germany

Germany is poised to introduce new rules aimed at removing electricity peaks and negative pricing associated with surplus generation of solar power.

Zelestra has signed a power purchase agreement (PPA) with electric vehicle manufacturer Tesla to sell 57MW of solar capacity.

Auction prices awarded ranged from €0.0388/kWh to €0.0495/kWh, with an average volume-weighted price awarded at €0.0476/kWh.

The gap between the largest and smallest markets in the European renewable energy sector have narrowed in recent years.

In its preliminary Q4 and full-year 2024 financial results, Wacker expects its polysilicon earnings to contract by 39%.

The majority of American and Chinese companies are “prepared” for global supply chain disruption following the inauguration of Donald Trump.

The German Federal Network Agency's provisional figures for 2024 include the addition of 16.2GW of new solar capacity.

Unlike the price ceiling for wind, which has not changed compared to 2024, all three auctions involving solar PV have been revised down to take into account the decrease in the forecast levelised cost of electricity, said the Bundesnetzagentur.

Overall, Germany (with 16.1GW added in 2024) continues to be the most important market in the European Union for solar PV, followed by Spain (9.3GW) and Italy (6.4GW).

With its first European office, in Germany, Tongwei aims to build its brand awareness and invest in ESG strategies across the continent.