Engie plans to acquire RWE’s renewable energy unit Innogy, reports
The French energy giant is offering to acquire Innogy, the renewable energy unit of German power provider RWE. Innogy acquired German developer Belectric and its huge solar power plant portfolio in January.
Vattenfall uses BMW car batteries for storage projects at winds farms
German car maker BMW will provide Vattenfall with 1,000 lithium-ion car batteries. Vattenfall will use the batteries, which are also used for the vehicle BMW i3, for storage projects at wind farms.
Asys introduces new metallization line
German equipment supplier Asys today announced the launch of its new dual lane metallization line for crystalline silicon cell production, Alignus 1.5s. The line features a high level of automation, as part of the company’s Industry 4.0 approach, and aims to decrease cell metallization process times.
Over 50,000 solar storage systems are now installed in Germany
The increase in new installations was mainly due to a 40% drop in prices over the past three years. German solar association Bundesverbands Solarwirtschaft expects their number will double to 100,000 in 2018.
Belectric installs 15.9 MWh storage system in eastern Germany
The German EPC contractor is currently installing the largest battery storage system in Saxony, eastern Germany. The battery is expected to come online in the second quarter of this year.
Manz expects to return to profitability this year
Large orders for the solar segment are expected to enable the company to return to profit in 2016. Last year, Manz was able to slightly increase its revenue, although it is still struggling with losses.
Germany’s Fraunhofer ISE to open testing facility for power electronics & grid integration tech
At the facility, the German scientists will test devices for power electronics and grid technologies in the multi-megawatt range.
Materion completes acquisition of Heraeus target materials business
German technology group Heraeus and U.S. company Materion Advanced Materials have announced the completion of the latter’s acquisition of the target materials business belonging to Heraeus.
KACO New Energy to ship 300 MW of inverters to South Korea
The German firm signs framework agreement with DNE Solar for the delivery of 300 MW of string inverters to be installed across South Korea.
Singulus receives new order for CIGS production equipment
Singulus technologies has announced the signing of a contract worth more than €20 million to supply systems to a Chinese module manufacturer, the subsidiary of a major public energy company.
