Suppliers for Li-ion batteries have begun to release their 1Q23 earnings reports starting in the middle of April, and many of the major suppliers have posted impressive results. ...  more
News
Jolywood and Baida Seiko to Jointly Invest in 13.5GW TOPCon Cell Project |
| published: 2023-04-27 9:30 |
Jolywood, a major Chinese PV product manufacturer, announced on April 17 that it, along with its subsidiary Zhongtai Jolywood, signed a cooperation agreement with Baida Seiko and its subsidiary Jiangxi Baida. ...  more
Tesla Prices Drop Back to Levels from Two Years Ago, Ford’s Electric Pickup Increases US$20,000 |
| published: 2023-04-27 9:30 |
Traditional automakers are facing increasing cost pressures while observing Tesla's declining prices in the electric vehicle market. Meanwhile, EV competitors are not only failing to follow suit, but are raising prices themselves, leading to a shift in the competitive landscape in the EV segment. ...  more
Envision AESC Signs Agreement to Develop Phase 2 of Ordos Battery Project |
| published: 2023-04-27 9:30 |
Chinese battery supplier Envision AESC formally signed the agreement with the governments of Ordos and Yijinhuoluo County for the development of the phase 2 of its Ordos battery project. The signing ceremony was held in Shanghai on April 14. ...  more
Shangji to Invest in New Plant for Manufacturing PV Modules |
| published: 2023-04-26 9:30 |
Shangji Automation recently announced its plan to build a new plant for manufacturing PV modules in the economic development zone of Jiangyin, a county-level city administered by Wuxi in China's Jiangsu Province. ...  more
KEDA Posted Net Profit of RMB 4.251 Billion for 2022 |
| published: 2023-04-26 9:30 |
KEDA Industrial Group, a Chinese machinery company, released its annual report for 2022 on April 14. According to the report, the company posted a realized annual revenue of RMB 11.157 billion, showing a YoY growth of 13.89%. ...  more
Ørsted Partners with TCC for Onshore Substation Contract |
| published: 2023-04-26 9:30 |
Ørsted announced on the 27th that it has signed a contract with Taiwan Cogeneration Corporation (TCC) to construct a 920 MW onshore substation for the second phase of the Greater Changhua South West and North West offshore wind farms. ...  more
GCL-Poly to Abandon Pricey US Expansion Plans |
| published: 2023-04-26 9:30 |
Bloomberg reports, “US policies are attractive, but not attractive enough.” GCL-Poly Energy Holdings, the world’s second-largest manufacturer of polysilicon, is considering opening its first overseas factory. However, it may abandon plans to build a factory in the United States due to high costs. ...  more
Carbon Fee Imposition under Planning; EPA: Initially Imposed on Power and Manufacturing Industries with 25K tons Annual Carbon Emission |
| published: 2023-04-25 9:30 |
How does one impose carbon fees? Will it lead to a transfer of cost? The Environmental Protection Administration (EPA) of the Executive Yuan in Taiwan has commented that the imposition of carbon fees is still currently under planning, where power and manufacturing industries with an annual emission of more than 25K tons are set as initial targets, and those who are imposed with the fees can propose their own reduction plans in accordance with suitable rates. ...  more
Scientists Create Edible Rechargeable Battery that Can Be Safely Ingested |
| published: 2023-04-25 9:30 |
How can we make batteries in medical devices safer and lessen their impact on the human body? Recently, Italian scientists have developed a completely edible and rechargeable battery that can be safely ingested. ...  more