Germany

Last year was a goody for German solar inverter manufacturer, by posting recording breaking sales figures alongside a rise in EBIT, however, the increase in price pressure in 2016 saw revenues fall, while this trend is expected to continue in 2017.

A declaration of intent has been signed by both parties. Renusol is set to be passed on as a brand and product to Parigroup, which already has a good working relationship with the PV assembly company.

U.S. storage specialist Eos Energy this week announced a partnership with Siemens to integrate, install and service utility-scale energy storage solutions.

The German tool maker will supply €263 million worth of thin-film production equipment to two Chinese companies, as well as turning over its R&D company to a joint venture.

IBC Solar has decided to take the plunge in the exciting South African market, by setting up its own subsidiary in the country with its partner maxx | solar energy, after undertaking a number of projects alongside the company.

Kreditanstalt für Wiederaufbau (KfW), the development bank owned by the German government, today announced that it will restart subsidy payments for PV + storage applications within Germany.

The German solar developer announced operation of the 30 MW Sunport Delfzijl Solar Park in the Delflzijler harbor area, close to the Dutch city of Groningen.

The German battery manufacturer was chosen by the prize as the winner in the small & medium enterprise category. Sonnen CEO Christop Ostermann received the US$1.5 million award at the opening ceremony of the World Future Energy Summit in Abu Dhabi.

The German PV maker will introduce the diamond wire saws at Europe’s largest solar wafer plant in Freiberg.

German solar developer and equipment supplier BayWa r.e. has announced the acquisition of U.K. O&M service provider Green Hedge Operational Services from the Green Hedge group, adding to its already impressive British portfolio of solar plants under its management.