SMA Solar Technology’s Net Income Up 22% to €28 million in FY 2021

SMA Solar Technology’s Net Income Up 22% to €28 million in FY 2021

SMA Solar Technology AG, a German solar equipment supplier, recorded revenue of €221 million (~$232 million) in the first quarter (Q1) of 2022, a year-over-year (YoY) decline of 8% from ...
Germany Invites Bids for 1.125 GW of Solar Projects

Germany Invites Bids for 1.125 GW of Solar Projects

Bundesnetzagentur, the German Federal Network Agency, has invited bids for 1.125 GW of solar projects on arable and grassland areas in select states of Germany. The ground-mounted solar projects are ...
Germany Awards 1.08 GW of Solar Projects in March Auction

Germany Awards 1.08 GW of Solar Projects in March Auction

The German Federal Network Agency Bundesnetzagentur has awarded 1,084 MW of solar projects in the latest round of auctions. Bundesnetzagentur had invited bids to develop 1,108 MW of solar projects and ...
IKEA Acquires 440 MW of Solar Projects in Europe for €340 Million

IKEA Acquires 440 MW of Solar Projects in Europe for €340 Million

Ingka Group, which owns most of the IKEA retail stores across the globe, through its investment arm Ingka Investments, has acquired nine solar PV projects totaling 440 MW in Germany ...
/ / Finance and M&A, Solar
Australia’ Installed Solar Capacity Crosses 25 GW, Leads the World with 1 kW/Person: APVI

Australia’s Installed Solar Capacity Crosses 25 GW, Leads the World with 1 kW/Person: APVI

Australia leads the world in solar per capita with 1 kW per person at the end of 2021, the Australian PV Institute said in a recent report. In 2020, Australia had ...
/ / Markets & Policy, Solar
Sale of Electric Cars Doubled YoY in 2021 Globally Reaching 6.6 Million IEA

Sale of Electric Cars Doubled YoY in 2021 Globally Reaching 6.6 Million: IEA

The sale of electric cars more than doubled to 6.6 million in 2021 compared to 3 million in 2020, accounting for 9% of the global car market, International Energy Agency ...
/ / Electric Vehicles, Grid
Daily News Wrap-Up ReNew Power Commissions a 17.6 MW Wind-Solar Hybrid Project

Daily News Wrap-Up: ReNew Power Commissions a 17.6 MW Wind-Solar Hybrid Project

Here are some noteworthy cleantech announcements of the day from around the world: Independent power producer ReNew Power commissioned a 17.6 MW first phase wind-solar hybrid project at the Chlor-Alkali ...
/ / Finance and M&A, Other
Germany Issues Tenders for 1.1 GW of Solar, 1.32 GW of Wind, and 275 MW of Biomass Projects

Germany Issues Tenders for 1.1 GW of Solar, 1.32 GW of Wind, and 275 MW of Biomass Projects

German Federal Network Agency Bundesnetzagentur has invited bids to develop 1.1 GW of solar projects, 1.32 GW of onshore wind projects, and 274.86 GW of biomass projects. The deadline to submit bids ...
/ / Solar, Tenders & Auctions
Daily News Wrap-Up: Hero Electric Partners with Mahindra to Boost its EV Manufacturing

Daily News Wrap-Up: Hero Electric Partners with Mahindra to Boost its EV Manufacturing

Here are some noteworthy cleantech announcements of the day from around the world: Hero Electric and the Mahindra Group announced their collaboration intent as part of Hero's growth and expansion ...
/ / Other, Renewable Energy
Germany to Phase out Coal, Boost Share of Renewable Energy to 80% by 2030

Germany to Phase out Coal, Boost Share of Renewable Energy to 80% by 2030

Two months after the general election in Germany, the Social Democrats (SPD), Alliance 90 (The Greens), and Free Democrats (FDP) have agreed on a coalition treaty that pledges that Germany ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Germany Pledges €1.2 Billion to Help India Fight Climate Change

Daily News Wrap-Up: Germany Pledges €1.2 Billion to Help India Fight Climate Change

Here are some noteworthy cleantech announcements of the day from around the world: Germany has announced more than €1.2 billion (~$1.34 billion) worth of commitments to aid India in its ...
/ / Other, Renewable Energy
Solar Leasing Firm Enpal Raises $174.9 Million from SoftBank

Solar Leasing Firm Enpal Raises $174.9 Million from SoftBank

Enpal, a Germany-based solar photovoltaic and battery leasing solutions provider, said it has raised €150 million (~$174.9 million) from SoftBank Vision Fund 2 in Series C funding round. The company ...
/ / Finance and M&A, Solar
Modules Manufactured in Europe Emit 40% Less CO2 than the Chinese Fraunhofer ISE

