News

The demand for anode materials used in Li-ion batteries has grown exponentially because of the widening adoption of NEVs. Consequently, companies that are involved in the manufacturing of anode materials have also experienced rapid growth as well. Seeing opportunities, many Chinese companies have crossed into the field of battery anode materials. They include Sunstone, Jereh Group, Shandong Jingyang, Guibao, Sunway, and LB Group. The market is now receiving one more new entrant. ...  more

Yingkou Jinchen Co. Ltd. and Waaree Energies Ltd. have strengthened their existing partnership by signing a new sales agreement this August. Jinchen is a Chinese supplier for equipment used in the manufacturing of PV products, whereas Waaree is one of the major Indian suppliers for PV modules. ...  more

China’s Ministry of Industry and Information Technology (MIIT) reported in mid-August that China’s production capacity for rolled PV glass increased by 63.6% year on year for the period from January to July this year. ...  more

Chinese energy storage solution provider JEVE held its “JEVE Day 2022” in Jiaxing, a city in China’s Zhejiang Province, on August 12. At the event, the company announced a new growth strategy with the objectives of obtaining a total production capacity of 100GWh per year for NEV power batteries by 2025 and attaining “zero defect” for all products delivered to its clients. ...  more

In order to reduce the dependence on fossil fuels for power supply, Spain has gradually increased its amount of renewable energy installations. Now Spain has opened the largest solar power plant in Europe "Francisco Pizarro." ...  more

Tesla China has been suffering from constant setbacks this year. The latest sales statistics indicate that the brand had plummeted 64% in sales during July, whereas local brand BYD had seized on this opportunity and rose drastically in market share. ...  more

The boom in the NEV market is driving the growth of the demand for Li-ion batteries. In view of this situation, battery suppliers are aggressively building new factories and expanding production capacity. At the same time, they are also investing more and more resources into improving related technologies. ...  more

TrendForce reports that China’s demand for NEV power batteries slowed down during the first half of this year because of the COVID-19 lockdowns in the second quarter. However, NEV sales in China maintained high growth during the first half-year period. ...  more

JYT, a Chinese PV company that provides both equipment and products, announced on August 10 that it will be reallocating the funding that was originally set aside for the development of the Wuhai project to the development of the Leshan project. ...  more