The German renewables group and brewer Anheuser-Busch InBev claim the transaction is the largest pan-European solar power deal with an industrial client to date. The companies have already agreed on a virtual power purchase agreement related to two Spanish PV plants that are scheduled for grid connection by spring 2022.
The Swiss technology group plans to concentrate German production in Hohenstein-Ernstthal, in Saxony from the middle of next year. Around 60 employees have been affected by the plant closure. Meyer Burger said it plans to continue offering wafer inspection products in future.
The Munich-based group sold five solar parks with a total generation capacity of around 35 MW to the Hamburg-headquartered power producer. One of the five plants was among Germany’s first unsubsidized PV projects.
Solaredge wants to enable households have a higher solar self-consumption with its new product. The Israeli PV company’s solution can now be ordered in Germany, Austria, and Switzerland.
The Munich-based group has reported a big impairment on its polysilicon production assets. The company cited the lack of a recovery in the PV project market, persistently low polysilicon prices and overcapacity in manufacturing, blaming state subsidies to Chinese rivals.
The Chinese manufacturer has also announced plans for a tenfold production capacity increase, as it wants to cater to all project sizes with two versions of its high-voltage storage system.
French renewables company Voltalia has secured a 25-year power purchase agreement from Crédit Mutuel Alliance Fédérale for a 10 MW solar plant and Germany’s Enerparc has signed a long term deal with Norwegian energy company Statkraft for a solar park planned in Bavaria.
Newly installed PV capacity hit 3.33 GW in the first 10 months of this year. Feed-in tariffs will drop in December by another 1% and the 52 GW subsidy cap looms, but for the first time, FITs for all project types are now below the €0.10/kWh mark.
The insolvent photovoltaic manufacturer is still talking to potential investment partners, but it claims that it could resume PV module production at its shuttered factory in the Dutch municipality of Zaanstad on short notice.
Baden-based utility Axpo is building a 2 MW facility at the Muttsee reservoir in the canton of Glarus, Switzerland. It expects the plant to maintain high levels of power generation, especially throughout the winter months.
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