China’s Shanxi Coal plans big investment in solar cell manufacturing sector

China’s Shanxi Coal plans big investment in solar cell manufacturing sector

first_imgChina’s Shanxi Coal plans big investment in solar cell manufacturing sector FacebookTwitterLinkedInEmailPrint分享Bloomberg:Mid-tier Chinese coal miner Shanxi Coal International Energy Group is planning a significant investment in the competing business of making high-tech solar power cells.The state-owned firm will lead a joint venture to build a 3-gigawatt solar manufacturing plant for 3.19 billion yuan ($461 million), according to a statement on Friday. It’s the first phase of a project that will grow to 10 gigawatts — the equivalent of the generating power of 10 nuclear power plants — producing high-efficiency cells through so-called heterojunction technology.While unusual, Shanxi Coal’s foray into rival territory isn’t a first. Jinneng Group, a provincial coal peer, also has a solar cell and panel manufacturing business. Shaanxi Coal Industry Co., meanwhile, holds a 3.88% stake in the world’s biggest solar wafer-maker LONGi Green Energy Technology Co.China is both the world’s biggest coal and solar producer. Despite its dirty credentials and role in global warming, such is coal’s importance to cheap power and employment in the nation it won’t be fading away anytime soon, even as renewable energy takes bites out of its dominant share of the power generation pie.According to Shanxi Coal, the rationale for its investment is to help with the province’s energy transition and meet the need for state firms to get behind strategic emerging industries.The company will own an 88.5% stake in the venture, Shanxi Coal International Photovoltaic Power Technology Co. The rest will be held by Huzhou Junhua Siyue Equity Investment Partnership and Ningbo Qixian Enterprise Management Consulting Co.More: A Chinese coal miner is getting into solar productionlast_img read more

Continue Reading

In Practice

first_img Be careful using form real estate contracts James W. Martin Florida lawyers frequently use the real estate sales contract forms sold by The Florida Bar and the Florida Association of Realtors, commonly known as the FAR/Bar and FAR contract forms. Both contract forms include a default clause that allows a nonbreaching seller a choice of remedies: retain the buyer’s deposit or pursue other remedies.An April 2004 First District Court of Appeal opinion found such a clause to be invalid and required the seller to return the deposit based on a 1991 Florida Supreme Court opinion holding the essentially identical clause to impose an unlawful penalty rather than liquidated damages because the seller cannot have the right to choose between liquidated damages and suing for damages.Some of the same wording appears in the current FAR/Bar and FAR contract forms, although the language is a bit varied. Whether a court will hold the specific default clause in those contract forms to be invalid remains to be seen, but the cautious practitioner will consider revising the default clause to delete the seller’s choice and instead provide either the remedy of retaining the deposit or the remedy of suing for damages or specific performance under the contract.The recent First District case is Cloud v. Schenck, 2004 Fla. App. Lexis 4550, Case No. 1D03-2023 (Fla. 1st DCA, April 6, 2004), and its default clause reads as follows: “If BUYER fails to perform this contract within the time specified, the deposit paid by BUYER may be retained by or for the account of SELLER as agreed upon liquidated damages, consideration for the execution of this contract and in full settlement of any claims; whereupon BUYER and SELLER shall be relieved of all obligations under contract; OR SELLER at SELLER’s option, may proceed to enforce SELLER’s rights under this contract.”The 1991 Florida Supreme Court case is Lefemine v. Baron, 573 So. 2d 326 (Fla. 1991), and its default clause reads as follows: “If Buyer fails to perform the Contract within the time specified, the deposit(s) made or agreed to be made by Buyer may be retained or recovered by or for the account of Seller as liquidated damages, consideration for the execution of the Contract and in full settlement of any claims; whereupon all parties shall be relieved of all obligations under the Contract; or Seller, at his option, may proceed at law or in equity to enforce his rights under the Contract.”The current FAR/Bar contract default clause reads as follows: “If Buyer fails to perform this Contract within the time specified, including payment of all deposits, the deposit(s) paid by Buyer and deposit(s) agreed to be paid, may be recovered and retained by and for the account of Seller as agreed upon liquidated damages, consideration for the execution of this Contract and in full settlement of any claims; whereupon, Buyer and Seller shall be relieved of all obligations under this Contract; or Seller, at Seller’s option, may proceed in equity to enforce Seller’s rights under this Contract.”As one can see, the 1991 contract form allowed the seller the option of keeping the deposit or suing “at law or in equity,” which meant the seller had a choice of keeping the deposit or suing for damages. The current FAR/Bar form omits the remedy of suing “at law” and leaves only the remedy of suing in equity (specific performance, rather than damages). Thus, the current FAR/Bar contract form seems to pass muster with the test in Lefemine and, therefore, the test in Cloud. Unfortunately for the seller in the recent Cloud case, the clause in that case does not limit the seller to its rights in equity.The Cloud case is a friendly reminder for Florida lawyers that forms are just the starting point; the lawyer must exercise independent professional judgment when using them. James W. Martin is a corporate, real estate, and probate lawyer in St. Petersburg, who has written for Florida Bar Journal and News , ALI-ABA Practical Lawyer, and West Publishing, and has more information on his Web site, www.jamesmartinpa.com. May 1, 2004 Regular News In Practicelast_img read more

