News

SEIA Warns That Proposed 50-250% Duties on Module Imports from Southeast Asia Will Reduce PV Installations in the US by 18GW

published: 2021-10-11 9:30
The PV industry in the US is embroiled in a serious infighting over imports of PV products from China and Southeast Asia. With the enforcement of the Section 201 tariffs set to end in February 2022, a group of anonymous American solar enterprises are now lobbying the US Commerce Department to impose even higher tariffs on modules and cells from other countries, especially imports from Southeast Asia. ...  more

Cost for EV Battery Pack to Continuously Drop by More Than 87%

published: 2021-10-08 9:30
Lithium-ion battery is the component with the highest cost proportion for an electric vehicle. Generally speaking, li-ion batteries take more than a third of an EV's cost, or nearly 50%. However, according to the latest statistics,  between 2008 and 2021 , the costs of li-ion battery packs have  been falling  by as much as 87%. In the future, these costs are expected to keep falling. ...  more

Switzerland Releases New Robust and Durable High Speed Solar Configurable with Wind Turbines

published: 2021-10-08 9:30
The lack of shades from the flat high road surface, coupled with the endless stream of vehicles, and the significant level of insolation and wind, may become an optimal environment for the development of renewable energy. Energy Pier headquartered in Switzerland has provided a new power source for highways by utilizing a rooftop solar “footbridge” and wind turbines that can be used as pillars, which branches out a new distributed energy on traffic paths. ...  more

Indonesia Is All Set to Welcome the Fastest EV Charging Station in the World Courtesy of Desten, with a Five-Minute Charging Lasting for 500 km

published: 2021-10-07 15:05
Are charging issues difficult to resolve? The Indonesian market is set to welcome the fastest ultrafast charging solution in the world, via charging modules provided by Hong Kong-based startup Desten. Desten’s solutions are capable of charging EVs from zero to 80% full within a mere four minutes and forty seconds. ...  more

Taiwan’s TPC to Issue NT$12.7 Billion Worth of Green Bonds in November to Propel Establishment of Green Energy

published: 2021-10-07 9:30
In order to raise the required funds for the implementation of green energy and power development, the Taiwan Power Company announced today (7th) that it is scheduled to issue the third commonly unsecured corporate bond in 2021 at NT$12.7 billion in mid-November, of which the 7-year corporate bond of NT$6.4 billion has been approved in eligibility for green bonds by the Taipei Exchange, and will be used for the green investment program of “development of renewable energy and energy technology”. ...  more

CSG to Add 36GW of PHES in Next 15 Years

published: 2021-10-07 9:30
Chinese news agencies and websites reported on September 23 that state-run utility China Southern Power Grid (CSG) will be investing to massively expand its energy storage capacity between the period from the 14th to 16th Five-Year Plan. In particular, CSG plans to install 36GW of pumped hydroelectric energy storage (PHES) in order to support the transition to an electric power system based on new energy technologies. CSG unveiled this investment project to local media via its subsidiary that is responsible for load and frequency management, and the intention behind the project is to help the central government achieve its targets related to peak and net-zero CO2 emissions. ...  more

Taiwan’s MOEA Claims Green Energy Infrastructure Build-Out Affected by COVID-19 as Green Energy Accounts for Only 5.5% of Taiwan’s Total Energy Generation in 2021, Falling Short of 12% Target

published: 2021-10-07 9:30
Taiwan has been setting discrete goals regarding renewable energy installation every year in order to have renewable energies account for 20% of the island’s total electricity supply in 2025. Thanks to the impact of the COVID-19 pandemic this year, however, Taiwan will find it difficult to achieve its goal of 12% this year, as renewable energy current accounts for only 5.5% of Taiwan’s electricity supply. ...  more