News

Terabase Energy Gets Bill Gates Investment to Speed Up Solar Farm Construction with Robots

published: 2022-08-22 9:30
How to quickly build a large-scale solar power plant? Terabase Energy, a new solar energy startup, hopes to quickly build power plants through "robots" to achieve terawatt-scale (TW)-scale solar energy. This B round of financing has also received Bill Gates Breakthrough Energy Ventures (BEV), Prelude Ventures, etc. Company funding of $44 million. ...  more

Evergreen, AIDC, and ADATA Participating in Cathay United's NT$3 Billion "Green Time Deposit"

published: 2022-08-22 9:30
Cathay United Bank launched its "Green Time Deposit Project" in July. It has not been a full month since it was launched, yet it has attracted more than 10 well-known participating enterprises. Its contract scale has reached nearly US$3 billion including Evergreen, AIDC, ABICO, SINBON, ADATA, AWEA, and Kemitek. The cooperativing enterprises hope to implement specific ESG actions and corporate social responsibility through contracting green deposits. ...  more

Germany Restarts Coal-Fired Power Generation to Replace 1-2% of Gas-Fired Generation

published: 2022-08-19 9:30
Germany is one of the leading countries in promoting carbon reduction. In the second half of her term, Merkel had largely eliminated reliance on coal-fired power generation. Coupled with its nuclear abolition policy after Japan’s 311 incident, energy is highly dependent on natural gas. Now the Russian-Ukrainian war has put the supply of natural gas into crisis, so Germany has returned to call on these obsolete coal-fired power plants, hoping to restart them as a delaying tactic, but restarting is not as simple as flipping a switch. ...  more

Shipments of Anode Materials in China Reached Around 500,000 Tons for First Half of 2022; Country’s Annual Total Could Surpass 1.15 Million Tons

published: 2022-08-19 9:30
China exhibited strong and growing demand for Li-ion batteries used in electric vehicles and energy storage systems during the first half of this year. On other hand, the country’s demand for Li-ion batteries used in consumer electronics was anemic in the same period. Global market intelligence firm TrendForce notes that shipments of anode materials in China totaled around 500,000 tons for the first half of 2022, showing a year-on-year growth rate of 56%. TrendForce also projects that the total shipments in the country for the whole 2022 could surpass 1.15 million tons. ...  more

Shuanliang Eco-Energy Systems Raised RMB 3.488 Billion to Initiate the First-Phase Development of a 40GW Base for Manufacturing Mono-Si PV Products

published: 2022-08-17 9:30
Shuangliang Eco-Energy Systems announced on August 8 that it has completed an A share private placement. The proceeds from this round of fundraising came to RMB 3.488 billion and will be mainly used to grow the company’s PV business. This announcement was first picked up by other Chinese renewable energy news outlets. ...  more