Germany-based energy supply company EnBW Energie Baden-Württemberg AG announced that after having received the final official approvals, it closed the acquisition of French developer and operator of wind and solar farms VALECO on 3 June 2019.
BayWa r.e. is building Germany’s first subsidy-free solar park, proving that solar energy can now compete against conventional energy sources in Germany without any financial subsidies. The project Barth V, some 30 kilometres east of Stralsund, has a total capacity of 8.8 MW and construction will start at the beginning of June.
German manufactgurer of energy storage systems, Tesvolt, announced that it is working to establish new production facilities for lithium storage systems with an annual production capacity of over one gigawatt hour (GWh) in Lutherstadt Wittenberg, Germany, which would be Europe’s first gigafactory for battery storage systems.
Germany-based leading asset management software platform for renewable energy industry, 3megawatt, announced it has been named as a finalist for the Digital Energy Innovation Award 2018 organized by Munich Network, which took place between the 14th and 15th of November 2018 at the Fraunhofer Institute in Munich.