German PV project developer Fellensiek Projektmanagement GmbH & Co. KG has filed for insolvency due to claims from an unnamed investor. However, the company’s 20 project entities remain unaffected, and buyers are being sought for their sale.

Rabot Charge, a German renewable energy supplier, says the average spot electricity price in August rose slightly from July to €0.082 ($0.09)/kWh. The increase was due to a slightly below-average share of renewable sources in grid electricity.

In the module prototype, all components that are not directly used to convert light into electricity are made of biodegradable or recyclable materials or renewable raw materials. The module is the result of the E2 – E-Quadrat project funded by the German Federal Ministry for Economic Affairs and Climate Action.

Varta says it now expects high demand for its Varta.wall DC high-voltage battery. It initially presented the product at Intersolar 2022, but has struggled with its market introduction.

EnBW subsidiary Senec has begun equipping existing residential battery storage systems with lithium iron phosphate (LFP) cells in response to several fires. It is also launching two new LFP battery storage systems.

German manufacturer EKD says its new Ampere.StoragePro E3 battery uses lithium-iron phosphate cells and can be cascaded to reach up to 231 kWh.

According to the Bonn-based analysts, the momentum for home battery storage systems with a capacity of up to 20 kWh is driven by emerging markets such as Poland and Hungary. In Germany, however, they expect a 5% drop in new installations compared to the previous year.

The slight growth was mainly due to large commercial and ground-mounted systems. The Federal Network Agency also corrected new installation figures for April upwards from 1,040 to 1,177 MW.

SMA Solar Technology AG is significantly lowering its forecast for the current fiscal year. Accordingly, sales are expected to be between €1.55 and €1.7 billion instead of between €1.95 and €2.22 billion. The new EBITDA target is €80 to €130 million instead of €220 to €290 million.

Christian Victor, an X (formerly Twitter) user, has published a new map showing land consumption in Germany. It reveals that open-cast mines occupy more square meters than ground-mounted solar arrays and wind farms combined.