INDUSTRY BRIEF: New China wind, solar power installations plunge in June
China’s new installations of wind and solar power plunged in June, following a surge the previous month as green energy power developers rushed to finish new projects before the expiry…
BRIEF: CATL targets $4 billion in Hong Kong IPO, poised to become year’s top listing
Electric vehicle (EV) battery maker Contemporary Amperex Technology Co. Ltd. (3750.HK; 300750.SZ) launched its Hong Kong IPO on Monday, aiming to raise up to HK$31 billion ($4 billion) through the…
Despite slumping revenue, Shanghai Refire cruises on government support
The company reported its revenue fell by 28% last year, led by a nearly 50% drop for its core hydrogen fuel cells Key Takeaways: Shanghai Refire’s revenue fell last year,…
Operating at just half capacity, Daqo looks to Beijing for policy support
The polysilicon maker said plunging prices have begun to stabilize recently and could even rise over the next two months if Beijing announces new policy support Key Takeaways: Daqo’s revenue…
BRIEF: Production begins at Ganfeng Lithium’s Mariana project
Ganfeng Lithium Group Co. Ltd. (1772.HK; 002460.SZ) said on Tuesday it has begun production at its Mariana processing plant in Argentina, one of its several South American projects currently in…
INDUSTRY BRIEF: China green energy buildup continues, passes 2030 target
China added more than 350 GW of wind and solar power generation capacity last year, pushing its total installed capacity past its target for 2030 as it spends aggressively on…
NEWS WRAP: Profit plunges at JinkoSolar’s main China-listed unit
The solar panel maker said the profit for its 58.6%-owned Jinko Solar Co. Ltd. fell by nearly 99% in 2024 as a result of plunging prices By Doug Young…
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BRIEF: Production begins at Ganfeng Lithium’s Mariana project
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NEWS WRAP: Profit plunges at JinkoSolar’s main China-listed unit
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