News

The UK’s Department of Business, Energy and Industrial Strategy (BEIS) announced in late February that it has allocated GBP 6.7 million in funding to support the development of 24 projects under the first phase of its Longer Duration Energy Storage Demonstration Competition (LODES Competition). BEIS launched the competition last year as another initiative to accelerate the country’s energy transition process and foster the domestic development of energy storage technologies. ...  more

Tesla announced recently that it will fully switch to the Tesla Vision self-driving system, including in the high-end Model S and Model X, and will also bid farewell to in-vehicle radar. ...  more

Glennmont Partners announced on March 1 that it has extended its pipeline of PV projects in Spain by acquiring a 161MW portfolio from Grupotec. Based in the UK, Glennmont is an investment fund that specializes in alternative energy projects. It became a subsidiary of US-based asset managing firm Nuveen last year. As for Grupotec, it is a Spanish EPC firm with 14 years of experience and 1.2GW of generation capacity installed. ...  more

Tesla China once again broke a new sales record with 56K units of vehicles sold in February alone under a YoY growth of 208%. ...  more

Since the first certificate issued by the National Renewable Energy Certification Center of the Bureau of Standards, Metrology and Inspection, MOEA, the number of issued renewable energy certificates (T-RECs) has exceeded one million up to February of this year, equaling approximately 1.06 billion kWh of green electricity, and approximately 534,000 metric tons of reduced carbon. ...  more

Kyoto Fusioneering announced that it will be establishing the first pilot factory for power generation through nuclear fusion in the hopes of producing CO2-free energy. ...  more

JA Solar’s production base in Qujing will undergo third-phase expansion to raise its cell production capacity by 10GW and its module production capacity by 5GW. ...  more

The price of nickel has soared for several days. It soared to more than US$100,000 per ton for the first time in early trading on March 8th, an increase of as much as 250% for two consecutive days. ...  more

The war in Ukraine has amplified Germany’s intention in extricating from the dependency on Russia’s fossil fuels. ...  more

Tesla's new 4680 battery accumulated production of one million battery cells last week. This battery will be a key part in Tesla’s efforts to improve battery life and reduce costs but, in fact, one million battery cells is a drop in the bucket. ...  more