News

US Department of Energy Ignites Fusion Revolution with a Stellar US$46 Million Investment

published: 2023-06-09 9:30

In a monumental bid to turn the long-standing dream of harnessing nuclear fusion into a reality, the US Department of Energy has unveiled an ambitious US$46 million investment strategy. ... more

Deal for Lithium Carbonate from Certain Brine Lake in Qinghai Was Struck at Bottom Price of RMB 295,000 per Ton

published: 2023-06-09 9:30

In the morning of May 23, bidding began at a lithium brine lake in Qinghai. The auction was intended to sell a total of 32 tons of lithium carbonate with the starting bid price at RMB 295,000 per ton. Surprisingly, only one party was willing place a bid, and the final transaction was the starting bid price. ... more

CNNC Hua Yuan Titanium Dioxide Plans to Acquire Controlling Stake in Zhaoqing Helin Liye Technology and Establish Battery Business

published: 2023-06-09 9:30

On June 5, CNNC Hua Yuan Titanium Dioxide Co. Ltd. announced that it has entered into an agreement with all the shareholders of Zhaoqing Helin Liye Technology Co. Ltd. ... more

Revolutionizing Taiwan’s Green Energy Sector: Homenema Tech Unveils Pioneering 90 MW Power Plant

published: 2023-06-09 9:30

Green energy industry newcomer, Homenema Tech, held a press conference on June 9th to unveil its plants to develop an expansive 90 MW ground-mounted solar power facility. ... more

GM Announced Partnership with Tesla with EVs now Sharing Tesla’s Superchargers

published: 2023-06-09 9:30

After Ford announced its adoption of Tesla’s charging specifications and design standards, General Motors (GM) has also announced its intention to follow the same approach. Starting from 2025, GM will adopt the NACS charging port for all its new EVs, enabling them to be charged at any Superchargers. ... more

Volvo Saw Record-Breaking Growth in Electric Trucks at 254% during Q1

published: 2023-06-08 9:30

Tesla is the EV leader, though Volvo Group has overtaken its competitors in the electric truck field, and is expecting to surpass 50% in battery electric trucks by 2030, before accomplishing its target of 100% battery electric by 2040, after announcing its latest major order recently. ... more

HDRE, TPK, and SEEC Teamed up for Energy Storage Development

published: 2023-06-08 9:30

HD Renewable Energy (HDRE), TPK Holding (TPK), and Shilin Electric and Engineering Corporation (SEEC) have teamed up as a national energy storage team, and aim to penetrate the global market. ... more

Two More Billion-Yuan Battery Manufacturing Projects Have Landed in China

published: 2023-06-08 9:30

Due to the promotion of policies related to capping and reducing carbon emissions, the global market for energy storage technologies is experiencing rapid growth. Many companies have also entered the related supply chains as they sense huge business opportunities. On May 22, Chinese battery suppliers Great Power and Zhuhai CosMX Battery announced their new battery manufacturing projects that are worth billions of yuan in investments. Both projects will be focusing on energy storage batteries. ... more

Ronbay Technology and EVE Establish Strategic Partnership

published: 2023-06-07 9:30

Ronbay Technology announced on May 29 that it has signed a strategic cooperation agreement with EVE, thereby cementing their partnership in the Li-ion battery industry. The agreement contains three areas for collaborations: ... more

Panasonic Expands Battery Production in Nevada in Response to Key Statement

published: 2023-06-07 9:30

Panasonic, the renowned Japanese battery manufacturer, has announced today its plans to further expand its battery production line in Nevada, USA. ... more