『U.S. Solar Setback and Cable Liability Ruling - Sep 8, 2025』のカバーアート

U.S. Solar Setback and Cable Liability Ruling - Sep 8, 2025

U.S. Solar Setback and Cable Liability Ruling - Sep 8, 2025

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 As of September 8, today’s news highlights setbacks for the U.S. solar industry and a key court ruling in a corporate liability dispute. The U.S. solar industry is at risk of installing 27% less capacity between 2026 and 2030 than before the passage of President Donald Trump's tax law that rolled back subsidies for such projects. The forecast by the Solar Energy Industries Association, the industry's top U.S. group, and energy research firm Wood Mackenzie, follows moves by Trump's administration to stymie development of clean energy industries that was the cornerstone of former President Joe Biden's climate change agenda. Meanwhile, a Nationwide Mutual Insurance unit won its bid to toss claims from General Cable Corp. over coverage for government investigations and civil suits against the cable maker over alleged foreign bribery and accounting violations. General Cable’s claim against Scottsdale Indemnity for anticipatory breach of contract isn’t yet ripe, and the statute of limitations bars its declaratory judgment claim, the US District Court for the District of Delaware ruled today. Turning to market updates, RWE has secured an investment of 3.2 billion euros from Apollo Global Management for upgrades to Germany's power grid. This joint venture is aimed at improving infrastructure in response to increased renewable energy capacity, reflecting a significant financial commitment to transitioning away from fossil fuels. On the international front, copper imports into China saw an 8% increase in August, driven by ramped-up shipments ahead of an impending export license expiration for a mine in Indonesia. This trend supports ongoing demand from Chinese smelters despite a drop in unwrought copper imports, which fell 11.5% from the previous month. In addition, the prices of copper on the London Metal Exchange saw slight support due to a weak dollar and expectations of stronger import demand in China, with market analysts remaining optimistic about import parity and import trends for September. Meanwhile, India has withdrawn grid access for nearly 17 GW of delayed clean energy projects to optimize resources for operational projects, a strategic move driven by rising power demand and the need to manage resources effectively amid ongoing infrastructure improvements. From a corporate perspective, Telefonica is exploring mergers and acquisitions to reshape the European telecom landscape, aiming to strengthen its market presence while adhering to investment-grade credit ratings amidst regulatory scrutiny. Lastly, Prime Minister François Bayrou said France's fiscal woes put its "very survival" at risk as he faced a defeat in a confidence vote on Monday that would tip the euro zone's second-biggest economy further into crisis.
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