NEV

Auto Services Group Limited, a Leading Provider of Digitalized Auto Services and Auto Insurance Intermediation in China, Secures a US$125 Million Share Subscription Facility from Global Emerging Markets (“GEM”)

Retrieved on: 
Thursday, December 8, 2022
Cloud, GEM, Sale, Private investment in public equity, Insurance, Optimism, Public–Private Investment Program for Legacy Assets, Minor planet, Investment, City, Financial services, Security (finance)

New York, New York, Dec. 08, 2022 (GLOBE NEWSWIRE) -- Auto Services Group Limited (“SunCar”) today announced a USD 125 million share subscription facility from GEM Global Yield LLC SCS ("GGY"), a Luxembourg based private alternative investment group, in the form of a share subscription facility. Under the agreement, GGY will provide SunCar with a share subscription facility of up to $125 Million for a 36-month period following a public listing of SunCar’s ordinary shares (“Investment Period”).

Key Points: 
  • New York, New York, Dec. 08, 2022 (GLOBE NEWSWIRE) -- Auto Services Group Limited (“SunCar”) today announced a USD 125 million share subscription facility from GEM Global Yield LLC SCS ("GGY"), a Luxembourg based private alternative investment group, in the form of a share subscription facility.
  • SunCar can also set up a threshold price as the lowest price at which SunCar may sell its shares per drawdown.
  • During the lifetime of the investment facility, GGY will not, directly or indirectly, effect any short sale of SunCar’s ordinary shares.
  • The share subscription facility with GEM demonstrates investor's continued optimism about SunCar's prospects, as well as GEM's strategic understanding and vision of emerging markets and industries.

Quadricycle Market by Propulsion, Application, Type, End Use, Price Range and Region - Global Forecast to 2032 - ResearchAndMarkets.com

Retrieved on: 
Monday, December 12, 2022
General Automotive, EV, Electric Vehicles, Automotive, Alternative Vehicles, Fuels, Maintenance, Microcar, Electricity, International Council, EV, City, BEV, Original equipment manufacturer, COVID-19, Citroën Ami, ICE, Growth, Safety, International Council on Clean Transportation, ICCT, Traction, USD, Carbon, Renewable energy, Oil, Rail transport

The quadricycle market is projected to grow from USD 19.1 billion to USD 35.6 billion by 2032, at a CAGR of 6.4% during the forecast period.

Key Points: 
  • The quadricycle market is projected to grow from USD 19.1 billion to USD 35.6 billion by 2032, at a CAGR of 6.4% during the forecast period.
  • China, the US, and European countries are grooming faster in the EV space, and the same trend is noticed for quadricycles.
  • In China, around 1.75 million units of Micro-EVs were sold in 2017, according to the China Association of Automobile Manufacturers (EV).
  • Wuling Hongguang Mini is the best-selling micro-EV, with nearly 50,561 units sold in 2021 and Y-o-Y growth of approximately 42.9%.

China-Arab States Summit: Sungrow and ACWA Power Signed Cooperation Agreements to Contribute to the Belt and Road Initiative and Saudi Vision 2030

Retrieved on: 
Tuesday, December 13, 2022
Maintenance, ESS, Investment, Belt, Partnership, Memorandum of understanding, ACWA Power, EV, Research, PV, Policy, Saudi Vision 2030, NEOM, Carbon, Weapon, Oil, Renewable energy, Sungrow Huainan Solar Farm

RIYADH, Saudi Arabia, Dec. 13, 2022 /PRNewswire/ -- Recently, the first China-Arab States Summit was held in Riyadh, Saudi Arabia.

Key Points: 
  • RIYADH, Saudi Arabia, Dec. 13, 2022 /PRNewswire/ -- Recently, the first China-Arab States Summit was held in Riyadh, Saudi Arabia.
  • During the summit, the Chinese delegation signed 34 agreements with Saudi Arabia and Saudi organizations related to energy, security, investment, and other sectors.
  • Headquartered in Saudi Arabia, ACWA Power's business spans 13 countries around the world, and it has maintained a long-term robust partnership with Sungrow.
  • With a strong 25-year track record in the PV space, Sungrow products power over 150 countries worldwide.Learn more about Sungrow by visiting www.sungrowpower.com .

