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Tesla may Go Private For $420 Per Share Price

The $420 share price of Tesla is seemingly decided on the fact that it is already a valuable automaker in the United States. Stunning the shareholders and onlookers, Elon Musk in a tweet mentioned about thinking to make the American Multinational Corporation, Tesla, private at a cost of USD 420 per share. The tweet made […]

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BMW Brilliance and CATL Signed Strategic Cooperation Agreement

BMW Brilliance claimed to consolidate its new energy ecosystem of ‘In China, For China’ which covers the entire life cycle of new energy vehicles from battery cell production to battery cell recycling. Luxury and sports automaker BMW’s energy efficient arm BMW Brilliance and battery maker Contemporary Amperex Technology (CATL) has signed a strategic cooperation agreement […]

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SolarEdge Q2 Net Income Jumps 53% YOY

SolarEdge reported record revenues of $227.1 million, up 8% from $209.9 million in the prior quarter and up 67% from $136.1 million year over year. SolarEdge Technologies, a global leader in smart energy, revealed net income at USD34.6 million, down 3 percent from USD35.7 million in the prior quarter and up 53 percent from USD22.5 million year […]

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Hanergy Allies with Bluecar to Study Scope of Solar Electric Vehicles

The companies involved in the strategic agreement would involve in the designing, manufacturing and producing solar electric vehicles in the future. A subsidiary of Beijing based leading solar manufacturer, Hanergy Holding Group has partnered with Bluecar, a subsidiary of France’s Bollore Group to discuss the scopes of design, manufacture and production in the field of solar electric […]

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SolarEdge Stretches Lawsuit against Huawei in Germany for Breaching ‘Patent of Addition’

Among other fiscal damages, SolarEdge Technologies seeks lawful orders to recall the cease of Huawei power optimizers from the German markets. SolarEdge Technologies, a global leader in smart energies, has extended its lawsuit pending in the Mannheim District Court, Germany, against Huawei Technologies and connecting firms by asserting two additional patents related to its power […]

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LONGi Solar Inks $600 Mn Pact with American Firm

This is another solid step LONGi Solar has taken as a global leading monocrystalline module maker in its overseas deployment. LONGi Solar said that it has signed a USD 600 million contract with an American company to sell high-efficiency monocrystalline modules in the United States. This is another solid step LONGi Solar has taken as […]

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How Many Chinese Module Suppliers can Compete with JinkoSolar, Outside China?

Since Chinese investments into major cell and module facilities started – more than 10 years ago – success ultimately has been driven by overseas market-share gains, above other technical or financial benchmarks that otherwise would be expected. However, despite the efforts of well over 50 Chinese cell/module makers (where the cut-off is including those with […]

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Exicom Becomes Member of CharIN e.V. to Back Global Standard for EV Charging

The motive behind the move is to continuously and competently advance the combined charging system (CCS) with an aim to establish this system in the global markets. One of the leading power & energy solutions provider Exicom Tele-Systems has become a core member of the Charging Interface Initiative (CharIN e.V.), an open coalition of world-class […]

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ADB Raises €600 Mn via Green Bond to Spur Climate Financing

Further, the bond has a coupon rate of 0.35 percent p.a. payable annually and a maturity date of July 16, 2025. It was priced at 99.924 percent to yield 43 basis points (BPS) over the DBR 0.5 percent February 2025. Philippines-based Asian Development Bank (ADB) has raised €600 million to help finance climate change mitigation […]

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