News

The imbalanced energy supply and surging electricity prices of Europe may be harmful to the promotion of the Green New Deal and the carbon market policy, which is an unfortunate development seeing as how the continent is hit with an energy crisis when it just started discussing strategies in carbon reduction. The EU, however, is confident that the funds from the carbon market are able to mitigate the impact of elevating energy cost on consumers. ...  more

Tesla has relocated its headquarters from California to Texas, and further expanded its California base, instead of giving up on the area. ...  more

Suzhou, Zhejiang, Guangdong, and Northeast China have been experiencing successive power shortages as the country doubles down on the “Dual Control” policy, where Suzhou had announced a suspension in operation between the 26th and 30th of September, with a resumption on October 1st. Apple suppliers warn that the power restriction will obstruct the supply chain since Apple is currently preparing for the peak season, including the production of the latest iPhone 13.   ...  more

The Hon Hai Tech Day is scheduled for the 18th, and Foxconn has unveiled the video of three EVs today to allow the audience to admire the company’s key products when marching towards the new era in advance. ...  more

Reliance Industries has acquired solar module manufacturer REC Group from China National Bluestar for US$771 million. The deal will support the Norway-headquartered company grow its solar manufacturing capacity to more than 5GW wi...  more