Wacker Chemie raises 2017 expectations to €1 billion EBITDA
German chemical supplier has raised its financial outlook for the year for the second time in three months, on the back of a strong third quarter. The company is now forecasting a full year EBITDA (earnings before interest, tax, depreciation and amortization) of €1 billion.
Bürkle presents faster lamination for crystalline modules at EU PVSEC
Bürkle has optimized its current process time for glass-backsheet and glass-glass modules by more than 20%, which will reduce the manufacturing cost per module by up to 10%, depending on the module configuration.
Germany’s auction for large-scale solar concludes at €0.0429 per kWh
The average price for bids submitted in Germany’s auction for large-scale solar has fallen below the mark of €0.050/kWh for the first time. A total of 20 projects with a combined capacity of 222 MW were awarded by the Federal Network Agency.
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.
