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Germany deploys 1 GW of PV in November

Germany installed 1 GW of solar power in November, bringing its cumulative capacity to 97.55 GW by the end of the month.

Fire risk for home energy storage systems is 0.0049%, says German study

RWTH Aachen University in Germany has investigated the safety of battery storage systems and compared it with other household appliances or technologies. The study aims to create a reliable database for classifying fire risk for consumers and regulators.

Germany’s Solarmax facing bankruptcy

Residential PV storage systems and inverters provider Solarmax is provisionally filing for bankruptcy in Germany but will continue to operate.

German startup offers refurbished solar modules in balcony PV systems

Germany’s Panelretter is now offering German customers plug-in solar devices that use refurbished second-life solar modules. There are three different models with output ranging from 400 W to 810 W. The prices for the complete sets start at €220 ($232).

Germany concludes rooftop PV tender with average price of €0.0904/kWh

The German authorities have selected 119 MW projects totaling 259 MW in the nation’s latest rooftop PV tender. The final prices ranged from €0.0745 ($0.0787)/kWh to €0.0969/kWh.

Sunlit unveils bidirectional inverter for PV carports, balcony solar

Sunlit has launched the EV3600 bidirectional inverter for PV carports and balcony solar applications, allowing users with dynamic electricity tariffs to charge storage units when prices are low. The German company says the inverter supports extensions for vehicle-to-home and vehicle-to-grid functionality.

E3/DC to replace 77 LG battery modules after fire in Germany

E3/DC says a residential battery integrated with an LG Energy Solution module recently caught fire in Werne, Germany, prompting the company to replace battery modules in 77 homes as a precaution. The cause of the blaze is still under investigation.

SMA reports weak financials, lowers 2024 outlook

German inverter maker SMA says it has recorded €1.06 billion ($1.12 billion) of revenue for the first nine months of 2024.

German financial regulator to audit Baywa’s 2023 annual report

The German Financial Supervisory Authority (BaFin) has announced an audit of BayWa AG’s 2023 annual report, citing specific evidence of potential accounting inaccuracies. For the first nine months of this year, BayWa’s records indicate €16 billion ($16.9 billion) in sales and a €77.6 million loss in earnings before interest and taxes (EBIT).

Austria deploys 1.4 GW of new solar in January-September period

Austria installed 1.4 GW of new PV capacity from January to September 2024, including around 400 MW added in the third quarter alone.

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