The Swiss Federal Office of Energy has announced that it will provide an additional CHF 30 million ($30.2 million) to reduce the waiting list for large-scale PV systems. According to local solar industry association Swissolar, however, the government must do more to reduce bureaucratic hurdles for solar energy development. The trade body also claims that the country has the potential to deploy 50 GW of PV capacity by 2050.
The German poly manufacturer expects to increase sales in the current financial year, however EBITDA is expected to be down as much as 20% as average prices for polysilicon will continue to decline.
Last year’s trend continued in the first 2019 round of PV tenders. The average final price was €0.0480/kWh. Almost all the selected projects will be on arable land in disadvantaged areas of Bavaria.
PI Berlin analysis has suggested the quality of modules is particularly high in Asian factories with a large throughput. However, just 2% of the 67 GW of production capacity audited for the study originated in Europe. The audits for the white paper were mostly carried out by Solarbuyer between 2012 and 2018.
In May, oil giant Shell invested in German manufacturer Sonnen. Now the 112-year-old company wants to fully acquire the business, subject to Germany’s monopoly authorities. Sonnen said it hopes the deal will accelerate its growth by expanding its market reach and capacity.
The companies have entered a 15-year agreement for the plant, probably the first PPA for a project that size in Germany. Last week, EnBW said it was considering constructing a subsidy-free solar park in Brandenburg.
The €150 million project is entering the approval phase. Using the new facility, expected by 2023, the two companies will test how electricity from renewable energy can be converted into green hydrogen and green methane via electrolysis.
The manufacturer’s insolvency administrator has declared the investor search over. By March at the latest, all production equipment at the German module factory in Freiberg, as well as the buildings themselves, should come under the hammer.
Precision Surfacing Solutions is paying $50 million to take over most of the production facilities as well as 100 employees working in wafer technology in Thun and in service locations worldwide. Meyer Burger wants to focus on PV cell coating and interconnection technologies.
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