Germany

Greece’s prime minister visited the German chancellor yesterday in Berlin and reached an agreement to set up an investment strategy that encompasses renewable energy.

While based in Munich in Germany’s south, renewable asset management software provider 3megawatt’s first major clients were in the United States. However, as the European markets have transitioned beyond feed-in tariffs to the complexity of subsidy-free solar and wind arrays, the understanding of the need for asset management tools is rapidly increasing, says 3megawatt founder and CEO Edmee Kelsey.

BBOXX has successfully closed a US$50 million Series D funding round that will see the next generation utility company accelerate its global expansion efforts.

Hamburg-based companies Thüga Erneuerbare Energien GmbH (THEE) and the CEE Group have signed off on a memorandum of understanding that will see both entities jointly operate large-scale photovoltaic plants in Germany without subsidies.

The performance of the company’s Selectively Coated Ribbons was measured for more than a year in a field test. Heraeus says the yield gains are achieved by the device’s optical properties – said to enable improved reflection – even at low angles of incidence and in low-light conditions.

Solibro will probably file for insolvency this month, according to German media reports. However, the company has yet to publicly confirm the matter.

A German research team claims to have created a new visualization technique it says can enable detailed mapping of the energetic landscapes of organic PV cells on a nano scale. The technique could lead to organic cells with reduced power losses.

Manz and Singulus have both seen turnover drop in the first half.

The VDMA says Europe can restart a solar production sector that can compete on price with Chinese imports by reducing transport costs – provided a Euro supply chain can be established.

Scientists at the Australia National University have observed a key stage in the process of photosynthesis which could be copied to greatly increase the efficiency of sunlight-powered water splitting processes used to produce hydrogen.

The weight of a thin-film rooftop PV installation at Netherlands football club AZ Alkmaar has been highlighted in media reports as a possible cause of a stadium roof collapse. However, a full investigation is yet to be launched and one German specialist said studies have shown flush-mount PV panels do not increase static wind loads on rooftops.

The energy company will build a 38 MW solar, 22 MW wind and 12 MW battery project on one site. The first fully renewable hybrid power plant could be a blueprint for post-subsidy Germany. Vattenfall has an eye on German coalfields in particular.

The German lender has issued a winding up petition over a $6.27 million debt and could scupper the manufacturer’s plans to restructure its defaulted payments and be taken over by a Chinese state-backed entity.

SMA has unveiled a new and improved version of its Sunny Boy-US line of inverters, part of the company’s Power+ residential solar offering. The new Sunny Boy will offer the latest technology and include enhanced safety features to comply with current industry regulations.

A new report from analysts at Wood Mackenzie forecasts 6.6 GWh of residential energy storage to be installed across Europe by 2024. The economics of the technology are at a tipping point, increasingly reaching grid parity in European markets. With rising electricity demand and falling battery system costs, the trend will further spread across the continent and fuel an uptick in demand.