News

Energy company Essent and PV project developer Solinoor have inked an agreement to jointly develop a green hydrogen production facility that is powered by floating and ground-mounted PV systems in the Netherlands. Essent and Solinoor are both Dutch companies, though the former has been a part of German energy multinational RWE since 2009. This story was first reported by other renewable energy news websites. ...  more

Is carbon capture too expensive? British startup Brilliant Planet proposes a new solution. As long as a super-large industrial microalgae breeding farm is built on the coast of a desert, the powerful carbon capture capacity of algae can be used to capture and store carbon on a large scale at one-tenth of the cost. ...  more

Shinfox Energy announced its April revenue today. Beneficiary projects are recognized according to completion ratios. Shinfox Energy's revenue in April reached NT$430 million, an increase of 12.2% over the previous month and a 6.6-fold increase compared to the same period last year. Cumulative revenue from January to April this year reached NT$1.250 billion, an increase of 87% YoY from NT$668 million. ...  more

In order to reduce the total carbon emissions of the company, Taiwan Panasonic purchased the Ai-2 Gather commercial electric tricycles from Aeon Motors which were officially delivered on April 29, becoming the best logistics vehicle in its factory campus. ...  more

Guangzhou Tinci Materials Technology Co. Ltd. (Tinci) announced on May 6 that it intends to invest in an expansion project that will add 300,000 metric tons per year of production capacity for lithium battery electrolyte solutions and 100,000 metric tons per year of recycling processing capacity for LFP batteries. ...  more

The global offshore wind power market continues to expand alongside each country’s constantly rising demand for renewable energy, and was estimated to sit at a scale of US$27.33 billion in 2021. New development plans will introduce additional commercial opportunities for developing countries within the next five years. ...  more

The board of directors of Taiwan Mobile approved the major target of attaining net zero mission by 2050 today, and promises to submit a net zero emission plan to the Science-Based Targets (SBT) initiative by the end of this year. ...  more

Texas is committed to developing solar energy, with 120 solar power plants planned in the next three years but counterintuitively, Texas is ignoring battery energy storage systems. ...  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. ...  more

Tesla presents both an opportunity and a challenge for traditional auto manufacturers that are undergoing an EV transformation. Various manufacturers have been attempting to enlarge their competitive advantages in EVs from different angles, and for the hundred-year-old car maker General Motors (GM), the target is to produce EVs that are more affordable. ...  more