After years on the sidelines, VNET seizes on China’s AI moment with new CATL tie-up
China’s oldest independent data center operator is finding its footing in the AI era, helped by a new $1 billion investment from battery champion CATL Key Takeaways: Once a data…
Canadian Solar advances North American shift with new plant, new CEO
The company is increasingly shifting its manufacturing focus to the U.S., including the upcoming launch of a major plant in Indiana making high-tech solar cells Key Takeaways: Canadian Solar will…
Rethinking bigger Is better: China’s long march toward higher-capacity energy storage cells
The country’s energy storage sector is racing toward bigger batteries. But as capacity climbs, so do questions over safety, costs and whether bigger is truly better By CLS Marketwatch…
BRIEF: Sigenergy launches $640 million IPO as revenue surges
Distributed energy storage solutions provider Sigenergy Technology Co. Ltd. (6656.HK) launched its Hong Kong IPO on Wednesday, offering 13.57 million shares for HK$324.20 each to raise HK$4.4 billion ($641 million).…
Eve Energy powers toward Hong Kong IPO, undeterred by price wars
The world’s fifth-ranked EV battery maker is following market leader CATL with plans to complement its Shenzhen listing with a new one in Hong Kong Key Takeaways: Lithium battery maker…
BRIEF: Guxia soars in Hong Kong trading debut
Shares of energy storage systems maker Guoxia Technology Co. Ltd. (2655.HK) opened 89% higher in their Hong Kong trading debut on Tuesday, and continued to climb to close up 128%…
BRIEF: Guoxia Technology clears Hong Kong listing hearing
Energy storage systems provider Guoxia Technology Co. Ltd. passed its listing hearing with the Hong Kong Stock Exchange on Wednesday, paving the way for the launch of its IPO later…