Continue Reading

Freeport Man Charged With Attempted Murder of Girlfriend

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A man has been accused of nearly stabbing his 34-year-old girlfriend to death in his Freeport home over the weekend.Nassau County police arrested Rolando Dubon, 31, and charged him with second-degree attempted murder.First Squad detectives alleged Dubon got into an argument with his girlfriend when the fight escalated and he stabbed her in the chest with a steak knife at noon on Friday.The victim took a cab to her mother’s house in Roosevelt, where she realized she had been stabbed. She was taken to a local hospital for treatment of her wounds.Dubon was apprehended in Brentwood on Sunday. His bail was set at $250,000 cash or $500,000 bond.last_img read more

Continue Reading

Tech Time: Artificial intelligence awaits

first_img continue reading » In the last two years, most technology companies have started using the terms machine learning and artificial intelligence. In fact, there has been a 1,400 percent increase in the mention of these two terms during earnings calls of public companies during the same period.Artificial intelligence in its essence is analogous to an army of statisticians building predictive models or algorithms in order to make decisions or recommendations. Machine learning techniques could in theory create this artificial intelligence without human intervention or, more realistically, with fewer humans. In this discussion, we are going refer to machine learning-powered artificial intelligence as intelligent algorithms.Financial institutions can already leverage the power of intelligent algorithms. There is no need to wait for some magical and massive scientific breakthrough. Success in this pursuit is directly correlated to hypothesis-driven methodology and use cases. As boring as “hypothesis” and “use cases” may sound, they drive success at the firms that have successfully implemented such algorithms. 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Continue Reading

For the first time in history, more than 3 billion was collected from tolls

first_imgAlthough the motorway network in Croatia is mostly built, HAC’s activities are focused on continuing the construction of Corridor 5C and new sections such as the Novi Vinodolski bypass and investing in enhanced road infrastructure maintenance and safety standards, for which the company will invest more than HRK 600 million. Work continues on the project of a new toll collection system which will give Croatia a system based on a combination of two modern and proven technologies; billing via an upgraded version of the in-vehicle ENC device (DSRC) and the automatic license plate reading system (ALPR). This will significantly increase throughput and reduce harmful emissions caused by congestion, because while manual toll collection has a capacity of about 200 vehicles per hour, the new system allows the passage of up to 3000 vehicles. In financial terms, the most significant revenue in 2019 was generated on the A3 motorway, in the amount of almost HRK 992 billion, or HRK 475 million. Individually by months, the most important is August, when tolls were collected in the amount of HRK 2019 million. The share of non-cash payments in 60 (ENC and credit cards) is more than 2018 percent. Compared to XNUMX, we have an increase in traffic outside the main tourist season. photo: HAC / Source: Privredni.hrcenter_img According to the first provisional data for 2019, traffic on 61.565.203 vehicles and a total toll collection in the amount of HRK 3.004.779.793,60 was recorded on all motorways under the jurisdiction of Croatian Motorways and the Rijeka – Zagreb Motorway. This is the first time in history that the amount of tolls collected has exceeded 3 billion. Compared to 2018, the toll collected is higher by 4,3 percent, and the traffic by 5 percent, HAC reported, referring to temporary data, writes Privredni.hrlast_img read more

