StoreDot is opening the facility with the hope that the additional research and development capacity will allow the company to commercialize its battery products by 2024.
Also starting up: Watts Battery joins accelerator program, and an autonomous solar plane with a wingspan larger than a 747 takes flight.
The record low price was offered for the 600 MW Al Shuaiba PV IP project, which competed in the second round of the country’s procurement scheme for renewable energy.
Full-year revenues nudged up despite tough comparisons with the end of 2019 for the final quarter of last year. The inverter maker expects to log revenues of $385-405 million in the current three-month window.
Yotta Energy just won seed funding to install batteries under solar modules — in an architecture analogous to microinverters and optimizers.
Despite the pandemic, residential solar growth continues. Commercial solar, always the problem child, is having trouble coping with the virus.
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.”
Also in the brief: As much as $600 billion could be invested in new solar generation between 2021 and 2025 worldwide, Duke Energy is set to construct the company’s first-ever solar facility on a retired landfill site and more.
pv magazine’s Amjad Khashman has spoken to Chinese solar developer Jinko Power about negotiating the world record low price tariff agreed for electricity generated at the Al Dhafra solar project in Abu Dhabi.
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