New Wave of Inflation Fermenting within the Industry Chain as Constrained Polysilicon Provision Persists

Recently, the U.S. Nuclear Regulatory Commission (NRC) approved the first small modular reactor (SMR) design certification application and NuScale Power is expected to become the first manufacturer to build a new small modular nuclear power plant in the United States....  more

Shuangliang Eco-Energy Systems announced on August 8 that it has completed an A share private placement. The proceeds from this round of fundraising came to RMB 3.488 billion and will be mainly used to grow the company’s PV business. This announcement was first picked up by other Chinese renewable energy news outlets....  more

Emerging energy, including wave and tidal energy, have yet to attain mass commercialization. However, Wave Swell Energy who focuses on wave energy systems has announced new updates for its UniWave 200 wave energy system after a year of testing, and shared remarkable results at 50% of power conversion.  ...  more

Nikola, an EV startup once fallen into the slump of fraud, has been putting all efforts in vehicle production this year, and managed to surpass projections of all analysts, followed by a comeback from rock bottom under a surge of 6.3% in share prices....  more

With the arrival of the heat wave in Europe, natural gas and nuclear power plants are unable to fully exert their generation under such high temperature, and has thus resulted in power inhibitions for the entire continent. Fortunately, Bloomberg’s model projects that Europe’s wind power generation would start to increase next week, which means that not only is the power supply crisis slightly mitigated, but also a reduction in temperature....  more