News

Conditions to At Least 4 Ships Unknown from Iran’s Hijacking; Tense Status in Gulf of Oman May Impact Oil Prices

published: 2021-08-05 9:30
Iran is currently in a standstill with the US and other major countries due to the uncertain future of its nuclear deal. According to the coverage of foreign media, an oil tanker has been hijacked by Iran in the Gulf of Oman, and the status of at least 4 cruise ships is still unclear. Maritime and Coastguard Agency reported on August 3rd that a “potential hijack” is happening in the particular sea area. ...  more

Tesla’s AU Energy Storage Base Still Burning After 4 Days

published: 2021-08-04 9:30
The fire incident from Tesla’s Megapack in Victoria, Australia on July 30th has entered its 4th consecutive day of combustion. Fire Rescue Victoria mentioned in its statement today that the fire has been significantly subsided, though not yet completely controlled. ...  more

Construction Begins for Spain’s First Major Production Base for Lithium Battery Cells

published: 2021-08-04 9:30
Various energy news websites have reported that construction started in June for Spain’s first GW-scale production base for lithium battery cells. The base is located in Noblejas, a municipality in the province of Toledo and within the autonomous region of Castilla-La Mancha. The main developer of this project is Phi4Tech, a company specializing in graphene-related technologies. The base is scheduled to begin pilot production before the end of this year. ...  more

Taishan 1 to Shut Down and Enter Overhaul Due to Damaged Nuclear Fuel Rods

published: 2021-08-04 9:30
The Taishan Nuclear Power Plant located in Guangdong sustained damages to the fuel rods of generator 1 in June, which may result in radiation leakage, and the China General Nuclear Power Group (CGNPC) announced one month after the incident that generator 1 will be shut down for overhaul.  ...  more

Tesla Introduces CCS2 and Completes Dual Specifications By the End of July

published: 2021-08-04 9:30
Tesla will begin introducing electric vehicles adopted with the CCS2 charging interface starting in the third quarter in order to respond to the development of EV infrastructures in Taiwan in accordance with the standard specification of the International Electrotechnical Commission (IEC). ...  more

Reliance Industries Plans to Invest US$8.1 Billion into Production Plants for PV Modules, Energy Storage Batteries, Green Hydrogen, and Fuel Cells

published: 2021-08-03 9:30
In late June, Mukesh Ambani, chairman of Reliance Industries Ltd. (RIL) and the richest person in India, revealed that his organization will invest US$8.1 billion over the next three years to develop manufacturing capacity for a wide range of green energy products. These include PV modules, energy storage batteries, modular electrolyzers, and fuel cells. Ambani said that RIL will “establish and enable at least 100GW of solar energy by 2030”. ...  more

Tesla Announces a US$1 Million Price Tag for Megapack

published: 2021-08-02 9:30
Tesla released the 3MWh grid-grade energy storage device Megapack in 2019, which ascended the company’s battery energy storage business to a new level, and now Tesla has revealed the price tag for this enormous battery for the first time. The battery is priced at US$1,235,890 (approx. NT$34.63 million), and does not include tax and annual maintenance cost. ...  more

ArcelorMittal’s Aims to Produce 1.6 Million Tons of Green Steel by 2025

published: 2021-08-02 9:30
Similar to the cement and petrochemical industries in a way that they are all essential to the maintenance of daily lives, the steel industry occupies 7-8% of the total carbon emissions in the world. Although it is one of the most difficult industries to decarbonize, there are still a number of steel companies out there that have proposed ambitious targets. An example of this is the global steel giant ArcelorMittal, which aims to establish zero carbon steel plants by 2025. ...  more