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Germany: KfW subsidizes over 10,000 solar battery systems
Demand for solar power storage systems in Germany is continuing to rise, with reports that over 10,000 storage batteries for PV systems have been subsidized since 2013. Q1 2015, meanwhile, has seen a 40% YOY increase in the subsidization of such systems.
Manz records EUR6.4 million Q1 loss, remains positive for 2015
German production equipment supplier Manz AG has recorded a significant loss in Q1 2015. However, the company remains positive for its 2015 outlook with a EUR 92 million ($103.7 million) order backlog and expects revenues between EUR 320 million (US$360.5 million) and EUR 340 million ($383.1 million) for the full year.
Storage insiders tepid on Tesla's new battery system
Tesla presented its new battery power-storage system last week in California. The sensational low price of the system does not yet have the competition shaking in their boots; not officially, at least. On the contrary, whether the device can deliver on all that it promises is questionable.
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