The EV, energy storage and solar company deployed only 47 MW of solar during Q1, as Tesla moves away from traditional sales methods towards web-based sales for its products.
Let me be clear: as a developer of utility-scale projects, we are very bullish on bifacial. We see bifacial as the next major evolution in solar module technology. Even if bifacial modules trade at a slight premium for the time being, many manufacturers tell us they intend to make even their monofacial panels with bifacial cells. Once they move their production lines over to bifacial, there won’t be a huge marginal cost difference and the prices will equilibrate – as a result, the module market norm will increasingly evolve to bifacial cell and module technology.
The state grid operator reported breaking 11 GW of instantaneous power from large scale solar on Saturday at 1.50pm. Just 20 minutes earlier, the CAISO grid was exporting a record 1.5 GW of electricity, and last Wednesday it hit 93% clean electricity for a moment.
The ITC will look at cells made by LONGi, JinkoSolar and REC Group, based on claims by Hanwha Q Cells that the companies have infringed on its PERC technology.
Google, Walmart, Facebook and GM and more than 200 companies with combined revenues of over $1 trillion have joined together under the Renewable Energy Buyers Alliance, and have set a goal to bring 60 GW of renewable energy online by 2025.
Macquarie has closed on funding for a third portion of a 340 MWh project in Southern California, and LADWP is planning 1.8 GW of batteries.
Scientists at MIT have developed a new type of “hybrid” cathode for lithium batteries, which they say could increase their energy density beyond that of current commercial lithium-ion battery designs.
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.
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