HD Renewable Energy (HDRE) held its pre-IPO investor conference on February 7, 2023, with SinoPac Securities being the underwriter. As the company aims to be listed on the Taiwan Innovation Board in early March this year, chairperson Yuan-yi Xie revealed that HDRE will soon begin building 300MW PV power stations and 400MW energy storage systems, both of which are scheduled to be connected to the national electrical grid in the next two years. The said powerhouses will likely make actual contributions starting in 2024. ... more
News
Major Power Outage in Pakistan due to Excessive Electricity |
| published: 2023-02-08 9:30 |
Despite many countries announcing energy crisis after the Russia-Ukraine war, Pakistan is one of the few countries that has experienced major power outages, with two nationwide blackouts within three months. ... more
Jingneng Will Build 1GW PV Project in Puning |
| published: 2023-02-08 9:30 |
A subsidiary of Beijing Jingneng Clean Energy Co. Ltd. and China Sun Fund Management Ltd. will cooperate with the government of Puning to build a 1GW PV project. ... more
Farasis to Build New Base with Annual Production Capacity of 30GWh for EV Power Batteries in Guangzhou |
| published: 2023-02-07 9:30 |
Major Li-ion battery supplier Farasis Energy announced on January 29 that it has entered into an investment cooperation agreement with the administrative committee of the Guangzhou Economic and Technological Development Zone. Under the agreement, Farasis will set up a base with an annual production capacity of 30GWh for LFP and ternary batteries that are purposed for electric mobility. ... more
Toshiba Announces Exit from Residential Solar Market amidst Ferocious Competition |
| published: 2023-02-07 9:30 |
Aggravated market competition and business transformation have prompted Toshiba to exit from Japan’s residential solar market. The company will now focus on commercial and industrial solar power plants, as well as the development of perovskite solar cells. With that being said, Toshiba will still provide after-sales services on residential solar for 20 more years. ... more
Hanwha Q Cells Secures Order for 2.5GW of PV Modules from Microsoft |
| published: 2023-02-07 9:30 |
Hanwha Q Cells and Microsoft have signed a supply agreement under which the former will provide latter with 2.5GW of PV modules. Besides modules, Q Cells will also provide EPC services so as to help deploy these modules at Microsoft’s facilities across the US. This news was first picked up by other renewable energy news websites. ... more
Europe-Made Solar Panels to Extricate from Imports and Add 100MW of Capacity in 2026 |
| published: 2023-02-06 9:30 |
Europe, in order to lower dependency on solar panels, is currently expanding its industry chain. Joint venture Solarcells will be establishing a solar module factory in Luxemburg before the end of the year, with about 50MW of capacity for the first phase, and is capable of manufacturing approximately 100K solar modules each year. ... more
Major Power Outage in Pakistan due to Excessive Electricity |
| published: 2023-02-06 9:30 |
Despite many countries announcing energy crisis after the Russia-Ukraine war, Pakistan is one of the few countries that has experienced major power outages, with two nationwide blackouts within three months. ... more
Tesla Once Again Increases Prices as US Department of Treasury Expands Subsidization |
| published: 2023-02-04 9:30 |
The US Department of Treasury has finally given up on the controversial classification standard on SUVs, and is now easing up on the eligibility of subsidization for various types of electric SUVs, where manufacturers such as Volkswagen, Ford, Tesla, and Cadillac will be benefitted from the decision. ... more
Transimage Captures Another Major Order for Na-Ion Batteries |
| published: 2023-01-31 9:30 |
Transimage announced in early January that its sub-subsidiary has entered into a cooperation agreement with Suzhou Debo New Energy. Under the agreement, Transimage will not only provide Debo with Na-ion batteries but also collaborate with Debo in the field of energy storage systems. ... more
