Sandra Enkhardt
German startup offers refurbished solar modules in balcony PV systems
Germany’s Panelretter is now offering German customers plug-in solar devices that use refurbished second-life solar modules. There are three different models with output ranging from 400 W to 810 W. The prices for the complete sets start at €220 ($232).
Germany concludes rooftop PV tender with average price of €0.0904/kWh
The German authorities have selected 119 MW projects totaling 259 MW in the nation’s latest rooftop PV tender. The final prices ranged from €0.0745 ($0.0787)/kWh to €0.0969/kWh.
Sunlit unveils bidirectional inverter for PV carports, balcony solar
Sunlit has launched the EV3600 bidirectional inverter for PV carports and balcony solar applications, allowing users with dynamic electricity tariffs to charge storage units when prices are low. The German company says the inverter supports extensions for vehicle-to-home and vehicle-to-grid functionality.
E3/DC to replace 77 LG battery modules after fire in Germany
E3/DC says a residential battery integrated with an LG Energy Solution module recently caught fire in Werne, Germany, prompting the company to replace battery modules in 77 homes as a precaution. The cause of the blaze is still under investigation.
SMA reports weak financials, lowers 2024 outlook
German inverter maker SMA says it has recorded €1.06 billion ($1.12 billion) of revenue for the first nine months of 2024.
German financial regulator to audit Baywa’s 2023 annual report
The German Financial Supervisory Authority (BaFin) has announced an audit of BayWa AG’s 2023 annual report, citing specific evidence of potential accounting inaccuracies. For the first nine months of this year, BayWa’s records indicate €16 billion ($16.9 billion) in sales and a €77.6 million loss in earnings before interest and taxes (EBIT).
Austria deploys 1.4 GW of new solar in January-September period
Austria installed 1.4 GW of new PV capacity from January to September 2024, including around 400 MW added in the third quarter alone.
German government funding for renewable energy expected tor each €18 billion in 2025
The costs for renewable energy funding this year will be higher than forecast, due in part to the many hours with negative spot market prices on the electricity exchange. A new report expects the trend of high costs to continue until 2029.
Residential PV prices in Germany drop 25% within 12 months
The comparison site Selfmade Energy shows, in addition to the falling prices, that customers are obtaining significantly more offers than they were one or two years ago. Managing director Tim Rosengart assumes that the price pressure on installers will continue in the coming months.
Big-battery storage capacity could increase fivefold in Germany by 2026
Industry body the Bundesverband Solarwirtschaft (BSW-Solar) expects around 7 GWh of large-scale battery storage to be added during that period.
