While it took 60 months to reach the first million electric vehicle (EV) sales, in late 2015, it took the fourth million just six months. China is driving this development. Meanwhile, as first generation EVs batteries are reaching their end-of-life, interest in second-life use cases is growing. The volume of retired EV battery packs is set to be 108 GWh by 2029 – representing a third of the expected storage capacity market at that time.
The Vermont Lower Income Trust for Electricity have provided a US$150,000 grant for 100 low-income electricity customers with significant need for reliable backup power due to health and mobility issues.
While the microinverter maker is still the target of an aggressive short, Roth Capital Partners has reiterated its “buy” at $6.50 per share, describing the IQ8 as a “game changer”.
The deal gives SunPower $25 million in cash and 7.5 million shares in Enphase. Enphase also gains access to SunPower microinverter IP, and rights to SunPower’s Equinox AC modules line.
Arizona State University researchers have determined that a 32% efficient perovskite-silicon tandem cell could produce electricity at the same price as cutting-edge 22% efficient panels in the most cost-competitive of situations
The U.S.-based company has brought its operating margin to below -1%, as it fends off component shortages, short sellers and potential tariffs.
In what analysts worldwide are sure to look back on as the last golden period for global solar – at least for the immediate future – China saw more impressive figures for PV manufacturing in the first half of the year. Then the government stepped in.
The U.S. state’s latest report shows that it has beat its 2020 target for emissions reductions four years early, mostly thanks to more renewable energy.
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