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Strategic Alliances

Power Ledger, Japan’s Kepco extend blockchain energy collaboration

Japanese utility Kansai Electric Power has extended a demonstration project with Australian P2P energy pioneer Power Ledger to track renewable energy certificates and trade PV-generated electricity.

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ReNew Power, South Korea’s GS E&C to build 300 MW of PV in India

The Indian developer will hold a 51% stake in the venture, with Seoul-based GS E&C taking the remainder. The capacity was awarded under Solar Energy Corp. of India’s tranche-IV auction earlier this year.

Date set for Panda Green state bail-out vote

The Hong Kong-listed, Chinese state-owned solar developer is in a race against time to settle a US$350 million bond which is due to mature on January 25. The bail-out, which will be put to the vote on December 30, will leave the company a further US$125 million shy.

European Investment Bank signs hydrogen investment deal

The EIB and the Hydrogen Council aim to jointly develop new ways to generate funding for hydrogen projects under the European Commission’s InnovFin Advisory program. The two parties, however, have not disclosed the financial terms of their planned collaboration.

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Europe approves €3.2bn to support battery R&D

The European Commission has approved use of funds given by seven member states to back Europe-wide R&D projects across the lithium-ion battery value chain, with the aim of potentially unlocking an additional €5 billion in private sector investment.

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Oman reveals bidders in 146 MW solar-diesel-storage tender

The state-owned Rural Areas Electricity Company wants to build 11 solar-diesel-storage projects in isolated rural areas. Pre-qualified bidders in the tender include Engie, Canadian Solar, Akuo, Longi, Jinko, GCL, Abengoa, Total and Belectric.

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Teaming up for 20% efficient CIGS

Manufacturers and research institutes from across Europe have announced plans to collaborate on creating improved processes for CIGS module production. Optimistically named SUCCESS, the project targets production line efficiencies of better than 20% for 30x30cm modules.

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A2A to acquire 1 GW solar pipeline from China’s Talesun

The Italian utility has agreed to buy the PV development pipeline for an undisclosed sum via a subsidiary, and vowed to start building its first large-scale, subsidy-free PV plant in the early months of 2020.

Masdar seals agreement to develop 400 MW of solar in Armenia

The Abu Dhabi-based clean energy group has entered into a formal agreement with an investment fund to develop 400 MW of PV capacity in Armenia, with a projected investment of up to $320 million.

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Mitsubishi consortium to acquire Dutch utility Eneco

Publicly-owned power company Eneco has explored the possibility of an IPO since early 2017 and now appears set to pass into new ownership.

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