News

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

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

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

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 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 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