China's carbon dioxide emissions are expected to increase by 4% this year, and the Hong Kong Stock Exchange has pledged to achieve carbon neutrality by 2024

China's CO2 emissions expected to increase by 4% this year

On November 27, the Center for Energy and Clean Air Research (CREA), an independent research organization, released its annual assessment report, "China's Climate Transition: Outlook 2023". According to the report, China's clean energy power generation capacity, electric vehicle production and sales growth rate, steel and cement production and other indicators are on track to limit global warming to 1.5 degrees, while total carbon dioxide emissions, total energy consumption, coal power and steel capacity investment and other indicators in 2022-2023 have not met expectations. China's carbon dioxide emissions are expected to increase by about 4% in 2023, the report said. The strong rebound in carbon emissions was driven by two unconventional factors: historically low rainfall that led to a sharp drop in hydropower generation, which boosted coal-fired power generation, and the post-pandemic reopening led to economic recovery, particularly in oil consumption.

HKEX has pledged to achieve carbon neutrality by 2024

On 27 November, HKEX announced its commitment to carbon neutrality and net zero emissions. HKEX is committed to achieving carbon neutrality by 2024 and net-zero emissions by 2040. HKEX is committed to continuously reducing Scope 1, 2 and 3 greenhouse gas emissions under the Paris Agreement, and to neutralize their remaining emissions by 2040. HKEX also plans to submit its science-based emissions reduction targets to the Science Based Targets Initiative for verification in 2024. On top of achieving net-zero emissions by 2040, HKEX is committed to reducing the carbon emissions of its operations through energy efficiency, the use of renewable electricity and low-carbon procurement.

For the first time, the Panzhihua Hydrogen Source Center has realized cross-regional hydrogen transportation

On November 27, it was reported that the Madian Mother and Child Hydrogen Refueling Station in Panzhihua City, Sichuan Province supplied hydrogen to the Xichang Yuecheng Hydrogen Refueling Station, realizing a breakthrough in the cross-regional hydrogen transmission of Panzhihua Hydrogen Source Center, marking the first step for Panzhihua to establish a low-cost hydrogen source supply place and build a "middle circle" hydrogen energy transportation network. Madian Mother and Child Hydrogen Refueling Station is the first batch of hydrogen energy industry demonstration projects built in Panzhihua City, with a daily hydrogen refueling capacity of 1,000 kg, which can meet the daily hydrogen supply of 2 tankers and 50 hydrogen fuel cell vehicles.

Chairman of Trina Solar: The energy storage industry is expected to double next year

At the Bloomberg New Energy Finance Shanghai Summit on November 27, Gao Jifan, chairman of Trina Solar (688599.SH), said that the integrated development of solar energy storage can solve the asymmetry of time and space of renewable energy, as well as solve the problem of intermittent mismatch of energy, which is much more important than the reduction of photovoltaic costs. He believes that with the current configuration of photovoltaic and energy storage, the energy storage market will grow rapidly, and next year's energy storage is expected to double on the basis of this year, and the integration of photovoltaic and storage is the future development trend.

BMW Brilliance signed a memorandum of understanding (MOU) on low-carbon aluminum

On November 27, it was reported that BMW Brilliance recently signed a memorandum of understanding with Shenhuo Group and Shuai Yichi Group for green electrolytic aluminum and recycled aluminum from 2024 to 2030. Compared with primary aluminum, green electrolytic aluminum and recycled aluminum have significant advantages in energy conservation and emission reduction. It will help meet the demand for high-quality low-carbon aluminum produced by car companies and reduce the carbon footprint of automobile production from the source.

Tesla's Cybertruck delivery event will take place on December 1

On November 27, Tesla posted on Weibo that the global official delivery of the Cybertruck will be held at the Texas Gigafactory in the early morning of December 1, Beijing time, saying that it will "break the traditional definition and subvert the aesthetic design"

Changan Automobile's Thailand plant is scheduled to start operations in the first quarter of 2025

Zhu Huarong, chairman of Changan Automobile (000625.SZ), said on November 27 that Changan Automobile's new energy production base in Thailand will be put into operation in the first quarter of 2025, and the three major brands of Deep Blue, AVATR and Changan Qiyuan will be fully introduced, and 15 new energy products are expected to be launched by 2030. At the same time, Changan Automobile will export to the right-hand drive vehicle market in Thailand, such as Australia and New Zealand. In terms of the global market, Changan Automobile will achieve global sales of 5 million units by 2030, and its sales scale will rank among the top 10 global car companies.

Southeast Grid: The consortium won the bid of 140 million yuanDistributed photovoltaicsproject

东南网架(002135.SZ)11月27日公告，其与东南碳中和、浙江中新电力工程建设有限公司组成的联合体为“杭州萧山环境光伏能源有限公司30MWpDistributed photovoltaics发电project”的中标单位，本project中标总金额为1.4亿元。

Jiangsu Huachen plans to buildNew energy电力装备产业基地project

江苏华辰(603097.SZ)11月27日公告，与徐州高新技术产业开发区管理委员会拟签署《投资协议书》，在徐州高新技术产业开发区拟投资建设New energy电力装备产业基地project，本project总投资约20亿元。