cost of electricity, social securit

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Energy crisis forces Hungary's largest hotel to close for winter

STORY: Energy crisis forces Hungary's largest hotel to close for winter DATELINE: Nov. 2, 2022 LENGTH: 00:01:02 LOCATION: Budapest CATEGORY: SOCIETY SHOTLIST: 1. various of the hotel exterior from the street STORYLINE: The European energy crisis is coming straight at Hungary's largest hotel. The 499-room Danubius Hotel Hungaria City Center will be closed for four months starting on Tuesday. According to a statement on its website, the hotel in the heart of Budapest will reopen on Feb. 28. The main reason behind the temporary closure is the difficulty in efficiently running such a big hotel in winter in an overall gloomy economic situation. The hotel has informed its guests of the closure and relocated its staff. The hotel has been struggling with high utility bills since Aug. 1 when the government released an amendment to the relevant legislation, asking businesses to pay market prices for gas and electricity. Although the Hungarian government has capped energy prices for households up to the "nation

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5th CIIE's first batch of exhibits arrive at national exhibition center in Shanghai

STORY: 5th CIIE's first batch of exhibits arrive at national exhibition center in Shanghai DATELINE: Oct. 25, 2022 LENGTH: 0:01:34 LOCATION: SHANGHAI, China CATEGORY: ECONOMY SHOTLIST: 1. various of CIIE's first batch exhibits arriving at the national exhibition center in Shanghai 2. SOUNDBITE 1 (Chinese): ZHONG LUYIN, Communications Manager, GE Healthcare China 3. SOUNDBITE 2 (English): LUCA BORSANO, IVECO Product Engineering Director 4. SOUNDBITE 3 (Chinese): NI YINBIN, Communications Manager, The Durant Guild STORYLINE: The fifth China International Import Expo (CIIE), set to be held 10 days from now, is in the final preparation stage with foreign companies expecting it to provide market opportunities. The first batch of exhibits have been transported to the National Exhibition and Convention Center in Shanghai. The exhibits include new generation PET/CT, chassis of recreational vehicles (RV) and Hummer vehicles fully powered by electricity. SOUNDBITE 1 (Chinese): ZHONG LUYIN, Communications Manager,

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EU ministers discuss joint gas purchases, electricity market reform

STORY: EU ministers discuss joint gas purchases, electricity market reform DATELINE: Oct. 13, 2022 LENGTH: 0:01:16 LOCATION: Prague CATEGORY: ECONOMY SHOTLIST: 1. various of Prague 2. various of energy 3. various of Jozef Sikela 4. various of energy STORYLINE: European Union (EU) energy ministers held an informal meeting in Prague on Wednesday to discuss solutions for high gas prices, preparing for the energy situation this winter, and a possible revision of the electricity market. According to a statement issued by the Czech Presidency of the EU after the meeting, discussions aimed to define the European Commission's legislative proposals on joint gas purchases and possible price capping. Czech Minister of Industry and Trade Jozef Sikela said that he hoped that the European Commission would take this discussion into account during the preparation of the legislative proposal on this issue. Sikela added that the legislative proposal should be published by the European Commission next week, and he believe

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CZECH REPUBLIC-PRAGUE-EU-ENERGY MINISTERS-MEETING

(221012) -- PRAGUE, Oct. 12, 2022 (Xinhua) -- Czech Minister of Industry and Trade Jozef Sikela speaks to journalists before an informal meeting of European Union (EU) energy ministers in Prague, the Czech Republic, on Oct. 12, 2022. European Union (EU) energy ministers held an informal meeting here on Wednesday to discuss solutions for high gas prices, preparing for the energy situation this winter, and a possible revision of the electricity market. (Photo by Dana Kesnerova/Xinhua)