China has assembled the world’s largest single-unit floating offshore wind power system as it accelerates efforts to expand its marine economy and clean energy industry. Assembly of the 16-megawatt system has been completed in Beihai, in South China’s Guangxi Zhuang autonomous region, Science and Technology Daily reported on Wednesday. All of its key parts, from…
Sales of electric vehicles are growing strongly despite a certain unevenness in this growth across the globe. But overall, this growth is not strong enough to give battery researchers a break—work is still underway for batteries that are more reliable, faster to charge, and longer-living. In that, the EV industry may have a somewhat unlikely…
Chinese clean tech manufacturers are shifting in 2025 to lighter models: licensing, contract production, and OEM tie-ups, after more than $210 billion in overseas factories since 2022. The Middle East and North Africa surges, but Southeast Asian countries remain the top destination. A new policy brief tracks a $227 billion … Source link
(Bloomberg) — Asian equities came under pressure after a tech selloff hit Wall Street Friday, with chip shares among the losers. Hong Kong was an outlier as Alibaba Group Holding Ltd. surged. The MSCI Asia Pacific Index slipped 0.2% with chipmakers pushing the Nikkei-225 index down by 1.8%. Samsung Electronics Co. and SK Hynix Inc….
(Bloomberg) — Contemporary Amperex Technology Co. Ltd. is planning to seek at least $4 billion from its Hong Kong stock offering, people familiar with the matter said, which would make it the world’s biggest listing this year. The eventual proceeds could rise to $5.3 billion if the deal is upsized and the greenshoe exercised, according…