A well-connected U.S. firm is using China as a proving ground for its technology that aims to store renewable energy.
In early November, Energy Vault, a California-based energy storage firm, announced an expansion in China with five new projects deploying the company’s improbable technology: lifting 50,000 pound blocks high in the air to store energy.
That system, a type of what’s called ‘gravity storage,’ is one of many nascent technologies seeking to remedy renewable power’s big drawback: its intermittency. As more wind and solar power is used to power the grid, there is an increasing need global
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Chinese companies have decided that the best place to make money right now is outside of China. The phenomenon known as chu hai (出海), which translates to “go global,” has taken hold, marking a kind of second 'go out' initiative. This time, however, Chinese companies are being met with scrutiny and suspicion.
The former Commerce Secretary and ambassador to China talks about how his background shaped his approach to dealing with Beijing, the pivot to Asia and negotiating Chen Guangcheng's release.
A podcast about how the two nations, once friends, are now foes.
Hear why things are so complicated now. Host Jane Perlez, former New York Times Beijing bureau chief, talks with diplomats, spies, cultural superstars like Yo Yo Ma, and more to understand why the dangers are so high, and why relations went awry.