Siemens makes its play in residential storage business

The Junelight Smart Battery lithium-ion product has been designed for homeowners and has a storage capacity of up to 19.8 kWh.

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Unsubsidized 175 MW solar project under development in Germany

EnBW is planning a big solar park in Weesow-Willmersdorf, in the northeastern region of Brandenburg. If built, the project would become Germany’s largest solar plant. The company says it has a pipeline of unsubsidized projects with a combined capacity of 800 MW.

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Tesla acquires storage specialist Maxwell Technologies

The target company, which specializes in supercapacitors, will become a wholly-owned subsidiary of Elon Musk’s business.

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German researchers increase open circuit voltage of perovskite solar cells to 1.26 volts

The voltage is key to improving efficiency, the scientists say. It indicates how much energy is lost within the cell through ‘recombination processes’.

Germany considers closing coal-fired power plants by 2038

German states with coal mining regions would receive a total of €40 billion from the federal government over 20 years for structural change under the terms of the Coal Commission’s proposal, while operators of coal-fired plants would receive compensation.

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.

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