News

Canadian Solar announced via a press release on April 7 that its subsidiary Recurrent Energy will sell two PV-plus-storage projects in California to project developer Matrix Renewables. Headquartered in Madrid, Matrix Renewables is backed by The Rise Fund of the US-based investment firm TPG. ...  more

After launching the "New Taiwan Dollar Green Fixed Deposit" DBS Bank announced today that Chi Mei, the world's largest ABS resin supplier, has established a green fixed deposit valued at NT$1 billion at DBS Bank Taipei Branch, joining Climate Impact X (CIX), a joint venture global carbon trading platform and becoming one of the first Taiwanese companies to do so. ...  more

Chinese power company Yuneng Holdings Co. Ltd. announced on April 9 that its board of directors has held a meeting to approve a proposal to develop distributed rooftop PV projects in four counties of China’s Henan Province. The plan still has to be presented at a shareholders’ meeting for consideration. The announcement was first picked up by other Chinese news outlets. ...  more

The Chinese solar industry has once again been impacted by the pandemic as delay in logistics and personnel allocation yielded by the recent outbreak of coronavirus in Shanghai has resulted in production reduction for related manufacturers. ...  more

Nissan has released its latest battery technology – an automotive solid-state battery that is manufactured by its Yokohama facility. The company is hoping to launch its first electric vehicle with all-solid-state batteries by 2028. ...  more

Shuangliang Eco-Energy Systems Co. Ltd. announced on April 6 that it will ink a cooperative framework agreement with the Management Committee of Baotou National Rare Earth Hi-Tech Industrial Development Zone to set up a production plant for high-efficiency PV modules. The annual total production capacity of the plant is set at 20GW, and the total investment in the plant is estimated at RMB 5 billion. As the name indicates, the development zone is situated within China’s Inner Mongolia Autonomous Region. The announcement was also first picked up by other Chinese news outlets. ...  more

Honda has announced its strategic blueprint for electrification today. The company is expected to invest US$40 billion for the release of 30 EV models throughout the next several years, before attaining 100% electrification by 2040. ...  more

Swiss Clean Battery AG (SCB) announced on April 8 that it will build a gigafactory with an initial capacity of 1.2GWh and a maximum capacity of 7.6GWh in Switzerland. SCB is a startup that was just established this February. Its HQ is in Frauenfeld, which is near Zurich. ...  more

China’s Ministry of Industry and Information Technology (MIIT) reported recently that the country’s PV industry performed consistently well during the January-February period of this year with manufacturers on the whole posting steady growth. Citing announcements and data from companies and industry associations, MIIT said that the domestic production volume of c-Si cells in the two-month period surpassed 39GW. Also, prices of c-Si cells kept rising due to various factors. ...  more

In late March, major Chinese oil and gas company Sinopec released a report on the company’s progress in sustainable development during 2021. This story was first reported by local Chinese news outlets. ...  more