Origin Energy (ASX:ORG) has announced it has joined forces with Micron Technology to form a 50:50 JV to develop solar photovoltaic technology.
The US-listed Micron develops and manufacturers semiconductors.
“The near term objective of the JV is to combine the work Origin has done in solar development with Micron’s [manufacturing] capabilities and to examine opportunities for commercialization, Origin executive general manager Andrew Stock said.
ORG stock currently trading at $17.31.
Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.