GreenergyDaily
Mar. 19, 2024
1. GreenergyDaily has learned from sources within LONGi that the rumor about the company laying off 30% of its employees is false. According to the sources, LONGi has optimized the relevant position structure, and the staff adjustment ratio is expected to be only about 5% of the total number of employees.
2. Saudi Aramco CEO Amin Nasser said Monday that the energy transition is failing and policymakers should abandon the "fantasy" of phasing out oil and gas, as demand for fossil fuels is expected to continue to grow in the coming years.
3. Power China announced on Monday that the total value of newly signed contracts from January to February 2024 was CNY 178.516 billion, a year-on-year increase of 2.83%.
4. The China National Offshore Oil Corporation announced Monday that it has discovered an oilfield in the Bohai Sea, some 200 km from China's Tianjin Municipality, with a proven oil reserve of 104 million tonnes.
5. Chinese scientists have developed a strategy utilizing the energy between seawater and freshwater to efficiently generate "green" hydrogen, according to a study published recently in the journal Nature Sustainability.
6. A natural gas processing terminal project, the largest of its kind constructed by China's largest offshore crude oil producer Bohai Oilfield, has officially started gas delivery on Mon. The project in E China's Shandong can process up to 1.3 bln m3 of natural gas annually.
7. Aiko Solar Energy, one of China's main suppliers of photovoltaic cells, said it will spend CNY10 billion (USD1.39 billion) to build a new plant to make high-efficiency solar cells to gradually replace its outdated facilities.
8. Nvidia said on Monday it is expanding its collaborations with BYD and other Chinese automakers that are racing to build self-driving vehicles and AI-augmented infotainment technology to compete in global markets. BYD, which overtook Tesla last year as the world's No.1 electric vehicle manufacturer, will use Nvidia's next generation of in-vehicle chips, called Drive Thor, to enable increased levels of autonomous driving and other digital functions, Nvidia said.
9. A Chinese NEV maker developed a power battery that can prevent fire or smoke when thermal runaway occurs. The waterproof battery, which uses organosilicon polymer to wrap its single cells, can reportedly work even after being soaked in half-meter-deep water for 72 hours.
10. BYD will raise the investment in its Brazilian plant to BRL5.5 billion (USD1.1 billion) from BRL3 billion, according to an email announcement. The carmaker will also build a five-story residential building to accommodate 4,230 workers.
