News

SK On and Urbix Will Collaborate on Developing New Anode Materials

published: 2023-02-10 9:30
SK On announced on January 18 that it has signed an agreement with Urbix to collaborate on developing new anode materials that not only offer a better performance but are also environment-friendly. SK On is a supplier for EV power batteries from South Korea, whereas Urbix is a graphite processor from the US. ...  more

HDRE Aims for IPO on Taiwan Innovation Board in March and Launches Construction of 300MW Solar Farms and 400MW Energy Storage Systems

published: 2023-02-09 13:28
HD Renewable Energy (HDRE) held its pre-IPO investor conference on February 7, 2023, with SinoPac Securities being the underwriter. As the company aims to be listed on the Taiwan Innovation Board in early March this year, chairperson Yuan-yi Xie revealed that HDRE will soon begin building 300MW PV power stations and 400MW energy storage systems, both of which are scheduled to be connected to the national electrical grid in the next two years. The said powerhouses will likely make actual contributions starting in 2024. ...  more

Farasis to Build New Base with Annual Production Capacity of 30GWh for EV Power Batteries in Guangzhou

published: 2023-02-07 9:30
Major Li-ion battery supplier Farasis Energy announced on January 29 that it has entered into an investment cooperation agreement with the administrative committee of the Guangzhou Economic and Technological Development Zone. Under the agreement, Farasis will set up a base with an annual production capacity of 30GWh for LFP and ternary batteries that are purposed for electric mobility. ...  more

Toshiba Announces Exit from Residential Solar Market amidst Ferocious Competition

published: 2023-02-07 9:30
Aggravated market competition and business transformation have prompted Toshiba to exit from Japan’s residential solar market. The company will now focus on commercial and industrial solar power plants, as well as the development of perovskite solar cells. With that being said, Toshiba will still provide after-sales services on residential solar for 20 more years. ...  more

Hanwha Q Cells Secures Order for 2.5GW of PV Modules from Microsoft

published: 2023-02-07 9:30
Hanwha Q Cells and Microsoft have signed a supply agreement under which the former will provide latter with 2.5GW of PV modules. Besides modules, Q Cells will also provide EPC services so as to help deploy these modules at Microsoft’s facilities across the US. This news was first picked up by other renewable energy news websites. ...  more

Europe-Made Solar Panels to Extricate from Imports and Add 100MW of Capacity in 2026

published: 2023-02-06 9:30
Europe, in order to lower dependency on solar panels, is currently expanding its industry chain. Joint venture Solarcells will be establishing a solar module factory in Luxemburg before the end of the year, with about 50MW of capacity for the first phase, and is capable of manufacturing approximately 100K solar modules each year. ...  more