In reporting first quarter results, the company said it would use some of its $1.5 billion in cash to stockpile materials as a hedge against rapid price rises.
Also on the rise: DOE funds university hydrogen research, Canadian Solar backs an AI-based energy storage tech provider, Mitsubishi partners to develop hydrogen storage for U.S. markets, and two Canadian companies float a ‘blue’ hydrogen plan.
The facility will occupy around 2,000 acres of BLM-administered lands some 13 miles west of Blythe, in Riverside County, California.
Also on the rise: Governor signs Rhode Island climate bill, Li-ion battery recycler secures $20 million for a processing center, and a joint U.S.-Israeli government venture funds a cyber security initiative.
Also on the rise: Canadian Solar starts work on $230 million worth of solar projects in Japan, and the Canadian government backs efforts to move Arctic communities off of diesel and onto renewables.
Also in the rise: Partners will test a large-scale vehicle-to-grid charging system, Canadian Solar funds a startup whose focus is on the rest of the world, Griddy files for Chapter 11 after ERCOT mess, and Daqo signs a supply agreement with a new wafer manufacturer.
Also on the rise: Texas regulators rebuff a call to roll off $16b in storm-related charges, Enphase Energy supplies microinverters to a senior housing project, and Canadian Solar sells Japanese solar projects.
Also on the rise: Appalachian Power issues an RFP for 300 MW of renewables, Canadian Solar closes its Japan fund, and a battery recycler is acquired.
Also on the rise: NPPD shops for 2 million MWh of renewables, JV will fuel ReneSola expansion, Canadian Solar sells a project stake, and natural gas rebounds after a lousy 2020.
Trina Solar is spearheading an effort to standardize 210mm silicon wafers and modules, aiming to improve production efficiency, supply chain optimization and innovation.
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