Yujing Machinery Co. Ltd. has announced that a proposal to form a joint venture for PV wafer production was approved at the 12th meeting of the fourth session of the company’s board of directors on April 6. This announcement was first picked up by other Chinese news outlets. ...  more
News
Tesla Might Get Heavily Involved with Lithium Mining; Costs of the Crucial Metal Are Way Too High, Says Musk |
published: 2022-04-12 9:30 |
Tesla CEO Elon Musk stated via his personal Twitter account on April 8th that his company may need to directly and massively mine and refine lithium because the costs of the metal have skyrocketed. ...  more
Statkraft Has Received Environmental Approval for 671MW Pauna Solar Project in Chile |
published: 2022-04-12 9:30 |
Norwegian renewable energy developer Statkraft A/S obtained the environmental approval to develop a 671MW PV project in Chile’s Antofagasta Province in late March. This story was first reported by other renewable energy news outlets. ...  more
Taiwan Cement Aims for Three Major Orientations for the Next Decade; Issues NT$1 Cash Dividend and NT$1 Stock Dividend |
published: 2022-04-12 9:30 |
Taiwan Cement announced today that the company had achieved a revenue of NT$22.945 billion for the first quarter this year under a YoY increase of 4.12%, and the board of directors decided to issue NT$1 of cash divided and NT$1 of stock dividend, with a dividend payout ratio of 61%. Chang An-ping, Chairman of Taiwan Cement, commented that the three major orientations for Taiwan Cement for the next decade will be cement, energy, and waste disposal, and that the company’s energy strategy is to be heavily involved in the development of various renewable energy, as well as energy storage. ...  more
Jinneng to Build a 1GW Aquavoltaic Project in Qingdao |
published: 2022-04-12 9:30 |
Jinneng Science and Technology Co. announced on April 1 that its subsidiary Jinneng Chemical (Qingdao) Co. Ltd. has commenced an aquavoltaic project off the coast of the Chinese city of Qingdao (China’s Shandong Province). ...  more
CSG to Upgrade Its G6/G7 PV Glass Production Lines in Dongguan |
published: 2022-04-12 9:30 |
CSG Holding Ltd., a major glass manufacturer owned by the Chinese government, announced on March 29 that its board convened an extraordinary meeting to approve a proposal to upgrade its G6/G7 production lines in Dongguan. Located in the Chinese city of Dongguan (Guangdong Province), the G6/G7 production lines manufacture glass panels for PV modules. The upgrade will entail the adoption of the more advanced process technology and equipment. ...  more
BEV Jeep Magneto Announced; 0-100 in Two Seconds and Six-Speed Manual Transmission |
published: 2022-04-11 17:30 |
Outdoor auto fans are now ecstatic to see the arrival of the Jeep Magneto. Aside from being a BEV, the Magneto is also capable of ferocious performance by merely requiring 2 seconds for accelerating from 0-100. The question is, can it really go on off-road terrains? ...  more
Breaking Russian Energy Dependence, Germany No Longer Importing Russian Natural Gas After 2024 |
published: 2022-04-11 9:30 |
After Russia invaded Ukraine, many European countries began to look at their energy markets. Among them, Germany has tried to reduce its dependence on Russian energy. German Federal Minister for Economic Affairs and Climate Action Robert Habeck stated on the 25th that, since Russia invaded Ukraine, Germany has been reducing its dependence on Russian natural gas and oil. Significant progress has been made in importing coal. ...  more
Enphase to Manufacture Micro-Inverters at Flex’s Facility in Romania |
published: 2022-04-11 9:30 |
US-based Enphase Energy announced on April 4 that it will start manufacturing its micro-inverters at a facility or production line operated by its outsourcing partner Flex in the Romanian city of Timisoara. ...  more
CLOU Captures Contract for 485MWh of Energy Storage Equipment from South America |
published: 2022-04-11 9:30 |
Chinese news outlets reported in late March that CLOU has secured a contract to provide battery energy storage systems to a well-known foreign energy company whose name has yet to be disclosed. ...  more