Greenpeace Energy wants to buy Germany’s RWE coal business, replace it with 8.2 GW of renewables

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.

IEA versus the reality of solar PV

In the recently released World Energy Outlook, the International Energy Agency (IEA) foresees a steady decline in the global expansion of PV to 2035. In response, Dutch researcher Auke Hoekstra has updated his graphic, IEA versus reality in solar PV.

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PV snaps up all capacity in Germany’s second mixed wind-solar auction

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.

Innogy offers €80,000 reward for information on acid attack

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.

IHS revises up outlook for Chinese solar to 40 GW after underestimating demand

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.

German government devotes €1bn to battery cell production

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.

Manz reports improved Q3 sales, EBIT

The German PV equipment provider saw sales increase by a third in the first three quarters of 2018. Full year 2018 guidance remains unchanged.

BayWa plans sale of 450 MW of solar, wind

In the first nine months of 2018, the energy division of the Germany-based group recorded a loss of over €10 million. By the end of the year, earnings are expected to enter positive territory, however,

Germany concludes draft detailing drastic cutbacks for PV systems 40 kW and over

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.

China may raise 2020 solar target to more than 200 GW

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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