News

2022 Renewable Energy Wholesale Rates Finalized, Solar Rates Restored to Two Phases per Year

published: 2022-01-28 9:30

The Ministry of Economic Affairs (MOEA) has completed its 2022 renewable energy bulk purchase rate review and announced today (1/28), in comparison with the draft, the solar bulk purchase rate has been restored to two phases per year, and additional rates such as power grids and UHV have been enhanced. ... more

Gotion High-Tech Begins Construction on New Lithium Production Complex in Jiangxi

published: 2022-01-28 9:30

Chinese battery manufacturer Gotion High-Tech announced on December 29 last year that construction has begun on its new lithium production complex in Yifeng County in China’s Jiangxi Province. ... more

Woodside Energy Submits Application for a PV-Plus-Storage Project in Western Australia

published: 2022-01-28 9:30

Australian news outlets and renewable energy news websites have reported that Woodside Energy (also known as Woodside Petroleum) submitted a proposal to the Western Australian Environmental Protection Authority (WAEPA) for a PV-plus-storage project. ... more

Brent Crude Once Surged Over US$90 at New High Over 7 Years amidst Tension between Russia and Ukraine

published: 2022-01-27 9:30

Brent crude, for the first time, surpassed US$90 in futures on Wednesday (26th), and arrived at the highest level since 2014, due to the exacerbated tension between Russia and Ukraine, together with the persistently confined supply. ... more

Nippon Koei Is Ready to Set Up 99MW of Energy Storage in the UK

published: 2022-01-27 9:30

Major Japanese engineering firm Nippon Koei will be developing two battery energy storage facilities that will be respectively located in the counties of Kent and Hertfordshire in the UK. ... more

California’s New Solar Policy to Cut 2024 Solar Market in Half

published: 2022-01-27 9:30

According to a report from the energy consultancy company Wood Mackenzie, the regulations on the new solar encouragement plan from the California Public Utilities Commission (CPUC) may cut the solar market of the state in half during 2024. ... more

By End of 2022, 4 million Teslas May Be on the Road

published: 2022-01-27 9:30

It sounds a bit unimaginable, but before the end of this year, the number of Tesla electric vehicles on the road will reach as many as 4 million. ... more

First Solar Receives 1.2GW Module Order from Swift Current

published: 2022-01-26 9:30

US-based First Solar announced on January 13 that renewable energy developer Swift Current has placed an order for 1.2GW of its PV modules. First Solar will deliver these modules to Swift Current during the 2023-2024 period. ... more

Green or Not? EU Intends to Include Nuclear Energy and Natural Gas as "Green Investments"

published: 2022-01-26 9:30

Can natural gas and nuclear energy be considered green energy? Regarding the question of whether nuclear energy is green energy, there are divergent opinions from all sectors, and there is no unanimous answer thus far. ... more

Aluminum Demand in Solar Industry to Reach 486 Tons; Industries with High Carbon Emissions Will Damage the “Green Reputation” of Solar Energy

published: 2022-01-26 9:30

Various sectors are accelerating on net zero emissions and are putting a greater emphasis on green energy and renewable energy policies in order to suppress the global average surface temperature to within 2°C. ... more

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