According to Fraunhofer ISE experts, PV’s Levelized Cost of Energy (LCOE) currently ranges between €0.0371 and €0.1154 per kWh in Germany. The potential for further cost reductions is vast, the researchers add.

Thanks to a one-off effect in the solar segment, the company was able to achieve a record turnover of €325 million in 2017.

Creditors will allow SolarWorld Americas to borrow more than US$5 million. This should bring operations up to full capacity in the coming months.

The government of Luxembourg has also adopted a new draft legislation aimed at regulating self-consumption and promoting the active role of prosumers.

The insolvency proceedings of the German PV company have begun at the district court of Munich. According to the insolvency administrator, there is no hope for the parent company and its largest subsidiary in the United States.

The Institute for Solar Energy Research Hamelin (ISFH) and the Leibniz Universität Hannover claim that this result is a world record for p-type silicon material, as well as a European record for crystalline silicon.

The Swiss PV equipment manufacturer has filed a patent infringement lawsuit in China against Wuxi Shangji Automation Co, Ltd for the protection of its patented wire winding system for the cutting of solar wafers, the Diamond Wire Management System (DWMS).

Interview: Soventix has been focusing on PV projects in developing countries for years. The German solar company is now building 11 hybrid plants for a Nigerian bank. Soventix CEO, Thorsten Preugschas explains in an interview with pv magazine what the particular challenges of such projects are and why investments are planned in Nigeria.

Between January and November 2017, new PV installations with a combined capacity of 1,580 MW were connected to the German grid. Cumulative installed PV power in the country reached 42.8 GW.

Owners of residential solar PV systems in Austria will receive €0.0791 per kWh for power surplus in 2018.