Chinese module manufacturing giant JinkoSolar today published its financial results for the full year 2018. While the company achieved an impressive 16% growth in shipments over the previous year, its total revenue took a 5.4% hit compared to 2017, thanks to falling module prices throughout the year.
The electric carmaker has signed 12-month credit agreements with three of China’s ‘Big Four’ lenders as well as the development bank for Shanghai as it aims to get its lower-priced Model 3s rolling off the production line by the end of the year.
The DOE’s Office of Energy Efficiency & Renewable Energy has awarded $50,000 to 20 teams that advanced to the semifinal stage of the American Made Solar Prize. The teams will now have 90 days to design a proof of concept.
PowerLedger’s xGrid is a blockchain-based electricity trading platform that’s now being used in a Pennsylvania business park, in addition to Chicago, California, a large housing unit in Australia, plus a few more locations.
Enphase says its inverter lead times are ~13-15 weeks, even with dedicated manufacturing lines for components. Two new long term contracts expect to turn on in Q3 and Q4 ’19, lowering lead times to ~6-8 weeks.
Australian lithium developer Neometals has taken its lithium‐ion battery recycling technology to the floor at a pilot plant in Canada. SGS Canada has been contracted to construct and operate the pilot at its Lakefield facility, and handle both the front-end feed preparation and hydrometallurgical processing/refining stages.
The growing market for tracker-mounted solar within the U.S. commercial and industrial market is being driven squarely by mammoth utility bills that often include time-of-use charges and total demand charges. Single-axis and double-axis systems are being deployed on warehouses, at agricultural facilities, factories, mines, landfills, carports, and other sites, often with a payback of only a few years, equipment sellers say.
While U.S. senators Ed Markey and Alexandria Ocasio-Cortez introduce a resolution for a clean energy package, legislation has been tabled in six states aiming to implement 80-100% clean energy by 2050 or earlier.
Maxwell, which specializes in supercapacitors, will become a wholly-owned subsidiary of Elon Musk’s business.
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