germany

Zelestra has acquired a majority stake in German independent power producer (IPP) East Energy GmbH from CropEnergies.

BayWa has published its financial results for the first half of the year, which include total revenues of €10.7 billion (US$11.9 billion).

SMA Solar has announced plans to conduct a 'company-wide restructuring' due to the impacts of what it calls a 'volatile' market environment.

Sharp has launched four new PV modules for the rooftop solar sector, which include two bifacial modules with an output as high as 450W.

The company announced a 'strategic realignment' of its operations to 'ensure [a] return to profitability'.

Development of the projects has already begun according to the companies, which have collaborated in the past.

The modules themselves comprise 72 of Oxford PV’s perovskite-on-silicon cells with a conversion efficiency of 24.5%.

The auction closed on 1st July almost twice oversubscribed after 4,206MW of applications were submitted for the 2,148MW of tendered capacity.

Coined as Europe’s largest agriPV park by the companies, the Klimapark Steinhöfel spans over 500 hectares of land and eight districts in Brandenburg, eastern Germany.

Caroline Plaza looks at how new business models involving farmers, landowners and energy companies could open up new opportunities in agriPV.