Solar and storage prices soared as a result of market disruptions, NREL reports
The Covid-19 pandemic, tariffs, the Uyghur Forced Labor Act all created such significant market disruptions between Q1 2021 and Q1 2022 that NREL researchers looked at both short-term distortions and long-term trends in its most recent annual cost benchmark report.
KORE Power raises capital from Siemens and Quanta for 6 GWh Arizona gigafactory
With initial output anticipated in late 2024, production at the KOREPlex gigafactory in Arizona is expected to double to 12 GWh of lithium-ion battery cells produced to meet expected market demand in energy storage and electric mobility applications.
Powin partners with SMA America for 2 GW supply agreement
Powin is expected to install battery systems over the next few years with SMA’s power inverters and other solutions.
Brick and iron heat battery for zero-carbon industrial processes
Bill Gates-backed Rondo Energy released the “brick toaster” heat battery, a unit that stores renewable energy and dispatches heat and electricity for processes in steel, cement, chemical manufacturing, and more.
Qcells, European consortium launch production line for tandem silicon-perovskite solar cells
South Korea-based Qcells and a research group led by Helmholtz-Zentrum Berlin (HZB) have established a pilot manufacturing line for silicon-perovskite tandem cells in Thalheim, Germany. The project aims to speed up the technology’s mass manufacturing and market penetration.
Off-grid solar plus storage EV ARC systems to be deployed by Puerto Rico government agencies
Puerto Rico’s power grid requires more than $130 billion in repairs after recent hurricanes. Solar and storage companies have provided distributed energy solutions in the aftermath of increasing storms.
Canadian Solar ships 6 GW of solar panels in strong Q3 22, with revenue a 57% yearly increase
Subsidiary CSI Solar, which produces about 10 bifacial and mono solar module models, remains on track to list on the Shanghai Stock Exchange in early 2023.
Sunrise brief: Canadian Solar business inks battery deal with UBS
Also on the rise: Michigan’s regulator appears friendlier to solar. Canadian Solar’s battery business inks a large supply agreement for a global investor. And more.
Solar-powered Sion EV to feature enhanced driver-assistance systems from Continental
The listed EV company expanded its partnership with Continental to provide driver assistance, smart key and passive key access, and crash sensors.
CSI Energy Solutions signs 2.6 GWh battery agreement with UBS in North America
Batteries provided by CSI are central to UBS’ energy storage strategy and part of the expansion of its US infrastructure business
