News

Rivian Receives US$1.5B Grant for New Plant

published: 2022-05-04 9:30
Electric vehicle start-up Rivian has won a US$1.5 billion grant from the Georgia state government to build a new factory with an annual capacity of 400,000 vehicles and an estimated 7,500 new jobs in what appears to be a win-win. ...  more

Rivian Receives US$1.5B Grant for New Plant

published: 2022-05-04 9:30
Electric vehicle start-up Rivian has won a US$1.5 billion grant from the Georgia state government to build a new factory with an annual capacity of 400,000 vehicles and an estimated 7,500 new jobs in what appears to be a win-win. ...  more

Quantum Power Asia and Ib Vogt Propose a Hybrid PV and Energy Storage Project in Indonesia for Exporting Electricity to Singapore

published: 2022-05-04 9:30
Indonesian IPP Quantum Power Asia and Germany PV project developer Ib Vogt (stylized as “ib vogt”) have jointly proposed a plan to set up 3.5GW of PV generation capacity and 12GWh of energy storage capacity in Indonesia’s Riau Archipelago. The total investment in the project is estimated around USD 5 billion (or EUR 4.64 billion). Once in operation, the project will supply electricity to end users in Singapore rather than those in Indonesia. This story was first reported by other renewable energy news websites. ...  more

Hoshine Plans to Establish Production Capacity for PV Glass in Xinjiang

published: 2022-05-03 9:30
Xinjiang’s Department of Industry and Information Technology announced in late April that a hearing will be held on a proposed project for the manufacturing of ultra-thin glass panels for PV modules. The developer of the project is Hoshine Group (Hoshine Silicon Industry Co. Ltd.) that is now enlarging its portfolio to include products for PV applications. ...  more

To Make up for Capacity Shortage from Shanghai Factory, Tesla Pushes California Factory above Capacity Limit in 2Q22

published: 2022-05-03 9:30
In order to compensate for the capacity shortage caused by Shanghai's lockdowns, and to ensure that its 2nd quarter financial report would not look too bad, Tesla has recently given an all-out effort to expand the capacity at its California factory. As pointed out by an analyst from Global Equity Research in its latest memorandum, this automaker is preparing an astonishingly huge production in the second quarter. The capacity of Gigafactory in Northern California recently exceeded its limit by 20%. ...  more