Founder-Chairman Ramachandra Galla to step down. The Board of Directors of Amara Raja Batteries Limited has decided to restructure the composition of its Board. It has approved a proposal to amend the main objects clause of the Memorandum of Association to address new business segments in the electric mobility and new energy. The members of […]
Roadmap Needed to Develop ‘Clean’ Auto Industry
To develop electric vehicle industry, charging stations, batteries and reasonable prices are all needed. But an overall policy for these issues is not yet available in Vietnam, particularly battery waste disposal and treatment. Electric cars are cleaner than internal combustion engine cars (fueled by petrol and oil). This is considered a global solution to the […]
New Energy Solar Exits Australia With Sale of Two PV Projects
New Energy Solar has secured a deal to sell two PV projects in New South Wales for AU$288 million (US$223 million), marking the solar investor’s exit from Australia. The 111MWdc Beryl and 56MWdc Manildra plants, which New Energy bought in 2018, are being acquired by Banpu Energy Australia, a subsidiary of Thai company Banpu Public […]
Daqo New Energy Announces Unaudited First Quarter 2021 Results
SHANGHAI : Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy”, the “Company” or “we”), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the first quarter of 2021. First Quarter 2021 Financial and Operating Highlights Polysilicon production volume was 20,185 MT in Q1 2021, […]
XCMG says agreed with Tsingshan Group to invest in $843 mln new energy project
The project will focus on research, development, production and sales of NEVs, batteries, electric motor control systems and other auto parts New Delhi: Xuzhou Construction Machinery Group Co Ltd (XCMG) said it has agreed with Tsingshan Holding Group Co Ltd to invest in a 5.5 billion yuan ($843 million) new energy vehicle (NEV) project in […]