Guangdong Tonze Electric Co. Ltd. announced on August 2 that it has signed an investment agreement with the government of Ruichang. Under the agreement, Tonze will set up a local base for the mass production of LiPF6 (lithium hexafluorophosphate), high-purity LiF (lithium fluoride), and other related chemical products. In terms of production capacity, the base will have 30,000 tons per year for LiPF6 and 6,000 tons per year for LiF. Tonze will be committing an initial investment of around RMB 3 billion. Ruichang is a county-level city in China’s Jiangxi Province. ...  more

Formosa Plastics, Nan Ya Plastics, Formosa Chemicals & Fibre, and Formosa Petrochemical announced today that they have issued a TCFD report for the first time, revealing relevant information in response to climate change from four key aspects including the replacement of gas boilers and the introduction of biomass raw materials, waste-derived fuels and other low-carbon technologies, building renewable energy such as solar energy, hydropower and wind power, and conducting research on technologies such as carbon capture, storage, utilization, and hydrogen energy. ...  more

According to the reporting by Chinese news outlets, the “Design Guidelines and Key Points of Evaluation Pertaining to Adoption of Energy Conservation Measures for Civil Buildings in Chengdu” (the “Chengdu guidelines”) came into effect on August 1. ...  more

Canadian company Anaergia is working with Japanese real estate group Toyo’s renewable energy division on building a large cow manure power plant in Japan. As the name suggests, a cow manure power plant converts cow manure from animal husbandry to biofuel in the hope of transforming the significant greenhouse gas methane into new energy. ...  more

CNGR Advanced Material and Huayou Cobalt, which are among the major Chinese suppliers for battery materials, have respectively signed an agreement with Tesla for the provisioning of ternary precursors. CNGR and Huayou both made the announcement on July 31. ...  more

On August 2, China Energy Engineering Corp. (Energy China) released the shortlist of the selected potential bidders for its 6GW PV inverter tender. ...  more

China’s PV industry grew rapidly during the first half of 2022, according to the country’s Ministry of Industry and Information Technology (MIIT). ...  more

German equipment provider Manz AG announced that it has stopped further development of its CIGS thin-film PV technology and will terminate its involvement in the wider PV market because it has been unable to obtain outstanding payments from its Chinese partner Chongqing Shenhua Thin Film Solar Technology Co. Ltd. Manz will be writing off EUR 23.3 million (USD 23.6 million) after failing to reach an agreement with Shenhua. ...  more