Total and Groupe PSA take the next step in their lithium-ion collaboration, formally launching the Automotive Cells Company. Oil major Total and carmaker Groupe PSA have taken the next step in their lithium-ion battery manufacturing collaboration with the launch of a new joint venture company and the first management appointments. The Automotive Cells Company (ACC) […]
SunPower Completes Spinoff of Manufacturing Assets to Newly Formed Company Maxeon
The two companies plan to continue working together closely in the coming years. Distributed solar and storage company SunPower and panel manufacturer Maxeon Solar Technologies finalized their split on Thursday. The transaction, first announced in November, will allow SunPower to focus on its core business of residential and commercial solar and storage sales while Maxeon […]
WoodMac: A New Battery Chemistry Will Lead the Stationary Energy Storage Market by 2030
Lithium-iron-phosphate batteries will rapidly rise in popularity as the market begins differentiating between EVs and stationary storage. Lithium-iron-phosphate (LFP) will become increasingly popular for stationary energy storage applications, overtaking lithium-manganese-cobalt-oxide (NMC) within a decade, Wood Mackenzie forecast in a new report. As demand from electric vehicles and the stationary storage market both skyrocket in this decade, evolving performance priorities […]
MNRE: States & Ports Need to Locate Land for RE Manufacturing and Export Services Hubs
The MNRE secretary tweeted that ” All States and Ports requested to identify land parcels of 50 – 500 acres for setting up RE Manufacturing and Export Services Hubs”.
WoodMac: Distributed Storage Outlook Shrinks for 2020 Due to Coronavirus
Industry concerns have shifted from supply chain risk to executing projects and bringing in new business. Residential and commercial energy storage installations are taking a hit as the U.S. tackles the coronavirus pandemic. The behind-the-meter storage segment will install 31 percent less capacity in 2020 than previously forecast, according to a new analysis by research […]
Avalon and RedT Finally Ready to Merge in Rare Flow Battery Confluence
Consolidation could be just what the fledgling flow battery industry needs. Two flow battery companies are about to complete a months-long effort to combine forces. It’s a rare instance of elective M&A in this challenging sector of the energy storage industry, where acquisitions often happen after a bankruptcy or insolvency. North America’s Avalon Battery will […]
Trump Administration Lowers Import Tariffs on Chinese Batteries
The drop from 15 percent to 7.5 percent will improve project economics, but uncertainty lingers. The White House halved import tariffs on batteries manufactured in China as part of the larger trade deal signed this week. The tariff on batteries, just part of $300 billion in Chinese goods targeted by the White House last year, […]
Polysilicon Industry Awaits Certainty on US-China Trade Deal
U.S. producers of the solar feedstock offer cautious optimism after the trade agreement includes polysilicon. The trade deal signed between the United States and China this week brought a jolt of positivity to U.S. polysilicon manufacturers, who have for years struggled to stay competitive while tariffs hampered access to the Chinese market, which accounts for […]
Canada’s e-Zn Raises Millions to Commercialize Long-Duration Zinc Energy Storage
Startup bets on cheap and abundant zinc — and the emergence of a market for long-duration storage. Canadian startup e-Zn has raised money to store clean energy far longer than currently available batteries allow, using cheap and abundant zinc. On Wednesday, the company received CAD $2 million ($1.5 million) in non-dilutive grant funding from Sustainable […]
Solar Industry Asks Trump to Allow More Cell Imports to Spur Domestic PV Manufacturing
U.S. trade officials are preparing a midterm review of the Trump administration’s solar tariffs, with a range of potential outcomes. It’s been almost exactly two years since the Trump administration placed a 30 percent import tariff on solar cells and modules. And in large part, the industry has coped. Market conditions like module oversupply and […]