News

Guangzhou Tinci Materials Technology Co. Ltd. (Tinci) announced on May 6 that it intends to invest in an expansion project that will add 300,000 metric tons per year of production capacity for lithium battery electrolyte solutions and 100,000 metric tons per year of recycling processing capacity for LFP batteries. ...  more

The global offshore wind power market continues to expand alongside each country’s constantly rising demand for renewable energy, and was estimated to sit at a scale of US$27.33 billion in 2021. New development plans will introduce additional commercial opportunities for developing countries within the next five years. ...  more

The board of directors of Taiwan Mobile approved the major target of attaining net zero mission by 2050 today, and promises to submit a net zero emission plan to the Science-Based Targets (SBT) initiative by the end of this year. ...  more

Texas is committed to developing solar energy, with 120 solar power plants planned in the next three years but counterintuitively, Texas is ignoring battery energy storage systems. ...  more

Indian PV glass manufacturer Borosil Renewables and European counterpart Interfloat Corporation have signed an agreement under which the former will acquire 100% of the stake in the latter. ...  more

Tesla presents both an opportunity and a challenge for traditional auto manufacturers that are undergoing an EV transformation. Various manufacturers have been attempting to enlarge their competitive advantages in EVs from different angles, and for the hundred-year-old car maker General Motors (GM), the target is to produce EVs that are more affordable. ...  more

Has establishment of solar systems postponed the decommissioning of coal-fired power plants? US public utility company NiSource Inc commented several days ago that it will delay the shutdown of its coal-fired power plant in Indiana. The solar import investigation initiated this year has drastically delayed the establishment of renewable energy facilities that were prepared to replace fossil fuels.   ...  more

Germany's Volkswagen Group and its partners plan to invest 10 billion Euros in Spain to manufacture EVs and batteries. This figure is 3 billion higher than Volkswagen's previous promise.  ...  more

Tesla's Texas factory officially began to deliver cars in May. However, massive human resources are what it currently needs the most. ...  more

Like its competitors, battery manufacturer Envision AESC (Envision) is aggressively expanding production capacity to meet the rising demand related to electric vehicles and energy storage systems. ...  more