News

Shipments of Anode Materials in China Reached Around 500,000 Tons for First Half of 2022; Country’s Annual Total Could Surpass 1.15 Million Tons

published: 2022-08-19 9:30
China exhibited strong and growing demand for Li-ion batteries used in electric vehicles and energy storage systems during the first half of this year. On other hand, the country’s demand for Li-ion batteries used in consumer electronics was anemic in the same period. Global market intelligence firm TrendForce notes that shipments of anode materials in China totaled around 500,000 tons for the first half of 2022, showing a year-on-year growth rate of 56%. TrendForce also projects that the total shipments in the country for the whole 2022 could surpass 1.15 million tons. ...  more

Shuanliang Eco-Energy Systems Raised RMB 3.488 Billion to Initiate the First-Phase Development of a 40GW Base for Manufacturing Mono-Si PV Products

published: 2022-08-17 9:30
Shuangliang Eco-Energy Systems announced on August 8 that it has completed an A share private placement. The proceeds from this round of fundraising came to RMB 3.488 billion and will be mainly used to grow the company’s PV business. This announcement was first picked up by other Chinese renewable energy news outlets. ...  more

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