On August 8, the China New Energy Storage Industry Innovation Alliance was established in Beijing. The innovation alliance was initiated by China Energy Engineering Group Co., Ltd. (CEEG), CATL and and Trina Solar Co., Ltd.
Lingtan Intelligence, an industrial and commercial energy storage brand, announced on August 5 its completion of a pre-A round of financing totaling 50 million yuan ($7.4 million) led by Eight Roads.
RT Advanced Materials, a developer of lithium battery cathode materials, has recently completed D-round financing, garnering over 5 billion yuan ($739.5 million).
On July 20, Jinko Power, a clean energy supplier and services provider, disclosed that the company plans to raise up to 3.45 billion yuan ($510.2 million).
CloudWalk, an artificial intelligence enterprise, was officially listed on the Shanghai Sci-Tech Innovation Board (STAR Market) on Friday.
MS Energy, a low-carbon green energy services provider, announced Monday that it has secured several hundred million yuan in a round B and round B+ of financing.
EQuota Energy on Tuesday issued a change to its official registration with the Industrial and Commercial Administration, adding Alibaba as new shareholder.
According to Qichacha, a Chinese enterprise information inquiry platform, Guizhou Shidai Mining Co., Ltd. was established on December 31, 2021, with a registered capital of 800 million yuan ($125.88 million).
The arrival of what is likely to be a very harsh winter has placed ensuring energy supply high on Chinese officials’ agenda, prompting the government to take a series of measures to ease the worst power crisis it has faced in a decade.
Carbon emissions resulting from China’s domestic Bitcoin mining operations may reach 130.5 million metric tons by 2024, surpassing the total of countries including the Czech Republic and Qatar, according to a study released on Tuesday.
The government of Inner Mongolia has ordered a halt to the construction of new cryptocurrency mining projects, and has vowed to shut down all existing mining farms by the end of April.
A white paper on China’s energy development was released Monday by the State Council Information Office, reporting the country's achievements and major policies in energy reform.