Solar once again the only winner in German renewables auctions
In the first round of this year’s mixed wind and solar tender there were only bids for PV projects. Some 18 projects with a combined capacity of 210 MW were selected and the final feed-in premium tariffs were almost the same as those seen in the previous round, with the average price slightly higher.
Vattenfall-led consortium plans 50 MW power-to-gas project in Germany
The energy company plans to build the “HySynGas” project in the Brunsbüttel Industrial Park with ARGE Netz and MAN Energy Solutions. The consortium wants to establish a power-to-gas hub for cross-sector decarbonization in northern Germany.
Germany: renewables covered 54% of net power production in March
Germany set a new record in March as more than half of its power was generated from wind, PV and other renewables. In the first quarter, renewables accounted for 45.4% of net electricity generation, according to Energy Charts from Fraunhofer ISE.
Manz, Singulus report sales increases for 2018
The two German PV equipment suppliers registered revenue increases last year and both expect positive business development in 2019.
Astronergy closes German module factory
The Chinese manufacturer first announced plans to close its manufacturing facility in Frankfurt (Oder) at the beginning of this year. About 40 people who worked at the factory will now shift over to a transfer company.
Germany deployed 1 GW of solar in first two months of 2019
Approximately 420 MW of solar power was newly installed in February. The strong growth for the first two months of the year was mainly due to the FIT cuts for commercial PV projects.
Lego owner to acquire majority stake in Enerparc unit
The two sides have agreed not to disclose the purchase price, but Enerparc’s management team will maintain a minority interest.
Average price in Germany’s first special PV tender reaches €0.065/kWh
Germany’s Federal Network Agency awarded 121 contracts and 505 MW of PV capacity in the auction. The bidding round was clearly oversubscribed, but 17 bids with a total output of almost 200 MW had to be ruled out due to formal errors.
SMA posts €175 million loss for 2018
The German inverter producer’s sales also fell significantly in the past financial year. With its cost reduction program, SMA is now eager to orchestrate a turnaround, but its first-quarter guidance still shows a sustained downward trend.
GW-scale green hydrogen destined for Rotterdam port
The Dutch Institute for Sustainable Process Technology has launched the Gigawatt Elektrolysefabriek project, which aims to produce green hydrogen at the gigawatt scale from wind and solar parks in the Netherlands.
