Strategic Alliances

The International Solar Alliance (ISA) received a significant boost at the New York One Planet Summit, with European Investment Bank (EIB) President, Werner Hoyer announcing a commitment to back the ISA in its expansion of India’s solar industry and the exchange of technology.

AlsoEnergy has acquired/merged with its third energy monitoring and asset management company this summer. This most recent move brings 25 GW and 190,000 projects under AlsoEnergy’s responsibility.

The European Solar Manufacturing Council has been launched at EU PVSEC in Brussels. Participating research institutes, mechanical engineers, material and PV manufacturers stress the importance of having big solar manufacturers in Europe.

The new Selectively Coated Ribbons (SCR) technology could improve yields by 2.2 Watts on module level, says the manufacturer. The new ribbons can also be used with existing equipment, omitting the need for manufacturers to invest in new production outlay, at a time when profit margins in module manufacturing are squeezed.

The car manufacturer is deploying its second island project this year. Smart EV charging – and second-life EV batteries for stationary storage – are expected to help increase self-consumption, reduce carbon footprints and improve energy independence. The news comes amid a rising uptake of EVs in Europe.

As EV adoption rates pick up pace, oil companies are looking to invest in the technology to maintain their position in the transport sector. Total has moved for G2mobility, which develops interconnected EV chargers that, using a web platform, provide smart energy management services.

The market for EVs is experiencing robust uptake worldwide with companies, governments and municipalities implementing policies to drive development. EVN and EVBox announced plans for expansion this week, and the UK government is also pouring investment subsidies into the electric vehicle market.

The Turkish company has signed a framework agreement with the Kazakh Ministry of Energy and with the Turkestan district local authority for the large-scale project, which will be in the southernmost, sunniest part of the country.

The transaction, expected to be finalized next month, will be made through the purchase by the Advanced Materials business of the holdings of Q Cells’ three main stakeholders. The company told pv magazine the operation is intended to enhance the group’s solar growth strategy.

Chinese industrial group, Roshow Technology has revealed plans to purchase a 92.3% stake in Shunyu Jieneng Keji, a PV project developer, in an asset restructuring deal valued at CNY 1.5 billion ($218.4 million).