Sandra Enkhardt

The energy company announced plans to invest extensively in large-scale battery business in response to the growing demand for flexibility, adding 500 MW of battery storage annually.

Austria installed 1.4 GW of new PV capacity from January to September 2024, including around 400 MW added in the third quarter alone.

The German Financial Supervisory Authority (BaFin) has announced an audit of BayWa AG’s 2023 annual report, citing specific evidence of potential accounting inaccuracies. For the first nine months of this year, BayWa’s records indicate €16 billion ($16.9 billion) in sales and a €77.6 million loss in earnings before interest and taxes (EBIT).

E3/DC says a residential battery integrated with an LG Energy Solution module recently caught fire in Werne, Germany, prompting the company to replace battery modules in 77 homes as a precaution. The cause of the blaze is still under investigation.

Sunlit has launched the EV3600 bidirectional inverter for PV carports and balcony solar applications, allowing users with dynamic electricity tariffs to charge storage units when prices are low. The German company says the inverter supports extensions for vehicle-to-home and vehicle-to-grid functionality.

The German authorities have selected 119 MW projects totaling 259 MW in the nation’s latest rooftop PV tender. The final prices ranged from €0.0745 ($0.0787)/kWh to €0.0969/kWh.

Germany's Panelretter is now offering German customers plug-in solar devices that use refurbished second-life solar modules. There are three different models with output ranging from 400 W to 810 W. The prices for the complete sets start at €220 ($232).

Residential PV storage systems and inverters provider Solarmax is provisionally filing for bankruptcy in Germany but will continue to operate.

Germany installed 1 GW of solar power in November, bringing its cumulative capacity to 97.55 GW by the end of the month.

Germany installed 1 GW of solar power in November, bringing its cumulative capacity to 97.55 GW by the end of the month.