News
Korean battery firms push tech edge amid China price pressure
23+ hour, 42+ min ago (522+ words) March 11 (Asia Today) -- South Korea's battery industry is emphasizing technological leadership and stronger supply chains to compete with China's aggressive pricing and growing global protectionism, industry leaders said at a major battery exhibition in Seoul. Eom Ki-cheon, chairman of the…...
Tesla wins approval to supply power to U.K. households and businesses
14+ hour, 49+ min ago (423+ words) March 12 (UPI) -- The United Kingdom's energy regulator on Thursday granted Elon Musk's Tesla a license to supply British domestic and business customers with electricity. The license permits Tesla to supply electricity in England, Scotland and Wales with the company expected…...
Chinese cable project causes rift before Chile presidential transition
1+ week, 2+ day ago (522+ words) SANTIAGO, Chile, March 3 (UPI) -- A Chinese-backed submarine fiber-optic cable project has triggered a diplomatic dispute and an unprecedented political rift in Chile just days before the country's presidential transition. The Chile China Express cable project, supported by state-owned China Mobile,…...
Chinese cable project causes rift before Chile presidential transition - UPI.com
1+ week, 2+ day ago (522+ words) SANTIAGO, Chile, March 3 (UPI) -- A Chinese-backed submarine fiber-optic cable project has triggered a diplomatic dispute and an unprecedented political rift in Chile just days before the country's presidential transition. The Chile China Express cable project, supported by state-owned China Mobile,…...
OCI Energy secures $394 million for Texas solar energy project
1+ week, 6+ day ago (254+ words) SEOUL, Feb. 27 (UPI) -- OCI Energy, a U.S. affiliate of South Korea's OCI Holdings, said its joint venture with Arava Power has secured nearly $400 million for Project SunRoper, a 347-megawatt solar project in Wharton County, Texas. OCI Energy joined with Israel's Arava…...
The net zero financing race: Brazil and Mexico attract cheaper capital
2+ week, 16+ hour ago (478+ words) Feb. 23 (UPI) -- As Western institutional investors and Chinese state-backed lenders compete for influence over Latin America's energy infrastructure, one factor is quietly determining who builds the region's clean-energy future: the cost of capital. Countries that compress financing costs through policy…...
Hyundai E&C, Hyundai Motor Group target distributed energy with EVs
2+ week, 3+ day ago (311+ words) Feb. 23 (Asia Today) -- Hyundai Engineering & Construction is expanding distributed energy projects with Hyundai Motor Group, aiming to aggregate surplus electricity from electric vehicles and other sources and sell it into the power market, industry officials said Sunday. The construction company…...
Hyundai E&C, Hyundai Motor Group target distributed energy with EVs - UPI.com
2+ week, 3+ day ago (311+ words) Feb. 23 (Asia Today) -- Hyundai Engineering & Construction is expanding distributed energy projects with Hyundai Motor Group, aiming to aggregate surplus electricity from electric vehicles and other sources and sell it into the power market, industry officials said Sunday. The construction company…...
Samsung SDI discloses major lithium-metal battery advance - UPI.com
2+ week, 3+ day ago (254+ words) SEOUL, Feb. 23 (UPI) -- South Korea's Samsung SDI said Monday it collaborated with Columbia University to publish a paper on what it described as a major advance in futuristic lithium-metal batteries. The study, published in Joule, one of the world's leading…...
Tesla drops 'Autopilot' to comply with California ruling - UPI.com
3+ week, 1+ day ago (269+ words) Feb. 18 (UPI) -- Tesla will stop using the term "Autopilot" in marketing of its vehicles in California, the state's Department of Motor Vehicles announced. In December, a judge ruled that the company was using deceptive wording in its marketing of the…...