News

Tesla Hit with Major Reduction in Stock Prices after Two Consecutive Months of Depleting Sales in China

published: 2021-06-04 9:30

The stock prices of Tesla continue to deplete, and had sustained another 5% drop on the 3rd, which is largely associated with the sales reduction in China. ... more

ACWA Secures Around ZAR 11.6 Billion in Funding to Build the Largest Concentrated Solar Power Plant in South Africa

published: 2021-06-03 9:30

ACWA Power (ACWA) announced on May 10 that it has reached the financial close for the Redstone Concentrated Solar Power Plant (Redstone CSP) in South Africa. The funding of this project has come to nearly ZAR 11.6 billion. Based in Saudi Arabia, ACWA builds various types of power plants and desalination facilities around the world. ... more

Harvard Researchers Invent “Sandwich-Like” Lithium Batteries Capable of Charging EVs Within 10 Minutes

published: 2021-06-03 9:30

Should Harvard’s experimental “sandwich-like” solid state lithium batteries gain market viability, not only will they maintain thousands of charge/discharge cycles and longer lifespans, but they will also enable EVs to be charged from zero to full within 10 minutes. ... more

Mahle Develops Contact-Free Electric Motor that Contains no Magnets, Losses, and Rare-Earth Elements

published: 2021-06-02 9:30

German centennial automotive component manufacturer Mahle recently announced to have developed a magnet-free motor, which does not derive internal losses, and is only second to Formula E motors in terms of efficiency. The more important aspect is that this motor is able to reduce the demand for rare-earth elements. ... more

[COMPUTEX 2021] Musk Will Get to Keep His Word Courtesy of AMD Processors Enabling PS5-like Gaming Performances in Teslas

published: 2021-06-01 9:30

Still remember when Musk claimed during the showcasing of the latest Model X and Model S that drivers will get to play the Witcher 3 and Cyberpunk 2077 on the center console of their Teslas? Musk’s promise has now been fulfilled by AMD, as Lisa Su formally announced that AMD chips will serve as the core architecture of Tesla’s infotainment system. ... more

Next Generation Solar Technology to Equip Inherent Advantages in Low Temperature and Long Lifespan

published: 2021-06-01 9:30

Solar panel is a power generation system that converts sunlight into electricity, though like all mechatronic systems, excess heat creates impediments to the efficiency of power generation, and the blazing hot summertime can also become an enemy to photovoltaic modules. Australian scientists recently found out that the two new types of solar technology, singlet fission solar and tandem solar, are equipped with the advantage in low operating temperature, which helps to extend the lifespan of solar panels, and elevates commercial values to a great extent. ... more

Qinghai Earthquake Is Estimated to Have Affected 0.13GW of Output from Zhonghuan Semiconductor in May

published: 2021-06-01 9:30

Zhonghuan Semiconductor, a Chinese supplier of polysilicon and wafers, issued a formal notice on May 23 to explain the extent of the impact that the recent earthquakes in the Chinese provinces of Yunnan and Qinghai have on its operations. ... more

This Hatchback Is so Cool That VW CEO Claims It’s Not for Sale

published: 2021-06-01 9:30

Recently Volkswagen’s CEO posted a photo of him with a new car, which excited plenty of fans, though he later claimed that the car is too cool to sell. ... more

Algeria Will Commence 1GW Solar Tender Between June and July 2021

published: 2021-05-31 9:30

Algeria’s Ministry of Energy Transition and Renewable Energies has announced that the country’s long-awaited 1GW solar tender will be launched between June and July this year. Earlier in late April, Chems-Eddine Chitour, who heads the ministry, received the authorization from the Algerian government to manage and supervise the auction and procurement process. ... more

East Hope Signs Agreement with Ningxia Government to Build Local Production Capacity for Polysilicon

published: 2021-05-31 9:30

Eager to take advantage of rising market demand, Chinese polysilicon manufacturer East Hope (East Hope Group) is planning to further expand its production capacity. On May 11, East Hope, the government of Ningxia Hui Autonomous Region, and the government of Shizuishan inked a strategic cooperation agreement under which East Hope will invest in building local production capacity for polysilicon and other kinds of silicon materials for industrial and electronics-related applications. ... more