Daily News Wrap-Up: RBI to Auction Green Bonds on January 25
The government announced the sale of sovereign green bonds (SGB) worth ₹80 billion (~$986 million) through an auction by the Reserve Bank of India, Mumbai, on January 25. The auction ...
German Chancellor Reaffirms Commitment to Achieve Net Zero by 2045
Germany’s renewable shift is well on track despite setbacks and has accelerated post the Russian invasion of Ukraine, Chancellor Olaf Scholz said while addressing a session at the 53rd World ...
Germany Ups Ceiling Tariff by 25% After Poor Response to Renewable Auctions
The underwhelming response to solar and wind auctions in 2022 has prompted the Bundestag (German Parliament) to allow the Federal Network Agency (Bundesnetzagentur) to raise the tariff cap by up ...
Germany’s 604 MW Wind and 202 MW Solar Tenders Undersubscribed
Germany’s recent offshore wind energy auction for 604 MW has received interest for only a third (203 MW) of the capacity on offer, amounting to 16 bids in total, according ...
High Energy Prices Spur Record Solar Capacity Addition in EU
The European Union’s (EU) solar sector in 2022 has drastically improvised on the need for solar amid rising power prices with a focus on cutting its dependence on Russia for ...
Power Producer Encavis AG’s Fund Closes Investment Phase with €1.13 Billion
Europe-based independent power producer Encavis AG’s fund Encavis Asset Management completed the investment phase of the Encavis Infrastructure Fund II (EIF II) with a total value of €1.13 billion (~$1.19 ...
Germany Issues €360 Million Tender for Green Ammonia Imports from Outside EU
HINT.CO, a subsidiary of the H2Global Foundation, has launched the first tender for green ammonia imports from outside the European Union. Green ammonia is the main input for producing green ...
Germany’s 890 MW Solar Tender Undersubscribed Due to Module Price Volatility
For the second time since June this year, Germany’s tenders for ground-mounted solar projects have received a lukewarm response. The total submitted bids stood at 677 MW, nearly 24% less ...
KIT Researchers Develop Methods to Secure Maximum Yield from Large Solar Projects
The Karlsruhe Institute of Technology (KIT) has developed a method to reduce yield losses from large solar photovoltaic ground-mounted systems with the help of innovative circuits, new types of power ...
Germany Installs 4.9 GW of Solar in 9M 2022 as it Moves to Cut Russian Gas Dependency
Germany installed 4.9 GW of solar capacity in the first nine months (9M) of 2022, according to the latest data released by the Federal Network Agency Bundesnetzagentur. In a year-over-year (YoY) ...
Germany to Adopt Sliding Market Premium Model in Renewable Energy Tenders
The European Commission has approved three additional measures to support electricity production from renewable energy sources in Germany under EU State aid rules. The measures include a change from a ...
Material Shortages, Supply Disruptions Cause 13% Dip in SMA Solar’s Net Income in 1H 2022
Material shortages and supply chain disruptions negatively impacted the sales and financials of solar equipment supplier SMA Solar Technology during the first half (1H) of the financial year (FY) 2022 ...
Keppel Buys Stake in 465 MW Offshore Wind Farm in Germany for $314 Million
Singapore-based Keppel Corporation and the trustee manager of Keppel Infrastructure Trust (KIT), Keppel Infrastructure Fund Management (KIFM), announced a joint investment of €305 million (~$314 million) to acquire a 50.01% ...
Enphase Energy’s Revenue Surges 66% YoY to $530 Million in Q2 2022
Microinverter-based solar-plus-storage systems company Enphase Energy recorded second-quarter (Q2) revenue of $530.2 million, a year-over-year (YoY) increase of 66% from $316.05 million in Q2 2021. The company said that the ...
Daily News Wrap-Up: Indian Airports Taking Steps to Reduce Carbon Footprint
Here are some noteworthy cleantech announcements of the day from around the world: Minister of State in the Ministry of Civil Aviation V K Singh informed the Rajya Sabha informed ...
RWE & SolarDuck to Integrate Floating Solar With a Wind Farm in The North Sea
German sustainable energy company RWE and offshore solar energy developer SolarDuck inked a collaboration agreement to develop the use of floating solar parks in the sea and integrate it into ...
Scientists Use Green Solvent to Achieve 16.7% Efficiency in Perovskite Solar Cells
Researchers at the Centre for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW) in Germany coated a large area of perovskite solar cells with a green solvent dimethyl sulfoxide (DMSO), achieving ...
Germany Plans to Install 215 GW of Solar Capacity by 2030
The Bundesrat, the federal legislative council, has approved the law passed by the Bundestag (German Parliament) on measures to accelerate the expansion of renewable energy. The law is a part ...
Germany’s 1.126 GW Solar Tender Receives Poor Response, Undersubscribed by 412 MW
The response to the latest round of solar tenders in Germany has been lukewarm, with bids submitted for only 714 MW against 1.126 GW tendered. As per the Federal Network ...
Project Finance Brief: Signal Iduna Acquires a 650 MW Solar Project in Germany
From: Mercom Capital Group Signal Iduna and its financial subsidiary HANSAINVEST Real Assets acquired the 650 MW Witznitz solar project in Lake Hainer near Leipzig, Germany. The project is subject to planning approval ...
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
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
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
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 ...
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 ...