Continue Reading

US says two locally employed staff at foreign missions died of the coronavirus

first_imgTwo locally employed staff at US foreign missions, one in Indonesia and one in the Democratic Republic of Congo, have died of the coronavirus, the US State Department said on Tuesday, its first pandemic-related losses among staff.The employees were based in US embassies in Jakarta and Kinshasa, a representative for the State Department said.”We do not at this time have any reports of COVID-19-related deaths of American staff within the Department of State’s domestic and global workforce,” the representative added. The coronavirus outbreak has now killed more than 38,800 people across the world and infected nearly 800,000, according to a Reuters tally. It has upended normal life, closed schools, forced industries to a standstill and has already triggered layoffs worldwide.Last week, Congo’s president closed the country’s borders and imposed a state of emergency to contain the outbreak. Over 40 people have contracted the virus in Congo and three have died as of March 24.In Indonesia, the world’s fourth-most-populous country, known cases of the disease have gone from none in early March to 1,528, with 136 deaths.On Monday, William Walters, deputy chief medical officer for operations at the State Department’s Bureau of Medical Services told reporters in a briefing that the department had 75 cases overseas, and five locally employed staff hospitalized. Domestically, there were 30 cases across nine US cities.In the United States, the disease has killed more than 3,700 people and infected 184,000, up 21,000 from Monday. Topics :last_img read more

Continue Reading

Premier League Boxing Day fixtures announced for 2020-21 season

first_img Metro Sport ReporterThursday 20 Aug 2020 9:24 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link Advertisement Premier League Boxing Day fixtures announced for 2020-21 season Arsenal face Chelsea on Boxing Day (Picture: Chelsea FC via Getty Images)The fixtures for the 2020-21 Premier League season have been released and there is set to be a blockbuster London derby on Boxing Day.Arsenal host Chelsea on 26 December at the Emirates in a repeat of last season’s FA Cup final which the Gunners won at Wembley.Elsewhere there is a Yorkshire vs Lancashire clash for newly-promoted Leeds who take on Burnley at Elland Road, while Liverpool host another promoted side, West Brom.Manchester United face a tricky festive trip to Leicester City and Manchester City host Newcastle United the day after Christmas.ADVERTISEMENT2020 Boxing Day fixturesArsenal vs ChelseaAston Villa vs Crystal PalaceFulham vs SouthamptonLeeds United vs BurnleyLeicester City vs Manchester UnitedLiverpool vs West Bromwich AlbionManchester City vs Newcastle UnitedSheffield United vs EvertonWest Ham United vs Brighton & Hove AlbionWolverhampton Wanderers vs Tottenham HotspurAdvertisementAdvertisementMore: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityThere are no fixtures scheduled for New Year’s Eve or New Year’s Day this season, with a full set on Saturday 2 January when there is another huge clash for Chelsea as they host Manchester City.Defending champions Liverpool get their season underway with an Anfield clash against Leeds on 12 September followed by a trip to Chelsea and then hosting Arsenal in what should be a fascinating opening month for Jurgen Klopp’s side.The season comes to a conclusion on 23 May.MORE: Arsenal’s 2020/21 Premier League fixtures in fullMORE: Chelsea’s 2020/21 Premier League fixtures in fullFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page.center_img Comment Advertisementlast_img read more

