News

Hon Hai, also known as Foxconn, has announced a massive investment in renewable energy at its Wisconsin plant. On March 9th, the company declared that it has invested over $1 billion in the plant and will employ over 1,000 workers locally. The announcement came as Hon Hai unveiled plans to expand the use of solar power in its manufacturing process. ...  more

Despite comprehending urgency in mitigation for climate change that requires swift actions in energy and industry transformations, governments of various countries still managed to arrive at an all-time high in subsidization for fossil fuel energy at US$1 trillion during 2022. ...  more

On March 8, Sunwoda announced a plan to issue no more than 599 million shares to a maximum of 35 specific investors. With this private placement, Sunwoda aims to raise up to CNY 4.8 billion that will be used to fund the followings: (1) the development of a project for manufacturing and testing SiPs; (2) the development of a project for manufacturing high-performance Li-ion cylindrical batteries for consumer electronics; (3) the supplementary working capital. ...  more

As the first step towards the global market, Taiwan Carbon Assets’ (TCA) smart charging brand BEGIN partnered with Australia-based OAK Energy to hold an inauguration ceremony of smart chargers in Hope Island Marketplace, a destination in Gold Coast, Australia. This milestone demonstrated that the vehicle charging company has expanded its services overseas. ...  more

Nissan, once a leader in electric vehicles, had reportedly been looking to make a comeback with its all-electric SUV, the Ariya. However, recent reports indicate that the company may not be able to produce even one-third of its original target of 150,000 Ariya EVs per year due to production capacity issues. This comes as a significant blow to the automaker, which had been counting on the Ariya to lead its resurgence in the competitive EV market. ...  more

Analysis of the International Energy Agency (IEA) pointed out that new power plants around the world will essentially be established on renewable and nuclear energy throughout the next several years, while power generation through fossil fuels that are currently mainstream would gradually phase out due to environmental pollution. ...  more

The perfect triangle space between solar panels and rooftops, despite being a perfect nesting area for birds, comes with risks of electric shocks and fire hazards. A Dutch startup has now released an exclusive fence that can be easily installed without disassembling any modules or the use of any nails, and is able to easily block out nesting from birds.  ...  more

From electric supercars to commercial automotive and battery energy storage systems, XING Mobility not only showcased its IMMERSIO Cooling Battery today (14th), but also announced an expansion of its overseas markets by offering patented batteries of mobile high-voltage charging piles for Nordic Booster at 2MWh, which is equivalent to the monthly power consumption of more than 100 households. ...  more

PTL announced in February that its board members had approved the plan to spin off the company’s subsidiary KATOP and have it listed in a domestic stock exchange. In order for KATOP to become a separate limited holding company, PTL will also undergo a shareholding restructuring. ...  more

On March 7, Vision Group announced in a public notice that the company plans to sign a project investment agreement for a 5GWh Li-ion battery production line with the government of Jingshan. The total fixed asset investment of the project will come to around 1.05 billion yuan, the majority of which will be allocated to the setup of the production line. Jingshan is a county-level city in China’s Hubei Province. ...  more