BASF to build battery material factory in Finland

As part of a strategic alliance, BASF and Norilsk Nickel aim to meet growing demand for battery materials for electric vehicles.

Revenue and EBIT increase for Singulus in Q3

Singulus saw improvements to both its sales and profit in the third quarter, and confirms it is on track to meet its forecast figures for the full year.

Deloitte sees renewable energy in the fast lane

Solar PV and wind energy are now evolving from established to the preferred energy sources, according to a recent Deloitte study analyzing the global renewable energy market.

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Three strategic M&A transactions announced in Germany

While inverter maker Kaco has made a further investment in the storage sector, Enovos has agreed to acquired Wirsol’s O&M business. Furthermore, Rolls Royce has decided to buy German storage provider, Qinous.

Power generation from PV grew by 13% in Germany this year

From January to September 2018, solar PV systems generated 36.8 TWh in Germany, which is 13% more than they did in the first nine months of the previous year.

PV steps in to cover coal and nuclear power shortfalls

The sunny, dry summer has seen solar break several records and PV kept the lights on when a lack of coolant – caused by rising river water temperatures – led to the temporary shuttering of conventional power plants in France and Germany.

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EnergyTrend expects price shuffle after EU ends MIP

According to the Taiwanese analysts, the solar PV module market is still stable. However, EnergyTrend expects a new price war to erupt with the end of minimum import tariffs (MIPs). In particular, Taiwanese manufacturers will have to cope with increasing price pressure.

Solar power production reaches new high in Germany in July

With over 6.17 TWh, solar power generation surpassed its previous record of 5.93 TWh, set just two months earlier.

Germany sees 342 MW of new PV capacity come online in June

The country’s cumulative installed solar PV capacity has now reached 44.3 GW. As a result of this strong growth, the FITs for rooftop solar will be further reduced.

Eon finalizes Innogy takeover bid

When Eon receives all regulatory approvals, it will own an 86.2% stake in Innogy. The energy company also finalized its voluntary public takeover bid to the minority shareholders.

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