Germany’s EEG levy surplus reaches $4 billion in 2017
In December, Germany’s EEG levy surplus increased again by almost €500 million. The full-year balance sheet shows that transmission system operators received more than €1 billion than they spent.
German Development Bank granted incentives to 6,900 residential solar-plus-storage systems in 2017
Approved incentive applications reached a volume of approximately €123 million. At the turn of the year, however, the rebate granted by the German Government dropped from 13% to 10%.
Germany reports high realization rate for PV projects selected in auctions
Around 90% of the projects selected in the third round of the country’s tender program for PV plants ranging in size from 750 kW to 10 MW have reached completion on time.
Germany: Renewables covered almost all demand on New Year’s morning
This happend when electricity demand was at the very low level of 41,000 MW.
German PV equipment providers report decline in orders for 2017
After a strong start to the year, new orders from suppliers in Germany declined significantly in the course of 2017. However, order books are still well filled.
Germany adds 116 MW of solar in November
Between January and November 2017, new PV installations with a combined capacity of 1,580 MW were connected to the German grid. Cumulative installed PV power in the country reached 42.8 GW.
Oxford PV receives €15 million financing from EIB
Perovskite solar start up, Oxford PV has received €15 million in financing from the European Investment Bank (EIB), to support its efforts at commercialization of silicon/perovskite tandem solar cell production.
Phoenix Solar’s newly appointed insolvency administrator in talks with potential investors
The lawyer Michael Jaffé has been appointed as insolvency administrator of the German PV project developer. He is already in talks with potential investors.
Photovoltaik-Institut Berlin (PI) acquires Solarbuyer
Through the merger with the U.S. company, the Photovoltaik-Institute (PI) wants to gain a foothold in the world’s second largest photovoltaic market, the United States.
Avancis/CNBM 300 MW CIGS facility comes online
China National Building Materials (CNBM), the parent company of German module manufacturer Avancis, announced that the first modules have rolled out of its 300 MW CIGS factory in Anhui Province, China.
