News

In view of the surging demand for energy storage technologies, China’s leading electricity meter manufacturer Linyang Energy has again partnered with major domestic battery manufacturer EVE to invest in a joint venture that will attempt the seize the growth initiative in this booming market. ...  more

Extreme weather has plunged the whole of southern Europe into heat waves, droughts, and wildfires. Many areas in Italy are facing water depletion and agriculture must limit water use. At a time when water resources are precious, a large amount of water is actually lost to leaking pipelines at all levels. Italy's pipeline leakage rate is as high as 42%, compared with only 3% in Israel, which is famous for its water conservation. ...  more

China’s leading domestic cathode supplier Easpring has been aggressively courting partners across the lithium battery supply chain. A new member has been added to its group of strategic partners that include SK Group, Huayou Cobalt, Lishen, and WeLion. On July 16, Easpring signed a strategic cooperation agreement for 2022-2025 with QingTao (Kunshan) Energy Development. The event was then formally announced on the next day. ...  more

Taiwan Cement announced today that the company is now an official member of Climate Group’s EP100. It is the first major manufacturer in Taiwan to be joining EP100, and the fourth cement company in the world to have passed the EP100 review. Taiwan Cement also promises to incorporate the ISO50001 energy management system for all of its cement plant 2030 in the hope achieving a 50% increase in energy productivity by 2040 compared to that of the 2016 base year.  ...  more

South Korea's Hyundai Group has spared no effort to develop electric vehicles. From the perspective of pure electric platforms, it can be said that it is following in the footsteps of Tesla. Now it has announced that it will launch a low-cost electric car with a target price of 20,000 euros. ...  more

Tesla battery supplier Panasonic's first-quarter financial report was released and revenue fell 39% due to the impact of China's lockdown and rising battery raw material costs. ...  more

Delta hosted an online earnings call today (29th) and announced its financial statements and 1H22 performance. When looking ahead to 2H22, Yancey Hai, Chairman of Delta, commented that there has been a mitigation in material shortages, and is optimistic towards 2H22 performance. ...  more

The Raw Material Division of China’s Ministry of Industry and Information Technology (MIIT) reported in mid-July that China’s production capacity for rolled PV glass grew by 121.6% year on year for the first half of 2022. ...  more

TBEA announced on July 12 that its subsidiaries Xinte Energy, Xinjiang Xinte Crystal Hi-Tech, Inner Mongolia Xinte Silicon Materials, and Xinte Silicon New Materials have signed a strategic cooperation sale and purchase agreement with Shuangliang Silicon Materials (Baotou). ...  more