Modules Manufactured in Europe Emit 40% Less CO2 than the Chinese: Fraunhofer ISE

Researchers at the Fraunhofer Institute for Solar Energy have claimed that solar modules manufactured in the European Union produce 40% less carbon dioxide than modules manufactured in China. China dominates the solar ...
/ / Solar, Technology
Germany Adds 2.75 GW of Solar Capacity in 1H 2021

Germany Adds 2.75 GW of Solar Capacity in 1H 2021

Germany installed 1.43 GW of solar capacity in the second quarter (Q2) of 2021, according to the latest numbers released by the Federal Network Agency Bundesnetzagentur. In a quarter-over-quarter comparison, solar ...
/ / Markets & Policy, Solar
Germany Allocates 156 MW of Solar Plus Storage in Innovation Auction

Germany Allocates 156 MW of Solar Plus Storage in Innovation Auction

German Federal Network Agency Bundesnetzagentur has announced the auction results for the 250 MW solar innovation auction. In all, 16 solar plus storage projects with a combined capacity of 156 ...
/ / Solar, Tenders & Auctions
Solar Contributes to Record 10% of EU Electricity This Summer

Solar Contributes to Record 10% of EU Electricity This Summer

Solar energy accounted for 10% of the European Union's (EU) electricity during the peak summer months of June and July this year, energy think tank Ember has revealed. Solar power ...
/ / Markets & Policy, Solar
Solar Module Manufacturers in Asia Account of 92% of the Global Production: Report

Solar Module Manufacturers in Asia Account of 92% of the Global Production: Report

In its latest report, Fraunhofer Institute for Solar Energy Systems (ISE) has stated that manufacturers in Asia accounted for 92% (over 130 GW) of global solar module production in 2020, ...
/ / Manufacturing, Solar
Germany Allocates 665 MW of Solar Projects in Latest Auction

Germany Allocates 665 MW of Solar Projects in Latest Auction

German Federal Network Agency Bundesnetzagentur has announced the auction results for ground-mounted and rooftop solar projects. The last date for the submission of bids was June 1, 2021. The maximum value for ...
Germany Installed 619 MW of New Solar Capacity in April 2021

Germany Installed 619 MW of New Solar Capacity in April 2021

According to the latest numbers announced by the German Federal Network Agency Agency Bundesnetzagentur, the country's solar PV installations in April 2021 totaled 619.5 MW, an increase of 59 MW (10.5%) compared to ...
/ / Other, Renewable Energy
Germany Installs 1.3 GW of Solar in the First Quarter of 2021

Germany Installs 1.3 GW of Solar in the First Quarter of 2021

According to the latest numbers declared by the Federal Network Agency (Bundesnetzagentur), Germany's solar PV installations in March 2021 totaled 548.6 MW. In a quarter-over-quarter comparison, the installations in March ...
/ / Markets & Policy, Solar
Fraunhofer ISE Sets 26% Efficiency Record for Both-Sides-Contacted Solar Cells

Fraunhofer ISE Sets 26% Efficiency Record for Both-Sides-Contacted Solar Cells

Researchers at Germany's Fraunhofer Institute for Solar Energy Systems (ISE) have reportedly obtained a record conversion efficiency of 26% for both-sides-contacted silicon solar cells. Led by Armin Richter, the solar cell ...
/ / Solar, Technology
Germany Installed 351 MW of New Solar Capacity in February 2021

Germany Installed 351 MW of New Solar Capacity in February 2021

Germany installed 351 MW of solar capacity in February 2021, an increase of 4% compared to the same period last year, according to the data released by the Federal Network ...
/ / Markets & Policy, Solar
Daily News Wrap-Up_ Goa Signs MoU With GEZ for 100% Renewable Energy Roadmap

Daily News Wrap-Up: Goa Signs MoU With GIZ for 100% Renewable Energy Roadmap

Goa's state government has signed a memorandum of understanding with German-based Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) to develop a state energy plan for a 100% renewable energy roadmap under ...
/ / Other, Renewable Energy
Germany’s Solar Installations Rose to 536 MW in January 2021

Germany’s Solar Installations Rose to 536 MW in January 2021

Germany installed 536 MW of new solar capacity in January 2021, a 59.05% increase compared to 337 MW during the same period last year, according to the Federal Network Agency ...
/ / Markets & Policy, Solar
Global Green Bond Issuance Reached a Record High of $269.5 Billion in 2020: Report

Global Green Bond Issuance Reached a Record High of $269.5 Billion in 2020: Report

Global green bond issuance reached a record high of $269.5 billion in 2020, a 1.12% increase compared to $266.5 billion in 2019, due to a late surge in the second ...
/ / Other, Renewable Energy
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