Germany

Europe Invested a Record €26 bn in Offshore Wind in 2020: Report

Despite COVID constraints, Europe confirmed a record amount of EUR 26.3 billion of investments in new offshore wind farms in 2020. Despite COVID constraints, Europe confirmed a record amount of EUR 26.3 billion of investments in new offshore wind farms in 2020. This will finance 7.1 GW of new offshore wind which will be built […]

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European Renewable PPA Market Could Exceed 10 GW in 2021: Report

The European renewable PPA market is likely to exceed 10 GW in 2021, due to the growing offshore wind momentum throughout Europe and more. The European renewable energy power purchase agreement (PPA) market is likely to exceed 10 GW in 2021, due to continued momentum in Spain, the emergence of a strong subsidy-free market in […]

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Meyer Burger Receives 22.5M Euros to Build Green Solar Cells Production Facility

Meyer Burger Technology Ltd has received two positive grant notifications at the end of 2020. Meyer Burger’s heterojunction technology (HJT) for solar cell production has significant environmental advantages compared to conventional manufacturing processes hence, received two grants, as the company announced yesterday.  The approval of the environmental protection aid was specifically based on the drafted […]

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Germany’s Federal Network Agency Awards 664 MW In Wind And Solar Projects

Germany’s latest mixed-technology tender was oversubscribed, awarding close to 400 MW of wind and 264 MW of solar projects. Germany’s latest mixed-technology tender was oversubscribed, awarding close to 400 MW of wind and 264 MW of solar projects. The tender, which was open for submissions by December 1, 2020, targeted 366.9 MW of onshore wind […]

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“EEG-Novelle”, New Renewable Energy Law For Germany

The parliament of Germany has approved a draft of the reform of the new renewable energy law called “EEG-Novelle.” With the new provisions, several changes will be introduced for the PV sector. One of the most important ones is the exemption from the payment of the EEG-levy, which is usually applied to all power producers […]

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Sungrow Secures Contract of 90 MW Utility Scale Project in Germany

Sungrow, the global leading inverter solution supplier for renewables, will provide its central and string inverter solutions to Enerparc’s 90 MW project in Gaarz, Northeast of Germany. Sungrow has supplied 21 units of its central inverter SG3125HV and 116 units of the string inverter SG110CX. Accompanying the inverters are the ten 7200kVA MV stations and […]

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Novartis Inches Closer To 100% Renewable Energy With 5 VPPA’s

In a move that has made Novartis the first pharma company to attain the 100% renewable electricity user status for its European operations, the firm recently signed up for five virtual power purchase agreements (VPPAs).  These agreements together will be generating around 275 MW or more of clean power to the electrical grid, serving as […]

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Gulf Energy Invests in 565 MW of Offshore Wind Projects in Germany, Vietnam

Gulf Energy Development has invested in two offshore wind energy projects worth a combined 565 MW capacity in Germany and Vietnam. Thailand-based Gulf Energy Development which is primarily engaged in the energy sector has announced that it has invested in two offshore wind energy projects worth a combined 565 MW capacity in Germany and Vietnam. In Germany, […]

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RWE Closes Deal With E.ON, Takes Over Operations at innogy

The final step in one of the largest transactions in German industrial history has been completed with RWE taking over the innogy activities from E.ON The final step in one of the largest transactions in German industrial history has been completed with the major asset swap between RWE and E.ON, with which RWE took over […]

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