Sigenergy has been active in Germany since 2023 and was one of the first companies to present a bidirectional DC wallbox that is integrated into a photovoltaic storage system. Co-founder and CTO Samuel Zhang talks about Sigenergy’s story and its plans in expanding into the commercial market, integrating AI into their systems and the future of vehicle-to-grid technology. According to its own statement, the company, is now valued at 600 million euros.
The Shanghai-based solar development company has filed two complaints with the Munich and Hamburg local divisions of the Unified Patent Court.
As Brazil starts its low-carbon hydrogen program, industry consolidation continues with two M&A operations in Italy and Texas.
The provisional insolvency administrator is focusing on restructuring and continuing business operations. Bosswerk has operated the Green Akku online shop since 2010, through which it sells photovoltaic systems and home storage systems.
Canada and Italy announced funds for hydrogen projects. Meanwhile, a team of researchers explained that Australia should ship hydrogen to Japan by 2030 via methyl cyclohexane (MCH) or liquid ammonia (LNH3), not completely rejecting the option of liquid hydrogen (LH2).
H-TEC will be able to produce more than 1 GW of electrolyzers starting next year. “We installed the first production lines and will have our official opening in September this year,” Maximilian Kuhnert, sales manager at H-TEC, told pv magazine.
Energy Charts and Agora Energiewende both report a production of 10.3 TWh of solar power last month. Almost 9.5 TWh of this was fed into the grid. In addition, there were more than 80 hours in July with negative electricity prices.
The Dutch company, which itself was taken over by Blackstone and Rivean Capital, will become the majority shareholder of the German photovoltaic company. Schletter’s previous shareholders will hold minority stakes in Enstall in the future.
Called SolarNet+, the novel framework is claimed to calculate cities’ PV potential not only by finding the orientation of roofs in areal imagery but also by identifying superstructures such as windows or chimneys. It was tested using areal photographs from Munich and Brussels and proved superior to reference frameworks.
Between January and May 2024, the value of imported solar cells and modules fell to just under €605 million compared to the same period last year, and the value of exported PV products also fell to €216 million. For the first quarter, the Federal Statistical Office reports a drastic decline in modules manufactured in Germany to just under 495,600.
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