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Meyer Burger exposes places for brand-new cell, module plants in Germany
manufacturing centers for heterojunction solar cells and also solar modules in Germany.
It has made a decision to produce solar cells in Bitterfeld-Wolfen,
Jul 11, 2020 // Manufacturing News, Markets & Finance News, Germany, pv modules, solar cells, Europe, meyer burger
Germany's Federal Network Agency Awards 664 MW In Wind And Solar Projects
Germany's most current mixed-technology tender was oversubscribed, awarding near to 400 MW of wind and also 264 MW of solar projects. The tender, which was open for entries by December 1, 2020, targeted 366.9 MW of onshore wind capacity and also got propositions for 657.1 MW coming from 96 quotes.
The Federal Network Agency, additionally called the Bundesnetzagentur (BNetzA) in German, announced on December 21 that 58 bids out of 96 bids were granted for an integrated capability of 399.7 MW.
It noted that this was the initial oversubscription in an onshore wind tender this year.
The most affordable quote value of a proposal that was accepted is 5.59 ct/ kWh
The highest possible proposal value of a proposal that was approved is 6.07 ct/ kWh
The average, volume-weighted award value is 5.91 ct/ kWh
The tender round will make it possible for the construction of 153.6 MW of wind farms in Schleswig-Holstein, 89 MW in North Rhine-Westphalia, and also 84.9 MW in Lower Saxony. 3 quotes had to be omitted from the competition due to formal errors. The tender for solar photovoltaic (PV) capability wound up awarding 264.2 MW of projects versus a target of 257 MW. An overall of 936.1 MW of projects were submitted with 186 bids, out of which few were omitted. From those 45 winning propositions, 15 belong to projects which will be installed on cultivatable land or grasslands.
The lowest quote value of a proposal that was approved was 4.88 ct/ kWh
The bid with the highest possible honor worth was 5.26 ct/ kWh
The standard, volume-weighted additional charge value is 5.10 ct/ kWh
Germany's following tender for onshore wind will certainly be released on February 1, 2021, while an affordable round for roof PV ability will begin on March 1, 2020.
The Federal Network Agency is the German regulatory office for power, gas, telecoms, message, and also railway markets. It is a federal government firm of the German Federal Ministry of Economics and Technology as well as headquartered in Bonn, Germany.
Dec 23, 2020 // Markets & Finance News, Germany, Europe, Federal Network Agency, International, solar projects
Germany's Svevind to Develop 20 GW Green Hydrogen Project in Kazakhstan
and the EU." Svevind maintains a portfolio of renewables projects in Sweden, Germany and also
Nov 2, 2022 // Solar to Fuel, Asia, European Union, kazakhstan, svevind, Wolfgang Kropp, Charles Michael, electrolyser park, European Council President, Hyrasia One, Kassym-Jomart Tokayev, Kazakhstan President, Svevind Energy Group
JinkoSolar Signs Lasting Deal with Germany's Wacker For Polysilicon
Solar Co., Ltd. as well as supply polysilicon from its production websites in Germany as well as the United States.
Mentioning the deal, Chief Executive Officer of
Aug 18, 2021 // Manufacturing News, Markets & Finance News, Jinko Solar, Germany, Europe, polysilicon, solar modules, Wacker Chemie AG, Kangping Chen
Germany's BayWa r.e. Builds Central Europe's Largest Floating Solar Plant
solar projects in APAC region were set up in Thailand with 2.8 MWp, in Germany with 3 MWp, and now, Austria with 24.5 MWp.
The companies will carry out
Feb 22, 2023 // Plants, Large-Scale, Commercial, Floating PV, Europe, baywa r.e, floating solar plant
Australia & Germany Collaborate for Solar Powered Methanol Project Off Australia's Port Augusta
in Australia as Principal Energy Partner alongside Fichtner leading in Germany as well as is supported by fellow Australian technology company Calix as
Jan 30, 2023 // Plants, Darren Miller, green methanol, concentrated solar thermal power, Craig Wood, Fichtner, Hydrogen Innovation and Technology Incubator, HyGATE, Vast Solar
Germany's RWE to Obtain United States' Con Edison CEB at $6.8 Billion
Germany-based worldwide renewable resource growth business RWE AG has claimed that it has actually authorized an acquisition contract with Con Edison to acquire its Con Edison Clean Energy Businesses (Con CEB) that runs and establishes renewable resource plants in the USA. It has 3 GW of running capacity with 90 per cent in solar. Con Edison also has a strong development pipe of more than 7 GW.
RWE claimed that after the acquisition, RWE will certainly become the fourth largest renewable resource business in the US and its second largest solar operator.
Funding of Acquisition, Additional Growth
RWE and also Con Edison have agreed on a purchase cost based on an enterprise value of $6.8 billion. At a numerous Enterprise Value/EBITDA of 11X, this stands for an eye-catching price. Additionally, with EBITDA of around $600 million from year one on, the acquisition is earnings accretive.
