RWE considering sale of minority stake in renewable energy unit Innogy to Engie, report
RWE and Engie could be intertwined soon. According to Reuters, the investment banks of both energy providers are currently examining different options. The article reports that RWE could sell to the French energy giant all of its majority stake in its renewable energy unit Innogy, or a part of it. Reuters cites the investment banks involved in the operation as a source.
German government releases draft of future joint auctions for solar and wind
Starting 2018, 400 MW of capacity will be allocated every year in joint auctions for wind and solar projects. German association BSW-Solar asks for a level playing field, and recommends other instruments to promote Germany’s Energy Transition.
Mercedez Benz enters U.S. battery market with Vivint partnership
The German manufacturer, in partnership with the No. 2 residential solar installer in the United States, will bring customizable home energy storage systems to the United States.
Test operation of solar glas façade completed succesfully
A façade including 75 glass-glass module with a total output of 15 Kw had been installed on a surface area of an office building in Lithuania. After six months of test operation the involved companies expect that the system’s yield could be up to 800 kWh/kW.
German solar sector wants removal of capacity cap for PV
After conducting a review of the results of Germany’s six auctions for large-scale PV, which have led to a very good price/performance ratio for solar power, the German solar association said there is no more reason to set growth limits for the development of PV.
Germany: 96% of projects selected in first of six solar auctions is now online
Around 96% of the PV projects up to 10 MW selected in Germany’s first auction for large-scale solar has now been completed, according to the country’s grid regulator Bundesnetzagentur.
Wärtsilä takes over U.S. storage specialist Greensmith
The Helsinki-based company has taken a step further in strengthening its position as a global energy systems integrator. Greensmith´s software is used in Wärtsilä´s new hybrid power plants.
Singulus reports revenue and profit increase
The German equipment provider has posted positive numbers for the first quarter of this year. The company also reports high interest for its new PV production machinery.
SolarWorld Americas maintains full operation
The U.S. subsidiary of the German manufacturer maintains full operations at its facility in Hillsboro, Oregon, although its parent company and its German units filed for insolvency last week.
PVA TePla returns to profitability in Q1
Q1 sales increased by 37% compared to a year earlier. The company also posted a positive Ebit for the first time in five years.
