germany

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Germany Adds 3.4 GW of Solar Capacity in Q3 2024, Down 17% YoY

Germany installed 3.4 GW of solar power capacity in the third quarter (Q3) of 2024, a 17% year-over-year (YoY) decrease from 4.1 GW, according to data published by the...

October 18, 2024

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Arjun Joshi

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Markets & Policy

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Solar
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Germany Awards 587 MW Solar with Storage Projects in Innovation Tender

Germany’s latest innovation tender for 583 MW of renewable energy projects was oversubscribed by 218%, with bids totaling 1,856 MW, according to data released by...

October 17, 2024

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Gautamee Hazarika

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Solar

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Tenders & Auctions
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Solar + Battery Storage Cheaper than Conventional Power: Fraunhofer

A study by the Fraunhofer Institute for Solar Energy Systems (ISE) on the electricity generation costs of various power plants in Germany has indicated that photovoltaic...

October 14, 2024

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Tina Freese

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Energy Storage

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Solar
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Germany Invites Bids for 258 MW Rooftop Solar Systems

Germany’s Federal Network Agency (Bundesnetzagentur) has invited bids for 258 MW of rooftop solar photovoltaic (PV) systems. The last date to submit the bids is October...

August 30, 2024

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Staff

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Solar

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Tenders & Auctions
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SMA Solar Net Income Plunges 44.8% YoY in Q1 2024 on Increased Costs

Germany-based solar energy equipment supplier SMA Solar Technology reported a net income of €28.5 million (~$30.6 million), down by 44.8% YoY from €51.7 million (~$55.6...

May 10, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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EU Awards $772 Million to Green Hydrogen Projects in Pilot Auction

The European Commission has awarded approximately €720 million (~$772 million) to seven green hydrogen projects across Europe through the first competitive auction under...

May 3, 2024

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Arshreet Singh

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Renewable Energy
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Daily News Wrap-Up: Germany Adds 3.7 GW Solar Capacity in Q1 2024

Germany installed 3.7 GW of solar power capacity in the first quarter (Q1) of 2024, a 19% year-over-year (YoY) growth from 3.2 GW. The data was published in a recent...

May 2, 2024

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Mercom Staff

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Daily Wrap-up
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Germany Invites Bids for 258 MW Rooftop Solar Projects

Germany’s Federal Network Agency (Bundesnetzagentur) has invited bids for 258 MW of rooftop solar photovoltaic (PV) systems as part of the country’s goal to...

April 30, 2024

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Arshreet Singh

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Rooftop

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Solar

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Tenders & Auctions
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Germany Adds 3.7 GW of Solar in Q1; Cumulative Capacity Reaches 86.2 GW

Germany installed 3.7 GW of solar power capacity in the first quarter (Q1) of 2024, a 19% year-over-year (YoY) growth from 3.2 GW. The data was published in a recent...

April 30, 2024

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Arjun Joshi

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Markets & Policy

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Solar
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Hitachi Energy Invests $1.5 Billion to Meet Surging Transformer Demand

Hitachi Energy, a subsidiary of Japan-based conglomerate Hitachi, will ramp up its global manufacturing capacity for transformers with a $1.5 billion investment by 2027,...

April 25, 2024

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Arshreet Singh

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Manufacturing

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Solar
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Daily News Wrap-Up: NTPC’s 1 GW Wind-Solar Hybrid Auction

Sprng Energy, AMPIN Energy Transition, Juniper Green Energy, ReNew Solar Power, and Avaada Energy have won NTPC’s auction for the supply of 1,000 MW power from...

April 18, 2024

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: India’s Solar Module Manufacturing Capacity Reaches 64.5 GW

India added 20.8 GW of solar modules and 3.2 GW of solar cell capacity in the calendar year 2023, according to the recently released State of Solar PV Manufacturing in...

March 29, 2024

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Mercom Staff

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Daily Wrap-up
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Strong Inverter Sales Drive SMA Solar’s Revenue Growth in 2023

Germany-based solar energy equipment supplier SMA Solar Technology reported a 79% jump in its 2023 revenue on the back of strong inverter sales. The company’s...

March 28, 2024

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Staff

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Finance and M&A
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Daily News Wrap-Up: India’s Rooftop Solar Installations Reach 1.7 GW in 2023

India installed 1.7 GW of rooftop solar capacity in 2023, the second-highest annual installation numbers on record, according to Mercom India Research’s newly...

March 4, 2024

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Mercom Staff

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Daily Wrap-up
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German Physicists Claim Breakthrough in Silicon Solar Cell Efficiency

Physicists at the University of Paderborn in Germany, through complex virtual simulations, have discovered that adding a thin layer of an organic semiconductor called...

March 1, 2024

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Arshreet Singh

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Technology

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