GreenergyDaily
May. 21, 2024
1. President Vladimir Putin said on Monday that Russian gas output rose by 8% in the first four months of the year to 246.4 bcm. Putin, addressing a televised meeting of senior officials devoted to energy issues, also said Russian oil output had declined by 1.8 % in the year to date to 195.7 million tons, a dip largely due to production cuts under OPEC+ agreements.
2. Boasting abundant renewable energy resources, SW China's Xizang plans to transmit 2 billion kWh of clean electricity to 16 other provincial-level regions in the country in 2024 to help reduce CO2 emissions by 1.6 million tonnes, the regional power company said Friday.
3. Li Auto said it has postponed plans to launch pure electric SUV models to next year, citing hurdles such as a lack of enough fast chargers, sending its shares down more than 17% on Tuesday. The decision comes as Li Auto, which has built its profits and success on four extended-range gas-electric hybrid models, has also encountered a setback with its first fully electric model Mega which didn't meet its original expectation of sales.
4. China's first new energy light sport aircraft with independent intellectual property rights was officially delivered on Saturday in Hefei, east China's Anhui. This electric-powered, two-seat fixed-wing aircraft boasts an endurance of 2.5 hours on a full charge.
5. China maintained its top position in shipbuilding market in Q1 2024, with its global share of shipbuilding completion volume, new orders, and holding orders reaching 53.8%, 69.6% and 56.7%, respectively, according to official data on Monday.
6. Over a month into Elon Musk's plans to slash at least 10% of the company's workforce, he's still not done. This means anxious employees wake up each day to check their messages, wondering if they still have a job. The rolling job cuts are likely to extend through at least June, according to The Business Times citing people familiar with the matter.
7. NIO has recently debuted its second vehicle brand Onvo, and presales of the first model, the Onvo L60, have already started, with pricing in the lower range of the new energy vehicle market. This puts it in direct competition with Li Auto, the Chinese electric car startup's chairman and CEO said in a recent interview.
8. Senior Chinese official He Lifeng met with Saudi Minister of Finance Mohammed bin Abdullah Al-Jadaan in Beijing on Monday. The two sides exchanged views on China-Saudi Arabia economic and trade relations, global economic governance, as well as other issues.
9. Ghana will select by December a company to build its first nuclear power plant from contenders including France's EDF, U.S.-based NuScale Power and Regnum Technology Group, and China National Nuclear Corporation, an energy ministry official said. South Korea's Kepco and its subsidiary Korea Hydro Nuclear Power Corporation as well as Russia's ROSATOM were also competing for the contract expected to span the next decade, said Robert Sogbadji, deputy director for power in charge of nuclear and alternative energy.
10. German automaker BMW imported at least 8,000 Mini Cooper vehicles into the United States with electronic components from a banned Chinese supplier, a U.S. Senate report released on Monday said. A report by Senate Finance Committee Chairman Ron Wyden's staff said BMW imported 8,000 Mini Coopers with parts from a Chinese supplier banned under a 2021 law and that BMW continued to import products with the banned parts until at least April.
