Germany’s auction for large-scale solar concludes at €0.0429 per kWh

The average price for bids submitted in Germany’s auction for large-scale solar has fallen below the mark of €0.050/kWh for the first time. A total of 20 projects with a combined capacity of 222 MW were awarded by the Federal Network Agency.

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German custom authorities uncovers fraud involving solar modules from China

More than €30 million in anti-dumping and countervailing duties could have been circumvented by a German company importing modules from China, according to the German custom authorities.

Czech storage market on the starting blocks

Storage systems with a combined capacity of up to 100 MW could be installed in the Czech Republic under a specific incentive program by 2020.

Eon and Enel trade power using Blockchain technology for the first time

The two European utilities have set up a decentralized marketplace with other partners. The direct trade via Blockchain should help to save costs.

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Goldbeck and Astronergy construct 15.5 MW solar plant in the Netherlands

The 15.5 MW project, planned for the Netherlands’ Groningen region, is expected to come online in December.

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Sonnenstromfabrik seeks to expand into Benelux

The German module maker has entered into a partnership with Netherlands-based Hadec and is also seeking to expand into Belgium.

Germany sees solar grow by another 162 MW in August

Around 48 MW of the new capacity comes from ground-mounted PV plants, while PV systems installed under the tenants’ solar power supply regime in July and August have reached 108 kW.

Innogy to invest €1.2 billion in PV, electric cars, fiber networks

Germany’s Innogy has revealed plans to invest €1.2 billion ($1.4 billion) in PV, electric mobility and broadband technologies such as glass fiber networks by 2019.

Fortum wants to buy Uniper shares for €3.8 billion

Finnish energy group Fortum could take over a 46.65% stake in Uniper from Eon, with a deal expected to be made as early as the start of 2018. Eon hopes to see proceeds of €3.8 billion from the sale.

European Commission to reduce minimum import price quarterly

The EU has published its decision to review the undertaking and the minimum import price (MIP) for crystalline PV products from China. As was proposed in July, the MIP will now be reduced quarterly beginning in October. For some Chinese manufacturers, the MIP, as well as a variable duty, is to be applied in future.