News

To Make up for Capacity Shortage from Shanghai Factory, Tesla Pushes California Factory above Capacity Limit in 2Q22

published: 2022-05-03 9:30
In order to compensate for the capacity shortage caused by Shanghai's lockdowns, and to ensure that its 2nd quarter financial report would not look too bad, Tesla has recently given an all-out effort to expand the capacity at its California factory. As pointed out by an analyst from Global Equity Research in its latest memorandum, this automaker is preparing an astonishingly huge production in the second quarter. The capacity of Gigafactory in Northern California recently exceeded its limit by 20%. ...  more

KKR Announces Establishment of Aster Reneable! Launches Renewable Energy Promotion Platform

published: 2022-05-03 9:30
International private equity fund KKR announced today the establishment of Aster Renewable, a renewable energy platform engaged in the development, construction, and operation of solar photovoltaic, wind power, and energy storage systems. The investment business started in Taiwan and Vietnam and will expand to other Asian markets in the future. Aster announced that the capital injection into Aster Taiwan was officially established and Adam Huang was appointed as the general manager of Taiwan. ...  more

As War Affects Oil and Gas Supply, US Military Takes Another Look at Nuclear Microreactors

published: 2022-05-02 9:30
The Pentagon's Strategic Capabilities Office recently announced that it will reengage the development of a miniature nuclear reactor that can be carried in a C-17 strategic transport aircraft known as "Project Pele." In the future, in addition to solving the problem of power for US military bases in harsh environments, such a device can also reduce carbon emissions and geopolitical risks originating in oil-producing countries. ...  more