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.
Morning Brief: Oil-rich Norway finds carbon capture too expensive, House’s $1.5T infrastructure bill packed with pro-solar provisions
Also in the brief: largest operational battery in the U.S., more futile carbon capture and more landfill solar
Energy investment roundup: $50M for drinking water from solar-powered ‘hydropanels’
Also African microgrids, $200 million for solid-state batteries, $20 million for utility field safety, billions for infrastructure, and millions for deep tech.
Denmark’s CIP reaches first close for $6 billion renewable infrastructure fund, the world’s largest
Investments will include offshore wind, onshore wind, solar PV, transmission, storage, waste-to-energy and biomass assets.
Volkswagen invests up to $200 million in stealthy solid-state battery builder QuantumScape
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.
