News

The "SunnyRick Fishery and Electricity Symbiosis Project" held the signing of an NT$8.88 billion syndicated loan today (9th) which was highly supported by the banking syndicate, and setting a record for the biggest fishery and electricity symbiosis syndicated loan in Taiwan this year. ...  more

Canadian company Anaergia is working with Japanese real estate group Toyo’s renewable energy division on building a large cow manure power plant in Japan. As the name suggests, a cow manure power plant converts cow manure from animal husbandry to biofuel in the hope of transforming the significant greenhouse gas methane into new energy. ...  more

Taiwan's offshore wind power has entered the third stage of block development. However, due to rules and conditions differing from past instances, developers will face 4 major issues in project financing. Denmark's Copenhagen Infrastructure Partners (CIP) and China Trust jointly organized the "Banker's Day 2.0" project financing seminar to analyze challenges and opportunities. CIP also announced that China Trust will serve as financial advisor for block development. ...  more

Anli-KY, a cooling module factory, announced today that its consolidated revenue in July was NT$215 million, up about 20% YoY. Accumulated combined revenue in the first seven months of the year was NT$1.3 billion, up 7.7% YoY, mainly due to strong demand for servers and new energy vehicles, which drove revenue in July and the first seven months of the year to a record high for the same period in the previous year. ...  more

Hand tools giant Proxene was listed at the emerging stock market with a share price of NT$63.5 today, and had once surged by 96.85% to NT$125. Proxene primarily serves as an ODM and OEM for industrial adjustable wrenches at a global market share of 2%, and conforms to the development tendency of EVs and the green power industry with substantial potential. ...  more

CNGR Advanced Material and Huayou Cobalt, which are among the major Chinese suppliers for battery materials, have respectively signed an agreement with Tesla for the provisioning of ternary precursors. CNGR and Huayou both made the announcement on July 31. ...  more

It looks like that the electric bus target of the Taipei City Government can only reach half way, since the new electric buses are unable to go on roads, and the reason lies on the inability of charging. ...  more

Demand is surging for the core precursor materials used in the manufacturing of ternary cathode materials. As a result, many Chinese suppliers for cathode materials have been very aggressive in locking in procurement quantities with their suppliers for precursor materials in advance. ...  more

Nanya announced today that the company would be joining hands with President Packaging and President Chain Store Corporation under Uni-President in establishing a “bottle to bottle” PET bottle recycling system in Central and Southern Taiwan, as well as outlying islands. PET bottles are recycled and crushed from the circulating economic resources recyclers installed at 7-11s, before being reborn as new PET bottles through Nanya’s advanced polyester recycling technology, thus achieving a green and renewable circulating supply chain. ...  more

On August 2, China Energy Engineering Corp. (Energy China) released the shortlist of the selected potential bidders for its 6GW PV inverter tender. ...  more