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Asset manager WPO improves portfolio by 500MW
operations brings our organization to the heart of two major European markets, Germany as well as Spain as well as the uninterrupted continuance of top quality
Feb 12, 2021 // Markets & Finance News, Europe, WPO, Barthelemy Rouer, Dietrich Norbert Pals
Solar duo form 200MW German PV pact
to create, build as well as appoint a pipe of large-scale solar projects in Germany. Under the terms of the agreement, Ampyr Solar Europe will certainly be
Sep 3, 2021 // Plants, Large-Scale, Commercial, Germany, Europe, solar projects, Ampyr Solar Europe, Commerz Real’s KlimaVest, Andrew Gould
Luxcara shuts financing for 171MW German PV
economic close on the under-construction 171MW Tramm-Gothen solar farm in Germany. Tramm-Gothen lies in the municipalities of Tramm as well as Lewitzrand in
Jan 7, 2022 // Markets & Finance News, Germany, Europe, Luxcara, solar farm, Umweltbank, Alexandra von Bernstorff, Goran Basic
Meyer Burger to replace CFO again as newly selected incumbent steps down
officer (CCO). The firm opened up both module as well as cell factory in Germany last year, each starting manufacturing with annual capacities of 400MW. Last
Feb 16, 2022 // Manufacturing News, Markets & Finance News, meyer burger, heterojunction solar cell, cfo, executive appointments
German solar manufacturer Solibro is a bankrupt
Germany-based company, Solibro GmbH, appears unable to provide the amount of money needed to restructure the firm, so the business has to stop operating. In
Nov 5, 2019 // Manufacturing News, Markets & Finance News, Germany, Europe, Solibro, bankruptcy
Europe approves $3.2 billion to support battery R&D
EU member countries -- Belgium, Germany, France, Italy, Poland, Finland and Sweden – have agreed to supply around $3.2 billion to support research to
Dec 10, 2019 // Markets & Finance News, Storage, Europe, lithium-ion battery
Large scale solar passed the 200-GWAC milestone in 2019
India will stay at the top, but it will probably be the last time the UK and Germany hold onto their 4&5 positions. We expect to see them being overtaken in
Jan 9, 2020 // Plants, Large-Scale, Commercial, Market Research
Another solar module factory in North Africa
Assembly has six production plants, with a visibility in Mexico, France, Germany, China as well as Brazil. It additionally has offices in India, as well as
Jul 24, 2020 // Manufacturing News, Asia, Africa, Egypt, solar module, Teriak Industrial Group, Mondragon Assembly
German tender awards 1.95 GW of solar as interest resurges
per kWh and bids ranged from EUR 0.0529 to EUR 0.0730 per kWh. In January, Germany increased the price cap by 25% to EUR 0.0737 per kWh in an initiative to
Apr 13, 2023 // Markets & Finance News, Germany, tender, Europe
Europe to include 95 GW of battery storage space by 2050
anticipated capital investments to be transported by the end of the decade. Germany, the UK, Greece, Ireland and Italy are taken into consideration to be the
Apr 24, 2023 // Storage, Europe
RWE Secures 300 MW+ Solar PPAs in Virginia
Germany-based RWE AG has agreed to eight Power Purchase Agreements (PPAs) with Dominion Energy Inc. for projects in Virginia. These PPAs cover seven projects including two that are already operational, one under construction and four in the development phase. The projects are expected to produce more than 750,000 MWh of electricity, enough to meet the demand of 70,000 homes in Virginia. RWE Clean Energy LLC, a US-based unit of RWE, will serve as the long-term owner-operator of each of the projects and has a separate 80-MW off-take deal and eight distributed energy resource (DER) PPAs for 24 MW already in place with Dominion. What Are the Details of RWE AG's PPAs with Dominion Energy Inc? The seven projects include two that are already operational, one under construction and four in the development phase. RWE Clean Energy LLC, a US-based unit of RWE, will serve as the long-term owner-operator of each of the projects. The projects are expected to produce more than 750,000 MWh of electricity, enough to meet the demand of 70,000 homes in Virginia. RWE has an additional 80-MW off-take deal and eight distributed energy resource (DER) PPAs for 24 MW already in place with Dominion. The projects will help Dominion, Virginia's largest utilities provider, meet renewable energy requirements mandated by the state. Dominion also plans to provide interconnection and transmission services for the projects, as well as long-term operations and maintenance services.
