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Renewable energyi

Latest news and analysis about non-fossil fuel energy, including electric vehicles, hydrogen fuel cells, solar, wind and wave energy.

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  • Among those to sign partnership deals with Hong Kong-Shenzhen Innovation and Technology Park are top firms from nine major economies
  • Many of the enterprises come from life and health technology, new energy and microelectronics sectors

Ampace is betting on a boom in home energy storage systems and the ‘batterification’ of tools and electronic devices as it aims to solidify an already dominant position in a part of the market away from electric cars and smartphones.

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Buyers and exhibitors of new energy equipment at the Canton Fair are showing boundless optimism as orders rise, but measures likely to be taken against the industry by the US and EU could spoil the fun.

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Energy-related trade between China and the Middle East is likely to increase significantly and reshape the sector globally in the wake of the Saudi-Iran peace deal brokered by China last year, according to Swiss bank UBS.

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An anti-subsidies investigation into Chinese wind turbine manufacturers by the EU could saddle the bloc’s renewable project developers with high costs and slow down their decarbonisation efforts, analysts say. The impact on Chinese firms could be limited.

EnerVenue, a rechargeable batteries start-up co-founded by the family office of tycoon Peter Lee Ka-kit, aims to build factories in the US and China to commercialise an old technology deployed in outer space for use on Earth.

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Epago Technologies, which makes ‘new-generation electrodes’ for hydrogen fuel cell batteries, aims to use the city’s innovation, policy, and geographical advantages as a springboard to access bigger markets in mainland China and Europe.

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Amid price slashing and Western threats, on-the-ground accounts reflect how China’s new productive push is creating forces to be reckoned with.

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‘Excess capacity poses risks not only to American workers and firms and to the global economy, but also to productivity and growth in the Chinese economy,’ Yellen says.

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The nation’s largest oil and gas producer says it is on track to peak carbon emissions next year and double the contribution of low-carbon energy to its output capacity over two years, top leaders say.

Contemporary Amperex Technology is not worried about overcapacity, and in fact will crank up output of its more technologically advanced products, said Robin Zeng, president and chairman of the company better known as CATL.

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Reaching 160km/h (99mph) in a trial run, China’s new hydrogen-powered train is touted as a cleaner transport option as the nation strives to peak emissions by 2030.

China’s 2025 decarbonisation goals are in danger of veering off track after policymakers redefined a key energy target that could drive emissions higher, climate experts warn.

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The UN’s World Meteorological Organization’s report confirmed preliminary data indicating that last year was by far the hottest year ever recorded/

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The world’s third-largest coal miner, after China and India, undercounts methane emissions from production of the fuel, jeopardising the nation’s international climate commitments.

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