The battery integrator has already began to draw on the funds as it continues to expand its market presence in the United States and in Australia. Shell Ventures is now a major sonnen investor and and the companies have agreed to future cooperation.
Parent company Daimler will continue to offer batteries for residential applications to selected partners, but no longer under Mercedes Benz Energy. The company plans to align the stationary storage segment with its grid business.
Tennessee safety authorities have submitted their report on the hydrogen explosion at the polysilicon plant of the German manufacturer in Charleston. They demand $25,400 in fines from Wacker Chemie for violations of various regulations, and the company continues its efforts to resume production.
Following an explosion at a U.S. production facility in 2017, the German polysilicon producer is under investigation by local authorities. Wacker Chemie must now pay a fine of $20,000 for failing to comply with certain regulations regarding the provision of personal protective equipment and employee safety during maintenance work prior to the accident.
The former head of Germany’s Fraunhofer ISE said in an interview with Spiegel that, although the proposed U.S. border wall should reach a length of only 2,000 miles, this would be enough to build a huge PV installation. With a solar LCOE ranging from $0.03 to $0.05/KWh the PV plant could be amortized in five to six years.
The German-American module maker shipped 382 MW in the first three months of this year. The company’s plan to focus on monocrystalline PERC products is being implemented according to schedule.
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