Jul 19, 2023 // Plants, USA, Virginia, Dominion Energy, North America, rwe, PV Power Plant
Home Solar Demand Surges Through the Roof in 2020
Germany, capability of sub-10kW solar systems mounted from January to August 2020 is 22% more than for the entire of 2019, according to Bundesnetzagentur
Nov 18, 2020 // Residential, Market Research, USA, Germany, Australia, Europe, Oceania, North America
Leading 10 Polysilicon Rankings for 2020- The Future To be 90 Percent China
to as the "Seven Sisters". Hemlock Semiconductor (USA). Wacker Chemie (Germany). Advanced Silicon Materials (Currently REC Silicon/USA). Tokuyama
May 17, 2021 // Manufacturing News, Markets & Finance News, Market Research, Tongwei, China, polysilicon, wacker chemie, Asia, Waaree Energies, bernreuter research
German Greens call for larger PV auctions as tariffs drop below 5-cent-per-kWh mark
Germany is crippling solar’s ability to produce large volumes of ever-cheaper electricity even as it retains too-large tenders for wind that end in undersubscription, the country’s Greens have said. Last Friday, the party urged the federal government led by chancellor Angela Merkel to stop restricting solar tender sizes after the latest exercise only awarded 153MW – in line with its initial target of 150MW – of all 648MW in bids put forward by PV players. The 27 project winners of the oversubscribed PV-only auction of 1 October were contracted at average tariffs of €0.049/kWh (US$0.054/kWh), a drop on the prices reached at prior solar tenders in March (€0.0659/kWh or US$0.073/kWh) and June (€0.0547/kWh or US$0.061/kWh) this year. Speaking after the results were unveiled by Germany’s Federal Network Agency (FNA), Julia Verlinden of the German Greens criticised the government for “preventing investments” in solar despite the fact that the electricity source is running “reasonably well.” “Instead of finally increasing tendering volumes and producing more solar power for less than 5 cents per kilowatt-hour, the government is putting a lid on it,” said the spokeswoman. “The result: Three-quarters of all bidders for solar projects were left empty-handed this round.” Velinden contrasted the solar auction’s oversubscription and price drops with the lack of appetite for an onshore wind tender also held on 1 October, which triggered 204MW in bids – all of which were rewarded with contracts – for a total target size of 675MW. The Greens’ spokeswoman rued Germany’s decision to keep wind tenders large even as it fails to act against bureaucracy and land scarcity for these projects. The latest PV and wind results, Verlinden said, show the federal government is “doing everything wrong” with renewable policy. Tender-buoyant PV eyes 98GW-by-2030 goal The 1 October PV tender at the centre of the political row marked a victory for Bavarian solar players. According to the FNA, the state’s decision to expand its quota of project-suitable arable land helped the territory’s PV schemes secure 130MW of the 153MW contracted nationwide. In Germany, the autumn solar auction is the latest of a series to end in major oversubscription. The aforementioned March tender triggered 869MW in bids for the 500MW that was on offer, while the June edition recorded 556MW of requests for a 150MW pot of contracts. The industry has also steamrolled at Germany’s latest technology-neutral auctions. At tenders last November and in April, PV players snapped up all contracts where wind secured none, scoring respective average prices of €0.0527/kWh (US$0.058/kWh) and €0.0566/kWh (US$0.063/kWh). Solar’s continued buoyant performance has emerged as the Merkel-led coalition government acts to make the technology a key engine of the renewable transition. Under newly-adopted plans, installed PV capacity should more than double between 2019 (48GW) and 2030 (98GW). In parallel, the coalition between Merkel’s conservatives and the social democrats has agreed to axe a PV subsidy cap that would have otherwise applied once the market reached 52GW. While relieved at the move, PV association BSW has recently called for its urgent implementation. Some PV operators are however opting to sidestep subsidies altogether, joining the subsidy-free shift underway in Spain, Italy, the UK and others. This past year alone, zero-subsidy projects have been announced by EnBW (180MW), THEE’s and CEE (500MW), BayWa r.e. (8.8MW) and others. As lawyers told this publication for a recent PV Tech Power feature, German operators are slowly warming up to the power purchase agreement approach. Researchers believe the country could unlock a €2 billion (US$2.25 billion) market if it acted to de-risk these deals.
Oct 21, 2019 // Markets & Finance News, Tariffs, Germany, tender, Europe, auction, tariffs
Wave of research study boosts case of eco-friendly investments in post-COVID period
efficiency of provided eco-friendly portfolios in the United States, the UK, Germany as well as France over the years. The investment returns overtook, they
Jun 2, 2020 // Markets & Finance News, USA, UK, LCOEs, Europe, IRENA, North America, IEA, Coronavirus, covid-19