Strategic Alliances

SunPower, Dongfang to establish 5 GW P-Series cell, module factory

The U.S. solar maker and two Chinese companies are planning to build out the massive factory in eastern China, making good on the promise to transition to the lower-cost P-Series.

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Tokyo Gas, Shizen Energy launch solar development venture

The liquefied natural gas distributor and its partner plan to start jointly developing an initial 60 MW of capacity “as soon as possible,” according to an online statement.

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pv magazine & partners join forces with Hannover Messe

Along with initiative partners Huawei, sonnen, Suntech, S.A.G, innogy and First Solar, pv magazine will be exhibiting as part of the Integrated Energy Plaza at the 2017 Hannover Messe. The Solar Premium exhibition space will herald solar PV’s arrival as a major energy player at the iconic industrial trade show.

NSP shifts CFO to downstream developer ahead of Hong Kong IPO

Neo Solar Power (NSP) has shifted Thomas Hsu, senior vice president and CFO, to serve as CFO of Clean Focus Yield (CFY).

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DSM acquires Chinese backsheet manufacturer Sunshine

The Dutch science-based company has announced plans to expand its product portfolio for solar, with the acquisition of China based Suzhou SunShine New Materials Technology (Sunshine), a manufacturer of PV backsheets.

Japanese venture snaps up 10% of ReNew Power for $200 million

Jera — jointly owned by Japanese utilities Tokyo Electric Power (Tepco) and Chubu Electric Power — will acquire an equity stake in the Indian independent power producer via a subscription to newly issued shares.

BREAKING: SolarCity brand to disappear

Along with changing its name from Tesla Motors to Tesla Inc. the electric vehicle and battery maker will eliminate the SolarCity brand.

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SoftBank unit to complete 43.4 MW of PV

SB Energy — the renewables development unit of Japanese telecoms giant SoftBank — will connect the project to the grid from the start of February with partner Mitsui & Co.

PariGroup signs declaration of intent to take over Renusol in Europe

A declaration of intent has been signed by both parties. Renusol is set to be passed on as a brand and product to Parigroup, which already has a good working relationship with the PV assembly company.

ReneSola enters partnership with China Resources Leasing worth US$145 million annually

Chinese fully-integrated solar developer ReneSolar has signed the partnership with the significant holding company that would see China Resources Leasing provide it with an annual credit facility no smaller than RMB 1 billion (US$ 145.8 million) to expand its downstream project development.

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