News

Recently, the U.S. Nuclear Regulatory Commission (NRC) approved the first small modular reactor (SMR) design certification application and NuScale Power is expected to become the first manufacturer to build a new small modular nuclear power plant in the United States. ...  more

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

The third stage vendor of Taiwan's offshore wind power block development is about to be selected. Taiya Renewable Energy announced today (8/17) that the "Huanyang Offshore Wind Power Project" will partner with EDF Renewables. ...  more

Emerging energy, including wave and tidal energy, have yet to attain mass commercialization. However, Wave Swell Energy who focuses on wave energy systems has announced new updates for its UniWave 200 wave energy system after a year of testing, and shared remarkable results at 50% of power conversion.   ...  more

Nikola, an EV startup once fallen into the slump of fraud, has been putting all efforts in vehicle production this year, and managed to surpass projections of all analysts, followed by a comeback from rock bottom under a surge of 6.3% in share prices. ...  more

Sichuan Government, amidst the consecutive days of high temperature, announced that all businesses are to suspend production for six days until midnight on August 20th in order to ensure grid safety by placing priority on public power consumption. As the market worries that such implementation may affect Taiwanese suppliers, Foxconn responded that the company has not received any major impact, while Quanta and Wistron responded with “no impact”. ...  more

With the arrival of the heat wave in Europe, natural gas and nuclear power plants are unable to fully exert their generation under such high temperature, and has thus resulted in power inhibitions for the entire continent. Fortunately, Bloomberg’s model projects that Europe’s wind power generation would start to increase next week, which means that not only is the power supply crisis slightly mitigated, but also a reduction in temperature. ...  more

FamilyMart launched Taiwan's first smart retail electric vehicle (EV) "FamiMobi" which will be the first to drive into Tainan Science Park from August 1st on an initial trial operation basis. ...  more

Companies that are involved in the lithium battery supply chain have been expanding their presence in the solid-state battery segment in the recent years. Among them, major Chinese lithium supplier Ganfeng Lithium has just launched a major project to develop solid-state batteries and scale up production for the related products. ...  more

Swedish battery manufacturer Northvolt has announced a joint development agreement with Finnish forestry company Stora Enso to manufacture batteries using lignin-based hard carbon produced from renewable wood in Nordic forests. This is also the world's first anode industrial battery made entirely of European raw materials, aiming to reduce carbon footprint and production costs. ...  more