Continue Reading

Aspas strikes late to blunt Barca’s title bid

first_imgRelatedPosts Vidal lands in Milan to complete move from Barca to Inter Barca president Bartomeu says he won’t go to war anymore with Messi Bale completes Tottenham return from Real Madrid Spain striker, Iago Aspas, dealt a fresh blow to Barcelona’s La Liga title hopes by striking a late free kick to snatch a 2-2 draw at home to the Catalans on Saturday.This is just as Quique Setien’s side twice threw away the lead in a thrilling match. The draw put Barca back on top of the table on 69 points after 32 games but Real Madrid, on 68, can go two points clear at the summit if they beat Espanyol away from home on Sunday.Luis Suarez headed Barca in front in the 20th minute, thanks to a piece of ingenuity from Lionel Messi, who looked certain to fire at goal from a free kick but instead lofted the ball towards his Uruguayan strike partner.Russia striker, Fedor Smolov, equalised for Celta early in the second half, knocking in a pass from Okay Yokuslu to complete a quick counterattack after Barca’s Ivan Rakitic had given the ball away.But Suarez restored Barca’s lead in the 67th minute after combining again with Messi, swivelling to fire into the bottom corner.The second goal looked to, have averted a second consecutive away draw for Barca after last week’s goalless stalemate at Sevilla but Aspas won a late free kick after falling over the outstretched legs of Gerard Pique. Celta’s talismanic striker made the late opportunity count by sending a low drive around the wall and into the near bottom corner, flummoxing Barca goalkeeper Marc-Andre Ter Stegen.Celta should have won the game in added time when Nolito arrived at the far post with the goal gaping, but instead of tapping into the net, his shot went straight at Ter Stegen.Celta are 16th on 34 points, the draw taking them eight points clear of the relegation zone.Reuters/NAN.Tags: EspanyolFC BarcelonaIago AspasLa LigaQuique SetienReal Madridlast_img read more

Continue Reading

Badgers continue undefeated march

first_imgDEREK MONTGOMERY/Herald photoIndiana’s defense managed to hold Wisconsin star tailback Brian Calhoun relatively in check. However, the Hoosiers couldn’t handle Brandon Williams and Jonathan Orr.With the Hoosiers loading up the box to stop Calhoun, the Badgers turned to the passing game to beat IU 41-24. Williams continued to move his way up the UW record books, catching six passes for 113 yards and scoring three first-half touchdowns — two on passes from John Stocco and the other on a 63-yard punt return — to give the Badgers control of the contest early on. With his performance, he passed former UW great Al Toon for second place in the school’s all-time receiving yard annals.”It’s great company,” Williams said. “Lee Evans, Chris Chambers, Al Toon. Those guys have moved on and done great things, and to be in the upper echelon of Wisconsin history is just a great thing for me.”The senior from St. Louis, Mo., who left the game after suffering a bruised knee in the second half, started off the scoring for UW by catching a 17-yard strike from Stocco on a slant to give the Badgers a 7-0 lead on their second possession of the contest. The touchdown was Williams’ first scoring grab since Oct. 4, 2003 — a drought that had spanned 22 games.”Junior year, it was a rough year,” Williams said. “A lot of nagging injuries, new quarterback; it just wasn’t all clicking on all cylinders.”Orr provided Wisconsin’s passing attack with a deep threat, stretching the field with a 47-yard reception on the first play of the scoring drive. He added another 47-yard catch in the fourth quarter, as well as a highlight-reel touchdown grab in the back of the end zone that was initially ruled incomplete until an official’s review. For Orr, the four catch, 128-yard performance was his best in terms of receptions since the 2002 season.”[Orr] played well,” co-offensive coordinator Paul Chryst said. “I don’t think in the sense of breakout that he had been struggling. He just got some throws come his way, and he did what we thought he’d do, be it the first game or this one.”Despite playing from behind, Indiana hung tough in the first half, using big plays in the passing game. On the ensuing possession after Williams’ first score, sophomore quarterback Blake Powers hit freshman wideout James Hardy on a slant for an 83-yard score, tying the game with 7:48 seconds remaining in the first quarter. Hardy beat Badger cornerback Brett Bell, who fell down trying to make the tackle.Following a Taylor Mehlhaff field goal that put Wisconsin up 10-7 just over four minutes later, Williams stuck another dagger in the Hoosiers’ hearts, this time by means of a 63-yard punt return.”Brandon really competed, as usual,” head coach Barry Alvarez said. “I tell you, he’s a guy that wants the ball in his hands. That punt return was awesome, and again, we had a lot of guys straining to give him help on that.”Indiana would add another long Powers touchdown pass and a 34-yard field goal from kicker Joe Kleinsmith before halftime, but could not come any closer than 10 points after Williams’ return score. In fact, the Hoosiers didn’t score another point after Kleinsmith’s second-quarter field goal until Powers connected with Hardy in the waning minutes of the fourth quarter.Facing nine and sometimes 10 defenders in the box, Calhoun scored his 10th touchdown of the season in the second quarter, but struggled to find open space in comparison to weeks past. The junior still managed to rush for 101 yards, but took 26 carries to do so.”I know statistically it wasn’t his best football game, but I was really proud with the way he played and really made a difference in the game,” co-offensive coordinator Brian White said.Despite giving up 41 points, Indiana’s defense didn’t make things easy for Stocco and the Wisconsin offense, blitzing frequently and tallying three sacks and five quarterback hurries. Stocco also tossed a pair of interceptions in the contest.”I didn’t think we blocked [the blitz] that well,” Alvarez said. “The first half, when we had time we completed the ball, but we had a lot of missed blocks, a lot of people running free in the middle.”However, when the junior signal caller had time to throw, he made IU pay for its aggressive strategy, completing 13 of 24 passes for 274 yards (the second most of his career) and a trio of scores, matching a career best.And though Alvarez himself acknowledged Wisconsin hardly played its best game, the team managed to push its record to 5-0 and avoid a letdown following last Saturday’s emotional win over Michigan.”That just speaks monuments about the hard work that this team puts in,” Williams said. “We may not be hitting on all cylinders, but we still find different ways, different facets of the game to score and to do what we have to do.”last_img read more

