While the solar industry will welcome the move, the feed-in tariff paid to small systems is still reducing thanks to the volume of new capacity installed every quarter. Announcing a wide-ranging policy package on Friday, Angela Merkel admitted Germany will miss the carbon emission target set for next year.
With the region of Styria considering making PV mandatory on all new buildings, the nation’s Climate Fund will support PV and storage projects in agriculture and forestry. Applications can be submitted by November 2020 – or until the pot is empty.
It took a while, but now the energy giants can finalize the mega deal. Rival energy companies have criticized approval of the deal amid fears Eon could dominate the German market.
EuPD Research has calculated what needs to be done to replace the nuclear and coal generation to be phased out in Germany. Accelerated expansion of PV appears the best short-term option. However, storage capacity will need to increase 30-fold by 2040 so solar can become the main pillar of the country’s energy system.
The Munich-based chemical company has taken a substantial minority share in the British materials specialist to expand its silicon-based high-performance battery activity. The value of the transaction was not disclosed.
The German PV equipment provider will not achieve the sales and earnings targets set for this year. CNBM is not expected to place orders for the expansion of its CIGS thin-film production operations in China until the fourth quarter.
Demand for systems with a generation capacity of up to 750 kW is driving the market. The 52 GW capacity cap for solar under the national FIT scheme is approaching. In September, feed-in tariffs and market premiums will fall a further 1.4%.
Solibro GmbH is expected to make the move this month, according to a German media report. The company has yet to publicly confirm the move.
Manz and Singulus have both seen turnover drop in the first half.
The energy company will build a 38 MW solar, 22 MW wind and 12 MW battery project on one site. The first fully renewable hybrid power plant could be a blueprint for post-subsidy Germany. Vattenfall has an eye on German coalfields in particular.
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