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Strategic Alliances

ABB taps Tigo for MLPE solution across its residential inverter range

The Swiss power electronics giant has announced that its UNO-DM-PLUS string inverters are now operationally compatible with Tigo’s DC optimization technology, which also offers module-level monitoring and rapid shutdown capability.

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The impact of transition

The smarter E: First to join Intersolar was the energy storage trade fair EES, and now the concept has become even more comprehensive, the trade fair and conference even bigger. Markus Elsässer, CEO of the organizer Solar Promotion, explains that all of the events now fall under the umbrella of “The smarter E”.

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SoftBank, Saudi sign incredible 200 GW solar MOU – comment

A memorandum of understanding (MOU) has been signed between the Crown Prince of Saudi Arabia and Japan-based SoftBank founder Masayoshi Son, to establish the world’s largest solar PV energy project by 2030. How likely it is to materialize, and what will be done with the power, if it is realized, however, remains to be seen. Of more interest, says BNEF, is the first 7.2 GW phase.

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Solar on tap: Australia’s Carlton Breweries signs PPA with BayWa r.e. for PV supply

The Melbourne-headquartered brewer will receive solar energy from a 112 MW solar farm located in the state of Victoria, and owned and operated by Germany firm BayWa r.e. The move is part of Carlton’s drive to become 100% renewable.

BBOXX raises €1 million for off-grid solar through crowdfunding

U.K.-based off-grid developer, BBOXX and online renewable energy investment platform, Trine have raised €1 million from crowdfunded investments in less than one month. The financing will be disbursed at the beginning of April, to enable BBOXX to scale up its operations in Kenya.

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Eon plans to take majority share in Innogy

Eon has announced plans to take over a 76.8% stake in the German utility, RWE’s renewable energy spin-off, Innogy. The acquisition is part of a far-reaching agreement between the two, which envisages redistributing operations so that RWE focuses on the renewable energy business, while energy networks and customer solutions would be the responsibility of Eon.

TEPCO reaffirms renewables commitment, vows to expand globally

The head of Tokyo Electric Power (TEPCO) has said that the Japanese company remains committed to renewables development, and has vowed to expand the regional utility’s business beyond its home market in the coming years.

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EU Battery Alliance wants 20 EU giga factories, Saft announces partnership with Siemens, Manz and Solvay

The EU Battery Alliance is calling on industry to take advantage of the expected 2025 €250 billion battery market by establishing between 10 and 20 European giga battery factories. Saft, meanwhile, has announced an alliance with Siemens, Manz and Solvay to work on advanced lithium ion and solid-state battery technology.

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India: Shell may acquire majority stake in Fourth Partner Energy

Shell is rumored to be interested in acquiring a majority stake in Fourth Partner Energy, a rooftop solar power firm based in Hyderabad, India.

IE signs investment deal with Alten RE for up to 600 MW of sub-Saharan Africa PV projects

A deal, worth up to US$36 million, has been signed by South Africa’s Inspired Evolution (IE), under which it will invest in Alten RE Developments Africa B.V. Over 600 MW of solar PV projects are set to be developed.

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