Continue Reading

Panel explores interpretation of Constitution

first_imgMembers of the panel included Professor Rebecca Brown of the USC Gould School of Law, Breck Kadaba, a J.D. candidate at the USC Gould School of Law and Alex Fullman, editor in chief of the USC Journal of Law and Society. Lee Epstein, provost professor of law and political science and Rader Family trustee chair in law, served as a moderator for the discussion.Some of the issues covered during the event included the recent health care law, super PACs and the issue of blind donations, content-based restrictions and the effect of freedom of speech on law and Prop. 8 in California, all in the context of where they stand constitutionally.The constantly debated health care law was the first issue covered. Brown covered the issue by defining Congress’ powers, which most importantly in this instance include the regulation of commerce and taxes.In her argument, Brown scrutinized the health care law from the perspective of the Constitution.“The theory objecting to this was that when you make a person buy [health care], the status of that person before the law that takes effect is not commercial at all,” Brown said.The next topic covered was money in politics, specifically focusing on super PACs and the recent Citizens United decision.Fullman said that the Supreme Court’s decision in the Citizens United case, which gave corporations the right to spend independent money wherever they please without disclosure, could be harmful to elections.“There’s a real need for disclosure. There’s a lot of dark money and that is the real threat to the integrity to our electoral system,” Fullman said.Next, law student Breck Kadaba addressed the Supreme Court’s interpretation of the right to free speech.Kadaba stressed the United States’ puritanical roots and its devotion, as both a country and a government, to the words and policies of the Constitution as the reason for many of these policies, especially the Supreme Court’s unwillingness to create a strict definition for free speech.“The court doesn’t want to be the person to come down and say, ‘Well, here’s the line,’” Kadaba said.The panelists finished the discussion with the topic of the Prop. 8 case and the constitutionality of gay marriage. Though the case has been kicked up to the Supreme Court, the justices have not yet revealed whether or not they will take the case.The main issue in the case, according to Brown, is whether prohibiting same-sex couples from marrying could be ruled as discrimination.“Every person in this country is entitled not to be grouped and treated more burdensomely than anyone else without a rational reason,” Brown said. The USC Levan Institute for Humanities and Ethics hosted a panel Monday on contemporary constitutional issues in celebration of the 225th anniversary of the signing of the U.S. constitution.Analysis · Law student Breck Kadaba (left), Journal of Law and Society editor Alex Fullman, Professor Rebecca Brown and moderator Lee Epstein tackled issues from Prop. 8 to Super PACs. – Ricardo Galvez | Daily Trojanlast_img read more

Continue Reading