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Australian start-up SunDrive has secured A$21 million (US$13.2 million) in a Series A fund that will help commercialise its solar technology.
REC Group, an international pioneering solar energy company headquartered in Norway, announces that it has signed a major manufacturing equipment supply agreement with Maxwell Technologies, a leading manufacturer of solar cell and module equipment.
The company continues to seek new ways to hold onto its lead in the electric vehicle space.
The dry-coating technique used to produce the bigger cells in Tesla's 4680 battery is new and unproven, so the company is having trouble scaling up manufacturing for big cost savings.
The secret behind Elon Musk's goal of selling 20 million Tesla's a year by 2030 lies in its pioneering battery technology.