Germany

Aussie Firm, German Co. to Jointly Assess Green H2’s Use in Lithium Gen

Australia’s Infinity Lithium Corp Ltd said on Monday it will collaborate with a unit of Germany’s thyssenkrupp AG to explore the use of green hydrogen in producing lithium. The collaboration comes as lithium, an essential component of electric vehicles (EVs), is becoming an increasingly important metal, with EV demand surging globally as countries race to […]

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RWE Picks SMA Technology to Build Major German Storage Facility

Energy utility RWE is building a battery energy storage system (BESS) with a total output of 117 megawatts in Germany. The system technology used for integrating and optimally controlling the charging and discharging of the 420 lithium-ion battery racks of the battery storage system is being supplied by SMA Solar Technology. The storage project will […]

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RWE to Invest €50 B to Reach 50 GW RE Capacity by 2030

“Greener, bigger, more valuable – that is RWE in 2030. For the first time, the company is providing details of what it will look like by the end of the decade,” states Germany’s largest power producer. With its new strategy ‘Growing Green’, RWE will invest a significant sum, worth €50 billion, in its core business […]

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EVs Reached Record 30% of New Vehicle Registrations in Germany in Oct

While sales of conventional vehicles have suffered under supply shortages and long delivery times, electric vehicles (EVs) are rolling out of dealerships in Germany. The German Association of the Automotive Industry (VDA) says that in the month of October, for the first time, EVs accounted for 30.4 percent of new vehicle registrations. That’s due to […]

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DIF Capital Becomes Majority Shareholder in Solar Platform ib vogt

DIF Capital Partners (DIF), a global independent infrastructure investment fund manager, through its fund DIF Infrastructure VI, has reached an agreement to acquire a 51% stake in ib vogt GmbH, a developer of utility-scale PV solar, from its current 100% shareholder DVV. ib vogt has a total solar capacity, built or in construction, of over 2.2 […]

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Enpal Secures €150 M from SoftBank to Battle Climate Crisis

Just weeks before world leaders gather at the UN Climate Change Conference (COP26) in Glasgow in November to discuss measures to address the climate crisis, German solar start-up, Enpal, has announced that it has closed a EUR 150 million($174 million)  investment from SoftBank Vision Fund 2. The firm uses uses AI for provisioning and installing […]

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Faster RE Adoption Can Cut Power Gen Cost by 50% by 2050: Wärtsilä

Electricity production costs could be reduced by up to 50% by 2050 if countries and states adopt 100% renewable systems faster than currently planned, reports a new study by Wärtsilä. The technology group has issued the ‘Front-Loading Net Zero’ report ahead of COP26, the UN’s Climate Change Conference to be held in Glasgow this autumn, […]

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Statkraft Buys Wind Power Portfolio in Germany and France

Statkraft, Europe’s major generator of renewable energy, has acquired the wind power portfolio of wind farm operator Breeze Three Energy in Germany and France to further strengthen its position in Europe. The parties have decided not to disclose the transaction value. Norway-based Statkraft adds 39 wind farms across Germany and four wind farms in France […]

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Germany’s Encavis Buys 74.5 MW Wind Portfolio in France

Germany’s Encavis Asset Management has acquired five new wind farms in France, totalling 74.5 MW capacity, to implement the growth and diversification strategy for its special fund Encavis Infrastructure Fund II (EIF II). The seller of the renewable energy plants is the Swiss Axpo Holding AG, whose subsidiary Volkswind is responsible for planning, projecting and construction […]

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