News

Sale of TECO Electric Buses to Triple this Year! Company President Thomas Fann Says Push for Electric Logistics to Begin Again

published: 2023-03-28 9:30
TECO attended the 2023 Smart City Summit & Expo, with this year’s theme being “Digital Transformation & Green Transition”, to propose a number of sustainability solutions at the Net Zero City Expo. These solutions are aimed at creating a more sustainable environment for businesses and smart cities. Thomas Fann, president of TECO, shared TECO’s projections of tripling sales of electric buses and the company’s plan to start launching electric logistics vehicles. ...  more

Great Power Has Been Approved by CSRC to Raise RMB 3.4 Billion for Energy Storage Battery Base

published: 2023-03-28 9:30
Great Power, a Chinese battery supplier, announced on March 20 that it plans to raise RMB 3.4 billion to build a base for manufacturing energy storage batteries. According to the latest related information that EnergyTrend has received, the China Securities Regulatory Commission (CSRC) has approved Great Power’s application to launch a private placement that will raise the fund for the development of the base. ...  more

CPS Inaugurates Phase 1 of Its RMB 7.5 Billion Battery Material Project in Jiangxi

published: 2023-03-27 9:30
Local Chinese news media reported on March 26 that Pingxiang CPS held a ceremony to inaugurate its battery material project in the Pingxiang Economic Development Zone. The production capacity of the phase 1 of the project is set at 60,000 tons per year for LFP cathode materials. The development zone is within China’s Jiangxi Province. ...  more

Agro-Photovoltaics to Improve Cooling Effect and Extend Module Lifespan

published: 2023-03-27 9:30
Agro-photovoltaics is now a common type of solar installation, which not only retains crops, but also develops green electricity. A recent study from the US pointed out that agro-photovoltaics systems are taller compared to traditional solar panels that could improve the cooling effect of modules, as well as achieve a better performance in power generation, and prolong module lifespan. ...  more

Formosa 2, 3rd Offshore Wind Farm in Taiwan, Completes Construction and Parallel Connection for 376MW

published: 2023-03-25 9:30
The COVID-19 pandemic over recent years has impacted the construction progress of offshore wind farms around the world. With that being said, Taiwan, after completing 43 wind turbines for the first phase of the demonstration project at the end of 2021, had fully concluded construction and parallel connection for all 47 wind turbines of Formosa 2, the third offshore wind farm in Taiwan, on March 21st. The offshore wind farm will now join in on the generation of green electricity. ...  more