Aiming to win the EV battery race, the ten-year old solid-state battery builder has received more than $1 billion from investors including Bill Gates, Vinod Khosla and VW.
Huawei said the Guangzhou Intellectual Property Court in China has ruled in its favor in a patent dispute with its Israeli rival.
The acquisition is Q Cells’ first energy storage acquisition and marks its move into the U.S. commercial and industrial (C&I) solar-plus-storage market.
SolarEdge was able to keep its streak of profitable quarters going — in what was expected to be a hard-hit quarter for solar. The company sees “signs of recovery in the U.S.”
Tesla boss Elon Musk has published the first image of the planned Gigafactory in Grünheide, near Berlin, in eastern Germany.
The EU-funded Nextbase project aims to manufacture heterojunction, interdigitated back-contact solar modules for less than €0.275/W. Solar panels featuring the Nextbase cell tech are expected to have a conversion efficiency of 23.2%, according to the European Commission.
This investment comes on top of the $100 million invested in 2018. Venture capital and corporate funding of new energy technologies continues despite — or perhaps because of — the pandemic.
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