News

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

Foxconn, Quanta, and Wistron Responded to Sichuan’s Power Restriction

published: 2022-08-16 9:30
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

Europe’s Risen Wind Power to Help Mitigate Power Supply Crisis under Heat Wave

published: 2022-08-16 9:30
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