German state bank KfW says it is ready to start support of storage systems for photovoltaic systems in early May. The green light is, however, still to come from Germanys Federal Environment Ministry in Berlin.
Germany-based Asola Solarpower is experiencing financial difficulties. Nevertheless, the companys insolvency administrator sees good opportunities for redevelopment via a realigned business plan.
Following Boschs announcement that it is exiting the crystalline photovoltaic business, the Germany-based electronics giant has confirmed it has received offers from interested parties. It is unclear, however, how long Bosch will take to review them.
Germany added 211 MW of new photovoltaic capacity in February across more than 8,300 systems. The largest solar park, with a capacity of 8.2 MW, is located in Brandenburg, near the capital, Berlin.
Speculation that SolarWorld may receive a three-digit million investment from Qatar saw the German photovoltaic companys stock temporarily jump. It has failed to respond to the rumors.
According to media reports, the Polish Government has implemented further solar subsidy changes to its renewable energy draft law. Under them, support will only be given to photovoltaic plants up to two MW in size.
Going against the current grain, Innotech Solar is planning to increase its photovoltaic module production capacity. New jobs are expected to be created.
The “brake on electricity price” action proposed by German Environment Minister Peter Altmaier seems to be off the table. An energy summit of federal and state representatives at the chancellery brought no end-solution. Further negotiations are called for.
A European Committee has spoken out in favor Germany-style renewable energy (EEG) feed-in tariffs, as opposed to a European-wide quota model, despite opposition from the EU Energy Commissioner.
The German Federal Environment Minister wants a fundamental reform of Germany’s renewable energy law, or EEG. His ideas received wide support at a meeting between the German Chancellor, ministers and associations.
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