China nickel and steel giant plans renewable energy plants
Tsingshan Holding Group will build 2,000MW solar and wind capacity and 5,000MW hydropower
09 March 2021 - 17:01
A Chinese group aiming to supply nickel for electric vehicles (EVs) is planning a suite of renewable energy plants in Indonesia to clean up its metal smelters and meet demands from carmakers for greener battery materials.
Tsingshan Holding Group, the world’s top producer of nickel and stainless steel, will build 2,000MW of solar and wind capacity in the next three to five years in Indonesia, it said in a WeChat announcement on Monday. It is also planning 5,000MW of hydropower, it said without giving a timeline...
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