Europe’s solar, storage markets on stable path, says Sungrow executive
Yang Meng, Sungrow’s director of distribution in Europe, says that despite signs of slowing demand in parts of the residential segment, Europe’s overall solar and storage markets are on a stable path, with potential for growth in the commercial and industrial storage space.
German authorities arrest Solar Fabrik CEO
The German police have arrested Christian L, the CEO of German solar manufacturer Solar Fabrik, in relation to an investigation by the Würzburg public prosecutor over alleged customs violations by PV wholesaler ESC Verwaltungs GmbH & Co.KG during the minimum import price period for Chinese solar modules.
S&P Global launches daily spot market price assessment for solar panels
The tool has been billed as the world’s first independent daily spot market price assessment for solar panels. S&P Global says it has been launched to aid transparency in technology pricing as solar modules become increasingly commoditized.
Fronius to cut 650 jobs
Austrian inverter maker Fronius has cut another 650 jobs due to high inverter inventories and no expected upturn.
Trane launches all-in-one air-source modular multi-pipe heat pump
The Thermafit Air-Source Modular Multipipe heat pump uses R-454B as the refrigerant and has a size of 30 tons. The manufacturer said the system act as a chiller to cool the building, as a heat pump to heat the building, or as a heat recovery unit to deliver simultaneous heating and cooling.
Dutch utility Eneco uses residential batteries for grid stress relief
Dutch energy supplier Eneco has partnered with local energy storage manufacturer Charged to trial the use of solar power stored in home batteries of customers with fixed and variable contracts in a bid to alleviate stress on the grid.
Portugal, Spain set records for daily solar energy production
AleaSoft Energy Forecasting says average electricity prices rose in all major European markets during the second week of July, with Spain and Portugal breaking their daily solar production records.
Greece readies for next battery storage growth phase
Greece’s energy storage market is hot with a number of new policies paving the way to new applications in the market. The government is now working a new plan, which will allow the colocation of batteries with existing solar plants as well as standalone, in front of the meter battery energy storage systems.
Hungary refinances rebate scheme for residential solar
The Hungarian government is investing an additional HUF 30 billion ($83.9 million) into its HUF 75.8 billion rebate program for residential solar and storage systems. The scheme, which launched in January, is now expected to support more than 25,000 households.
Germany deployed 7.55 GW of solar in H1
Germany installed more than 1.13 GW of new PV systems in June alone. Its cumulative installed PV capacity hit 90.2 GW at the end of the first half of this year.
