With the establishment of a strategic alliance with the Korean battery manufacturer CTNS, Aptera Motors takes a further step towards its solar-electric vehicle. Start of scale production for the Aptera SEV is expected by the end of this year.
Next2Sun and the American solar company Isun are building the Agri-PV plant on an area in Vermont. Construction is due to start in 2024. Vegetables will be grown between the rows of modules.
Sustained tightening of lending has shifted balance towards types of projects that rely on equity-intensive financial structures rather than debt in the US.
New PV installations worldwide will grow by more than 50% to 351GW for 2023 thanks to rising demand, Trendforce forecasts.
Energy storage installations are projected to reach a cumulative 411 GW (1,194 GWh) by the end of 2030, according to BloombergNEF (BNEF). That is 15 times the 27GW/56GWh of storage that was online at the end of 2021.
Hanwha Solutions, the Korean company that owns completely Qcells, announced a $320 million investment plan for solar manufacturing expansion in the United States and Korea.
Interest in agrivoltaics is growing worldwide as a way to combine solar power generation with sustainable, water-conserving agriculture and advance climate mitigation and adaptation.
Corporations purchased 31.1 gigawatts of clean power through long-term contracts (PPAs), largely driven by activity in the U.S. and from large technology companies in 2021, according to BloombergNEF.
Lithuanian solar module manufacturer Solitek has signed cooperation agreements with the US company Convalt PowerGen LLC. At the beginning of next year Solitek will start supplying its modules to the US market.
Ads-Tec Energy recently announced its expansion into the United States with the establishment of a US subsidiary, and the appointment of a key executive for sales, including the hiring of an experienced US sales team.
Power supply agreements are already common practice in the US. By combining it with a storage unit, RWE makes it possible to supply solar power even when the sun is not shining.
First Solar invests $680 million in a new manufacturing facility in Ohio for enhanced thin film PV modules.
Refinitiv Carbon Research comments on the US climate summit and its impact on global emission trading and carbon prices.
Q Cells obtained 24.8% market share in the U.S. residential market for FY 2020, marking 10 consecutive quarters of its No.1 position, according to Wood Machenzie Power & Renewables.
Manz AG has received an order for an assembly line for Li-ion battery modules from an EV manufacturer in the US.
A global survey of Macro Grids conducted by Iowa State University shows countries around the world are scaling up their electric grids in order to tap low-cost domestic and foreign renewable resources, grow their economies, and strengthen security.
