Germany

European RE PPA Market Adds 19 GW New Capacity In 2024

The European renewable energy Power Purchase Agreement (PPA) market saw a strong recovery in 2024, with nearly 19 gigawatts (GW) of new capacity contracted, according to Wood Mackenzie’s latest Europe Renewables PPA Tracker report.  The report highlights a surge in PPA activity, with Spain and Germany leading the market, accounting for 30% of total capacity. […]

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TotalEnergies Set To Launch Six BESS Projects In Germany

TotalEnergies made an investment decision to add six battery storage projects with a total of 221 MW of new storage capacity and an investment outlay of €160 million in Germany. TotalEnergies made its announcement on the occasion of Patrick Pouyanné’s participation in the Europe 2025 conference held in Berlin. These projects were developed by Kyon […]

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Global Offshore Wind Auctions Set To Fall In 2025, After 2024 Surge, Finds Study

The global offshore wind industry is poised for a rebound in 2025, with capacity additions expected to reach 19 gigawatts (GW) and sector-wide expenditure projected to hit $80 billion, according to research from Rystad Energy. This recovery follows a slowdown at the end of last year, when new installations dropped to approximately 8 GW — […]

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India’s Solar Exports Drop from $1,969 Mn To $782.11 Mn

Solar PV module exports from India have evolved over the last few years. In FY 2021-22, the value of exports of solar PV modules was around 83 million USD, which rose to around 1,969 million USD in FY 2023-24. As of FY 2024-25 (till November 2024), solar PV modules worth around 782.11 million USD have […]

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Germany’s Battery Storage Capacity Soars To 19 GWh In 2024

After exceeding the 100 GW mark in solar energy production in 2024, Germany has now installed more than 1.8 million storage systems with a total capacity of 19 gigawatt-hours (GWh) at the turn of the year. This is mathematically sufficient to store the average daily electricity consumption of more than two million two-person households in […]

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2024: Germany’s Solar Production Exceeds 100 GW Mark

At the turn of the year, Germany’s total solar output, including all solar power plants installed in the country, has now exceeded the 100 gigawatts (GW) mark. These recent projections were made by the German Solar Industry Association, based on data from the Federal Network Agency (BNetzA). The solar power plant portfolio covered around 14 […]

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Germany Sets New Price Ceilings for 2025 Renewable Energy Auctions

Bundesnetzagentur, the German independent federal authority that regulates and oversees infrastructure markets recently set new determinations setting price ceilings for the renewable energy generation auctions to be held in 2025. The organization set the price ceilings of 6.80 cents per kilowatt hour (ct/kWh) for ground-mounted solar photovoltaic (PV) systems, 7.35 ct/kWh for onshore wind, 9.00 […]

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Servotech, LESSzwei To Bring PV-Powered EV Charging Infrastructure In Germany

Servotech Power Systems, a Delhi-based EV charger manufacturer, has partnered with LESSzwei GmbH (LESS2), to support the German government’s efforts to develop and deploy 100% solar-powered EV charging infrastructure. These charging stations are designed for micro-mobility vehicles, including e-bikes, e-scooters, and e-cargo bikes, in urban areas of Germany. This project, named “EnerMAAS”, can create a […]

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Brazil Installed Solar Capacity Touches 50 GW In 2024

Brazil’s solar installed capacity recently reached 50 GW according to new data from the Brazilian Photovoltaic Solar Energy Association (ABSOLAR). Of the cumulative capacity, the country secured 33.5 GW from distributed generation and 16.5 GW from utility-scale projects, The country now sources more than 95% of the capacity released this year from renewable sources. With […]

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