India’s Russian Oil Imports Soar 50-Fold
India’s intake of Russian crude oil has soared 50-fold since April and, to date, makes up a tenth of the subcontinent’s imported oil, the Economic Times reported today, citing a Continue Reading
Northern Chinese provinces hit peak power loads on heat wave
Highlights State Grid says northern grids hit peak power loads multiple times High temperature alert issued for 12 provinces and regions Li Keqiang stresses on maximizing coal production A heat Continue Reading
Pakistan Faces Deeper Power Crisis as LNG Becomes Too Expensive
Pakistan is facing an escalation of its power crisis after it failed to agree a deal for natural gas supply next month. State-owned Pakistan LNG Ltd. scrapped a purchase tender Continue Reading
China’s Tech Giants Lost Their Swagger and May Never Get It Back
Ant Group headquarters in Hangzhou. Regulators scrapped Ant’s IPO plans in 2020. Photographer: Qilai Shen/Bloomberg On trading floors in New York and Hong Kong, the brightening mood toward Chinese technology Continue Reading
China’s Leaders Mull Banning Solar Panels From Farmland
China may bar solar developers from building panels on farmland as the government weighs the importance of food security against its clean energy goals. Three ministries including the National Energy Continue Reading
China’s Quest for Iron
The 500-mile drive across Guinea to the Simandou mountains takes three days. Videographer: Jason Florio for Bloomberg Green Guinea’s Simandou mountains hold the largest untapped iron-ore deposit on the planet. Continue Reading
Northern Chinese provinces hit peak power loads on heat wave
Highlights State Grid says northern grids hit peak power loads multiple times High temperature alert issued for 12 provinces and regions Li Keqiang stresses on maximizing coal production A heat Continue Reading
New EV Battery Boasts 1,000km Range
A new battery from Contemporary Amperex Technology Co Ltd promises to resolve one of the chief complaints that drivers have with electric vehicles: battery range. The next-generation Qilin battery—named after Continue Reading
CATL launches 3rd generation of cell-to-pack; 72% volume utilization efficiency, up to 255 Wh/kg
CATL launched Qilin, the third generation of its CTP (cell-to-pack) technology. With a record-breaking volume utilization efficiency of 72% and an energy density of up to 255 Wh/kg, it achieves Continue Reading
Chinese Internet Giants’ Ad Revenue Suffers as Business Confidence Wanes
Companies in China are cutting back on digital-ad spending as the economy slows and recurring Covid-19 outbreaks weigh on consumption, another sign of waning business confidence in the world’s most Continue Reading