Glencore to buy almost $115 million of cobalt from industry veteran Weisfisch

[Electrolyte and LiPF6 Chinese New Year Holiday Review and Post-Holiday Outlook] During the Chinese New Year holiday, the electrolyte and LiPF6 markets remained relatively calm, with trading activity largely coming to a halt. A review of pre-holiday market performance combined with an assessment of the production and sales pace in February indicates that both categories exhibited off-season characteristics of "simultaneous contraction in supply and demand." As the holiday concludes, industry production resumptions and price trends will heavily depend on the pace of recovery in downstream demand. In particular, the electrolyte market must also pay close attention to the pass-through effect of upstream raw material prices.

Project modification for the Inner Mongolia Hydrogen Power Technology Dalat Banner grid-side independent energy storage demo project has been approved. Located in Dalat Economic Development Zone, Ordos, the project has a total investment of 153.332 million yuan and energy storage capacity of 2 MW / 4 MWh, using an all‑hydrogen energy storage system. It comprises water electrolysis, hydrogen storage, and fuel cell power generation, equipped with: 12×1,000 Nm³/h alkaline electrolysers 2×1 MW hydrogen fuel cell systems 90,000 Nm³hydrogen storage

This week, Renexia, a developer in Italy's renewable energy sector, officially announced the successful deployment of an AXYS FLiDAR WindSentinel floating LiDAR system at the "Med Wind" floating wind farm site—the Strait of Sicily—which is under planning by CNOOC. The system will undertake a 12-month meteorological and oceanographic data measurement campaign, aiming to provide reliable and solid data support for this landmark project.