On September 5, 2023, JA Solar became the first Chinese private sector and the world’s first solar PV company member of the World Business Council for Sustainable Development (WBCSD). During the United Nations Sustainable Development Goals Summit in New York on September 21, Peter Bakker, President and CEO of WBCSD, along with his senior management […]
China’s installed non-fossil fuel electricity capacity exceeds 50% of total – EQ Mag
BEIJING : China’s non-fossil fuel energy sources now exceed 50 per cent of its total installed electricity generation capacity, state media outlet Xinhua said on Monday (Jun 12), citing an official at state planner the National Reform and Development Commission. Non-fossil fuel power sources, such as wind and solar power, account for 50.9 per cent […]
1 in every 7 cars sold now an EV, China’s BYD dominate again – EQ Mag
Global passenger EV sales in Q1 2023 rose 32 per cent YoY. Battery EVs (BEVs) accounted for 73 per cent of all EV sales during the quarter, while plug-in hybrid EVs (PHEVs) made up the rest, according to Counterpoint Research. EV sales are expected to reach over 14.5 million units by the end of 2023. […]
Tongwei Dominates the Polysilicon Industry – EQ Mag
Bernreuter Research: Oversupply inevitable with China’s unabated expansion. Würzburg (Germany) : Chinese polysilicon manufacturer Tongwei has extended its position as world market leader. In 2022 the company produced 1.6 times as much polysilicon for solar cells as the second largest manufacturer, GCL Technology, and even twice as much as the third biggest, Daqo New Energy, […]
Equipment Installation Begins at Phase 2 of HuaSun’s Wafer Manufacturing Site in Anhui – EQ Mag
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 […]