Facebook announced nearly 1 GW in new renewable contracts
As the company races to meet its goal of becoming 100% renewably powered by the end of 2020, Facebook has made another massive investment in clean energy — signing contracts for 806 MW of solar and wind power from projects across Utah, Ohio, Illinois, Tennessee and Ireland.
SolarEdge violated Huawei inverter patent, rules Chinese court
Huawei said the Guangzhou Intellectual Property Court in China has ruled in its favor in a patent dispute with its Israeli rival.
Q Cells to acquire energy software startup Geli, expanding its storage capabilities to go after C&I markets
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.
Tesla may become power provider in Germany
The high-profile electric car maker is conducting a survey of German customers to gauge their interest in a Tesla electricity tariff.
A residential vanadium flow battery
Flow battery firms have typically pursued utility-scale storage projects rather than the small-scale residential applications targeted by VoltStorage.
SolarEdge stock jumps on Q2 revenue beat and solid earnings — despite Covid-19
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.”
Despite revenue growth, Quick Mount PV to let 40 employees go and shutter California manufacturing
Despite strong revenue growth in the U.S., the racking company is abandoning its U.S. manufacturing (and rhetoric) to “create a globally diversified supply chain.” Quick Mount was acquired by Netherlands-based Esdec last year in a roll-up of U.S. racking companies.
First image of Tesla’s German Gigafactory unveiled, with rooftop PV to boot
Tesla boss Elon Musk has published the first image of the planned Gigafactory in Grünheide, near Berlin, in eastern Germany.
Solar and storage venture capital and finance roundup
Plus a bunch of investments in carbon capture.
European consortium bid to bring 25.4%-efficient heterojunction-IBC solar cell into mass production
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.
