Strategic Alliances

An international team of economists says power-to-gas may already generate hydrogen at costs competitive with fossil fuel power plants in Germany and Texas, provided certain production output levels are not exceeded. If medium and small power-to-gas is competitive, large-scale should be viable by 2030.

The Saudi energy company and Chinese inverter maker and comms firm will team up to use information and communications technology to improve the performance of the former’s PV plants.

The two companies entered a technological partnership in 2013 and three years ago the Brazilian company acquired the wind power business of its US peer.

The U.S. wafer maker and the Korean module manufacturer expect to ramp the Malaysian factory no later than September. The fab is next to Hanwha’s existing cell and module facilities and 1366 Technologies plans to produce its Direct Wafers on a gigawatt scale for less than $0.20 per piece.

A European energy system powered solely by renewables is economically feasible, according to a study which suggests decentralized energy systems operating within the framework of a stronger pan-European energy trade could reduce the cost of electricity from the €69/MWh price seen four years ago to around €51 in 2050.

Unimpressed by last year’s China policy-related shenanigans, the inverter maker continued to grow at a rapid pace as it acquired storage, uninterruptable power supply (UPS) and e-mobility related businesses. Its full-year results place SolarEdge in a good position going into a more promising year, with solar installations expected to hit double-digit growth figures in many markets and reach 120 GW globally.

The Finnish PV equipment provider and the Lithuanian PV panel maker will manufacture IBC solar cells at Solitek’s factory in Vilnius with an initial production capacity of 60 MW.

The two nations have signed a memorandum of understanding to build a third power link connecting their electricity systems. The news will again initiate hope for the transfer of solar energy from Africa to Europe, but is that hope justified?

With its investment, the energy company has broadened its portfolio of ways to help customers save on energy bills. There are multiple energy companies pursuing similar goals at the moment as distributed generation and storage solutions require utilities to find new business models; not the least to avoid grid expansion costs.

U.K. developer Lightsource BP – in which oil and gas giant BP has a significant minority stake – and its Singapore fund partner EverSource Capital are reportedly ready to take up all the $100 million slice of Ayana Renewable Power which is being put up for sale.