Manufacturing

The United States private sector makes up for nearly a quarter of the $860 billion in global EV investment announcements through 2030. Funding opportunities via legislation more than double that figure.

California-based Yoshino Technology has developed portable batteries using solid-state Li-NCM cell technology. The four variants come with power outputs of 330 W, 660 W, 2,000 W, and 4,000 W.

Also on the rise: LG Energy Solution partners with Hanwha Group on U.S. battery development. Demand shifts from fossil fuels to renewables. And more.

The non-binding agreement with Impact Clean Power covers batteries produced through 2030 and may be worth $1.8 billion.

The South Korean partners will invest in ESS-exclusive battery production lines in the U.S. and develop technologies for ESS battery solutions.

Flex announced that its subsidiary, Nextracker, has publicly filed a registration statement for an initial public offering.

Also on the rise: Mexico could reach its goal of 35% clean electricity by 2024. Trina Solar’s new 6.5 GW Vietnam wafer plant to exclusively supply U.S. market. And more.

Trina Solar said it will start operating a new 6.5 GW solar wafer factory in Vietnam from mid-2023 to exclusively supply the utility, commercial and industrial (C&I) segments in the United States, as well as the US residential solar market.

Also on the rise: JA solar to manufacture modules in Arizona. A stop in Texas on the pv magazine 50 states of solar incentives series. And more.

The world’s fourth largest solar manufacturer joins a plethora of U.S. solar manufacturing announcements that have amounted to greater than 40 GW since the signing of the Inflation Reduction Act.