Tag: Chinese
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UK reliance on Chinese renewable tech rises with Octopus deal
Britain’s largest electricity supplier, Octopus Energy, has signed a deal with Chinese wind turbine maker Ming Yang Smart Energy, potentially bringing Chinese-built turbines to the UK for the first time. The partnership aims to expand wind power capacity, reduce energy costs, and accelerate the country’s clean energy transition. However, the deal also highlights the UK’s…
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Caterpillar and Chinese manufacturer challenge ‘anti-dumping’ duties
The Trade Remedies Authority (TRA) is to reconsider its recommendation to impose a new ‘anti-dumping’ measure on imports of certain excavators from China following requests from LiuGong Group and Caterpillar. Last year, the secretary of state for business and trade imposed tariffs on excavators imported from China to the UK of up to 40% following…