News

Chinese industrial conglomerate Shuangliang Group has announced that its subsidiary Shuangliang Silicon Materials (Baotou) has signed new contracts with compatriot equipment provider JSG and US-based Linton Kayex. Both deals are for the purchasing of crystal growing (pulling) furnaces and were signed on March 7. Shuangliang released this information in its latest financial report, and the story was first picked up by Chinese news outlets and other renewable energy news websites. ...  more

The futures prices of nickel had surged by 100% in a single day due to the Russia-Ukraine war and market hypes. As one of the essential raw materials for batteries, the hyperinflation of nickel has inhibited recent trends of battery suppliers and downstream NEV manufacturers. ...  more

Local Chinese news outlets have reported that PV product manufacturer EGing has started construction on a new production facility for high-efficiency PV modules. The facility is located in Changzhou, a city in China’s Jiangsu Province. Furthermore, the facility is going to comprise the eastern section of the company’s existing production base in the city. The groundbreaking ceremony was held on March 4. ...  more

Musk's enthusiasm for the Ukrainian war seems to be on par with Putin's. A new batch of material aid was sent to Ukraine today including more satellite dishes and Tesla Powerwalls and even more rewards for Ukrainian employees to return home to fight for the country. ...  more

Local Chinese news outlets have reported that Yuze (Jiangxi) Semiconductor Co. Ltd. and the government of the Wenshan Zhuang and Miao Autonomous Prefecture signed a strategic cooperation agreement on March 9. ...  more

Chinese silicon wafer supplier Zhonghuan Semiconductor released its latest prices for PV wafers on March 4. The quote for wafers that are 182mm in diameter and 160μm in thickness came to RMB 6.65 per piece at the time of the announcement, showing a hike of RMB 0.25 from January 26. The quote for wafers that are 210mm in diameter and 160μm in thickness arrived at RMB 8.85 per piece at the time of the announcement, up by RMB 0.30. ...  more

In order to realize the government’s target in localization for the third phase of wind farm development, Taiya Renewable Energy has joined hands with five companies on forming a local maintenance team to fully support the former’s development in wind farms and exert determination in cultivating localized offshore wind power generation through substantial actions. ...  more

The newest member of VW’s EV family, the ID. Buzz is set to make its global premiere in early March. The automaker has been drip-feeding information to the public. Below will be a summary of this battery electric van featuring an all-new design that inherits VW’s T1 legacy. ...  more

Saudi Arabia’s Ministry of Energy announced on March 7 that the Saudi Power Procurement Company (SPPC) as the principal buyer has signed the PPAs for the Al (Ar) Rass and Saad PV Projects. Together, the two projects are set to have a generation capacity of around 1GW and entail a total investment of around USD 666 million. The signing ceremony was held in Riyadh and attended by Prince Abdulaziz bin Salman, who is the Minster of Energy. ...  more

Tesla has made it free for people to use all of the Superchargers within Ukraine since the outbreak of the war in order to help citizens take refuge in nearby countries. The country announced today that all Superchargers in Poland and Slovakia will also be free to use. ...  more