Sonnen receives €25 milllion financing from the European Investment Bank
The EIB said supporting the battery supplier will help Europe realize its clean energy targets. The funds are earmarked for the company’s European R&D, as well as stemming ‘operational burdens’ from its growth rate. Sonnen recently made headlines by opening a factory in Australia to supply its virtual power plant in Adelaide.
Kaco sells central inverter business to Korean developer OCI Power
German concern Kaco has sold its central inverter business. The German manufacturer hopes to focus on its string inverter and energy storage branches while the South Korean buyer hopes the newly acquired knowhow can improve the energy efficiency of its large-scale PV parks.
Power-to-X gains momentum on two fronts in Germany
Two power-to-gas projects promise to improve the technology. In Brandenburg, Edis and Gasag want to transform renewable power into hydrogen, driving sectoral coupling. And Sunfire has switched on its first co-electrolysis project.
Astronergy will halt module production in Germany
The German subsidiary of the Chinese Chint Group will be restructured. The German site will in future focus on marketing and sales as well as areas such as customer care, logistics, customs clearance and other business-related services for European and global customers. More than 200 of the 230 employees will lose their jobs when production stops.
Fraunhofer IKTS unveils alternative for PV home storage based on sodium-nickel-chloride
At a storage fair in Dusseldorf, researchers will present a ceramic high-temperature battery. Storage costs using sodium-nickel-chloride battery cells are said to be 50% lower than those of lithium-ion.
Volkswagen is all set to become a green energy supplier
The German car giant has created Elli, a subsidiary that will provide green power and charging solutions for the EV sector. Volkswagen – still haunted by the diesel emissions scandal – says it wants to make mobility sustainable.
Astronergy’s German facility reportedly facing hard times
It has been reported short-time work at the module manufacturer’s Frankfurt (Oder) facility was halted at the start of the year because of below-subsistence wage levels. The company has not commented on rumors of a possible closure.
Fraunhofer ISE achieves efficiency record for silicon multi-junction cell
The German institute has achieved another efficiency record for multi-junction solar cells. More cost-effective production methods for III-V-layer cells have also been advanced during work as part of the MehrSi project.
Ikea begins online sale of PV residential module systems in Germany
This week, the Swedish furniture giant will begin offering its PV systems throughout Germany via the internet. The company’s “Solstrale” offer has been tested in five markets and Ikea has said it is “very satisfied” with the response.
German renewables surpass 40% of electricity generation in 2018
German research institute Fraunhofer ISE found that electricity generation from PV systems has increased 16% to reach 45.7 terawatt-hours, with photovoltaics comprising 8.4% of total generation.
