GreenergyDaily
Sep. 18, 2024
1. Power generation by China's major electricity production enterprises totaled 907.4 billion kWh in August, up 5.8% YoY. The output of hydropower and solar power increased 10.7% YoY and 21.7% YoY in the same month, respectively, according to the National Bureau of Statistics on Saturday.
2. China's commerce minister said the EU's imposition of tariffs on electric vehicles will "seriously interfere" with trade and investment cooperation and hurt both China and Germany. In talks on Tuesday with German Vice Chancellor and Economic Minister Robert Habeck, Wang Wentao said he hoped to reach a solution in line with WTO rules as soon as possible, and avoid the escalation of China-EU economic and trade frictions, according to a statement released by China's Ministry of Commerce early on Wednesday.
3. Relying on China to supply green products might be the EU's cheapest path to meet its climate ambitions but the bloc needs a nuanced response to Chinese state-sponsored competitors to retain its own clean tech jobs, Mario Draghi said on Tuesday. The former European Central Bank chief, whom the European Commission asked to rewrite a report on EU competitiveness, said that by 2030 China's annual production capacity for solar cells will be double the level of global demand, and for battery cells at least equal to global demand.
4. In the city of Datong in north China's Shanxi Province, a coal mining subsidence area once scarred by mining activities is now adorned with a vast array of glinting solar panels. The photovoltaic base covering an area of nearly 50,000 mu (about 3,333 hectares) has generated over 12 billion kilowatt-hours of green energy since 2016.
5. Great Wall Motor has signed a deal in Vietnam to assemble vehicles in the Southeast Asian country as it pushes ahead with localized production overseas. The Chinese automaker said on September 16 that it has signed a memorandum of cooperation with Vietnam's TAG Group, and the two sides will cooperate on CKD assembly there.
6. Saudi Arabia has approved its first exchange-traded fund tracking Hong Kong-listed equities, marking the debut of such a product in the Middle East. The move follows efforts to strengthen ties with Arab countries amid escalating tensions with the West. The local asset manager AlBilad Investment Company's request to offer "Albilad CSOP MSCI Hong Kong China Equity ETF" units on the Saudi Stock Exchange (Tadawul) has been approved by the Capital Market Authority. However, the fund's launch schedule has not been disclosed.
7. Global onshore wind turbine orders reached 91.2 GWs in the first half of the year, a 23% increase year-on-year. China's northern region drove higher demand in the second quarter. China's wind turbine production capacity exceeds that of Europe and the U.S., creating challenges for Western manufacturers in terms of pricing and availability.
8. The European Commission said on Monday that the deadline for Chinese electric vehicle makers to make price commitments as a way of averting tariffs had passed, with no possibility to revise their offers after they were all rejected. The Commission, which is conducting an anti-subsidy investigation into Chinese-built EVs, said several EV exporters had submitted price undertakings - a commitment by an exporter to respect minimum import prices in order to offset subsidies.
9. Xiulin Fan and colleagues show how external and internal fields impact Li-ion solvation at battery interfaces and suggest an approach to improve coordination between cations and anions, leading to better performance in Li metal pouch cells.
10. Businesses in Pakistan are racing to cover their factory rooftops with ultra-cheap Chinese solar panels, after a surge in electricity prices that has made the state-owned power supply among the most expensive in South Asia.
