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Suntech announces establishment of its European branch in Germany

Wuxi Suntech has established its branch in in Germany In order to improve its sales and services, and develop its markets in Europe. Shuangquan He, Executive President of Wuxi Suntech, said, “Suntech, as one of the earliest China’s PV module manufacturers entering the European market, has an extensive reputation. What’s more, to further develop in […]

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Germany’s Federal Network Agency fifth solar auction allocates 130 MW to 25 projects

Germany’s Federal Network Agency has allocated 130 megawatt to 25 successful bids in the 5th round of the country’s auction scheme for large-scale solar. The average bid amount was calculated at €0.723 ($0.799) per kWh, down from €0.741 in the previous auction in April. Bid amounts are lower on average compared to the previous tender, […]

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Germany’s energy storage market will grow 11-fold and reach $1B by 2021: GTM Research

GTM Research in its latest report  ‘The German Energy Storage Market: 2016-2021’, has revealed that Germany’s energy storage market will grow 11-fold in megawatt terms between 2015 and 2021 and will reach an annual value of $1.03 billion. Germany is already one of the world’s leading energy storage markets. At the end of 2015, Germany […]

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RECOM partners with WEDIS Group for 10MW photovoltaic plant in Fuerstenwalde, Germany

RECOM announces the construction of a 10MW photovoltaic plant in Fuerstenwalde, Germany. The company has partnered with investment group WEDIS Group AG and is providing bridge financing for the construction of the entire project, which began this month. Over 35,000 of RECOM’s Black Panther 285 mono high efficiency panels will be installed and are expected to produce approximately 10,000 MWh/year of energy from the […]

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China Overruns Germany in Solar Market

China, the largest consumer of energy outstrips Germany as the country records massive increase into its solar capacity. ‘The country had added 15.1GW of solar power last year, bringing the aggregate to 43.2GW’, the National Energy Administration said recently. ‘This is equivalent to more than a quarter of worldwide increases and 33% of the country’s […]

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Q4 2024 Prices: EU-North America See Fall In Solar, Wind Sees Marginal Uptick

The latest report by LevelTen Energy showcases the energy Power Purchase Agreement (PPA) trend for Q4, 2024 in the global west, i.e., the  European and the North American market. The report found that the European solar PPA prices have been steadily declining over the last two years, as the energy sector continues to return to […]

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Suzlon To Supply 486 MW Of Wind Turbines To Torrent Power

Wind energy company Suzlon today announced bagging a new order from Torrent Power. Under the agreement, the Pune-based company will supply its large 3 MW wind turbines to the company. Suzlon will supply 162 S144 wind turbine generators (WTGs) with Hybrid Lattice (HLT) Towers, each rated at 3 MW capacity for wind energy projects slated […]

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5 Reasons Why Green Hydrogen Faces A Wall Of Skepticism

Heightened coverage Green hydrogen has been the new normal for over three years now. Many supporters have regularly drummed up its prospects, as a fuel that could decarbonise some of the most difficult to clean sectors of the economy. The skeptics have always asked one straight question. When, and at what price? Because, quite simply […]

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Solar Glass: Borosil Renewables Halts German Unit To Cut Losses

Indian solar glass manufacturer Borosil Renewables has implemented its plan to temporarily halt solar glass production at its German plant. The Board of Directors had previously planned this move to reduce losses at the plant due to low demand for solar glass in the European market. Borosil Renewables produces solar glass in Germany through GMB […]

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