Australia and Germany have collaborated to boost research into green hydrogen production with a A$110 million (US$77.8 million) investment in four projects.
Renewables developer Fotowatio Renewable Ventures (FRV) has declared its entry into the German market, opening its first German office in Munich in December and expressing the intention to develop 2GW of solar and energy storage assets in the next four years.
The German Federal Network Agency, the Bundesnetzagentur, has raised the price cap for this year's ground-mounted solar tender to attract interest in auctions.
German rooftop solar installer Enpal has closed its Series D funding round with €215 million (US$230 million) in funding from a group of investors led by TPG Rise Climate, the dedicated climate-investing subsidiary of TPG Rise.
The share of renewables in net electricity generation in Germany nearly accounted for half of total power generation in 2022 with 49.6%, according to the Fraunhofer Institute for Solar Energy Systems (ISE).
The German Federal Network Agency, the Bundesnetzagentur, has raised the maximum tariff for solar and wind energy ahead of its 2023 tenders for renewables projects. The agency said that it hopes the raised tariffs will lead to an increase in bids for renewables projects after the process saw underwhelming results in 2022.
Trina Solar has said it will challenge a court decision in Germany that found the company has infringed patented technology from rival PV module manufacturer Qcells.
The European Commission (EC) has approved Germany’s modification to its renewables energy scheme, which is designed to help the country achieve its renewable targets.