News

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

It looks like that the electric bus target of the Taipei City Government can only reach half way, since the new electric buses are unable to go on roads, and the reason lies on the inability of charging. ...  more

Demand is surging for the core precursor materials used in the manufacturing of ternary cathode materials. As a result, many Chinese suppliers for cathode materials have been very aggressive in locking in procurement quantities with their suppliers for precursor materials in advance. ...  more

Nanya announced today that the company would be joining hands with President Packaging and President Chain Store Corporation under Uni-President in establishing a “bottle to bottle” PET bottle recycling system in Central and Southern Taiwan, as well as outlying islands. PET bottles are recycled and crushed from the circulating economic resources recyclers installed at 7-11s, before being reborn as new PET bottles through Nanya’s advanced polyester recycling technology, thus achieving a green and renewable circulating supply chain. ...  more

On August 2, China Energy Engineering Corp. (Energy China) released the shortlist of the selected potential bidders for its 6GW PV inverter tender. ...  more

China’s PV industry grew rapidly during the first half of 2022, according to the country’s Ministry of Industry and Information Technology (MIIT). ...  more

HD Renewable Energy hosted the groundbreaking ceremony for a solar farm in Penghu today (5th), which is not only the first solar farm on an outlying island for the company, but also makes HD Renewable Energy the first local energy company in transmitting green electricity back to Taiwan’s main island using the Taipeng submarine cable. ...  more

German equipment provider Manz AG announced that it has stopped further development of its CIGS thin-film PV technology and will terminate its involvement in the wider PV market because it has been unable to obtain outstanding payments from its Chinese partner Chongqing Shenhua Thin Film Solar Technology Co. Ltd. Manz will be writing off EUR 23.3 million (USD 23.6 million) after failing to reach an agreement with Shenhua. ...  more