Astronergy announces upgrades to German production line
Module manufacturer Astronergy has announced a series of upgrades contributing to an overall production efficiency increase of 40% at one of its production lines in Frankfurt (Oder), close to Germany’s border with Poland.
Northwest Europe could install 60 GW of subsidy-free renewables by 2030, report finds
Aurora Energy Research report calculates as much as €180 billion renewable investment opportunities in the region through to 2030, of which €64 billion could be for subsidy-free projects.
PV has the lowest LCOE in Germany, finds Fraunhofer ISE
According to Fraunhofer ISE experts, PV’s Levelized Cost of Energy (LCOE) currently ranges between €0.0371 and €0.1154 per kWh in Germany. The potential for further cost reductions is vast, the researchers add.
Europe to add 11 GW of solar in 2018, IHS Markit says
The analysts forecast further solar growth for this year, with the Spanish market expected to become Europe’s fifth-largest in 2018.
ReneSola to develop unsubsidized PV projects in France
China’s Renesola and Germany-based Green City Energy have formed a joint holding company, which will develop a combination of solar projects with and without government subsidies. The current French pipeline includes four PV projects totaling 69 MW.
Cox Energy secures PPA for 660 MW of solar in Spain and Portugal
The power purchase agreement (PPA) relates to large-scale PV projects planned to be operational by 2020. The buyer of the power generated by the solar facilities is Spain’s power provider, Audax. 495 MW of the capacity will be located in Spain, while the remaining 165 MW will be installed in Portugal.
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.
Spain to again host solar cell manufacturing
The production unit of Spain’s five-year idled solar cell maker, Cel Celis has been acquired by Bashmor Engineering. The new investor plans to restart manufacturing activities at the factory in Bembimbre, and to double capacity to 70 MW within a year.
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.
