Strategic Alliances

QMC licences quantum dot, thin film cell technology for Indian manufacture

Indian company Amtronics CC has paid Quantum Materials Corp an initial $500,000 as part of an agreement securing the right to manufacture quantum dots and thin-film quantum dot solar cells based on QMC technology for commercial supply in India. Construction has already started on a manufacturing facility in the state of Assam.

ACWA triumphs again in Middle Eastern tendering exercise

With no details reported on the final electricity price agreed for a 500 MW solar project to be built in Oman, speculation will center on whether the victorious Saudi power company and its Kuwaiti partners have again trumped lower offers from overseas rivals.

Chinese manufacturer Seraphim’s new 1 GW module fab will produce bifacial, half-cut modules

The Changzhou-based company, which has established the Shanxi facility with state-owned rival Shanxi Lu’An Photovoltaics Technology, has not revealed what proportion of the factory’s output will feature the high efficiency technology.

GCL-Poly backing grid AI application with new joint venture

The Chinese polysilicon heavyweight has joined forces with Japanese industrial and energy conglomerate Mitsui & Co and software company eVolution Networks, and promises to deliver a solution that will beef up the grid.

EU wants to know more about Eon’s bid to acquire Innogy

According to the Brussels authorities, the transaction could affect competition in the electricity and gas sectors. EU competition commissioner Margrethe Vestager wants to ensure there are no price increases as a result of the proposed takeover.

Solar becomes a must-have for utilities

Motivated by steeply declining cost curves, leading utilities are building solar portfolios around the globe. The latest statistics show the cumulative capacity of the biggest utility-scale solar plant owners topped 18 GW at the end of last year, with power companies in China, the U.S. and India to the fore.

Softbank to invest $10 million in device-integrated solar specialist Exeger

SB Energy Corp, a subsidiary of Japanese multinational Softbank, has announced a strategic partnership with Swedish company Exeger, which produces dye sensitized solar cells designed for integration into consumer electronic devices. Under the terms of the agreement, Softbank Group will invest $10 million in Exeger, with SB Energy Corp set to assist global rollout of the technology.

Smart Energy Week in Tokyo: Self-consumption, storage and a plentiful pipeline for now

Though we’re unlikely to see a return to the days of double-figure GW annual installation levels, Japan will stay at the top table of solar. Last week, pv magazine visited PV Expo Japan, part of Tokyo’s World Smart Energy Week, and found plenty of market developments to discuss, along with healthy interest from major players.

Off-grid solar could bring electricity to 740 million people by 2022

As RP Global starts work on 11 solar hybrid mini-grids on Lake Victoria that will supply electricity to 160,000 people, analyst Wood Mackenzie has released a report stating how increased capital flows in the sector may still fall short of securing universal electricity access by 2030. Nonetheless, off-grid solar is the cheapest and most viable solution for remote areas and attracts investment from fossil fuel majors and venture capital funds.

Analysis: Siemens’ entry into distributed generation works for Kaco too

Having launched a residential storage system, the German giant announced plans last week to acquire inverter maker Kaco and start a new smart infrastructure business from April 1. In light of those moves, pv magazine spoke to IHS Markit’s Cormac Gilligan about the new kid, albeit huge, on the block.

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