News

KEDA Posted Net Profit of RMB 4.251 Billion for 2022

published: 2023-04-26 9:30
KEDA Industrial Group, a Chinese machinery company, released its annual report for 2022 on April 14. According to the report, the company posted a realized annual revenue of RMB 11.157 billion, showing a YoY growth of 13.89%. ...  more

GCL-Poly to Abandon Pricey US Expansion Plans

published: 2023-04-26 9:30
Bloomberg reports, “US policies are attractive, but not attractive enough.” GCL-Poly Energy Holdings, the world’s second-largest manufacturer of polysilicon, is considering opening its first overseas factory. However, it may abandon plans to build a factory in the United States due to high costs. ...  more

Ørsted Partners with TCC for Onshore Substation Contract

published: 2023-04-26 9:30
Ørsted announced on the 27th that it has signed a contract with Taiwan Cogeneration Corporation (TCC) to construct a 920 MW onshore substation for the second phase of the Greater Changhua South West and North West offshore wind farms. ...  more

Carbon Fee Imposition under Planning; EPA: Initially Imposed on Power and Manufacturing Industries with 25K tons Annual Carbon Emission

published: 2023-04-25 9:30
How does one impose carbon fees? Will it lead to a transfer of cost? The Environmental Protection Administration (EPA) of the Executive Yuan in Taiwan has commented that the imposition of carbon fees is still currently under planning, where power and manufacturing industries with an annual emission of more than 25K tons are set as initial targets, and those who are imposed with the fees can propose their own reduction plans in accordance with suitable rates. ...  more