United States

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.

The legislation would enshrine a customer’s right to generate and store electricity on their own property as well as connecting to the grid without undue burden and freedom from discriminatory fees, as well as setting compensation for battery exports.

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.

Elon Musk’s company is seeing tremendous success with its EVs and global manufacturing, and dramatically scaling its energy storage deployment, but the Solar Roof is still not being widely deployed.

NREL has released an report which, for the first time, highlights utility scale energy storage costs with various methods of tying it to solar power: co-located or not, and DC- vs AC-coupled.

The California Building Standards Commission has approved the requirement that new homes integrate rooftop solar. This is expected to not only give a major boost to the state’s solar market, but to drive down costs.

No, Rupert Murdoch’s son will not be running the world’s largest EV maker.