The Solar Trust of America forms joint venture with SolarHybrid

Facebook
Twitter
LinkedIn
Reddit
Email

The Solar Trust of America has formed a joint venture with SolarHybrid as it looks to establish itself in the solar industry. The new company, SolarHybrid of America, has already signed a letter of intent to establish a range of utility-scale projects in North America. This portfolio will include stand-alone systems, as well as projects incorporating concentrated solar power (CSP).

“Developing CSP and PV in tandem will allow us to achieve better cost and production efficiencies than with either technology on its own,” said Uwe Schmidt, chairman and CEO of Solar Trust of America. “From the outset, our plan has been to bring utility-scale solar power to the growing US market as a vertically-integrated engineering, construction and services provider that is technology agnostic.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

“With over 2,000MW of permitted sites in the pipeline, Solar Trust of America is delighted to partner with SolarHybrid AG to accelerate our expansion into the photovoltaics marketplace.”

Under the terms of agreement, SolarHybrid of America will operate out of Solar Trust of America's Oakland office.

Read Next

November 7, 2024
New South Wales, Australia, has secured the highest allocation of energy generation in the upcoming Capacity Investment Scheme (CIS) tender, standing at 7.1GW.
November 7, 2024
Turkey has launched its latest solar tender, seeking 800MW of capacity to be split between six projects in six regions across the country.
November 7, 2024
The Indian states of Rajasthan and Gujarat need a “concerted effort” to maintain their central roles in the country’s energy transition, according to the Institute for Energy Economics and Financial Analysis (IEEFA).
November 7, 2024
The China Energy International Engineering Co. (Energy China) is about to embark on a milestone 1GW solar project in Iraq.
November 7, 2024
Freyr Battery has agreed to acquire a 5GW module manufacturing facility in the US state of Texas from Trina Solar.
Premium
November 7, 2024
PV Talk: Kane Thornton, CEO of Australia’s Clean Energy Council, tells George Heynes about the opportunities for solar PV in Australia's bid to become a renewable energy 'super power'.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
November 12, 2024
San Diego, USA
Solar Media Events, Upcoming Webinars
November 13, 2024
4pm GMT / 8am PST
Solar Media Events
November 19, 2024
Philadelphia, USA
Solar Media Events
November 20, 2024
Zhuhai, China
Solar Media Events
November 21, 2024
London, UK