BERLIN: The German cabinet on Wednesday approved measures to drastically cut greenhouse gas emissions, paving the way for Chancellor Angela Merkel to pass landmark climate legislation this year. Climate activists and industry groups immediately criticised the plans as too weak to achieve Germany’s goal of becoming emissions-neutral by 2050. The cabinet decision will however come […]
Volkswagen Expanding Electric Charging Stations in Germany
Volkswagen brand is systematically driving its electric offensive and will be installing some 4,000 charging points at its German sites by 2025. The first are already up and running in charging center for employees with 60 new charging points. The Volkswagen Group is investing some EUR 250 million in expanding the charging infrastructure at its […]
Bavarian solar-plus-storage subsidy scheme launches today
A new subsidy scheme for residential solar-plus-storage installs is now live in Bavaria. The state in southern Germany will provide €500 (US$550) for a storage system of at least 3kWh and a further €100 (US$110) for each additional 1kWh up to a maximum of €3200 (US$3530). The storage system must be paired with a solar […]
Germany’s power export surplus narrowed 11.7% in H1 -data
Neighbouring countries are watching Germany’s export ability because it has an impact on their on capacity planning in an increasingly interconnected region FRANKFURT: Germany reduced its traditional net electricity surplus by 2.8 TWh or 11.7% in the first half of 2019 compared with the same 2018 period due to fuel and carbon price effects, […]
Does renewables pioneer Germany risk running out of power?
The country, the biggest electricity market in the European Union, is abandoning nuclear power by 2022 due to safety concerns FRANKFURT: Germany, a poster child for responsible energy, is renouncing nuclear and coal. The problem is, say many power producers and grid operators, it may struggle to keep the lights on. The country, the biggest […]
WoodMac: Spanish ‘Gold Rush’ Helps Fuel New European Solar Boom
Subsidy-free projects, corporate deals, competitive tenders and green-minded politicians. Europe’s rebounding solar market has it all. Europe’s long solar winter has come to an end. After a multi-year period of depressed installations, Europe’s annual solar market is set to double over the next few years, and do so in a sustained manner, according to new […]
Sungrow Bags Supply Contract with Smart Power for a 30MW/30MWh Energy Storage Project in Germany
MUNICH, Germany: Sungrow, the global leading inverter solution supplier for renewables, signed a contract with general contractor and developer company Smart Power for the supply of energy storage systems for a 30MW/30MWh project in Germany. The project demonstrates another significant milestone that Sungrow made for European energy storage markets in the wake of the supply […]
Inside Germany’s €1 billion battery fund
The German Government has earmarked around €1bn to support battery cell production at home and in Europe as part of a bold bid to take 30% of global market share by 2030. But can the investment successfully wrestle production away from dominant Asian competitors? Heidi Vella finds out. As electric car sales continue to grow […]
Germany needs to ease rules to hit 2030 renewables target
Germany needs to ease restrictions on the location and size of solar power plants and wind turbines and increase incentives if the country is to meet a target demanding it double renewable energy capacity by 2030, energy companies said on Tuesday. Germany has set a target of generating 65% of its power from renewable sources […]
Germany’s Siemens says to cut 2,700 jobs worldwide
Industrial conglomerate Siemens said Tuesday it would slash 2,700 jobs worldwide at its gas and power unit, including 1,400 in its home country Germany, “over several years”. The division — set for an independent stock market flotation in 2020 — will “require further savings of 500 million euros” ($560 million), Siemens said in a statement. […]