German energy company RWE’s onshore renewables business has undergone a dramatic change in fortunes on 2021, with 1H 2022 seeing the unit return to profitability following a poor H1 2021 performance, while during the first half of the year the company invested €2 billion (US$2.04 billion) in the expansion of its green portfolio.
Germany generated a record amount of power from solar PV on Sunday, with this expected to be repeated over the coming days amid a fierce heatwave across western Europe, according to Bloomberg.
Perovskite-on-silicon PV modules are more environmentally advantageous than conventional silicon heterojunction (HJT) modules over a 25-year lifetime, according to a study from researchers in Germany.
Energy major bp has signed a memorandum of understanding with German conglomerate thyssenkrupp focused on the supply of low-carbon hydrogen and renewable power in steel production.
Spanish developer Grenergy has launched a €90 million (US$94.8 million) accelerated capital increase to fuel growth in Europe and develop its energy storage capacity.
Solar developer Procon Solar GmbH has sold a 400MW PV project pipeline to German energy company EnBW, with the potential for this to double over the next year as EnBW targets 50% of renewables in its generation mix by 2025.
Independent power producer (IPP) AMPYR Solar Europe (ASE) and German developer Belectric have agreed to install a pipeline of more than 200MW of solar PV capacity in Germany within the next two years.
A steep decline in solar irradiance in Spain earlier this year highlights the need for an interconnected European grid and increased investments in forecasting, according to PV data firm Solargis.
