News

Yu Chang Power Solar PV Plant (hereinafter referred to as Yu Chang Power) officially signed a syndicated loan contract for project financing at NT$2.1 billion with KGI Bank, Esun Bank, and Taipei Fubon Bank on November 29th, and is expected to generate 58 million kWh of power each year in the future that will attain a carbon reduction level equivalent to the size of the Daan Forest Park. ...  more

In order to tackle a simmering energy crisis, the Chinese government has abandoned carbon reduction and given orders to expand coal production. Regarding the issue of alleviating energy shortages, official data shows manufacturing in large-scale Chinese factories is currently recovering. ...  more

The SinoPac Taiwan EV supply chain ETF was approved on the 6th of December amidst the threats of the new mutated variation Omicron and the turbulent overseas financial market, and managed to raise more than NT$4 billion of funds within a week, as well as generate interests for tens of thousands of investors, who are now a part of the prolonged development of the EV supply chain in Taiwan. ...  more

Tesla quietly launched an electric four-wheeled all-terrain vehicle, the Cyberquad for Kids, on its website for $1,900; the kid-friendly ATV was, unsurprisingly, sold out within half a day. ...  more

BCC, a major Chinese supplier for various chemicals and advanced materials, announced on November 11 that it will be investing a total of RMB 750 million to build production plants for Li-ion batteries and graphite materials. The development of these projects will be carried out by its subsidiary Higee Energy and sub-subsidiary Ningxia Baichuan New Materials. ...  more

Chinese news platform Nanfang Daily reported on November 27 that construction has commenced for a series of PV projects located in Gaozhou, a county-level city administered as a part of prefecture-level city Maoming in Guangdong Province. ...  more

A development of MW-grade solar power plants would first require extensive land area to install tens of thousands of solar panels, which is not an easy task for island countries that are small in territory and large in population. That is why installations of offshore solar modules may be a good choice. The Netherlands is recently testing the feasibility of thin film solar for offshore applications. ...  more

The International Energy Agency (IEA) said that as of this October, governments around the world have allocated approximately US$470 billion for investments related to clean energy for the period up to 2030. Some of this amount is allocated to clean energy programs that are initiated as economic stimulus measures in response to the effects of the COVID-19 pandemic. Compared with this July, the level of global investments has gone up by about US$90 billion or 20%. ...  more

German energy multinational RWE AG announced on December 6 that it will invest EUR 15 billion through to 2030 to develop renewable energy projects in Germany. ...  more