Germany sees 342 MW of new PV capacity come online in June
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.
Eon finalizes Innogy takeover bid
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.
Germany’s Brandenburg launches home storage incentive program
Starting from now, subsidies for up to 1,000 residential solar-plus-storage systems can be requested from the Investment Bank of Brandenburg.
Germany prevents China from joining 50Hertz
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.
Schletter delivers mounting systems to 200 MW Vietnam project
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.
F&S Solar commissions Caribbean’s largest PV plant
With a capacity of 58 MW, the Caribbean’s largest PV plant has been commissioned in the Dominican Republic. The site was developed, planned and built by German EPC, F&S Solar. It now aims to ramp the project up to 119 MW by next year.
China shakes PV world
The solar superpower’s departure from its ambitious PV targets has shaken the industry and put a dampener on share prices. Analysts from U.S. investment bank Roth Capital expect a module oversupply mountain of more than 30 GW as a result of the policy change.
Solar sets new record in Germany
PV systems set a new German record in May. According to preliminary figures from the IWR, photovoltaics produced just under 6 TWh of solar power during the month.
Singulus reports fall in sales and profit
German PV equipment supplier Singulus Technologies has reported a fall in both sales and profit year on year for the first quarter of 2018. The company, however, points out that its order books are full.
Germany added 117 MW of new solar in September
Figures from Germany’s Federal Network Agency (Bundesnetzagentur) show that 117.185 MW of PV projects was added in September. Of this new capacity, around 11.38 MW was ground-mounted projects, and 238.4 kW was part of the country’s tenant electricity (Mieterstrom) scheme.
