The inverter maker has significantly revised up its guidance after a strong start to 2017. The company said it had received several orders from the Middle East, Turkey and India.
All the creditors will have to provide a restructuring contribution in order to ensure the survival of the company. Once the insolvency plan is approved, the related insolvency proceedings will be closed.
The new bidding round includes incentives for projects on agricultural and grassland areas in disadvantaged regions such as Bavaria and Baden-Württemberg for the first time.
The storage system EnspireME is expected to become operational by the end of this year. Through an additional pilot project, surplus power from local wind plants will be managed and stored.
German solar research institute Fraunhofer ISE is investigating the development of integrated PV panels for commercial vehicles. After conducting analyses using real life solar irradiance data, Fraunhofer sees great potential in this field.
According to provisional statistics from German institute IRW, PV systems in Germany have provided approximately 3.3 billion kWh in March, up 35% from the same month a year earlier and 118% from February 2017.
Video interview: Dirk Uwe Sauer, Professor of storage system technologies at RWTH Aachen, speaks about the future of batteries at the Energy Storage Europe 2017
The German system integrator saw its turnover grow significantly last year. For 2017, the company expects a further improvement.
After the year-end rally, Germany goes back to a moderate growth trend. Of the 122.5 MW installed in February, 50 MW comes from large-scale PV installations selected through the country’s auction scheme.
Although the CIGS equipment manufacturer reported a negative Ebit of €35.9 million, this was improved considerably from the previous year. In 2017, the company aims to increase turnover significantily and to be back in the black.
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