Intensifying the layout of the energy storage Business, Weidong Electric plans to acquire 51% equity of Zhongmin Guangfu.

① Wu Bo stated that the company plans to add an annual production capacity of 5GWh for energy storage systems, with products primarily used in wind and solar power generation within electrical utility systems. The company's existing partnerships within the electrical utilities sector, including with Goldwind Science& Technology, are advantageous for market expansion; ② As of Q1, the 232kWh commercial and industrial energy storage system, large-capacity grid source measurement and energy storage system, and EMS grid connection energy management system developed by the company have achieved multiple project deliveries.

cls.cnDec 12 19:57 ET

IEA Monthly Report: Even if OPEC+ delays production increases, there will still be an oversupply of oil next year!

The IEA stated that if OPEC+ implements the production recovery plan starting in April, the Global market will face a surplus of 1.4 million barrels per day. The IEA has raised the forecast for global oil demand growth in 2025 by 90,000 barrels to 1.1 million barrels, mainly due to the economic stimulus measures recently announced by China.

wallstreetcnDec 12 06:42 ET

Fuel cell energy and hydrogen internal combustion engines are advancing in parallel, with the application of hydrogen energy accelerating on the end-user side due to frequent bullish policies.

① The CA6HV3 hydrogen engine, independently developed by faw jiefang group, has been released as the first domestic heavy-duty commercial vehicle hydrogen engine with direct injection. ② At this stage, many hydrogen internal combustion engine products still have shortcomings such as "low thermal efficiency."

cls.cnDec 6 02:09 ET

Trump's tariff plan angers many? US oil industry warns: rbob gasoline costs rise exacerbating consumer burden

① President-elect Trump of the usa threatens to impose a 25% tariff on products from Mexico and Canada, causing concerns in the oil rbob gasoline industry; ② U.S. refineries highly rely on crude oil imports. The American Petroleum Institute warns that tariffs will raise refining costs and gasoline prices, exacerbating consumer burden; ③ Analysts believe the likelihood of Trump implementing the tariff plan is small.

cls.cnNov 27 22:54 ET

Many hardcore aviation products made their debut at the Zhuhai Air Show. The participation of private enterprises in the 'small core, large cooperation' model continues to deepen.

①At the 15th Zhuhai Air Show, dozens of hardcore aero engine products made their first public appearance, particularly eye-catching; ②In the operating model of 'small core, large cooperation', the degree of participation of private enterprises continues to deepen.

cls.cnNov 17 21:56 ET

IEA: Crude oil demand growth in 2024 may be halved, with a surplus of over one million barrels of crude oil expected every day next year.

In terms of demand, the IEA expects that this year, global oil consumption will increase by 0.92 million barrels per day, which is less than half of the growth rate in 2023. By 2025, demand will grow by 0.99 million barrels per day. However, the IEA predicts that supply growth will continue, with production from countries such as the usa, Brazil, Canada, and Guyana increasing by 1.5 million barrels per day this year and next.

wallstreetcnNov 14 05:25 ET