The Hamburg-based green electricity provider wants to shut down RWE’s coal power plants and replace them with 8.2 GW of wind and solar systems. Approximately €7 billion would be invested in the new facilities, which would be built without any public support. Key to the initiative will be citizen participation.
The German Federal Network Agency has selected 36 solar PV power projects with a combined capacity of 201 MW in the mixed energy auction, which ended with a final average price of €0.0527/kWh.
In March of this year, two unknown men in Haan, Germany, dropped acid on Innogy board member Bernhard Günter. In September, the prosecutor announced the investigation was closed. Innogy, however, hopes to find new clues through the reward.
Around 34.5 GW of PV was installed in China in the first three quarters – 1.5 GW more than expected by IHS analysts, who have raised their full-year guidance.
The Federal Ministry of Economics has published further details of possible battery cell production on a gigawatt scale. At the Networking Conference Electromobility 2018 in Berlin this week, Minister Peter Altmaier stressed the urgency of the project, for Germany and Europe to be independent of Asia and the US in storage technology.
In addition to solar subsidy cutbacks of around 20%, planned for the start of 2019, the German Federal Ministry of Economics’ draft Energy Sources Act includes special tenders for PV and onshore wind. While many say the cuts cause great uncertainty for large-scale project developers, politician Peter Altmaier sees it differently: the energy transition is becoming safer and more affordable, he says. The decision to adopt or change the act now lies with the Federal Parliament.
The target of 105 GW of cumulative installed photovoltaic power, which was originally set for the end of the decade, has already been surpassed. PV Info Link says the 2020 solar target may now be revised upwards to 210-270 GW.
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