News

Chailease to Invest NT$10 B. in PV Power Systems in 2019

published: 2019-01-17 10:11

Chailease Finance Co., Ltd., under the auspices of Chailease Holding, will step up its investments in PV power systems, sinking another NT$10 billion in 2019. The investments will come on the heels of a rooftop PV power system at... more

LG Chem Will Invest KRW 1.2 Trillion to Expand Its Battery Plants in Nanjing

published: 2019-01-17 10:07

South Korea’s LG Chem announced on January 9 that it will invest KRW 1.2 trillion (USD 1.07 billion) to expand its two battery production plants located in the Chinese city of Nanjing. The initiation of this capacity expansion pr... more

Energy Bureau Plans to Raise Share of Rooftop PV Power

published: 2019-01-17 9:46

Thanks to better-than-expected performance, the Bureau of Energy, under the Ministry of Economic Affairs, has planned to raise the share of rooftop PV power in the nation's objective for PV power capacities. Total rooftop PV powe... more

Solar Cows Has Warm Reception at 2019 CES

published: 2019-01-15 13:48

A simple PV power device has been granted Innovation Awards at 2109 CES (Consumer Electronics Show), held in Las Vegas, thanks to its potential benefit for schoolchildren in poor countries. Developed by Yolk of South Korea, the d... more

Tesla Gigafactory 3 Breaks Ground in Shanghai

published: 2019-01-14 17:50

The first-phase construction of Gigafactory 3 of Tesla broke ground in Shanghai Linggang Industrial Area on Jan. 7. With investment exceeding 50 billion yuan, the factory is the largest foreign-invested project in the city up to n... more

Gogoro More Than Doubled Its Vehicle Sales and Reached Other Milestones in 2018

published: 2019-01-14 17:36

Taiwan-based electric scooter (e-scooter) startup Gogoro made great advances in 2018, and its successes have spurred other domestic vehicle manufacturers to earnestly compete in the e-scooter market. This year, Gogoro’s industry ... more

US-China Trade War Indirectly Forced Bill Gates to Give up Nuclear Partnership with China

published: 2019-01-09 15:35

Bill Gates, a co-founder of Microsoft Corp. and a founder of nuclear venture TerraPower, was forced to abandon an agreement with the China state-run China National Nuclear Corp (CNNC) and is seeking new partners for its early-stage trials because of the two reasons below. First, the US Department of Energy announced new restrictions on nuclear deals with China in October 2018 for the strategic importance of the US's nuclear technology. The second reason, according to Gates, was that the existing regulations in the United States had been too restrictive to build the new reactor's prototype. After its plan with CNNC is halted, Terra Power is not sure which country will be the next partner. In 2017, TerraPower LLC reached an agreement with China's CNNC. They planned to build an experimental nuclear reactor south of Beijing. Its lab planned to use depleted uranium as the fuel, in order to improve safety and reduce costs. The firm's CEO Chris Levesque pointed out that the company is regrouping and hope to find another partner. (Article by TechNews; Photo credit: OnInnovation via Flickr CC BY 2.0) ... more