Vietnamese media claim the new factory is being built to diversify the company’s supply chain away from China and as an answer to new requirements from western countries and suppliers.
The cells will be used in Powin’s Stack360 storage product, with the first units slated for delivery in later this year.
Also on the rise: LS Power launches Rev Renewables, El Paso Electric issues an RFP for renewables, and Biden’s infrastructure agenda clears one big hurdle but faces still more.
The plant will produce super-high-efficiency heterojunction solar cell modules for residential and commercial applications.
Also on the rise: Two companies petition for Section 201 tariff extension, Morgan Solar introduces a new data tool, and an insurer wants Amazon to pay for a house fire caused by a defective solar generator.
Also on the rise: Three startups that aim to change the solar and clean tech sectors, battery companies join effort to improve cycling performance, solar PV shipments rose in 2020 as demand grew and costs fell, and more.
The Photovoltaics Report published by Fraunhofer ISE said that Europe had just 1.25 GW of solar wafer production capacity at the end of 2020.
Tesla acquired the supercapacitor maker in 2019, but has since moved on and sold the unit to UCAP-Power, while keeping the company’s dry electrode tech.
Also on the rise: Startup invents battery breakthrough, Arizona is tapped for a Li-ion battery plant, solar PV shipments were up 33% in 2020 as demand rose and prices fell, and groups press DOE to move TVA off of fossil fuels.
The Arizona-based company earlier announced plans to expand its operations in Ohio. All totaled, the company said that its nameplate manufacturing capacity will double to 16 GWdc in 2024.
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