germany

The German Federal Network Agency's provisional figures for 2024 include the addition of 16.2GW of new solar capacity.

Unlike the price ceiling for wind, which has not changed compared to 2024, all three auctions involving solar PV have been revised down to take into account the decrease in the forecast levelised cost of electricity, said the Bundesnetzagentur.

Overall, Germany (with 16.1GW added in 2024) continues to be the most important market in the European Union for solar PV, followed by Spain (9.3GW) and Italy (6.4GW).

With its first European office, in Germany, Tongwei aims to build its brand awareness and invest in ESG strategies across the continent.

Germany's rooftop solar tender ended up with a record 434MW of capacity bid, while France's was undersubscribed.

Encavis has commissioned a 114MW solar park in Borrentin, Germany, the largest project in its German portfolio.

TotalEnergies has sold a 50% stake in a 2GW US solar and energy storage portfolio and acquired German renewable energy developer VSB Group.

Leading a consortium of investors via a holding company, Elbe BidCo, KKR acquired 87.41% of outstanding shares in Encavis at €17.50 per share.

PV Talk: Geoff Ferrell of sonnen tells JP Casey how virtual power plants offer the prospect of lower-cost and lower-carbon power.

Cube Green Energy, a subsidiary of US investment manager I Squared Capital, has acquired German agrivoltaics (agriPV) developer SUNfarming.