News

California Amps up Energy Storage and Hydroelectric Power, Diminishing the Threat of Summer Blackouts

published: 2023-06-01 9:30

After last year’s devastating heat wave sent California’s power consumption soaring to near-record levels, the state’s power grid buckled under the strain. ... more

Battero Receives Major Order for LFP Cells from AI-BESS

published: 2023-06-01 9:30

Battero Tech and AI-BESS Technology signed a cooperative framework agreement on May 25. AI-BESS is a provider of renewable energy solutions and specializes in new kinds of battery energy storage systems and emission-free power generation systems. The company has a wide range of offerings that cover portable equipment, industrial settings, commercial venues, homes, and utility. It also develops customized solutions for clients from different regions of the world. ... more

Electrolyte Supplier F&let Begins Pilot Production at Its New Base in Anhui

published: 2023-06-01 9:30

Chinese electrolyte supplier F&let said that the phase 1 of its new manufacturing base in Anhui has passed an inspection by relevant experts. Therefore, the phase 1 will be entering the pilot production phase. The phase 1 comprises a production capacity of 150,000 tons per year. ... more

TBEA Said Its Total Polysilicon Production Capacity Will Reach 300,000 Tons per Year by End of 2023

published: 2023-05-31 9:30

In a meeting with investors via the virtual platform on May 23, Chinese polysilicon supplier TBEA said its holding subsidiary operating in Inner Mongolia has completed a new production line with a production capacity of 100,000 tons per year for high-purity polysilicon. ... more

Ganfeng Will Develop Project for Battery Manufacturing and R&D in Hubei in Order to Accelerate Its Expansion

published: 2023-05-31 9:30

Major Chinese lithium supplier Ganfeng Lithium announced in May that its subsidiary Ganfeng LiEnergy Technology has signed an agreement with the government of Xiangyang for the development of a project related to battery manufacturing and R&D. Xiangyang is a city located in China’s Hubei Province. The total investment in this project is estimated around RMB 2.5 billion. ... more

GruEnergy Has Obtained Tens of Millions of Dollars in Financing for Manufacturing of Si-Based Anode Material

published: 2023-05-30 9:30

In early May, GruEnergy completed a Series A+ financing round and secured tens of millions of US dollars. The proceeds from the financing round will be used to expedite the company’s efforts to scale up the production of its Si-based anode materials and have its products adopted by customers. ... more

Mitsubishi Fuso and Hino to Merge to Develop Hydrogen Trucks from Funding of Daimler and Toyota

published: 2023-05-30 9:30

The four major manufacturers of commercial trucks hosted a joint press conference today announcing that the two commercial automotive companies, Mitsubishi Fuso and Hino Motors, will establish a joint venture that will be invested by Daimler and Toyota, with subsequent focus placed on developing commercial trucks adopted with hydrogen fuel cells. ... more

Taiwan Perovskite Research and Industry Association Established to Accelerate Industry Development

published: 2023-05-29 9:30

The Taiwan Perovskite Research and Industry Association successfully convened its inaugural meeting on May 18th in Hsinchu. The alliance’s formation aims to unify industrial, academic, and research experts from perovskite-related fields, fostering a platform for industry exchange and collaboration. Its primary commitment is to facilitate the construction of a comprehensive Taiwanese perovskite industry chain, thereby expediting the industry’s diversified growth. ... more

CYG Commences Construction on New LFP Cathode Project in Jiangxi

published: 2023-05-29 9:30

In May, an event was held to the market initiation and completion of several industrial manufacturing projects located in the National Nangchang Xiaolan Economic and Technological Development Zone. Among these projects are an LFP cathode project that is being developed by KingLi Techology (KTC), a holding subsidiary of Changyuan Technology Group (CYG). Nanchang is the capital of China’s Jiangxi Province. ... more

Solar Power Overtakes Oil Spending for First Time with Global Investment of $1 Billion Per Day

published: 2023-05-26 15:59

According to the International Energy Agency (IEA), the global investment in solar power is set to exceed that in oil production, demonstrating the scale and speed of energy transformation. ... more

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