Strategic Alliances

Shareholders in the heavily-indebted solar project EPC and building-integrated PV manufacturer will vote on the last day of the month on the proposed takeover of the business by a Chinese state-backed entity. No news has emerged of a winding-up order due to be heard yesterday.

Philippines-based AC Energy will work with UPC Solar Asia Pacific – the solar energy unit of Hong Kong-headquartered UPC Renewables – to build more than 1 GW of solar in the coming years, with an initial focus on Asian markets such as India, South Korea and Taiwan.

Automotive Electronics Power Private Ltd. (AEPPL), an India-based lithium-ion battery manufacturing venture between three Japanese companies, aims to produce 30 million cells per year by 2025.

Solar infrastructure developer Lyon Group has launched a joint venture with two Asian energy generators to use integrated battery storage systems to reduce curtailment risks and increase the flexibility of renewable energy plants in the Asia-Pacific region.

The heavily indebted solar project developer has revealed the state-backed element of two trailed fire sales of 636 MW of solar and wind project portfolios in China. The divestments will generate up to RMB450 million for the company while recognizing RMB200 million in losses on its investments.

European partners have submitted a joint proposal to use EU-made solar modules and wind turbines to power green hydrogen for use by heavy industry. The partners hope to secure designated status and backing from the bloc’s deep coffers.

The company launched a solid-state battery in August it claimed could recharge itself to some degree from electrons in the air. Now ConFlow is preparing to test its devices with the help of artificial intelligence-powered monitoring devices in the new year.

Germany has long been a global leader in driving acceptance of clean technologies through its progressive energy policies and regulations. Its influence in addressing climate change extends well beyond its borders, and the country is taking an active role to support the global energy transition through international cooperation. Germany has bilateral energy partnerships with approximately 20 countries, and its strong partnership with California is focused on creating a route to the future – a carbon-neutral one. State Secretary at the Federal Ministry for Economic Affairs and Energy Andreas Feicht met with pv magazine to discuss the country’s partnership with California, and its journey toward decarbonization.

Plans to develop an 18 GWh lithium-ion battery factory in northern Queensland have reached an important milestone with the project feasibility study submitted to the Queensland government.

The holders of almost six million shares in the company voted against the reappointment of chairman and CEO Liu Hongwei as a non-executive director. On Liu’s watch the company has had to turn to a state bail-out from China to help ensure its survival.