News

Microsoft Signs PPA with Nuclear Fusion Company Helion Energy

published: 2023-05-12 9:30

Microsoft announced on May 10th that they have signed a power purchase agreement (PPA) with nuclear fusion company Helion Energy. The latter plans to initiate operation for the first nuclear fusion power plant before 2028 at a targeted power generation of 50MW. ... more

Alcoholic Beverage Company Wuliangye Invests RMB 1 Billion to Develop Renewable Energy Businesses

published: 2023-05-12 9:30

Wuliangye, a major player in China's Baijiu market, has long been recognized for its brewing techniques and cultural heritage. However, in recent years, the company has also entered the field of new energy technologies with the aim of developing its own renewable energy businesses. ... more

Jhongli Factory to Boost Profitability in Second Half of Next Year! GUS Tech to Debut on Emerging Stock Market at TWD 30 May 12

published: 2023-05-11 17:15

GUS Technology, guided by Fubon Securities, is set to hold an investor briefing before its debut on the Emerging Stock Market on May 12th, with a listing price of TWD 30 per share. ... more

Europe to Take Off in Energy Storage and Potentially Arrive at 95GW in Installed Capacity by 2050

published: 2023-05-11 9:30

British research institution Aurora Energy Research pointed out that Europe will be increasing its quantity of 10MW grid-grade energy storage systems each year, and could arrive at an accumulated capacity of 42GW by 2030, before potentially reaching 95GW by 2050. This also means that the period between 2023 and 2050 will see more than EU€70 billion of accumulated investment opportunities. ... more

OpenAI CEO Invests in Nuclear Fusion Startups as Technology Gains Traction

published: 2023-05-11 9:30

OpenAi CEO Sam Altman, a prominent figure in the tech world and former president of startup accelerator Y Combinator, has made a significant investment in nuclear fusion startup Helion Energy. Altman’s involvement has brought increased attention to the potential of nuclear fusion technology. ... more

BYD Obtains Status of Qualified Lithium Producer in Chile

published: 2023-05-11 9:30

Since 2022, BYD has been reportedly investing in lithium mines outside China. In an interview with the Chilean news media last year, Stella Li, BYD’s executive vice president, said that her company plans to secure partnerships with lithium suppliers around the world. She added that BYD was negotiating for a mining project in Chile and applying for a permit to process raw materials and manufacture battery cathode materials locally. ... more

SEMCORP’s Billion-Yuan Separator Project Enters Operation

published: 2023-05-10 9:30

On May 8, a ceremony was held to mark the activation of the phase 2 of SEMCORP’s latest separator project. ... more

Tandem Solar Arrives at New High in Conversion Efficiency at 33.2%

published: 2023-05-10 9:30

There is often intriguing development when combining silicon solar panels, which currently possess the best cost-performance ratio, with the rising star of PV material, perovskite solar. ... more

Risen Energy Will Invest RMB 8.465 Billion to Establish Integrated Energy Base with 10GW per Year of Crystal Growing Capacity in Inner Mongolia

published: 2023-05-10 9:30

Risen Energy announced in late April that it will be building an integrated energy base in the city of Baotou in China’s Inner Mongolia Region. The base will provide renewable generation, energy storage, and power distribution. ... more

Hewang New Energy to Invest RMB 5 Billion in Base for Manufacturing PV Products in Anhui

published: 2023-05-10 9:30

Chinese news outlets reported in late April that Hewang New Energy has formalized its plan to build a base for manufacturing silicon crystal ingots, silicon wafers, and PV cells in Huainan, a prefecture-level city in China’s Anhui Province. ... more

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