News

Power Master International Investment Holdings Co., Ltd. (hereinafter “PM Intl”), a Taiwanese company focusing on PV system engineering, procurement and construction (EPC), has applied for registration on the Emerging Stock Board (ESB). The company’s stock is expected to be available for trading in the Emerging Stock Market on October 25, with a reference price of NT$55 ($1.97). ...  more

In order to implement the net-zero emission movement, Taiwan Cement hosted the groundbreaking ceremony for the largest lithium battery plant in Taiwan at Siaogang of Kaohsiung today. ...  more

Chinese news outlets reported that Chinese renewable energy firm MYSE has entered an agreement to construct a plant that is capable of producing 5GW of HJT cells annually in Yancheng, a city in Jiangsu Province. ...  more

The latest round of tender prices for solar power plants in Saudi Arabia have risen drastically compared to that of early 2021 due to the inflation of solar raw material polysilicon, which clearly indicates the impact of escalating raw material prices on renewable energy. ...  more

BMW announced on October 6 that its VC arm BMW i Ventures has joined a group of strategic investors in the US$150 million Series B funding round for startup Lilac Solutions. ...  more

Chinese battery chemical supplier GEM announced on October 10 that it has signed a new MOU with South Korean cathode material supplier ECOPRO BM. ...  more

Korea IT News reported that LG Energy Solution will commence the mass production of EV batteries for GM’s first heavy electric truck this October. The initial shipments of these batteries will come from LG’s battery plant in South Korea. Next year, the manufacturing of LG’s batteries for GM’s EVs will be handled by Ultium Cells, a US-based joint venture of the two companies. Currently, LG and GM are jointly building two battery plants in the US, one in Tennessee and one in Ohio. According to Korea IT News, LG will be activating its production line dedicated to the manufacturing of the batteries for GM’s vehicles at the start of this fourth quarter. ...  more

Ford’s electric SUV Mustang Mach-E has now officially entered China. The company announced today that new vehicles will be assembled at the Chongqing plant, and Changan Ford expects to deliver the shipment to clients at the end of this year. ...  more

JinkoSolar (Jinko), one of the world’s leading suppliers for PV modules, formally begins the construction of its new production plant in China’s Anhui Province on October 19. ...  more

As foreign media reported, China is now relentlessly establishing gigantic renewable power plants, the scale of which equals all of the wind and solar power in India with a capacity of around 100 GW. ...  more