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Sungrow Showcases New Energy Storage System Solutions at Energy Storage Europe in Germany

“Sungrow will continue to develop energy storage system solutions, so that we can help power the world on green and effective electricity” Sungrow showcased its energy storage system solutions for residential, commercial, and utility-scale applications at Energy Storage Europe in Germany. The new residential product features a lightweight turnkey design, making installation much faster. Also, […]

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Germany is providing soft loan to the tune of Euro 1 billion for India’s ‘Green Energy Corridors’: Piyush Goyal

Union Minister for State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal on Thursday in Lok Sabha said that in order to facilitate integration of large scale renewable generation capacity addition, a comprehensive scheme including Intra-State and Inter-State transmission system has been identified as a part of ‘Green Energy Corridors’. Intra-State Transmission […]

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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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LONGi Claims 27.81% Efficiency From Its Latest Solar Cell

Chinese solar manufacturer LONGi has announced a new record for solar cell efficiency, reaching 27.81% for its Hybrid Interdigitated Back Contact (HIBC) crystalline silicon solar cell. The figure was certified by Germany’s Institute for Solar Energy Research Hamelin (ISFH), the company said in a statement. The result marks a new milestone in the photoelectric conversion […]

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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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