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Northvolt Raises $1.2bn for Expansion
customers. The company has cell design and manufacturing operations in Sweden, Germany, Portugal and the US. Which Investors Are Funding Northvolt's
Aug 22, 2023 // Markets & Finance News, NORTHVOLT, Sweden, Europe
Meyer Burger secures financial institution authorization to buy SolarWorld manufacturing facility in Germany
Financial Institutions of SolarWorld Industries have approved the sale of a production facility to Meyer Burger. The Swiss technology group prepares to manufacture extremely effective solar modules at the plant.
Jul 31, 2020 // Markets & Finance News, Germany, Europe, meyer burger
Delta provides inverters for southern Germany's biggest ground-mounted PV plant
Delta Electronics Europe BV is giving its high-efficiency PV string inverters M70A collection to the solar business Anumar, an engineering, purchase and building and construction (EPC) companies, which is developing the "Solarpark Schornhof" project, currently the biggest ground-mounted solar park in Southern Germany.
Dec 16, 2020 // Inverters, Germany, Europe, Delta
Vattenfall offers 27.5 MWp of solar farms in Germany to FP Lux Investments
of one solar farm of 10 MWp and an additional of 7.5 MWp, both gaining from Germany's EEG feed-in-tariff plan. The 3rd plant, of 10 MWp, has a lasting power
Dec 10, 2021 // Markets & Finance News, Germany, Europe, Vattenfall, Solar Farms, FP Lux Investments
Juwi requires longer green project target dates in Germany amid supply chain woes
The German federal government should expand the target dates for the execution of subsidised green power projects as the persistent supply chain interruptions and also extended distribution times are jeopardising lots of initiatives, according to renewables designer Juwi AG.
Jun 9, 2022 // Markets & Finance News, Germany, Europe, juwi
Steag unit breaks ground on 12-MWp solar-plus-storage project in Germany
A unit of German power group Steag GmbH has started building work with a project for a 12-MWp solar plant integrated with two rooftop photovoltaic (PV) systems and a storage space facility with a capacity of up to 10 MWh in the state of Baden-Wuerttemberg.
Jun 22, 2022 // Plants, Large-Scale, Commercial, Germany, Europe, solar-plus-storage project, STEAG
Germany's KfW grants EUR-150m loan to back solar in India
German development bank KfW stated on Thursday that it has authorized an agreement to expand a EUR-150-million (USD 152.1 m) loan to the State Bank of India (SBI) to support the solar energy development in India.
Nov 10, 2022 // Markets & Finance News, Germany, India, Europe, Asia, KFW
Germany's DZ4 gets EUR 55m to grow rooftop solar rental business
German rooftop solar rental firm DZ4 has actually protected EUR 55 million (USD 60.58 m) in financing to scale its business across the nation and also include new products to its offering.
Apr 14, 2023 // Markets & Finance News, Rooftop PV, Germany, Europe, DZ4
Germany's Hep Global action in Poland with 100-MW solar purchase
German solar designer Hep Global GmbH has obtained a 100-MW portfolio of Polish solar projects in a deal that notes its access right into the Central European nation's solar (PV) market.
Apr 20, 2023 // Markets & Finance News, Germany, Poland, Europe, PV Power Plant, Hep Global
Hartree Partners introduces 4GW solar business AMPYR Solar Europe
of at the very least 4GW of solar projects in the UK, the Netherlands and Germany. It improves Hartree's existing collaboration with AGP, with both firms
Feb 1, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, UK, Europe, Hartree Partners, Stephen Hende
German ESS producer Tesvolt raises US$ 45m for global development and advancement
Germany-headquartered Tesvolt constructs energy storage systems (ESS) for a variety of industrial and industrial (C&I) markets, using 3rd party-supplied prismatic nickel manganese cobalt (NMC) lithium-ion battery cells. It has actually gotten orders worth near EUR100 million for this year until now, the business asserted, as well as it opened up a factory in Wittenberg, Germany, with 255MWh annual production ability in April 2020. Opening simply a month right into the COVID-19 pandemic, staff needed to operate in isolation from each other at the manufacturing facility, which Tesvolt claimed could be scaled up to 1GWh annual production capacity in line with increasing demand. It's latest product, the TS-1 HV 80 energy storage system, introduced in March, comes with an integrated 75kW three-phase inverter as well as is available from 76kWh as much as multi-megawatt-hour configurations, with the ability of housing as much as 340kW of batteries with a footprint of less than half a metre square. Lead capitalist in the brand-new financing round was the Liechtenstein Group-- a group of companies possessed by the Liechtenstein royal household. Tesvolt was supported by financial institutions UBS and Berenberg, while additionally taking part were exclusive financial investment as well as asset administration group ER Capital Holdings as well as Tesvolt's existing investor, IGB Funds, a mutual fund possessed by the German state of Saxony-Anhalt. Tesvolt is associated with a project to bring online in October 2020 what went to the time Europe's most significant EV billing park, supplying 2MWh of battery storage to enable the facility to bill cars and trucks with a combination of onsite solar and also off-peak grid electrical energy. The business stated yesterday that another unnamed investor in the brand-new funding round is a family workplace with an auto history. The financier's participation provides Tesvolt a more method into the automobile area, especially inductive EV charging, the company asserted. Tesvolt has itself spent right into an inductive charging business, Stercom Power Solutions. The financing round's proceeds will certainly be utilized to promote more international growth and go after a concentrate on innovative items. Tesvolt lately authorized an offer to integrate battery energy storage systems (BESS) modern technology into green hydrogen electrolyser projects with energy supply systems business Schaper Group. With that agreement, up to 40MWh of Tesvolt BESS will be integrated with an electrolyser option made by green hydrogen specialist Apex Group.
Nov 17, 2021 // Markets & Finance News, Storage, Germany, Europe, electric vehicle, green hydrogen, nickel manganese cobalt
Huawei facing another three Solaredge lawsuits
lawsuits follow the filing of similar legal actions undertaken by Solaredge in Germany against Huawei’s German business unit Huawei Technologies Düsseldorf GmbH and
Oct 7, 2019 // Manufacturing News, Inverters, Germany, China, Europe, Asia, SolarEdge, Israel, Jabil Circuit (Guangzhou) Co., Ltd.
ReneSola development pipeline gets to 2.2 GW amid 'great demand' for solar in Europe
exposing strategies earlier this month to simplify renewables permitting and Germany aiming to speed up solar and also wind release as the country aims to decrease
Mar 24, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, Poland, Europe, financial results, North America, renesola, ReneSola Power
Statkraft indicators additional 300GWh PPA with German firm
authorized a further power purchase agreement (PPA) with OPTERRA, one of Germany's leading cement producers, to supply an additional 300GWh of renewable power
Apr 20, 2022 // Markets & Finance News, Germany, Europe, Statkraft, Danilo Buscaglia
Volatile European power markets may be obscuring substantial cannibalisation risk
be eating into their own revenues," claimed Pexapark, which looked at Germany, Sweden as well as Spain for its report. The firm discovered that in Spain,
Jun 9, 2022 // Markets & Finance News, pv power plants, european energy, pexapark, european solar, energy prices, cannibalisation, capture rates