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...announced that it had landed a deal to build a solar field bigger than Manhattan near the city of Ordos, Inner Mongolia. The project will dwarf the largest solar plants to date, and eventually generate enough electricity to power the equivalent of 3 million Chinese homes. To fulfill the huge demands, First Solar says it's considering building a solar-module manufacturing facility in the city to support the project. While financial details were not released, news of the deal caused First Solar's stock to jump 11% on the day of the announcement. "This major commitment to solar power...
...fast-growing country's huge appetite for electricity is behind the push. While China's total power capacity will nearly double by 2020, the amount that could come from wind and solar is expected to jump more than fivefold, aided by significant government assistance. Beijing announced in March it will subsidize 50% of costs for certain solar-panel projects, and 70% in remote regions. (See pictures of the new ways to boost energy efficiency...
...Some overseas firms insist that China is simply repeating an economic development strategy that has propelled the country's rapid progress in many other manufacturing sectors. The country has been able to use the lure of huge potential markets to entice foreign companies to hand over technology and know-how in exchange for lucrative deals, later using that knowledge to produce competitive products cheaper than those of overseas originators. Foreign companies built the generators for the first stage of the massive Three Gorges hydroelectric dam, but the generator contracts required the foreign makers to transfer technology to Chinese partners...
Another Halloween staple, this “multi-story, totally free dance party” has “$1500 worth of club lighting” and four DJs. If you don’t mind huge crowds of sweaty partygoers, we hear this is the big event of the weekend...
...exact origin of Devil's Night is unclear. People who grew up in Detroit following World War II recall kids plastering cars with toilet paper, and tossing onto porches fiery paper bags filled with feces. Huge swaths of this city burned during the 1967 riots, leaving the kind of blighted property that experts say lures prospective arsonists. John Hall, a researcher at the National Fire Prevention Association, said the presence of so many vacant properties presented the ingredients for what's known as "the broken windows syndrome." He says "when people see a collection of abandoned properties in one location...