Schletter files for insolvency under self-administration
The German PV company aims to finalize the proceedings, which are possible under German insolvency law since the summer of 2012. Business operations are expected to run at full capacity.
Eon wants to further develop solar DG
In a short chat with pv magazine, the head of Eon’s solar business in Germany, Sebastian Eisenberg has described how the German utility is planning to further develop its PV activities after the company’s recent plan to buy a majority stake in Innogy. The deal, in fact, envisages redistributing operations so that RWE focuses on the renewable energy business, while energy networks and customer solutions would be the responsibility of Eon.
Encavis reports solid results for 2017
The Hamburg-based solar and wind power plant operator saw its revenue and operating result increase significantly last year, thus exceeding its own forecasts.
KGAL further invests in large-scale PV in southern European countries
The solar plans of the German independent investment and asset manager in Spain, Italy and Portugal are part of a broader plan to further invest in renewables, including wind and hydropower.
Wacker reports €1.07 billion EBIDTA for 2017
The turnover of the Munich-based chemical company increased by 6%. The polysilicon business of Wacker Chemie also continued to increase last year; however, the production halt in the U.S. prevented even stronger growth.
Energy storage or grid extension – wrong question, right answers, finds panel
Panel discussion at Energy Storage Europe tackled the issue of whether the best way for keeping the lights on as economies around the world grow is to extend the grid network or add energy storage, and found that the best solution lies somewhere in between.
Younicos introduces industrial storage-as-a-service
German energy storage provider Younicos is introducing C&I battery storage systems on a rental basis. The company says service is ideal for offgrid industries such as the mining sector.
Energy Storage Europe opening session presses home focus on sector coupling
The keynote session of the Energy Storage Europe conference in Düsseldorf, Germany, delivered a series of presentations on the role flexible sector coupling can play in expediting the adoption of storage technologies and renewable energy, in Germany and worldwide.
Eon plans to take majority share in Innogy
Eon has announced plans to take over a 76.8% stake in the German utility, RWE’s renewable energy spin-off, Innogy. The acquisition is part of a far-reaching agreement between the two, which envisages redistributing operations so that RWE focuses on the renewable energy business, while energy networks and customer solutions would be the responsibility of Eon.
Manz returns to profitability
Thanks to a one-off effect in the solar segment, the company was able to achieve a record turnover of €325 million in 2017.
