Some of the world’s biggest money managers say the strong rally in China’s renewable energy stocks has more legs, citing the sector’s rosy earnings prospects and policy support. Global funds are upbeat because of China’s continued dominance in global EV battery and solar panel production, and the nation’s supportive industry policies serving its ambitious goal […]
‘China’s Huge Energy Storage Ambitions Could Be The Key to Unlock Net Zero’
A 30GW goal for 2025 is ambitious, but don’t bet against the nation meeting or beating it, writes Le Xu China is proposing a policy to accelerate energy storage deployments, with its core a target to take the country’s storage capacity excluding pumped hydro to 30GW by 2025 – triple the level of Wood Mackenzie’s […]
China’s Super Heavy Rocket to Construct Space-Based Solar Power Station
Launch of Chang’e-5 atop a Long March 5 rocket, currently China’s largest rocket, from Wenchang in November 2020 HELSINKI : China plans to use a new super heavy-lift rocket currently under development to construct a massive space-based solar power station in geostationary orbit. Numerous launches of the upcoming Long March 9 rocket would be used […]
JinkoSolar’s Principal Operating Subsidiary Jinko Solar Co., Ltd. Submits Application Documents for Initial Public Offering on China’s STAR Market
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 the application documents regarding a potential initial public offering and listing of the shares of Jinko Solar Co., Ltd. (“Jiangxi Jinko”), a principal operating subsidiary of […]
China’s Risen Energy to Build USD-10bn PV Hub in Malaysia
The Malaysian government has approved a MYR-42.2-billion (USD 10.1bn/EUR 8.49bn) investment plan by China’s Risen Energy Co Ltd (SHE:300118) to build a mega factory for the production of photovoltaic (PV) cells and modules, it was announced on Thursday. The Chinese solar module producer has secured a manufacturer’s licence under the country’s national economic recovery plan, […]
China’s EV Maker Xpeng Files For Hong Kong Listing
Reuters reported Xpeng’s Hong Kong listing plan in March, citing people familiar with the matter. Rival Nio Inc and Li Auto have similar plans, sources said. Chinese electric vehicle maker Xpeng Inc filed for a dual primary listing on the Hong Kong Stock Exchange on Wednesday. A dual primary listing is different from secondary listing […]
China’s Dominance in Solar Energy Hard to Change
Trade barriers make domestic PV companies stronger Even while the coronavirus pandemic still impedes personnel exchanges in business sector as global travels are disrupted, the world solar industry practitioners were paying attention to a major industry exhibition recently after more than 140 countries and regions around the world had made net-carbon or carbon-neutrality goals. The […]
Floating Solar Ready for Take-Off
Whether floating or hanging, solar panels have the potential to both provide electricity and reduce evaporation from reservoirs. The world’s largest array of floating solar panels in China’s Anhui province. It is an idea that may have found its moment. Droughts are crippling power supplies from many hydroelectric dams across Africa, with dwindling reservoirs evaporating […]
Tsingshan Invests in Clean Energy Projects
Tsingshan Industry recently officially launched its project for building a clean energy base. This project seeks to develop and construct solar and wind energy plants and supporting facilities in Tsingshan’s Indonesia Morowali Industrial Park and Indonesia Weda Bay Industrial Park. The project follows six months of intensive feasibility studies and careful planning. Tsingshan Industry is […]
Gautam Adani Overtakes China’s Zong Shanshan to Become Asia’s 2nd Wealthiest
As per the Bloomberg Billionaires Index, Ambani is the 13th richest person in the world, followed by Adani at 14th. Billionaire Gautam Adani’s wealth has massively increased this year and seen a rise of $32.7 billion, according to the Bloomberg Billionaires Index. Billionaire Gautam Adani’s net worth has soared past China’s Zong Shanshan to make […]
