Germany

Encavis AG has announced the purchase of a 12MW/24MWh battery storage project in Hettstedt, Germany. The energy storage system will be integrated into the grid in 2024 and will store electricity from Encavis' renewable power facilities, reducing the cost of balancing energy. Mario Schirru, Encavis' Chief Investment Officer, highlighted the new plant's ability to generate more revenue from their Renewable Energy. First half of 2023 results reported flat revenue and earnings per share.

RWE AG is constructing an 8.4-MW solar farm with an 8-MWh battery storage system in Germany, consisting of 22,000 bifacial modules that will power 3,100 households. The project is part of a EUR 4 billion (USD 4.34bn) plan to build 1,000 MW of renewable energy in the Rhenish mining district by 2030.

Secursun, a German joint venture, has started construction of its portfolio of 1.1GW solar parks in Germany, with 7+ projects beginning this year & more to complete by 2026. Berlin-based Securenergy Solutions & Sunotec specialize in solar construction.

Global new investment in renewable energy skyrocketed to $358 billion in the first six months of 2023, a 22% rise compared to the start of last year and an all-time high for any six-month period. This is based on the latest investment data from BloombergNEF’s 2H 2023 Renewable Energy Investment Tracker report, published on August 21, 2023.

MAHLE, a Germany-based automotive supplier, has unveiled a bionic battery cooling plate to improve cooling performance by 10% and reduce pressure loss by 20%. The new plate also uses 15% less material, reducing CO2 emissions. MAHLE will present this innovation at IAA Mobility and will collaborate with ProLogium for the development of a thermal management system for solid-state batteries.

The joint project between Tesvolt and Green Energy 3000 adds a 12 MWp solar farm near Braunschweig, Germany with two TPS-E storage containers and the ability to supply power to 5,000 households. This is among the winners of the innovation tender and will receive state funds.

REVKOR and H2GEMINI partner to construct a 5GW solar cell and module production facility, beginning production in Q2 2024. The project will utilize HJT/Perovskite technologies and mark a milestone for renewable energy.

Explore Hybridkraft: a project funded by the German government to combine solar thermal & photovoltaics. Harness 1 megawatt solar-powered heater to increase efficiency & reduce energy costs for industrial applications.

RES, a UK-based renewables developer, has been granted approval to build the 35MW Limbach Solar Park in eastern Germany. The project will produce 38 million kWh of energy annually, enough to power 19,000 people, and reduce emissions by 30,000 tonnes each year. RES will hold a public event to inform local citizens and expects a permit in Autumn 2024, with commissioning in Q2 of 2026.

RheinEnergie AG is constructing Germany's largest 32 MWp solar park with 7 MWh battery storage. Subsidized 20 MWp of capacity will power 10,000 households, while remaining 12 MWp will be unsubsidized. RheinEnergie currently operates 57 MWp PV and 172 MW wind capacity across Germany.

Vattenfall acquires German solar developer Solizer, gaining a 4GW project pipeline and experienced team. Solar projects will be ready for construction as early as 2024, helping Vattenfall meet the growing demand for cost-competitive solar power. Part of the company's plan for further investment in renewable energy sources.

Research team at Fraunhofer ISE has developed a layer to boost the efficiency of organic solar cells. This could be a major step towards making renewable energy more accessible and cost effective.

Energiekontor has reached financial close on a 60MW solar park in Brandenburg, Germany, with construction starting in Q3 2024 and 68GWh of green electricity generated in its 1st year of operation. It also has the option to develop solar parks with a total capacity of 225MW in Germany and France.

Iberdrola has announced its first photovoltaic project in Germany. 56MWp of clean energy, 80,000 bifacial solar modules, 50GWh a year, 20,000 tCO2 savings and €5m in local taxes. Vodafone partnership takes Germany one step closer to the industrial energy transition.

CEE Group and Goldbeck Solar have commissioned a 154.77-MWp solar farm in Brandenburg, Germany. Generating 160,000 MWh of green electricity every year, the Doellen park will power 36,000 four-person households with DAL Deutsche Anlagen-Leasing GmbH & Co. KG backing the project. Engie has assumed PPA partner responsibility for the next 10 years.