Mavatar AI Launch, MoonPay Crypto Deal, China Solar Auction Concerns

**Business Brief: Technology and Energy Sector Developments - September 15** Dagens Industri, Reuters, and Bloomberg.com report on significant developments across the technology and energy sectors. In healthtech, Swedish firm Mavatar has announced the early commercial release of Mavatar Discovery, an AI platform designed to accelerate disease research and drug discovery. The platform leverages the company's DINA framework to analyze extensive biomedical data, enabling researchers to identify biomarkers and therapeutic targets more efficiently. CEO Johan Juhlin stated that the launch signifies a "turning point for how disease research and drug discovery are done." The platform is now available to partners, research institutions, and pharmaceutical companies. In fintech, Bloomberg.com reports that MoonPay Inc. has acquired crypto payments startup Meso Network. Although financial terms were not disclosed, the acquisition is intended to enhance MoonPay's support for U.S. banking infrastructure, including electronic and real-time payments. This strategic move also aims to strengthen its developer platform, facilitating easier integration of MoonPay's products and positioning the company to more effectively compete with established payment networks. Reuters highlights challenges emerging in China's solar energy market following the first provincial auction under a new renewable pricing mechanism. The Shandong province auction resulted in a clearing price of 225 yuan ($31.58) per megawatt-hour (MWh) for solar power. Analysts suggest this price may be insufficient for investors to achieve an acceptable rate of return, potentially impacting future project investments. This new market-based system replaces a guaranteed return previously tied to coal prices, with the objective of curbing over-investment. However, the low auction price, influenced by a surplus of completed projects, indicates potential investment hurdles.