Strategic Alliances

BayWa r.e. and Statkraft sign another power deal for subsidy free PV in Spain

Following their first strike with the 175 MW Don Rodrigo plant near Seville, the two companies have done it again by signing a long-term power supply deal for subsidy-free PV. This time it is for a 50 MW site under construction.

China to fund 450 MW of solar capacity in Bangladesh

The two nations are due to sign an MoU today to set up the capacity in the north of Bangladesh along with 50 MW of wind power facilities in the south, near the port of Payra. China will supply an estimated $500m with the host nation freeing up land for the projects.

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DEWA and Huawei hold strategic summit

The Emirati utility and the Chinese communications giant and inverter maker have discussed how they can work together to roll out solar and storage in Dubai as well as collaborating on cyber security and the use of AI to analyze cyber threats.

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GCL project development business has $1.6bn current liabilities deficit

The opening pages of the first-half update published on the Hong Kong exchange made all the right noises with the company set to be acquired by a Chinese state-owned entity. But the balance sheet makes for shocking reading.

Renewables and geopolitics: ‘There won’t be as much to fight over’

In the latest installment of pv magazine’s renewable energy and geopolitics series, Indra Overland says a new mindset is necessary to understand the geopolitics ahead as the rules of the fossil fuel era will no longer apply. A renewable world will have fewer strategic locations and bottlenecks and less territorial competition.

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MoU for vanadium redox flow battery collaboration in Australia

Australian Vanadium and Metrowest Power Systems have signed a non-binding memorandum of understanding to look at energy storage opportunities in Australia using vanadium redox flow battery technology.

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Singyes finally publishes details of last year’s annus horribilis

The collapse in business for the solar EPC provider after last year’s 5/31 policy announcement by Beijing has left the company’s future depending on the progress of a Chinese state bail-out. Provided that is, the business does not end up being wound up by Deutsche Bank first.

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Meyer Burger abandons plan to relocate operations to China

The Swiss equipment maker is instead preparing to commit its future to PV in its European heartland and will start with plans to help Norwegian module maker REC Solar embark on a gigawatt-scale production expansion.

Daqo signs 112,800 MT polysilicon supply deal with Longi

Daqo New Energy has agreed to supply 112,800 MT of polysilicon to Longi Green Energy Technology. The two parties did not disclose the financial terms of the three-year deal.

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Oxford PV orders 100 MW production line from Meyer Burger

The British-German perovskite startup has ordered a turnkey 100 MW silicon heterojunction solar cell line from the Swiss PV equipment supplier. The terms of the deal were not disclosed.

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