Strategic Alliances

If the German polysilicon manufacturer is the ‘Supplier A’ referred to in the Chinese panel maker’s annual report, Wacker has negotiated a near $33 million settlement from arbitration. As part of the settlement, Wacker will continue to supply its counterpart with poly up to 2028.

Con Edison states that it has become the number two solar power generator in North America with the finalization of its Sempra purchase which included 980 MWac of operating solar.

The services will be provided for Alten Africa. The IPP says the project is its first utility-scale system in Kenya. The country has recently presented its universal electrification strategy, which places emphasis on solar PV generation.

Mercedes Benz has announced plans for all of its German factories to be supplied with CO2 free energy by 2022. Meanwhile, Renewables investment firm Octopus Energy has signed a five-year PPA with Shell Energy Europe to provide the global energy giant with power from several unsubsidized PV projects it is constructing in Italy.

The Global Solar Council has released a 15 point plan, which is largely policy focussed, alleging that the industry has down its homework to slash the costs of solar. Now its policies turn to even the playing field. In a similar effort, the World Future Council has announced that it will launch a new platform for policymakers and the industry to enable an ongoing dialogue.

The deal marks the first time BayWa r.e. enters into a distribution agreement with a Chinese module manufacturer, according to a company statement. The deal has been described by the companies as a ‘win-win’ for both.

Agreement to wave requirement for chief shareholder FEFAM to conduct a full takeover paves way for shareholders to vote through a debt-for-equity swap that will reduce the historic battery maker’s debts by a reported 65% next Tuesday.

The chairman of the European Energy Research Alliance says the EU must bring national research centers together in a continent-wide effort before it is too late, and the COP24 meeting needs to send out a positive message to the world.

At the weekend’s G20 summit, a framework agreement for the project expansion was signed by project initiator Jemse SE and Chinese partners Power China and Shanghai Electric. The plant expansion will include the deployment of storage capacity. The project is one of two PV plants, totaling 400 MW, selected in round one of the RenovAr program for large-scale solar and renewable energies.

Accumulated water at hydropower facilities can work as a virtual charge during the daytime while direct solar power is being used, according to a study. Reservoir-based hydropower plants will offer the best such option, as they are highly controllable and offer abundant water levels.