China Evergrande New Energy Vehicle Group said it will start accepting orders for its inaugural electric car, the Hengchi 5 sport utility vehicle, “imminently” and open sales centres in 15 major cities across the country. Liu Yongzhuo, president of the electric vehicle (EV) arm of the world’s most indebted property developer China Evergrande Group, made […]
China Coal Giant Plans a Surge in Clean Energy Spending – EQ Mag Pro
China Shenhua Energy Co., the country’s largest listed coal company, plans to shift nearly half its capital spending to clean energy by the end of the decade as the country seeks to peak carbon emissions. The company plans to spend at least 40% of its annual capital expenditures on renewable energy by 2030, up from […]
Hydrogen as clean fuel gets massive fillip – EQ Mag Pro
NDRC, NEA release 2021-35 plan to spur China’s pursuit of low-carbon targets The National Development and Reform Commission, China’s top economic regulator, in association with the National Energy Administration, on Wednesday unveiled the country’s first medium- to long-term (2021-35) plan to promote high-quality development of the hydrogen industry. Officials and experts said it is part […]
China sets green hydrogen target for 2025, eyes widespread use – EQ Mag Pro
China, the world’s largest emitter of greenhouse gases, has been striving to balance energy security and achieve its climate change goals. China’s top economic planner announced a target on Wednesday to produce up to 200,000 tonnes per year of green hydrogen, a zero-carbon fuel generated from renewable energy sources, by 2025, but envisions a more […]
India is completely reliant on China for its Lithium needs, reveals govt data – EQ Mag Pro
New Delhi: India is completely reliant on its northern neighbour China for the supply of Lithium and Lithium-ion, the raw materials used in the manufacturing of the advanced chemistry cell-based batteries that power mobile phones, laptops, electric vehicles and most other modern gadgets, showed the latest official data shared by the government on Monday. India […]
JinkoSolar’s Subsidiary Jinko Solar Co., Ltd. Signs Investment Framework Agreement for High-efficiency Solar Module and PV Module Aluminum Frame Project in Jiangxi, China – EQ Mag Pro
SHANGRAO, China : JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that its principal operating subsidiary, Jinko Solar Co., Ltd. (“Jiangxi Jinko”), has entered into an investment framework agreement (the “Agreement”) with the Shangrao Guangxin District Government (“Guangxin […]
Sungrow Joins EP100 Initiative to Fuel Actions to Net Zero Carbon – EQ Mag Pro
HEFEI, China : Sungrow, the global leading inverter solution supplier for renewables, announced that it joined EP100, committing to completing energy management systems’ deployment by 2028 and increasing its energy productivity by over 35% with 2018 as the base year; thus, unlocking deeper energy efficiency gains through investing in energy improvements. EP100 is a global […]
China Sets $63 Billion to Pay Subsidies Owed to Renewables Firms – EQ Mag Pro
China will use most or all of 400 billion yuan ($63 billion) added to a major government fund toward paying off debt subsidies this year owed to the country’s renewable power generators, according to people familiar with the matter. The plan is to completely pay off the arrears this year to help strengthen renewable developers’ […]
APsystems Surpasses 2 GW of Shipments Worldwide – EQ Mag Pro
JIAXING : APsystems, the global leader in multi-platform solar MLPE devices, today announced it has surpassed 2 gigawatts (GW) of installed capacity to date in 2022. APsystems now has more than 146,000 solar installation sites in over 100 countries utilizing its groundbreaking microinverters and rapid shutdown devices (RSDs). The announcement comes as APsystems passes the […]
China aims to build 450 GW of solar, wind power on Gobi desert – EQ Mag Pro
The project is part of the country’s strategy to increase its total wind and solar capacity to at least 1,200GW. The Chinese government is planning to build renewable energy power projects, with 450GW of total capacity, in the Gobi Desert and other desert locations to meet its sustainability targets. Reuters reported that as part of […]