News

The Arabian Peninsula has been a barren land that could only support nomadic herding since ancient times but in the Primordial Age it was a fertile and shallow sea and, after geological changes, it came to contained a large amount of oil. In the 20th century, it became an important area affecting world history, strategy, and economy. However, the world is moving towards decarbonization and rejecting fossil fuels and, even if it does not, the oil will run out one day. ...  more

Indian PV glass manufacturer Borosil Renewables and European counterpart Interfloat Corporation have signed an agreement under which the former will acquire 100% of the stake in the latter. Interfloat Corporation belongs to Interfloat Group, which is currently Europe’s largest PV glass manufacturer with a production capacity of 300 metric tons per day. ...  more

Natron Energy, a California-based sodium-ion battery company, will team up with battery manufacturer Clarios to mass-produce sodium-ion batteries in Michigan in 2023. ...  more

Risen Energy announced on May 9 that one of its subsidiaries has signed a long-term supply agreement with a sub-subsidiary of Shuangliang Eco-Energy. ...  more

At the conclusion of the sixth India-Germany Inter-Governmental Consultations that was held in early May, Indian Prime Minister Narendra Modi and German Chancellor Olaf Sholz signed a joint declaration of intent that will lead to the establishment of a “Green and Sustainable Development Partnership”. ...  more

Easpring (Beijing Easpring Technology Material Co. Ltd.) is the first Chinese supplier for battery cathode materials to be listed in China’s stock market. Since 2021, the company has been proactively increasing the number of partners across the supply chain and rapidly securing resources in the upstream. It has successively entered into strategic cooperation agreements with many other suppliers and technology developers including SK Innovation, Finnish Minerals Group, Huayou Cobalt, CNGR, and Welion. ...  more

Lightsource bp, a solar energy development and management company, announced on 5/12 that it has officially entered the East Asian market and will work with GreenRock Energy to jointly develop a 150MW fishery-electricity symbiosis project in Taiwan. ...  more

The Oman Power and Water Procurement Company (OPWP) plans to connect around 2.66 GW of new solar and wind projects to the grid by 2027 to cover the sultanate's growing electricity consumption. ...  more

CATL formally launched its EV battery swap business EVOGO this April 18. Earlier this January, CATL said that it will establish pilot sites for battery swap across 10 Chinese cities this year. Now, the company has set a more ambitious target of raising the number of cities under EVOGO’s coverage from the current four to 30 by the end of 2022.  ...  more