Indian solar glass manufacturer Borosil Renewables is acquiring European peer the Interfloat Group in a deal it said will enable a more efficient supply of PV glass to customers in Europe.
German battery storage manufacturer sonnen will offer German households the possibility to switch between feed-in-tariffs from the Renewable Energy Act (EEG) remuneration and wholesale market prices.
Solar wafer producer NexWafe has completed its Series C investment round, with proceeds earmarked for product and technology development on prototype lines in Germany.
The latest solar tender in Germany has awarded contracts for just over 1GW of PV projects, but witnessed a slight uptick in prices compared to the previous round.
German developer Belectric sees potential in constructing PV plants on agricultural land as a means of helping European countries meet their renewables deployment targets while increasing community acceptance of solar.
Germany’s government is planning to slash red tape for new renewables projects as part of a new package of measures that will see the country’s already ambitious solar deployment targets be raised even further.
IKEA owner Ingka Group has invested €340 million (US$370.84 million) in 440MW of solar PV projects in Germany and Spain, to be built by developer Enerparc.
Solar wafer producer NexWafe is planning to follow up on its new collaboration with Indian conglomerate Reliance Industries by licensing its technology to strategic partners globally.
Russia’s invasion of Ukraine means that ensuring security of energy supply through the expansion of renewables should be a priority for policymakers, according to the CEO of German utility RWE.
