News

New Global Wind Power Dropped to 86GW in Installed Capacity; Bloomberg: Goldwind Replaces Vestas as Champion

published: 2023-03-30 9:30
BloombergNEF’s 2022 Global Wind Turbine Market Shares report indicates that global installed capacity of wind power had arrived at 86GW in 2022 after China and the US, the two largest markets in the world, had halted in installation growth, where most hoisting of new wind turbines came from onshore win power at 89%, while new installed capacity of offshore wind power had dropped to 9.1GW under a YoY reduction of 46%. ...  more

Tongwei Starts Phase 2 of its High-Purity Polysilicon Project in Yunnan

published: 2023-03-29 9:30
Tongwei (Yunnan Tongwei) announced that the phase 2 of its high-purity polysilicon project in China’s Yunnan Province formally commenced construction on March 21. Located in Baoshan Industrial Park, the phase 2 of the project is set to have a production capacity of 200,000 tons per year. All in all, the start of the phase 2 marks another significant toward Tongwei’s goal of becoming a leader in the polysilicon section of the PV industry chain. ...  more

Sale of TECO Electric Buses to Triple this Year! Company President Thomas Fann Says Push for Electric Logistics to Begin Again

published: 2023-03-28 9:30
TECO attended the 2023 Smart City Summit & Expo, with this year’s theme being “Digital Transformation & Green Transition”, to propose a number of sustainability solutions at the Net Zero City Expo. These solutions are aimed at creating a more sustainable environment for businesses and smart cities. Thomas Fann, president of TECO, shared TECO’s projections of tripling sales of electric buses and the company’s plan to start launching electric logistics vehicles. ...  more

Great Power Has Been Approved by CSRC to Raise RMB 3.4 Billion for Energy Storage Battery Base

published: 2023-03-28 9:30
Great Power, a Chinese battery supplier, announced on March 20 that it plans to raise RMB 3.4 billion to build a base for manufacturing energy storage batteries. According to the latest related information that EnergyTrend has received, the China Securities Regulatory Commission (CSRC) has approved Great Power’s application to launch a private placement that will raise the fund for the development of the base. ...  more