germany

Encavis has commissioned a 114MW solar park in Borrentin, Germany, the largest project in its German portfolio.

TotalEnergies has sold a 50% stake in a 2GW US solar and energy storage portfolio and acquired German renewable energy developer VSB Group.

Leading a consortium of investors via a holding company, Elbe BidCo, KKR acquired 87.41% of outstanding shares in Encavis at €17.50 per share.

PV Talk: Geoff Ferrell of sonnen tells JP Casey how virtual power plants offer the prospect of lower-cost and lower-carbon power.

Cube Green Energy, a subsidiary of US investment manager I Squared Capital, has acquired German agrivoltaics (agriPV) developer SUNfarming.

The German solar trade association (BSW) has criticised government proposals to amend its Energy Industry Act.

Oil and gas major bp has officially acquired solar PV developer Lightsource bp, securing the remaining 50.03% interest in the company.

The EIB has backed a solar plant in Croatia, Sonnedix advanced a project in Poland and Sunrock will build rooftop installations in Germany.

Jinko Solar and Sungrow aim to go public on the Frankfurt Stock Exchange in Germany, which has attracted widespread attention.

As has been the case in many of Germany’s recent solar PV auctions, the innovation tender ended up oversubscribed with 1.8GW of capacity.