News

How much will U.S. solar costs climb this year amid the pandemic's impact on supply chains, the impact of war, and tariff investigations? US research firm Wood Mackenzie reports that capital costs for 100MWdc solar power plants are expected to rise by 6% this year. ...  more

Tesla CEO Elon Musk has finally named his real rival but the company is not a traditional automaker like Volkswagen or Toyota, but a much bigger one. ...  more

Zhejiang Jingxing Paper Joint Stock Co. Ltd. announced on May 27 that it will be investing RMB 25.93 million to install PV systems on the walls and rooftops of its facility buildings in China. The installed capacity is set at 5,947kW, which translates to an annual production of 5.95 million kWh. This project will be outsourced to EPC firms. This announcement was first picked up by Chinese financial news outlets. ...  more

The world's most eye-catching industrial exhibition "Hanover Messe" has not held a physical exhibition for two years due to the pandemic but has finally returned this year. TECO Group announced today that it will partner with Motovario S.p.A., a major Italian gearbox manufacturer and European affiliate, to jointly exhibit the three themes of "Carbon Neutral Solutions," "Smart Mobility Solutions," and "Smart Manufacturing Solutions". ...  more

Austrian independent power producer RP Global is working with Spanish crowdfunding platform Fundeen to raise capital for the construction of a PV power plant in Spain. On May 23, both RP Global and Fundeen announced that the opportunity for investment has been extended to all Spanish citizens. The announcement was first picked up by other renewable energy news outlets. ...  more

Research on gravity energy storage has mostly focused on its use in restoring abandoned mines and quarries, but is there any possibility that this cutting-edge technology can be used to transform high-rise buildings into storage systems? ...  more

The Tesla Cybertruck is arguably the most noticeable vehicle in the world because of its unique-looking exterior. The electric vehicle company has recently put the world’s largest die casting machine into operation, signifying a further step towards the mass production of this peculiar car. ...  more

As traditional car factories gradually introduce pure electric vehicles, there are more and more electric vehicle advertisements that were not commonly seen in the past but if you read the battery life figures in the advertisements, those somewhat familiar with electric vehicles may have some doubts: Why is the battery life of this car so long? In fact, the details are hidden in the fine print. ...  more

Foxconn Industrial Internet (Fii), a subsidiary of Foxconn, released its "2021 Fii Corporate Social Responsibility Report," today which elaborates on green innovation and low-carbon development in terms of ecological environment, social development, and corporate governance. Nearly 800 clean technology-related patents have been accumulated. ...  more

Shanghai began lifting its lockdown on June 1, allowing most citizens to move freely in the city, though Tesla and Volkswagen plan to isolate factory workers in a closed-loop management system until June 10, people familiar with the matter said. ...  more