Strategic Alliances

Samsung and the city of Oxford in the UK have announced the trial of a neighborhood heat pump scheme in Rose Hill, Oxford. The project aims to connect communities to local installers, helping to remove key barriers to heat pump uptake, including cost. Up to 150 Samsung air-source heat pumps will be installed at a reduced price of GBP 2,600 ($3,185) each.

Gerard Reid, co-founder of corporate finance advisory Alexa Capital, considers whether the EU is up to the task of dealing with the twin threats of the energy crisis and the pull of a revitalized US clean power industry.

Australian grid operator Transgrid has partnered with German machinery manufacturer Zeck for the use of its innovative steel separation tech. Zeck’s machine can process electricity transmission lines into a recycle-ready state onsite. Previously, Transgrid sent old transmission lines offshore for this process at a much higher cost.

An international consortium led by Israel’s Al-Zahrawi Society has launched the Regace project to develop agrivoltaic solutions for greenhouses. It will investigate the performance of a new tracking system across locations and climates and use carbon dioxide enrichment to improve crop yield.

New Zealand government-owned Genesis Energy and renewables partner FRV Australia have purchased an advanced 52 MW agrivoltaic solar project on New Zealand’s South Island. If the project meets its 2024 operational target as anticipated, it will be the country’s first utility-scale solar farm.

Sun Cable, the company behind the world’s largest solar and storage project, has officially gone up for sale after entering voluntary administration in Australia in January. Its administrator, FTI Consulting, is seeking binding offers of acquisition or recapitalization by the end of April, with a deal to be finalized by the end of May.

An international consortium led by Italy’s Eurac Research launched the Symbiosyst project to adapt PV modules, mounting structures, and maintenance technologies to the needs of various crops in agrivoltaic installations in different climates.

French solar developer TSE, in association with Alliance BFC, has unveiled the initial results of a pilot study in France on how solar panels can affect soybean growth.

Luxembourg’s Socom and Belgium’s Evocells have announced plans to merge. The new company, Solarcells, will open a 50 MW solar panel factory in Luxembourg by the end of this year, with plans to potentially double its annual output by 2026.

The Inflation Reduction Act (IRA) has opened a new door for US solar manufacturers, as one of the executives behind a US-Jordanian project to bring PV production to the US explains.