HuaSun held a grand ceremony to mark the equipment move-in at the phase 2 of its wafer manufacturing site in Xuancheng Science and Technology Park. Xuancheng is a city in China’s Anhui Province. This event was first reported by other Chinese news outlets. The phase 2 of the wafer manufacturing site is set to have […]
Battle for China’s electric SUV market heats up at home and abroad – EQ Mag
SHANGHAI : China is ground zero for the price war in electric vehicles and the battleground is shifting to SUV-styled EVs, the largest segment of the market, dominated by Tesla Inc and BYD. The market, crowded with more than 90 models, is about to get even tighter with at least 20 new models of both […]
Suzhou MedicalSystem Begins Equipment Installation at Its New Smart Factory for Manufacturing TOPCon Cells – EQ Mag
Suzhou MedicalSystem Technology announced that it had begun installing equipment at its new smart factory for PV cells in Mianyang, a city in China’s Sichuan Province. The investment for the factory amounts to RMB 10.2 billion. The equipment being installed is intended for manufacturing N-type TOPCon cells, indicating the company’s chosen technology path. Once all […]
CALB Nearly Quadrupled Its Profit in 2022 and Now Aims to Put Its European Plant into Operation in Accordance with Its Schedule – EQ Mag
CALB, China’s third-largest domestic supplier for EV power batteries, released its first annual report since its listing on the Hong Kong Stock Exchange. According to the report, CALB’s realized revenue for 2022 came to around RMB 20.375 billion, showing a YoY increase of 198.9%. Its net profit for 2022 came to around RMB 694 million, […]
Chinese lithium producers set price floor as demand evaporates: sources – EQ Mag
BEIJING : China’s top lithium producers agreed this week to set a floor price of 250,000 yuan ($36,380) per tonne of lithium carbonate, six people familiar with the matter said, in an effort to slow a plunge in the price of the battery raw material. The price was agreed on Tuesday by around 10 companies […]
4 Solutions to Enhance the Credibility of China’s Subnational Transport Carbon Emissions Inventories – EQ Mag
China’s transport CO2 emissions accounted for 11% of the world’s transport greenhouse gas (GHG) emissions, following only the United States (21%), according to data from Climate Watch. And these numbers have been growing rapidly: The average annual growth rate of China’s transport CO2 emissions 2012- 2019 was 4%, the second-fastest growth rate among the 10 […]
CPIA: China’s Production of PV-Grade Polysilicon Rose by 32.3% YoY for February – EQ Mag
On March 21, China Photovoltaic Industry Association (CPIA) release a summary on February’s domestic production for the key materials and components of a PV system. According to CPIA, domestic production of PV-grade polysilicon fell by 3.8% MoM but rose by 32.3% YoY for February. Domestic production of PV-grade silicon wafers registered a MoM increase of […]
Chinese EV comptition hots up as BYD offers discounts – EQ Mag
BEIJING : China’s BYD Co (002594.SZ), the world’s leading seller of battery electric vehicles (BEVs) and plug-in hybrids, on Thursday announced discounts on some models, intensifying competition in the biggest auto market. The discounts will be for buyers who place orders for the Song Plus and Seal models between March 10 and March 31, the […]
China’s solar, wind power projects need more policy support, says energy authority – EQ Mag
BEIJING: China’s renewable energy projects are struggling to get access to land, while in some areas, the grid cannot absorb all the power generated, the country’s energy authority said, as it called for further policy support for the fast-growing industry. Beijing has spearheaded an ambitious drive to increase the country’s renewable energy capacity in recent […]
China’s Renewable Energy Industry Continues To Lead Globally: Official – EQ Mag
BEIJING : China’s renewable energy industry continued to lead globally in 2022, National Energy Administration official Wang Dapeng said on Monday. China-made photovoltaic modules, wind turbines, gear boxes and other key components accounted for 70 percent of the global market share last year, Wang said at a press conference. “The center of gravity of the […]