BERLIN/FRANKFURT : Germany’s largest power producer RWE (RWEG.DE) said on Tuesday it is bringing forward its coal phase-out by eight years and is ready to end lignite-based electricity generation in 2030 as part of a deal reached with the government. However, faced with a Europe-wide energy crisis after Russia slashed gas deliveries following its invasion […]
Bundesnetzagentur Says Germany’s H1/2022 Solar Installations Exceeded 3.2 GW – EQ Mag Pro
Germany’s total solar installations in June 2022 added up to 573.8 MW, taking the H1/2022 numbers to 3.217 GW It compares to 548 MW installed in the month of May 2022, and 2.75 GW in H1/2021 Solar PV was the largest renewable energy installation source in H1/2022 in Germany when compared to 1.05 GW of […]
Germany’s Sonnen Expands Into Spanish Market With Webatt Energia Acquisition
Sonnen says it has 100% acquired solar PV and energy storage system supplier Webatt Energia in Spain It will enable the German company to increase its revenue sources and create additional capacity for future growth In Spain sonnen sees a considerable potential for growth with increased demand for clean, renewable energy German battery storage company […]
Germany’s Bundesrat approves removing of 15% space restrict for floating PV vegetation – EQ Mag Pro
Germany’s Bundesrat, which represents the 16 federal states, has permitted the removing of the 15% space restrict for floating photovoltaic (PV) vegetation on synthetic lakes deliberate in a draft regulation. A restriction within the draft regulation envisages that floating PV vegetation should not take greater than 15% of the floor of a man-made lake equivalent […]
Solarwatt in tie-up to boost household energy self-sufficiency – EQ Mag Pro
FRANKFURT: Germany’s Solarwatt has entered a partnership with home technology and heating specialist Stiebel Eltron to help households escape dependence on fossil fuels, the solar company said on Wednesday. Owners of rooftop photovoltaic (PV) systems can save money and carbon emissions if they store unused electricity in batteries to be used later around the house, […]
Germany’s Eusolag European Solar issues EUR 10m green bond – EQ Mag Pro
German photo voltaic asset supervisor Eusolag European Solar AG has issued a green bond price EUR 10 million (USD 10.96m) to fund its progress and finance the acquisition of its first photo voltaic initiatives. The bond is due in 5 years and bears a coupon of 6.25% per yr. It will begin buying and selling […]
Germany’s Carbon Emissions Rise in Setback for Climate Goals – EQ Mag Pro
Germany emitted more greenhouse gases last year, putting pressure on the new government to get climate goals back on track. Europe’s largest economy released the equivalent of about 762 million tons of carbon dioxide in 2021, a 4.5% increase from the previous year, mainly due to higher emissions from the energy sector, the Economy and […]
Germany’s PNE sells 81MWp solar project in Romania to Israel’s Ecoenergy – EQ Mag Pro
BUCHAREST (Romania): German developer of wind farms PNE said on Monday it has sold a photovoltaic project in Romania with a total nominal output of around 81 megawatts peak (MWp) to Israeli company Econergy International Ltd. The project is located in Oradea, western Romania, and was developed to construction maturity and then sold, PNE said […]
Germany’s H2 Industries invests $3bn to launch hydrogen plant in Egypt – EQ Mag Pro
RIYADH: German energy storage firm H2 Industries will invest $3 billion to establish a green hydrogen plant in Egypt, Asharq reported, citing the firm’s CEO Michael Stauss. Located east of Port Said, the plant will have a production capacity of 300 million tons of green hydrogen per year. It is expected to absorb about 4 […]
Bundesnetzagentur Issues Call For 1.1 GW Large Scale Solar With €0.0557/KWh Tariff Cap – EQ Mag Pro
Germany’s Bundesnetzagentur has launched a ground mounted solar tender for 1.107 GW This capacity will need to be commission on arable land and grassland in the states of Baden-Wuerttemberg, Bavaria, Hesse, Lower Saxony, Rhineland-Palatinate, Saarland and Saxony Upper project size is 230 MW Tariffs for this round have been capped at €0.0557 per kWh March […]