Sungrow Forges a Contract with ENGIE to Supply 638 MWh Liquid Cooled Energy Storage System to Chile

Retrieved on: 
Tuesday, December 13, 2022
Electricity, PCS, ESS, Coya, Sale, Antofagasta Region, EV, Research, CO2, PV, Solar energy, Island, DC, Bison Solar Plant, ENGIE, Solar, Renewable energy, Sungrow Huainan Solar Farm

SANTIAGO, Chile, Dec. 13, 2022 /PRNewswire/ -- Sungrow, the global leading inverter and energy storage system supplier, forged a contract with ENGIE to supply 638 MWh of its DC-coupled liquid cooled energy storage system (ESS) solution to Chile.

Key Points: 
  • SANTIAGO, Chile, Dec. 13, 2022 /PRNewswire/ -- Sungrow, the global leading inverter and energy storage system supplier, forged a contract with ENGIE to supply 638 MWh of its DC-coupled liquid cooled energy storage system (ESS) solution to Chile.
  • DC-Coupled with the Coya solar plant, the BESS Coya will also be installed with 232 units of Sungrow liquid cooled ESS containers.
  • Its liquid cooled ESS solutions are embedded with high profitability and high safety, which are in high demand in the market.
  • Last year, Sungrow shipped 3 GWh of ESS worldwide, ranging from islands and high altitude plateaus to ports and residential installations.

Sungrow Forges a Contract with ENGIE to Supply 638 MWh Liquid Cooled Energy Storage System to Chile

Retrieved on: 
Tuesday, December 13, 2022
Electricity, PCS, ESS, Coya, Sale, Antofagasta Region, EV, Research, CO2, PV, Solar energy, Island, Multimedia, DC, Bison Solar Plant, ENGIE, Solar, Renewable energy, Video game console, Sungrow Huainan Solar Farm

SANTIAGO, Chile, Dec. 13, 2022 /PRNewswire/ -- Sungrow, the global leading inverter and energy storage system supplier, forged a contract with ENGIE to supply 638 MWh of its DC-coupled liquid cooled energy storage system (ESS) solution to Chile.

Key Points: 
  • SANTIAGO, Chile, Dec. 13, 2022 /PRNewswire/ -- Sungrow, the global leading inverter and energy storage system supplier, forged a contract with ENGIE to supply 638 MWh of its DC-coupled liquid cooled energy storage system (ESS) solution to Chile.
  • DC-Coupled with the Coya solar plant, the BESS Coya will also be installed with 232 units of Sungrow liquid cooled ESS containers.
  • Its liquid cooled ESS solutions are embedded with high profitability and high safety, which are in high demand in the market.
  • Sungrow Power Supply Co., Ltd. is the world's most bankable inverter brand with over 269 GW installed worldwide as of June 2022.

'Forecasting a Greener 2023': Sungrow Makes the Presence at EnerGaïa Forum in France

Retrieved on: 
Friday, December 9, 2022
Electricity, Bloomberg L.P., Power, ESS, EV, Research, PV, Sungrow Huainan Solar Farm, Maximum power point tracking, Temperature, Renewable energy

The Company also showcased the SG125CX-P2 -- a new addition to its Commercial Extreme Series. It comes with 12 individual MPPTs and is compatible with the latest large-format PV modules.

Key Points: 
  • During the show, Sungrow introduced its SG350HX string inverter and the "1+X" Modular Inverter tailored to the utility market.
  • "As a dedicated player in the French solar and storage market, Sungrow is making even more efforts in 2022 and forecasts an even greener 2023.
  • Sungrow Power Supply Co., Ltd. ("Sungrow") is the world's most bankable inverter brand with over 269 GW installed worldwide as of June 2022.
  • With a strong 25-year track record in the PV space, Sungrow products power over 150 countries worldwide.Learn more about Sungrow by visiting www.sungrowpower.com .

