Austrian inverter maker Fronius has cut another 650 jobs due to high inverter inventories and no expected upturn.
Germany installed more than 1.13 GW of new PV systems in June alone. Its cumulative installed PV capacity hit 90.2 GW at the end of the first half of this year.
Enersol, the residential unit of German battery manufacturer Sonnen, says it will cease operations at the end of October due to unprofitability, despite strong growth over the last three years.
Germany has concluded a new renewables tender, securing 512 MW of capacity at an average price of €0.0833 ($0.089)/kWh.
Austria installed 2.6 GW of solar capacity last year. Newly installed PV capacity has nearly tripled, supporting employment.
Meyer Burger will start production at its US module factory as it relocates its core operations from Germany to the United States. It is launching production of heterojunction solar modules and securing financing for a new cell plant.
After strong growth in recent years, demand is expected to slow somewhat in the next few years. With 122 GW in the next five years, private rooftop systems will remain a key driver of PV expansion in Europe. In the current study, the Bonn-based analysts named 1Komma5° the market leader among installers in Europe, ahead of Enpal and Zonneplan.
Almost ten years after the “Powerwall 1,” US EV giant Tesla has launched its home battery system, Powerwall 3, in the United Kingdom and Germany. The Powerwall 3 is being officially presented at The smarter E Europe this week.
The “Dunkelflaute” is a bogeyman for the energy sector, but a new tool from the German-Norwegian storage provider can now determine exactly which storage capacities and how many reserve power plants are needed in order to be on the safe side even in phases with little PV and wind power.
The cause of the battery container fire in Thuringia, Germany, is still unclear. The damage caused is enormous.
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