Major system-wide benefits are obtainable for European power producers that quickly replace coal with renewable energy, from avoiding fuel and carbon costs to new power export opportunities.
There has been an increase in the share of PV systems in Germany that have an eastern and western orientation, according to new findings from Fraunhofer ISE.
Germany’s renewable energy sector has said new government plans to more than triple the PV capacity included in next year’s auctions do not go far enough in supporting long-term solar deployment.
Hamburg-based solar operator Blue Elephant Energy has joined forces with renewables developer Umweltgerechte Kraftanlagen (UKA) to develop a 500MWp solar portfolio in Germany.
Despite additional solar and wind contributing to a record reduction in global coal generation last year, new renewable energy projects are still not being built quickly enough to keep pace with rising electricity demand.
Berlin-based greentech startup Zolar has raised an additional €10 million (US$11.9 million) in an investment round led by Energy Impact Partners, bringing its series B funding to €35 million.
