Strategic Alliances

Government-owned Bharat Heavy Electricals and the Automotive Research Association of India will combine their respective strengths in technology development and testing and certification to work on electric and trolley buses, EV chargers and battery and charger testing.

The two power companies, who worked together on the 700 MW concentrating solar power phase of the Mohammed bin Rashid Al Maktoum Solar Park, have reportedly agreed to develop power generation and desalination projects along the route of China’s new Silk Road.

The first part of the project will see the company connect a 25 MW PV station to a carbon ferrochrome smelter in the free zone. Several more plants could follow, ranging in size from 10 MW to 40 MW.

The international financial institution and the South Korea-based fund have agreed to jointly lend $16.7 million to Chinese developer Universal Energy to build a 30 MWp solar project in the eastern part of the Central Asian country.

The “next-generation” utility has presented a micro-grid at a Togolese village. The concept can be reproduced and power schools, small businesses and homes alike. Even an internet connection is part of the project. Despite the World Bank and other institutions reaching out to provide capital for electricity supply, Germany-based Mobisol GmbH is currently in self-administered insolvency proceedings.

While Ford is known in the United States for its gas-guzzling pickup trucks, the vehicle manufacturer cannot circumvent the global trend towards e-mobility. The market for large electric pickup trucks could be there as Canada dashed ahead with a federal EV sales target, that aspires 100% EV sales in 2040.

Back in October 2018, SolarEdge announced its acquisition of Korean battery maker Kokam. Executives from both companies will be featuring as a part of discussions at pv magazine’s Future PV Roundtable during Intersolar 2019 and Lior Handelsman, Founder and VP for marketing and product strategy for SolarEdge spoke to pv magazine about the acquisition and strategy.

The polysilicon manufacturer will be one of the partners in a fund for the city of Leshan which appears to be planned chiefly to upgrade the poly production facilities of one of the company’s subsidiaries.

A subsidiary of the poly maker and PV developer will commit more than $200 million of its cash to an investment fund which could then finance projects for one of its fellow GCL Poly Energy Holdings businesses.

TrendForce says the country deployed more than 1 GW of new PV for the first time last year, and predicts this year may see as much as 1.5 GW of new solar capacity. The nation’s cumulative capacity reached 2,618 MW at the end of last year, according to the International Renewable Energy Agency.