News

Xpeng Motors Announces ~US$500mn Series C+ Financing

published: 2020-07-21 13:00
Xpeng Motors (the “Company”), a leading smart electric vehicle (“Smart EV”) company in China, today announced the signing of its Series C+ financing of around US$500 million with a group of investors including Aspex, Coatue, Hillhouse Capital and Sequoia Capital China. ...  more

Taipower Restarted No. 1 Coal Unit of Taichung Power Plant in Preparation for a New Record High in Summer Electricity Consumption

published: 2020-07-21 10:30
Taiwan has broken record in electricity consumption for two days straight as the island reels under the oppressive heat of this summer. Anticipating that electricity demand will continue to climb, Taipower reactivated the first coal-fired generation unit (here referred to as the No. 1 Coal Unit) of the Taichung Power Plant late at night on July 14 and reconnected it to the grid in the morning of the next day. The public utility stated that ramping up the capacity of the power plant is necessary to ensure an adequate supply of electricity. ...  more

JinkoSolar Large-Area N-Type Monocrystalline Silicon Solar Cell Reaches Record High Efficiency of 24.79%

published: 2020-07-21 4:00
JinkoSolar Holding Co., Ltd. (the "Company," or "JinkoSolar") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that the maximum solar conversion efficiency of its large-area N-type monocrystalline silicon solar cells reached 24.79%, and have set a world record for large-size contact-passivated solar cells. This result was independently confirmed by the Institute for Solar Energy Research in Hamelin (ISFH), Germany.  ...  more

Economies Adopting Regulations to Promote Ancillary Services for Renewable Energy Penetration, Europe to Take Lead in Ancillary Services for Power Market: TMR

published: 2020-07-18 18:00
Ancillary services occupy key role in maintaining the reliability of electricity grids and quality of power in the light of constant fluctuations in distributed power generation. Intermittent renewable energy integration, notably of wind and solar energy, is a key part of evolution of demand for ancillary services for power industry. ...  more

Oscilla Power plans to demonstrate utility-scale ocean wave energy in India

published: 2020-07-17 21:00
Oscilla Power Inc. would like to announce that they are now in the planning stages of a demonstration of their 1MW 'Triton' ocean wave energy system in Southern India. The particular location targeted for this utility-scale project is adjacent to Vizhinjam International Seaport, near Thiruvanathapuram, in the state of Kerala. ...  more