ABB secures $30m renewable integration contract in Germany
The Swiss power electronics giant has been chosen by Dutch-German transmission system operator TenneT to shore-up and stabilize parts of the grid to make them more amenable to intermittent power supply from renewables such as wind and solar.
Centrotherm lowers outlook for 2017
The German PV equipment supplier expects to post a loss for this year, due to a €11 million compensation paid to Algerian company CEEG.
‘Solar sunglasses’ demonstrated by researchers at KIT
Scientists at Karlsruhe Institute of Technology (KIT) in Germany have developed a pair of sunglasses that generate electricity through semi-transparent organic solar cells applied to the lenses. The team aims to demonstrate the potential of organic solar to be integrated into electronic devices, buildings and other applications not possible with conventional PV technologies.
Netherlands’ Prisma Systems offers to acquire SolarWorld
The Ducth solar company has confirmed to pv magazine that it has sent a takeover proposal to SolarWorld’s insolvency administrator last week.
SolarWorld enters insolvency
Almost three months after announcing provisional insolvency proceedings, the German module maker has now entered the insolvency process. The company, however, is currently negotiating with a potential investor for the takeover of its two German production sites.
SMA expects strong 2017 as firm raises annual forecast
The German solar inverter specialist has increased its earnings forecast for the year to between €900m and €950m as orders swell.
Study finds that storage prices are falling faster than PV and wind technologies
A study from the University of California and TU Munich in Germany shows that long-term R&D spending played a critical role in achieving cost reductions.
Germany registers a further 200 MW of PV in June
In the first half of 2017, new additions totaled 900 MW, while cumulative installed PV capacity has now crossed 42 GW.
Reuters: Shareholder from Qatar may save SolarWorld
The Qatar Foundation is to be a prospective investor. SolarWorld’s provisional insolvency administrator refused to comment on the reports, but was optimistic that a short-term solution could be reached for two production facilities in Germany.
Wacker reports further drop for polysilicon prices
Wacker’s polysilicon division saw its sales decrease in the second quarter, despite the group’s turnover growth.
