[Sino-French companies plan joint venture to build a new battery factory] On May 12, 2023, French President Emmanuel Macron stated that China Xiamen Xiamen Tungsten New Energy Materials Co., Ltd. plans to establish a battery field laboratory with the French company Orano in Dunkirk, a port city in northern France. Joint venture with an expected investment of 1.5 billion euros and the creation of 1,700 jobs. Macron pointed out that Xiamen Tungsten New Energy's joint venture with Orano is complementary to ProLogium's factory because it will be upstream in the production of batteries for electric vehicles. Edit/Ma Xue
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  • 2024.04.12 17:05
  • [Cuba is vigorously developing mountain solar energy]
  • Cuba's Granma newspaper reported on April 1 that the Cuban government allocated millions of dollars to install photovoltaic solar cells for about 320 communities and 8,000 independent families in the rugged Santiago region, and the implementation of the project is of great significance to tens of thousands of people living and working in the most remote areas of ancient China. Lila, investment director of the Cuban Santiago Power Company, said that the photovoltaic module installed in the home is 300 watts, which can be used at the same time for 32-inch TVS and 5 LED lights, although it cannot meet the entire electricity demand of the family, but it can provide lighting at night, and users can enjoy the service by paying 10 pesos per month. He stressed that there are about 1,963 houses in the area with solar panels, and 40 percent of the equipment is faulty, mainly due to battery failure. At present, 420 solar photovoltaic panel modules and batteries worth $6 million from China are being shipped to Cuba and can be replaced immediately upon arrival. The power company is also working on a joint project with the University of Santo Spiritus, with plans to install 2.2-kilowatt modules, including batteries, accumulators and inverters, with an expected service life of 25 years, which will allow the connection of TVS, refrigerators, washing machines and kitchens, with each module priced between $1,900 and $2,400 in the international market, but will still maintain a price of 10 pesos per month.
  • 2024.04.12 17:05
  • [Six Nordic countries have agreed to protect undersea energy infrastructure]
  • On April 9, six Nordic countries - Denmark, Belgium, the United Kingdom, Germany, Norway and the Netherlands - signed an agreement to strengthen protection measures for underwater assets, including gas pipelines and power cables. The explosion of the Nord Stream pipeline in 2022 had a huge impact on Europe's energy supply, and the six countries that signed the contract all border the North Sea, and it is clear that the security of the North Sea is a major energy transit route for these countries are strongly concerned. The six-nation agreement underscores a shared commitment to protect important energy transit routes in the region. The North Sea, with its extensive network of pipelines and cables, plays a vital role in supplying energy to Europe, particularly in terms of oil and gas resources, as well as renewable energy in the future. Key provisions of the agreement include a comprehensive review of current protection and recovery measures and the establishment of a mechanism for sharing critical information among participating countries. By promoting cooperation and coordination, the signatories aim to mitigate the risks posed by potential threats to underwater energy infrastructure, thereby ensuring uninterrupted energy supply throughout the region.
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