News

Hikes in Silver Prices Will Have No Tangible Effect on Solar Market for Now, Says Industry Association

published: 2020-08-16 18:30
The recent COVID-19 pandemic and the ongoing increase in investments on renewables worldwide appear to have resulted in a sharp upswing in silver prices. Within a short three-day period from August 4 to 6, silver prices skyrocketed and hit a four-year high of US$28.04/oz. If this trend continues, manufacturers of PV cells will begin to feel an increase in cost pressure. A recent study came out from the University of Kent in the UK stated that silver comprises about 6% of the total production cost of a PV module. ...  more

Tainan Ranks First in Installed Capacity for Solar Under Effective Implementation of Renewable Energy Program

published: 2020-08-15 18:30
A series of measures, including the Sun City Project, the Low Carbon City Autonomous Regulation of Tainan, and the Sun City Project 2.0, have indicated the success in green policy for Tainan, Taiwan, with the total accumulated volume of alternatives exceeding 1.6GW. Tainan is also leading in the installed capacity of solar among the entire country as of June 2020. ...  more

Germany Released A New Version of Solar Highway. Is Driveway Canopy Attainable?

published: 2020-08-14 18:30
We have learnt from past experience that transforming road surfaces into solar panels perhaps is not the optimal green solution as both the bustling traffic and the substantial amount of dust will impact the performance of solar power generation. So what if the solar panels are installed above the driveway? German and Austrian scientists are recently pondering on how to utilize the highway section that occupies 2.6% of the total area in Germany by transforming the transportation network into a section of green power supply. ...  more

CATL on Ascendency as the Company Expands to Numerous New Markets

published: 2020-08-13 13:00
The Chinese leading battery manufacturer Contemporary Amperex Technology (CATL) has been teaming up with several high-profile tech companies and fiercely defending its throne in the field of batteries. CATL will develop new battery technology with Mercedes-Benz, while it joins forces with Schneider Electric in the fields of energy storage and lithium batteries. ...  more

Lucid Air Sets a New Standard for Electric Vehicles with an Estimated EPA Range of 517 Miles on a Single Charge

published: 2020-08-13 12:00
Independent verification of this industry-leading range highlights Lucid Motors' in-house engineering of advanced EV drivetrains, battery packs, and more. Lucid Motors, which seeks to set new standards for sustainable transportation with its advanced luxury EVs, today announced independent range verification of 517 miles on a single charge for its forthcoming Lucid Air all-electric sedan. ...  more

Is the Post-Pandemic Economic Revitalization Plan from the EU “Green” Enough?

published: 2020-08-13 10:00
As the leader in aggressive implementation of carbon reduction economy, the EU adheres to the philosophy of greening, even amidst the global COVID-19 pandemic, by drafting a post-pandemic economic revitalization program, and claims to conform to a “green recovery”, which signals that greening will be executed alongside the revitalization program. ...  more

First-of-Its-Kind 12-Month No-Payment Solar Financing Solution Through Mosaic Platform Supports Recovery of Home Solar Installations

published: 2020-08-13 4:00
PowerSwitch ZERO uses contact-free technology, giving new agility to the industry. Mosaic, a leading provider of financing solutions for residential solar and energy-efficient home improvement projects in the U.S., today announced the launch of a new solar financing offering: PowerSwitch ZERO. The loan keeps cash in homeowners' pockets with no payments required during the 12-month promotional period preceding a 10-, 15- or 20-year repayment period. It's an industry game-changer that responds to an immediate need to put solar installers back to work after the economic slowdown associated with COVID-19. ...  more