The global offshore wind power market continues to expand alongside each country’s constantly rising demand for renewable energy, and was estimated to sit at a scale of US$27.33 billion in 2021. New development plans will introduce additional commercial opportunities for developing countries within the next five years. ...  more
News
Taiwan Mobile Board of Directors Promises to Attain 2050 Net Zero Emission and Elevate Green Energy Applications |
published: 2022-05-09 9:30 |
The board of directors of Taiwan Mobile approved the major target of attaining net zero mission by 2050 today, and promises to submit a net zero emission plan to the Science-Based Targets (SBT) initiative by the end of this year. ...  more
Texas Plans a Lot of Solar Plants, but No Energy Storage? |
published: 2022-05-09 9:30 |
Texas is committed to developing solar energy, with 120 solar power plants planned in the next three years but counterintuitively, Texas is ignoring battery energy storage systems. ...  more
Borosil to Expand PV Glass Production by Acquiring Interfloat |
published: 2022-05-09 9:30 |
Indian PV glass manufacturer Borosil Renewables and European counterpart Interfloat Corporation have signed an agreement under which the former will acquire 100% of the stake in the latter. ...  more
How to Beat Tesla? GM CEO: Cheaper EVs |
published: 2022-05-07 9:30 |
Tesla presents both an opportunity and a challenge for traditional auto manufacturers that are undergoing an EV transformation. Various manufacturers have been attempting to enlarge their competitive advantages in EVs from different angles, and for the hundred-year-old car maker General Motors (GM), the target is to produce EVs that are more affordable. ...  more
Turmoil in US Solar Industry to Postpone Decommissioning of Coal-Fired Plants by Another Two Years |
published: 2022-05-06 9:30 |
Has establishment of solar systems postponed the decommissioning of coal-fired power plants? US public utility company NiSource Inc commented several days ago that it will delay the shutdown of its coal-fired power plant in Indiana. The solar import investigation initiated this year has drastically delayed the establishment of renewable energy facilities that were prepared to replace fossil fuels. ...  more
Volkswagen Will Invest about 10 Billion Euros in Spain to Make EVs and Batteries |
published: 2022-05-06 9:30 |
Germany's Volkswagen Group and its partners plan to invest 10 billion Euros in Spain to manufacture EVs and batteries. This figure is 3 billion higher than Volkswagen's previous promise. ...  more
Tesla's Texas Gigafactory Hires Talents of All Levels |
published: 2022-05-06 9:30 |
Tesla's Texas factory officially began to deliver cars in May. However, massive human resources are what it currently needs the most. ...  more
Envision AESC to Build New Production Bases in China and US |
published: 2022-05-06 9:30 |
Like its competitors, battery manufacturer Envision AESC (Envision) is aggressively expanding production capacity to meet the rising demand related to electric vehicles and energy storage systems. ...  more
SAS Attained NT$2.16 EPS for Q1 and Plans to Issue NT$4.5 Cash Dividend in Second Half of 2022 |
published: 2022-05-06 9:30 |
The board of directors of wafer supplier Sino-American Silicon Products (SAS) approved the financial report for the first quarter of 2022 on the 5th. The company attained a consolidated revenue of NT$18.769 billion, with a gross revenue of NT$7.462 billion, as well as a net operating profit of NT$6.205 billion, and a profit before tax of NT$703 million. A profit after tax of NT$1.265 billion was attributable to the parent company at an EPS of NT$2.16. ...  more