GreenergyDaily
August 23, 2023
1. Astronergy has entered into an agreement with the Wenzhou City government in Zhejiang province to construct an offshore floating PV farm near Wenzhou in the sea. The company's investment of CNY10 billion ($1.4 billion) will fuel the project. Commencing in 2024, the construction is strategically planned to unfold over three 2-year phases, with completion slated for 2030.
2. BYD will showcase six electric vehicles alongside a display of new technologies at the IAA23 in Munich from Sept. 5-10, it announced yesterday. The Chinese car giant will also hold the European premiere of its luxury sub-brand, Denza.
3. Chinese President Xi Jinping and South Africa's President Cyril Ramaphosa witnessed the signing of bilateral cooperation documents on the Belt and Road, infrastructure, new energy, agricultural products, special economic zone, blue economy, technological innovation, and higher education.
4. On August 22, Newlink Naas (NASDAQ: NAAS), one of China's largest and fastest growing EV charging service providers, announced that it plans to acquire Sweden's Charge Amps, a leading provider of electric vehicle charging service solutions in Europe, for USD 66.4 million. The agreement has been signed recently.
5. The China National Nuclear Corporation (CNNC), one of the country's largest nuclear power operators, has seen its total power generation from clean energy sources hit 863.1 billion kWh since its merger with the country's nuclear power plant builder in 2018.
6. China imported CNY 422.78 billion of crude oil, natural gas, coal, and other energy products from other BRICS countries in the first 7 months of 2023, up 17.3% YoY, according for 36.7% of China’s total imports from other BRICS countries.
7. China exported CNY 759.45 billion of mechanical and electrical products to other BRICS countries in the first 7 months of 2023, up 38% on a yearly basis, accounting for 61.7% of China’s total exports to other BRICS countries.
8. China's 1st 10,000-m scientific exploration well, Shendi Take-1, has been drilled over halfway through to a depth of 5,856 m in NW China's Tarim Basin. The well for gas, oil, and deep-earth study will hit a temp of 220℃ down bottom upon drilling to a further depth of 11,100 m.
9. For the fifth month in a row, module prices fell further by around 6% on average. The ongoing decline in prices has led to an overall average reduction of 25% across all module technologies since the start of the year.
10. China's Xiaomi Corp. has won the approval of the country's state planner to manufacture electric vehicles, said two people with knowledge of the matter, marking a major step towards the smartphone maker's goal of producing cars by early next year, according to Reuters.
