Category Archives: News

LG Energy Solution Plans to Begin Mass Production for All-Solid-State Batteries in 2026

published: 2021-07-30 9:30 | editor | category: News
Park Jinyong, Asia marketing manager for LG Energy Solution, said that his company is currently developing a polymer lithium-sulfur battery. This new generation of all-solid-state battery technology, which is expected to offer even higher energy density, lower weight, and greater safety, could be applied to electric vehicles, drones, and remote-controlled crafts. ...  more

Canada Bans Fossil-Fuel Vehicles and HEVs 5 Years In Advance to Accelerate Carbon Reduction

published: 2021-07-29 9:30 | editor | category: News
In order to construct a new economy that withstands climate change, the Government of Canada has announced that the country will comprehensively ban the sales of fossil fuel vehicles by 2035. It also proposed a stricter standard that requires all vehicles to be zero-emission by then, which means that HEVs will also be banned at that time. ...  more

Tech Giants Facilitate Threefold Upgrades in Volvo’s EV Technology 

published: 2021-07-28 9:30 | editor | category: News
Volvo officially announced its new concept electric vehicle in an online presentation on July 1. In an effort to prepare for its comprehensive electrification strategy for 2030, the company has sought the help of tech giants such as Google, Nvidia, and Luminar to assist it with its integration of automotive software and hardware and to help it to further upgrade its automotive technology. ...  more

Aiko Solar Plans to Raise RMB 3.5 Billion for Capacity Expansion

published: 2021-07-28 9:30 | editor | category: News
Aiko Solar announced recently that it plans to raise RMB 3.5 billion in a private placement of Class A shares. Excluding the transaction fee, the net proceeds of the share placement will be used to build production capacity in the Chinese city of Zhuhai and Yiwu. The company plans to add 6.5GW in Zhuhai and 10GW in Yiwu. The first phase of the latter project will add 2GW. Aiko is a major Chinese manufacturer of PV cells with production bases in the Chinese provinces of Zhejiang and Guangdong. ...  more

Formosa 2 to Apply for the Second Project Extension as Pandemic Disrupts Offshore Wind Power Construction

published: 2021-07-26 9:30 | editor | category: News
The recent circulating rumor regarding how the COVID-19 pandemic disrupted the construction progress of Taiwan’s Formosa 2 offshore wind farm project has derived concerns from the lead bank of syndicated loan, and may impact the implementation of renewable energy policies as well as the stability of subsequent power supply. ...  more