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Strategic Alliances

Moixa launches 35 MWh battery cluster in Japan

The smart battery storage supplier has launched a 35 MWh cluster in Japan. This could grow to over 100 MWh within a year, says Moixa.

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GCL sells off stake in 160 MW of Chinese PV projects

Poly manufacturer and developer raises another $44m to pay down its huge debt pile after selling an 80% stake in two solar projects in its homeland.

Bill Gates to establish €100 million clean energy fund with EU

If plans are realized, the private-public investment vehicle will start investing in companies with green-tech innovations. The fund would be used to pursue technologies which could help the decarbonization of the economy but which have not received enough attention.

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Hanergy opens up with details of China’s new Great (Han)Wall

Thin-film manufacturer says its skyscraper product, which can be retrofitted, will open up a new BIPV marketplace – but spokesman sidesteps question of whether Trump’s solar duties will apply in the US.

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Digital Energy Solutions wins tender for 2.19 MWh of storage in Germany

The Munich-based company will receive up to €2 million for a large-scale storage facility in southern Germany. The system will consist of 52 lithium-ion car batteries –which are also used in the BMW i3 – and will be coupled with a wind farm.

Dutch battery maker signs agreement for €1.6bn Chinese gigafactory

Lithium Werks has ambitious plans for a global chain of utility-scale production lines that has secured the backing of the Netherlands government and PM Mark Rutte, as EU leaders contemplate a post-US trade future.

URE gets $90m financial backing from Taiwanese government

Taipei will invest in the company through its National Development Fund and government-run glass manufacturer Yao Hwa Glass Co. Ltd.

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Meyer Burger to lay off 100 workers and relocate most of PV business to Asia

There may be a much-vaunted ‘solar renaissance’ in the offing for Europe, but it hasn’t come quickly enough for the Swiss PV equipment supplier, which wants to handle most of its sales and services from China.

Daqo aims to slash polysilicon price as it forges ahead with production expansion

Deal negotiated with local electric utility for cheaper energy and a comprehensive modernization program will enable the poly maker to drive down production costs even more aggressively as it bids for market share in a swollen marketplace.

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Solaredge charges into storage market, acquiring Kokam

The inverter maker will buy 75% of Kokam’s shares for $88 million, with an intent to acquire the remainder shortly after, on the open market. Strategic company acquisitions and close partnerships are characterizing this year’s inverter market, as companies seek to diversify and integrate storage systems and other technologies.

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