While inverter maker Kaco has made a further investment in the storage sector, Enovos has agreed to acquired Wirsol’s O&M business. Furthermore, Rolls Royce has decided to buy German storage provider, Qinous.

From January to September 2018, solar PV systems generated 36.8 TWh in Germany, which is 13% more than they did in the first nine months of the previous year.

The sunny, dry summer has seen solar break several records and PV kept the lights on when a lack of coolant – caused by rising river water temperatures – led to the temporary shuttering of conventional power plants in France and Germany.

According to the Taiwanese analysts, the solar PV module market is still stable. However, EnergyTrend expects a new price war to erupt with the end of minimum import tariffs (MIPs). In particular, Taiwanese manufacturers will have to cope with increasing price pressure.

With over 6.17 TWh, solar power generation surpassed its previous record of 5.93 TWh, set just two months earlier.

The country’s cumulative installed solar PV capacity has now reached 44.3 GW. As a result of this strong growth, the FITs for rooftop solar will be further reduced.

When Eon receives all regulatory approvals, it will own an 86.2% stake in Innogy. The energy company also finalized its voluntary public takeover bid to the minority shareholders.

Starting from now, subsidies for up to 1,000 residential solar-plus-storage systems can be requested from the Investment Bank of Brandenburg.

The Chinese state-owned State Grid Corporation of China has been attempting to acquire a 20% stake in German transmission system operator, 50Hertz for some time now. After the intervention of Germany’s Federal Government, however, this share will now go to domestic development bank, KfW.

The Schletter Group will equip a 200 MW solar PV park in Vietnam with mounting systems. The project is expected to be completed by 2020.