News

Western Mining Plans to Invest in Taifeng Pulead so as to Enter Market for LFP Materials

published: 2023-06-28 9:30

In late June, Western Mining released a notice stating that it plans to participate in an auction for a 6.29% stake in Qinghai Taifeng Pulead Lithium Energy Technology. This stake is currently owned by Western Mining’s controlling shareholder Western Mining Group, and the bid price starts at a low of RMB 791 million. ... more

Rocks Found Locally in Tanzania Become Desirable Energy Storage Materials

published: 2023-06-27 16:24

Scientists in Tanzania discovered that granite, soapstone, and talc found locally in the region have proven to be highly suitable for storing solar heat. Boasting boast high energy density and stability even at high temperatures, these rocks are ideal elements—in addition to salt—for thermal energy storage on a grid-scale level. ... more

Seawater Unleashed as the Ultimate Green Hydrogen Elixir: US Scientists Forge Revolutionary “Seawater Electrolyzer”

published: 2023-06-27 9:30

In a significant breakthrough, American scientists have pioneered a revolutionary “seawater electrolyzer” that eliminates the need for freshwater in green hydrogen production. Seawater, abundant and rich in hydrogen, oxygen, and sodium, has long been regarded as a potential fuel source. However, extracting hydrogen from seawater has remained an elusive challenge. ... more

Wind Power Emerges as Vital Energy Source in War-Torn Ukraine

published: 2023-06-26 9:30

As the echoes of the Russo-Ukrainian conflict reverberate across Ukraine’s battle-scarred terrain, a glimmer of hope emerges in the form of wind power. ... more

Tesla’s Charging Port Standardization Expected to Boost Revenue by US$3 Billion

published: 2023-06-26 9:30

Two major US automakers have chosen to streamline their new vehicle offerings and make them compatible with Tesla’s Supercharger network following the company’s decision to relinquish its exclusive charging port patent. This move marks a significant industry-wide reconciliation and is anticipated to generate a substantial increase in Tesla’s charging income. ... more

EVE Energy to Supply 10GWh of Battery Cells to Powin

published: 2023-06-26 9:30

Powin, an energy storage platform provider, and Chinese battery supplier EVE Energy signed a supply agreement under which the latter will provide 10GWh of battery cells for the former’s energy storage project. ... more

Songfa Ceramics Enter Li-Ion Battery Market by Joining Forces with Hengli Group, Sequoia Capital, and Shanshan

published: 2023-06-23 9:30

On June 12, Guangdong Songfa Ceramics made an announcement stating its intention to acquire a stake in Anhui EVPS Power Battery from Ningbo EVPS Energy Storage System. The percentage of the stake would be no less than 51% and no more than 76.92%. ... more

Replacing Undersea Cables with Direct Battery Transport, Japan’s PowerX to Begin Testing Battery Ship in 2026

published: 2023-06-23 9:30

In an ambitious plan set to redefine the mechanisms of power transmission, Japan’s PowerX is charting a novel course. The company is on track to unveil its groundbreaking Battery Tanker X, a 140m long sea-bound power station, in 2026. ... more

Japan Embarks on Bold Mission to Harness Solar Power from Space by 2025

published: 2023-06-22 9:30

In a forward-thinking step towards sustainable energy, Japan has charted a bold course for a future of sustainable energy. The nation’s ambitious plan? Transferring solar power from outer space to Earth by 2025, breathing new life into the increasingly prevalent solar power trend. ... more

Tongwei Plans to Invest RMB 10.5 Billion in Project for Manufacturing PV Cells and Modules in Chengdu

published: 2023-06-22 9:30

On June 6, Tongwei Group announced that its wholly-owned subsidiary Tongwei Solar intends to sign an investment cooperation agreement with the government of Shuangliu District of Chengdu. ... more

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