Category Archives: News

Germany Restarts Coal-Fired Power Generation to Replace 1-2% of Gas-Fired Generation

published: 2022-08-19 9:30 | editor | category: News
Germany is one of the leading countries in promoting carbon reduction. In the second half of her term, Merkel had largely eliminated reliance on coal-fired power generation. Coupled with its nuclear abolition policy after Japan’s 311 incident, energy is highly dependent on natural gas. Now the Russian-Ukrainian war has put the supply of natural gas into crisis, so Germany has returned to call on these obsolete coal-fired power plants, hoping to restart them as a delaying tactic, but restarting is not as simple as flipping a switch. ...  more

Shipments of Anode Materials in China Reached Around 500,000 Tons for First Half of 2022; Country’s Annual Total Could Surpass 1.15 Million Tons

published: 2022-08-19 9:30 | editor | category: News
China exhibited strong and growing demand for Li-ion batteries used in electric vehicles and energy storage systems during the first half of this year. On other hand, the country’s demand for Li-ion batteries used in consumer electronics was anemic in the same period. Global market intelligence firm TrendForce notes that shipments of anode materials in China totaled around 500,000 tons for the first half of 2022, showing a year-on-year growth rate of 56%. TrendForce also projects that the total shipments in the country for the whole 2022 could surpass 1.15 million tons. ...  more

Shuanliang Eco-Energy Systems Raised RMB 3.488 Billion to Initiate the First-Phase Development of a 40GW Base for Manufacturing Mono-Si PV Products

published: 2022-08-17 9:30 | editor | category: News
Shuangliang Eco-Energy Systems announced on August 8 that it has completed an A share private placement. The proceeds from this round of fundraising came to RMB 3.488 billion and will be mainly used to grow the company’s PV business. This announcement was first picked up by other Chinese renewable energy news outlets. ...  more

Foxconn, Quanta, and Wistron Responded to Sichuan’s Power Restriction

published: 2022-08-16 9:30 | editor | category: News
Sichuan Government, amidst the consecutive days of high temperature, announced that all businesses are to suspend production for six days until midnight on August 20th in order to ensure grid safety by placing priority on public power consumption. As the market worries that such implementation may affect Taiwanese suppliers, Foxconn responded that the company has not received any major impact, while Quanta and Wistron responded with “no impact”. ...  more

Europe’s Risen Wind Power to Help Mitigate Power Supply Crisis under Heat Wave

published: 2022-08-16 9:30 | editor | category: News
With the arrival of the heat wave in Europe, natural gas and nuclear power plants are unable to fully exert their generation under such high temperature, and has thus resulted in power inhibitions for the entire continent. Fortunately, Bloomberg’s model projects that Europe’s wind power generation would start to increase next week, which means that not only is the power supply crisis slightly mitigated, but also a reduction in temperature. ...  more