Financing of the acquisition and the additional growth are funded via debt instruments and also an equity capital measure taken on by RWE AG. Equity will certainly be elevated via issuance of a necessary exchangeable bond to a subsidiary of Qatar Investment Authority.
Markus Krebber, Chief Executive Officer of RWE AG, said, "Our equity capital action is the basis for financing the acquisition of Con Edison CEB and also of the additional environment-friendly growth in the years to find. I am delighted that QIA is sustaining RWE's increased growth ambitions with their resources commitment. This underscores our approach to be one of leading vehicle drivers of the global energy change."
" The deal we announced today will enable Con Edison to greatly concentrate on our core utility businesses as well as the investments needed to lead New York's ambitious clean energy shift," said Timothy P Cawley, Chairman as well as Chief Executive Officer of Con Edison.
Enhancing the Portfolio
RWE stated that incorporating its and Con Edison CEB's portfolios practically doubles RWE's operating possession base in the United States to 7.2 GW. At the same time, the presence of RWE in US becomes a lot more widely spread out across the substantial bulk of the states.
The company held that a consolidated job pipeline of more than 24 GW in onshore wind, solar as well as batteries provides one of the largest advancement systems for renewable energy in the US RWE is also expanding its international offshore wind tasks. RWE stated that it had actually already set aside as much as EUR 15 billion gross for investment in the United States as part of its Growing Green strategy, which imagines global investments of EUR 50 billion gross by 2030.
RWE's Concentrate on US.
RWE stated that the United States plays a key role in the firm's method to grow its renewables business and also to become carbon neutral by 2040. It currently has more than 30 jobs in operation in Texas, New York, Pennsylvania, North Carolina, Georgia, Ohio, Indiana, Illinois, Oklahoma and Arizona with a total installed generation capacity of 4.1 GW in onshore wind, solar and also batteries.
Its likewise creating offshore wind in the USA. The company, together with its joint venture partner National Grid Ventures, secured location OCS-A 0539 in the New York Bight offshore lease public auction in the united state with the potential to host 3 GW of capacity, enough to power 1.1 million united state homes.
Oct 3, 2022 // Markets & Finance News, Solar, Markus Krebber, Renewable Energy, onshore wind, Con Edison, Con Edison Clean Energy Businesses, Growing Green strategy, RWE AG, Timothy P Cawley, United States RE market
Solarwatt to Shift Battery Production to China
manufacturer Solarwatt is shutting down its battery factory in Dresden, Germany, by the end of this year. The company will be moving all battery and solar
May 28, 2024 // Manufacturing News, Storage, China, Asia, Solarwatt
Vattenfall, Wieland's 46-MW Solar PPA Fuels Decarbonisation
The PPA is linked to Vattenfall's 46-MW solar park in Nauen, Brandenburg, Germany, which is set to be completed in 2025 and will supply around 46 GWh of
Mar 1, 2024 // Plants, Large-Scale, Commercial, Germany, PPA, Europe, Vattenfall, Wieland
Statkraft's German Solar-Battery Power Plant
build a 47 MW solar power plant and 16 MW battery storage facility in Zerbst, Germany. The project, which will provide energy to power around 14,000 households, is
Jun 27, 2023 // Storage, Germany, Europe, Statkraft
Secursun Launches 1.1GW German Solar Portfolio
projects by 2026, accounting for 15% of the total of 7.2GW of solar built in Germany last year. Speed is of the essence for the successful completion of the energy
Aug 22, 2023 // Markets & Finance News, Germany, Europe, Secursun
Qair Expands German Portfolio with New PV Park
power producer Qair has commissioned a new solar PV park in Baden-Wurttemberg, Germany. The Volkertshausen plant covers 1.5 hectares of land on the shores of Lake
Jul 26, 2024 // Plants, Large-Scale, Commercial, Germany, Europe, PV Power Plant, Qair
Meyer Burger Halts German Plant, Shifts Focus to US
Meyer Burger has announced plans to halt its manufacturing operations in Germany and focus on growth in the US. The company cited the deteriorating market
Jan 18, 2024 // Manufacturing News, USA, Germany, Europe, meyer burger, North America
MaxSolar's 76-MWp Solar Project Energizes Bavaria's Future
MaxSolar GmbH has begun construction on a 76-MWp solar project in Bavaria, Germany. The solar park, located in Amerdingen, is expected to be completed by the end
Jun 10, 2024 // Plants, Large-Scale, Commercial, PV Power Plant, Bavaria, MaxSolar GmbH
Greenvolt secures 100MW in German PV auction
secured the right to develop around 100MW in the first solar auction held by Germany this year.
Via MaxSolar, it has won a total of 5% of the capacity put up for
Apr 17, 2023 // Markets & Finance News, Germany, Europe, Greenvolt