German custom authorities uncovers fraud involving solar modules from China
More than €30 million in anti-dumping and countervailing duties could have been circumvented by a German company importing modules from China, according to the German custom authorities.
Eon and Enel trade power using Blockchain technology for the first time
The two European utilities have set up a decentralized marketplace with other partners. The direct trade via Blockchain should help to save costs.
Sonnenstromfabrik seeks to expand into Benelux
The German module maker has entered into a partnership with Netherlands-based Hadec and is also seeking to expand into Belgium.
Germany sees solar grow by another 162 MW in August
Around 48 MW of the new capacity comes from ground-mounted PV plants, while PV systems installed under the tenants’ solar power supply regime in July and August have reached 108 kW.
Singulus adjusts 2017 revenue forecast
German PV equipment manufacturer Singulus has announced a reduction to its financial forecasting for the full year 2017. The company cites delays in a large-scale project for a China-based client as the primary reason for the reduction.
Fraunhofer ISE announces 22.3% efficiency for polycrystalline solar cell
The German research institute said this new result has beaten its own world record, which it set in Februrary reaching a 21.9% efficiency.
Innogy to invest €1.2 billion in PV, electric cars, fiber networks
Germany’s Innogy has revealed plans to invest €1.2 billion ($1.4 billion) in PV, electric mobility and broadband technologies such as glass fiber networks by 2019.
Singulus to post loss
Singulus Technologies has revealed that more than half of its capital stock has been used up, as it expects to record a loss for the financial year in progress of €16.7 million ($19.9 million).
Fortum wants to buy Uniper shares for €3.8 billion
Finnish energy group Fortum could take over a 46.65% stake in Uniper from Eon, with a deal expected to be made as early as the start of 2018. Eon hopes to see proceeds of €3.8 billion from the sale.
VDMA: German solar equipment providers report 51% increase in sales in Q2
According to the latest statistics from the German Engineering Federation or VDMA (Verbandes Deutscher Maschinen- und Anlagenbau), PV equipment providers in Germany are benefiting primarily from investments in Asia. The demand for thin-film technology contributed to the growth in sales in the second quarter, although order intake dropped during the period.
