News

The energy crisis has resurfaced in Europe due to shortages in natural gas, interruption in nuclear power, reduction in wind power generation, and cold weather, as well as the exacerbated tension between European countries and the natural gas supplying country Russia. ...  more

Nikola delivered its first electric truck, the Nikola Tre, over the weekend that marks the initiation of the first batch of 100 units. The company will continue to deliver in 2022 and generate the first inflow of revenue. ...  more

A ceremony was held on December 2 for the signing of an agreement to develop a 2GWh energy storage plant in Yinchuan, which is the capital city of China’s Ningxia Hui Autonomous Region. The plant will deploy the sodium-ion battery technology. This event was first reported by the official news platform of Yinchuan Government. ...  more

The Greek government has announced that it will soon proceed with its mixed tender for 600MW of PV and wind generation as the European Commission has endorsed the country’s state aid scheme for subsidizing renewable projects and high-efficiency combined heat and power plants. The 600MW tender is currently scheduled for launch in March next year and will be financially supported by the scheme. This event was reported by various renewable energy news websites in early December. ...  more

Harley-Davidson’s e-bike subsidiary Livewire is set to go public in the US and be listed on NASDAQ via SPAC, with leading Taiwanese motorcycle manufacturer Kymco providing a cash infusion of US$100 million as a shareholder. ...  more

EV startup Rivian announced that it use the US$13.7 billion capital that it received as part of its IPO to build a second factory in the state of Georgia. This factory will operate with double the production capacity of Rivian’s Illinois factory. ...  more

We are unable to create thin and lightweight modules using silicon solar cells due to the property of this particular material. If we are still going down this path, the only way would be to shift to other solar cell technologies, like the research team at Stanford University that attempted to create a different solar panel using the transition metal dichalcogenide (TMD). ...  more

Chinese PV product manufacturer JinkoSolar released its unaudited financial results for FY2021Q3 on November 30. Its module shipments for the third fiscal quarter that ended this September 30 came to 4.671GW, and its combined cell and wafer shipments for the same period came to 322MW. Altogether, Jinko’s quarterly product shipments (including wafers, cells, and modules) reached 4.993GW. This figure represents a drop of 4% from the previous quarter as well as a year-on-year drop of 2.4%. ...  more

Italy-based multinational energy company Enel Group has announced that it will spend EUR 70 billion (USD 83.3 billion) between now and 2030 to enlarge its renewable energy and energy storage portfolio. ...  more