Encavis reports solid results for 2017
The Hamburg-based solar and wind power plant operator saw its revenue and operating result increase significantly last year, thus exceeding its own forecasts.
KGAL further invests in large-scale PV in southern European countries
The solar plans of the German independent investment and asset manager in Spain, Italy and Portugal are part of a broader plan to further invest in renewables, including wind and hydropower.
Wacker reports €1.07 billion EBIDTA for 2017
The turnover of the Munich-based chemical company increased by 6%. The polysilicon business of Wacker Chemie also continued to increase last year; however, the production halt in the U.S. prevented even stronger growth.
Energy storage or grid extension – wrong question, right answers, finds panel
Panel discussion at Energy Storage Europe tackled the issue of whether the best way for keeping the lights on as economies around the world grow is to extend the grid network or add energy storage, and found that the best solution lies somewhere in between.
Younicos introduces industrial storage-as-a-service
German energy storage provider Younicos is introducing C&I battery storage systems on a rental basis. The company says service is ideal for offgrid industries such as the mining sector.
Energy Storage Europe opening session presses home focus on sector coupling
The keynote session of the Energy Storage Europe conference in Düsseldorf, Germany, delivered a series of presentations on the role flexible sector coupling can play in expediting the adoption of storage technologies and renewable energy, in Germany and worldwide.
Eon plans to take majority share in Innogy
Eon has announced plans to take over a 76.8% stake in the German utility, RWE’s renewable energy spin-off, Innogy. The acquisition is part of a far-reaching agreement between the two, which envisages redistributing operations so that RWE focuses on the renewable energy business, while energy networks and customer solutions would be the responsibility of Eon.
Manz returns to profitability
Thanks to a one-off effect in the solar segment, the company was able to achieve a record turnover of €325 million in 2017.
German PV module maker CS Wismar plans to raise production in 2018
In addition to the manufacturing of its own modules, the German solar PV producer focuses primarily on OEM production. Negotiations are currently underway with two customers, which would lead to a significant increase in production volume this year.
Storage Highlights countdown #1: combined gas and battery grid services power plant by Technische Werke Ludwigshafen and Younicos
As Energy Storage Europe approaches, pv magazine counts down the highest-ranked energy storage highlights, selected by our independent jury, that visitors to the exhibition can lay their eyes on. In first-place was Younicos’ combined gas and battery grid services power plant.
