News

Indian auto giant Tata Motor announced today its purchase of land, plants, and equipment previously owned by Ford, who stated its shutdown of plants in India last year. ...  more

The Beijing Municipal Government plans to build 700,000 charging piles and 310 swap stations by 2025. The first ones to be transformed are gas stations in Beijing. ...  more

According to the reporting by Chinese news outlets, the “Design Guidelines and Key Points of Evaluation Pertaining to Adoption of Energy Conservation Measures for Civil Buildings in Chengdu” (the “Chengdu guidelines”) came into effect on August 1. ...  more

Businesses are in urgent need of new talents as Taiwan introduces emerging commercial opportunities under energy transformation and electricity liberalization. ...  more

The "SunnyRick Fishery and Electricity Symbiosis Project" held the signing of an NT$8.88 billion syndicated loan today (9th) which was highly supported by the banking syndicate, and setting a record for the biggest fishery and electricity symbiosis syndicated loan in Taiwan this year. ...  more

Canadian company Anaergia is working with Japanese real estate group Toyo’s renewable energy division on building a large cow manure power plant in Japan. As the name suggests, a cow manure power plant converts cow manure from animal husbandry to biofuel in the hope of transforming the significant greenhouse gas methane into new energy. ...  more

Taiwan's offshore wind power has entered the third stage of block development. However, due to rules and conditions differing from past instances, developers will face 4 major issues in project financing. Denmark's Copenhagen Infrastructure Partners (CIP) and China Trust jointly organized the "Banker's Day 2.0" project financing seminar to analyze challenges and opportunities. CIP also announced that China Trust will serve as financial advisor for block development. ...  more

Anli-KY, a cooling module factory, announced today that its consolidated revenue in July was NT$215 million, up about 20% YoY. Accumulated combined revenue in the first seven months of the year was NT$1.3 billion, up 7.7% YoY, mainly due to strong demand for servers and new energy vehicles, which drove revenue in July and the first seven months of the year to a record high for the same period in the previous year. ...  more

Hand tools giant Proxene was listed at the emerging stock market with a share price of NT$63.5 today, and had once surged by 96.85% to NT$125. Proxene primarily serves as an ODM and OEM for industrial adjustable wrenches at a global market share of 2%, and conforms to the development tendency of EVs and the green power industry with substantial potential. ...  more

CNGR Advanced Material and Huayou Cobalt, which are among the major Chinese suppliers for battery materials, have respectively signed an agreement with Tesla for the provisioning of ternary precursors. CNGR and Huayou both made the announcement on July 31. ...  more