News

Will Turning All Coal-Fired Power Plants to Nuclear Plants Attain the Net-Zero Emission Target for the US?

published: 2022-09-30 9:30

A recent study of the US Department of Energy (DOE) pointed out that transforming 80% of the country’s coal-fired power plants to nuclear plants would help attaining its 2050 target of net-zero emissions. ... more

Tongwei Solar to Invest RMB 4 Billion in 25GW PV Module Manufacturing Project

published: 2022-09-30 9:30

On September 22, Chinese integrated PV product manufacturer Tongwei Solar (Tongwei Group) announced that it will set up a PV module manufacturing project with a production capacity of 25GW per year in the Yancheng Economic and Technological Development Zone (China’s Jiangsu Province). ... more

SVOLT Lands Its Second Overseas Factory in Germany as It Sprints Towards 600GWh Capacity Target

published: 2022-09-30 9:30

As the global NEV market maintains fast-pace growth, Chinese battery suppliers have begun overseas expansions in order to round out their development strategies and gain more market share. After CATL had announced on September 5 that its second factory in Europe will land in Hungary and entail an investment of CNY 50.9 billion, SVOLT confirmed on September 9 that its second overseas factory will be located in Germany. ... more

CATL: RMB 32 Billion Project in Yichang Has Entered Operation and RMB 10 Billion Project in Ningde Has Been Completed

published: 2022-09-29 9:30

Leading Chinese battery supplier CATL continues to aggressively pursue capacity expansion and vertical integration. CATL has recently disclosed the latest progress made in its new manufacturing projects in Yichang (Hubei Province) and Ningde (Fujian Province). ... more

To Solve Green Power Financing Dilemma, Sunnyfounder and Bank SinoPac Establish Exclusive Green Electricity Trust

published: 2022-09-29 9:30

In the past, Taiwan faced difficulties such as the inability of small and medium-sized enterprises to buy green electricity and the difficulty of supplying green electricity to most optoelectronics companies. ... more

Siemens Gamesa Expands Taichung’s Nacelle Plant by Threefold

published: 2022-09-29 9:30

Siemens Gamesa hosted the groundbreaking ceremony for the expansion of its nacelle plant in Taichung on the 21st of September, and plans to add more than threefold of land at 90,000m2. The expansion is expected to hire more than three times of local employees, as well as construct two new plants and one warehouse for local production and assembly of nacelles for offshore wind turbines. ... more

Global Nuclear Power Revival, Bloomberg: Key Uranium Mine to be Next Political Weapon

published: 2022-09-29 9:30

Global energy demand has increased dramatically and the world has encountered the most serious energy crisis since 1970. Now nuclear power is onstage again but, when the world restarts nuclear power, the demand for uranium, a key mineral resource, will be resurrected again. ... more

Farnlet Starts Construction on New Electrolyte Production Plant in Anqing

published: 2022-09-28 9:30

Farnlet New Energy Technology held a groundbreaking ceremony for its new production plant in the Anqing Hi-Tech Zone on September 28. The plant will be used to manufacture electrolytes for Li-ion batteries and have a production capacity of 150,000 tons per year. The Anqing Hi-Tech Zone is within China’s Anhui Province. ... more

Kymco Invests in Listing of Harley-Davidson Subsidiary Livewire, Creates Blueprint for Heavy Electric Motorcycles

published: 2022-09-28 9:30

Livewire, an electric motorcycle brand jointly funded by Kymco and Harley-Davidson, was listed on Nasdaq in the United States today, taking a major step forward for Taiwanese motorcycle brands. ... more

CATL Initiates Its Battery Manufacturing Project in Hungary

published: 2022-09-28 9:30

On September 5, representatives from Chinese EV battery manufacturer CATL and Chinese government met with representatives of Hungary’s local and national governments to sign a land pre-purchasing agreement. ... more

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