Several Chinese business information websites recently reported that compatriot carmaker CHERY has submitted an international trademark application for “Yuanqi Battery by CHERY and CATL” (“元气电池 BY CHERY & CATL”). ... more
News
Microsoft Signs PPA with Nuclear Fusion Company Helion Energy |
| published: 2023-05-12 9:30 |
Microsoft announced on May 10th that they have signed a power purchase agreement (PPA) with nuclear fusion company Helion Energy. The latter plans to initiate operation for the first nuclear fusion power plant before 2028 at a targeted power generation of 50MW. ... more
Alcoholic Beverage Company Wuliangye Invests RMB 1 Billion to Develop Renewable Energy Businesses |
| published: 2023-05-12 9:30 |
Wuliangye, a major player in China's Baijiu market, has long been recognized for its brewing techniques and cultural heritage. However, in recent years, the company has also entered the field of new energy technologies with the aim of developing its own renewable energy businesses. ... more
Jhongli Factory to Boost Profitability in Second Half of Next Year! GUS Tech to Debut on Emerging Stock Market at TWD 30 May 12 |
| published: 2023-05-11 17:15 |
GUS Technology, guided by Fubon Securities, is set to hold an investor briefing before its debut on the Emerging Stock Market on May 12th, with a listing price of TWD 30 per share. ... more
Europe to Take Off in Energy Storage and Potentially Arrive at 95GW in Installed Capacity by 2050 |
| published: 2023-05-11 9:30 |
British research institution Aurora Energy Research pointed out that Europe will be increasing its quantity of 10MW grid-grade energy storage systems each year, and could arrive at an accumulated capacity of 42GW by 2030, before potentially reaching 95GW by 2050. This also means that the period between 2023 and 2050 will see more than EU€70 billion of accumulated investment opportunities. ... more
OpenAI CEO Invests in Nuclear Fusion Startups as Technology Gains Traction |
| published: 2023-05-11 9:30 |
OpenAi CEO Sam Altman, a prominent figure in the tech world and former president of startup accelerator Y Combinator, has made a significant investment in nuclear fusion startup Helion Energy. Altman’s involvement has brought increased attention to the potential of nuclear fusion technology. ... more
BYD Obtains Status of Qualified Lithium Producer in Chile |
| published: 2023-05-11 9:30 |
Since 2022, BYD has been reportedly investing in lithium mines outside China. In an interview with the Chilean news media last year, Stella Li, BYD’s executive vice president, said that her company plans to secure partnerships with lithium suppliers around the world. She added that BYD was negotiating for a mining project in Chile and applying for a permit to process raw materials and manufacture battery cathode materials locally. ... more
SEMCORP’s Billion-Yuan Separator Project Enters Operation |
| published: 2023-05-10 9:30 |
On May 8, a ceremony was held to mark the activation of the phase 2 of SEMCORP’s latest separator project. ... more
Tandem Solar Arrives at New High in Conversion Efficiency at 33.2% |
| published: 2023-05-10 9:30 |
There is often intriguing development when combining silicon solar panels, which currently possess the best cost-performance ratio, with the rising star of PV material, perovskite solar. ... more
Risen Energy Will Invest RMB 8.465 Billion to Establish Integrated Energy Base with 10GW per Year of Crystal Growing Capacity in Inner Mongolia |
| published: 2023-05-10 9:30 |
Risen Energy announced in late April that it will be building an integrated energy base in the city of Baotou in China’s Inner Mongolia Region. The base will provide renewable generation, energy storage, and power distribution. ... more
