germany solar

Solar PV systems generated about 59.9TWh of electricity in 2023, up by about 1% year-on-year, according to a Fraunhofer ISE study.

Germany added around 14GW of solar capacity in 2023, with the residential segment accounting for about half of the new additions.

SMA Group has posted an improved financial results for the first nine months of 2023, with sales increasing by more than 84% year-on-year.

Renewables covered about 52% of gross domestic electricity consumption in H1 2023, three percentage points higher (49%) than the same period in 2022.

Spanish utility Iberdrola has signed a financing agreement worth €1 billion (US$1.08 billion) with the European Investment Bank (EIB) to build 19 solar power plants and three onshore wind farms in Europe.

The EU will add 69GW of solar and wind capacity in 2023, representing a 17% of increase year-on-year according to the EU's latest report presenting the REPowerEU plan progress one year after its launch

With Germany working on its goal of producing 80% of electricity consumption covered by renewable energy in 2030 as set out in the EEG 2023, it has announced plans to provide a new contract model to enlist local communities in the energy transition.

Norwegian energy company Statkraft has announced a plan to develop and operate 2GW of solar and wind capacity in Germany.

According to BSW solar, questions about the mobilisation of storage and the appropriate assessment of required market premiums and maximum bid values for commercial PV investments were largely left out.

Fraunhofer ISE has opened a new outdoor solar technology test field in Germany, enabling a faster and more accurate evaluation of PV modules.