The French inverter maker is pulling out of the utility-scale segment to strengthen its profile in the residential and C&I space.
The French Environment & Energy Management Agency has published a report in which analyzes the dynamics of lithium supply and demand in different scenarios of global electrification by 2050. The agency experts are convinced that only with a 75% penetration of electric vehicles there is the real risk of a marked decrease in the safety margin of lithium supply.
The financially troubled PV maker has secured a last-minute line of credit to repay Total and other lenders, as it burns through cash.
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