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CATL Signs 10-Year Strategic Cooperation Agreement with Leading Chinese Commercial Vehicle Maker Yutong

published: 2022-08-24 9:30
CATL has signed a 10-year strategic cooperation agreement with Yutong. The former was established in 2011 and has become a global leader for NEV power batteries, whereas the latter was established in 2012 and has become a global leader for commercial vehicles. Also, Yutong was CATL’s top client during the 2014-2017 period. The latest strategic cooperation agreement, which was signed in the Chinese city of Zhengzhou on August 9, will further widen and deepen the scope of their partnership. ...  more

Unlimited Exhaust Emissions, Australia a Paradise for High-Pollution Cars, Costing US$5.9 Billion More in Gas

published: 2022-08-24 9:30
The increasingly stringent environmental protection regulations for automobiles and motorcycles not only help to improve traffic emissions, but also save on the amount of imported oil. However, Australia has become one of the few countries in the world with "no limit on exhaust emissions" which also allows car manufacturers to sell products with peace of mind. Dirty cars that comply with the latest environmental regulations make a lot of "black money" here. ...  more

Terabase Energy Gets Bill Gates Investment to Speed Up Solar Farm Construction with Robots

published: 2022-08-22 9:30
How to quickly build a large-scale solar power plant? Terabase Energy, a new solar energy startup, hopes to quickly build power plants through "robots" to achieve terawatt-scale (TW)-scale solar energy. This B round of financing has also received Bill Gates Breakthrough Energy Ventures (BEV), Prelude Ventures, etc. Company funding of $44 million. ...  more

Evergreen, AIDC, and ADATA Participating in Cathay United's NT$3 Billion "Green Time Deposit"

published: 2022-08-22 9:30
Cathay United Bank launched its "Green Time Deposit Project" in July. It has not been a full month since it was launched, yet it has attracted more than 10 well-known participating enterprises. Its contract scale has reached nearly US$3 billion including Evergreen, AIDC, ABICO, SINBON, ADATA, AWEA, and Kemitek. The cooperativing enterprises hope to implement specific ESG actions and corporate social responsibility through contracting green deposits. ...  more

Germany Restarts Coal-Fired Power Generation to Replace 1-2% of Gas-Fired Generation

published: 2022-08-19 9:30
Germany is one of the leading countries in promoting carbon reduction. In the second half of her term, Merkel had largely eliminated reliance on coal-fired power generation. Coupled with its nuclear abolition policy after Japan’s 311 incident, energy is highly dependent on natural gas. Now the Russian-Ukrainian war has put the supply of natural gas into crisis, so Germany has returned to call on these obsolete coal-fired power plants, hoping to restart them as a delaying tactic, but restarting is not as simple as flipping a switch. ...  more