Senmiao Technology Signs Strategic Cooperation Agreement with New Energy Infrastructure Provider to Further Expand into New Energy Vehicle Charging Industry

Retrieved on: 
Thursday, December 8, 2022
Maintenance, Huicheng District, Car, Shenzhen Stock Exchange, AIHS, Research, City, Transport

Huicheng Future possesses extensive experience in the research and development of charging piles, construction and operation of charging stations, and the building and daily operations of regional charging infrastructure.

Key Points: 
  • Huicheng Future possesses extensive experience in the research and development of charging piles, construction and operation of charging stations, and the building and daily operations of regional charging infrastructure.
  • Huicheng Future aims to become a leader in the new energy industry through its innovative technologies.
  • Pursuant to the agreement, Senmiao and Huicheng Future will begin collaboration on a new energy vehicle ("NEV") charging business by promoting the construction of new energy charging infrastructure in cities where Senmiao operates across China.
  • Senmiao will prioritize selection and purchasing of charging station equipment from Huicheng Future and encourage its NEV drivers to utilize Huicheng's charging infrastructure.

Sungrow Volunteer Week: Call for More Actions Contribute to SDGs

Retrieved on: 
Tuesday, December 6, 2022
National Volunteer Week, United Nations Global Compact, Society, Friends, EV, Research, Sustainable Development Goals, PV, City, Meat, Sungrow Huainan Solar Farm, Ten Principles for the Establishment of a Monolithic Ideological System, Volunteering, Carbon, United Nations Sustainable Development Group, Tourism, Renewable energy

The Volunteer Week took place from November 29th to December 5th this year, attracting volunteers from three countries and six cities worldwide -- Munich, San Francisco, Phoenix, and China's Hefei, Beijing, and Shanghai. Focusing on the ecological landscape, the activities included park clean-up, vegan nutrition, community renovation, canvas shoe painting, etc.

Key Points: 
  • "It's a nice journey to join the park cleaning volunteer campaign," said Naveed, a volunteer from San Fransico, the USA.
  • As a dedicated member of the UN Global Compact, Sungrow is poised to carry out more activities to be in line with SDGs.
  • Sungrow Power Supply Co., Ltd. ("Sungrow") is the world's most bankable inverter brand with over 269 GW installed worldwide as of June 2022.
  • With a strong 25-year track record in the PV space, Sungrow products power over 150 countries worldwide.Learn more about Sungrow by visiting www.sungrowpower.com .

Sungrow Volunteer Week: Call for More Actions Contribute to SDGs

Retrieved on: 
Tuesday, December 6, 2022
National Volunteer Week, United Nations Global Compact, Society, Friends, EV, Research, Sustainable Development Goals, PV, City, Meat, Multimedia, Sungrow Huainan Solar Farm, Ten Principles for the Establishment of a Monolithic Ideological System, Volunteering, Carbon, United Nations Sustainable Development Group, Tourism, Renewable energy

The Volunteer Week took place from November 29th to December 5th this year, attracting volunteers from three countries and six cities worldwide -- Munich, San Francisco, Phoenix, and China's Hefei, Beijing, and Shanghai. Focusing on the ecological landscape, the activities included park clean-up, vegan nutrition, community renovation, canvas shoe painting, etc.

Key Points: 
  • "It's a nice journey to join the park cleaning volunteer campaign," said Naveed, a volunteer from San Fransico, the USA.
  • As a dedicated member of the UN Global Compact, Sungrow is poised to carry out more activities to be in line with SDGs.
  • Sungrow Power Supply Co., Ltd. ("Sungrow") is the world's most bankable inverter brand with over 269 GW installed worldwide as of June 2022.
  • With a strong 25-year track record in the PV space, Sungrow products power over 150 countries worldwide.Learn more about Sungrow by visiting www.sungrowpower.com .