News

Foxconn, Quanta, and Wistron Responded to Sichuan’s Power Restriction

published: 2022-08-16 9:30
Sichuan Government, amidst the consecutive days of high temperature, announced that all businesses are to suspend production for six days until midnight on August 20th in order to ensure grid safety by placing priority on public power consumption. As the market worries that such implementation may affect Taiwanese suppliers, Foxconn responded that the company has not received any major impact, while Quanta and Wistron responded with “no impact”. ...  more

Europe’s Risen Wind Power to Help Mitigate Power Supply Crisis under Heat Wave

published: 2022-08-16 9:30
With the arrival of the heat wave in Europe, natural gas and nuclear power plants are unable to fully exert their generation under such high temperature, and has thus resulted in power inhibitions for the entire continent. Fortunately, Bloomberg’s model projects that Europe’s wind power generation would start to increase next week, which means that not only is the power supply crisis slightly mitigated, but also a reduction in temperature. ...  more

Ganfeng Commences Construction on 10GWh Solid-State Battery Base in Chongqing

published: 2022-08-15 9:30
Companies that are involved in the lithium battery supply chain have been expanding their presence in the solid-state battery segment in the recent years. Among them, major Chinese lithium supplier Ganfeng Lithium has just launched a major project to develop solid-state batteries and scale up production for the related products. ...  more

New Wood Batteries Cost Less and More Environmentally Friendly

published: 2022-08-15 9:30
Swedish battery manufacturer Northvolt has announced a joint development agreement with Finnish forestry company Stora Enso to manufacture batteries using lignin-based hard carbon produced from renewable wood in Nordic forests. This is also the world's first anode industrial battery made entirely of European raw materials, aiming to reduce carbon footprint and production costs. ...  more

Zhuhai Plans to Add 2GW of PV Generation by 2025

published: 2022-08-12 9:30
The government of Zhuhai, which is a major city in the China’s Guangdong Province, formally released its energy development strategy under the 14th Five-Year Plan on July 26. According to the strategy, the city’s generation capacity will increase by 7,700MW to reach 13,890MW by 2025. ...  more