News

The last section of the power battery industry chain is battery recycling and material recovery, and it has been attracting much attention lately. To capture the huge potential business opportunities in this section, GEM’s wholly-owned subsidiary “Wuhan Power Battery Regeneration Technology Co. Ltd.” is raising capital from strategic investors in order to build facilities for processing decommissioned batteries. GEM is a major Chinese supplier for battery materials. ...  more

Energy storage supplier Fluence announced it would be joining hands with Taiwanese power conversion and energy storage company Rich Electric in engaging in TPC’s AFC auxiliary service by co-developing the first 100MW battery energy storage system in Taiwan, which is scheduled for completion in Hualien during 2023, and serves as one of the current largest energy storage AFC projects of Fluence in Taiwan. ...  more

Inventec announced at the night of the 11th on behalf of its subsidiary Inventec Solar Energy that the Taoyuan District Court has turned down the latter’s filing of bankruptcy, which means that the subsidiary has now settled all bank debts and is able to conduct subsequent shut down of business without having to go bankrupt. ...  more

The spread of the pandemic has driven long-distance work opportunities and the demand for electric vehicles (EV) and energy storage systems has increased. The aforementioned reasons have led to an increase in Taiwan's lithium-ion battery exports. According to the Bureau of Foreign Trade of the MOEA, Taiwan's lithium battery exports from January to May 2022 increased significantly by 86.1%. ...  more

In order to assist the industry in responding to international net zero emissions and the carbon management needs derived from the trend of green supply chain carbon reduction, the Chinese National Federation of Industries (CNFI) held the " Inaugural Industry Carbon Neutrality Alliance Conference" today (8) with a total of 30 industry associations to jointly declare a goal of moving towards net zero emissions by 2050 and establish a new carbon reduction model of "leading small with big." ...  more

Chinese integrated PV product manufacturer Tongwei announced on June 22 that its five subsidiaries together have signed a long-term supply agreement with Yunnan Yuze, a unit of Yuze Semiconductor. Under the agreement, Tongwei’s subsidiaries will be supplying polysilicon to Yunnan Yuze over the next several years. ...  more

ATrack Technology announced on June 29 that it is optimistic about the logistics, transportation, and fixed asset tracking business opportunities in Central and South American markets. ...  more

The Russian-Ukrainian war and sanctions imposed on Russia by Europe and the United States have caused chaos in global crude oil supply and demand. ...  more

Taiwan Power Company (Taipower) today (July 7) announced that to ensure stable power supply and protect marine ecosystems, it has devised the “eastward shift” plan for its gas storage construction project involving land reclamation. ...  more

Chinese power equipment and cable supplier Zhongli Group announced on June 23 that a newly formed affiliate of its PV subsidiary Talesun has entered into a supply agreement with MEJ Energy. ...  more