Sandra Enkhardt is a Senior News Editor for pv magazine Global and pv magazine India. With a focus on the solar industry, Sandra covers a wide range of topics including new solar technologies, market trends, policy developments, and industry news. Her articles provide valuable insights and analysis for professionals in the renewable energy sector.
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It’s the third time in two months that a battery fire has broken out on the premises of Suncycle in Germany.
Qcells says it has started selling 4.4 kW PV systems with inverters for less than €9,000 ($9,892), including installation. The South Korean manufacturer says it is also offering its home storage systems at a 15% discount.
By: Sandra Enkhardt
Danish startup Shiney AI says it wants to attract old and new customers to PV installation companies with targeted text messages and email campaigns.
Germany installed 1.4 GW of new solar capacity in July, bringing its cumulative total to 92.23 GW.
The German authorities have awarded 2.15 GW of utility-scale solar in a new tender, with bids ranging from €0.0450 ($0.05)/kWh to €0.0524/kWh. The tender was oversubscribed to 4.2 GW.
By: Sandra Enkhardt
German inverter manufacturer SMA Solar Technology AG has launched a restructuring plan aiming to save up to €200 million ($223 million) for financial stabilization and market repositioning.
The Munich-based group generated significantly lower sales in the first half of the year. In addition, it had to make large write-downs, particularly in its renewable energy business.
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.
By: Sandra Enkhardt
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).
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