In Short : India has overtaken Germany to become the world’s third-largest generator of wind and solar power, contributing 10% of its electricity from these sources in 2024, according to Ember’s report. Driven by rapid solar growth and supportive policies, India added 24 GW of solar capacity last year, reinforcing its ambition to reach 500 […]
Germany at the Forefront of Next-Generation Battery Innovation: Berlin-based theion Secures €15 Million Series-A Funding to Revolutionise Battery Technology – EQ
Berlin-based theion develops crystal sulfur battery tech, a game-changing alternative to lithium-ion The innovation’s aim is the 3X reduction of battery cost and weight while significantly lowering CO2 footprint Leading European investors support theion tech’s global deployment in aviation, automotive and energy storage When, successful, the technology will generate a European export industry worth hundreds […]
Germany aims to replace lost solar panel subsidy, Habeck says – EQ
In Short : Germany is working on replacing the lost solar panel subsidy, according to Habeck. This indicates the government’s commitment to supporting solar energy initiatives and maintaining incentives for solar panel installations, aligning with Germany’s goals for renewable energy and sustainability. In Detail : Germany’s Economy Minister Robert Habeck said he aimed to replace […]
Germany keen for strategic ties with State – EQ
In Short : Germany expresses eagerness for strategic ties with the state. This signals a mutual interest in fostering a close and collaborative relationship, likely involving diplomatic, economic, and possibly cultural exchanges for mutual benefit and cooperation between Germany and the specific state in question. In Detail : In a significant development, a business delegation […]
Germany allocates 191 MW in latest rooftop solar tender – EQ
A total of 88 bids with a combined capacity of 191 MW were selected in the last round of Germany’s rooftop solar tender for this year, which attracted proposals with nearly double the targeted capacity. The Federal Network Agency (BNetzA) received 184 bids for solar installations on buildings and noise barriers with a total capacity […]
Germany boosts South Africa and Namibia’s green energy projects with new investments – EQ
In Short : Notably, these developments occur against a backdrop of ongoing debate regarding energy policy in South Africa. Julius Malema, a prominent political figure, has voiced strong support for coal reliance, highlighting the tensions between economic interests tied to traditional energy sources and the global push towards decarbonization. In Detail : JOHANNESBURG : Germany […]
German onshore wind auction awards 1.4 GW, falls short of target – EQ
Germany has only chosen 1,433 MW of onshore wind projects in the latest auction round, falling short of the targeted capacity of 1,667 MW which was halved due to concerns of low interest. As many as 142 bids totalling 1,436 MW were submitted within the deadline of August 1 and one bid was excluded from […]
Module, Inverter, and Glass Manufacturers Unveil $2 Billion Investment for Vertically Integrated Production – EQ Mag
3 solar PV companies in Germany have announced a partnership for vertically integrated production plans €2 billion is estimated to be invested to expand Heckert Solar’s module capacity, while adding solar cell, and polysilicon production, including wafer manufacturing The trio of Heckert, Wattcraft and Interfloat have applied for funding under the BMWK’s 10 GW manufacturing […]
German solar auction awards 1.67 GW amid unprecedented interest – EQ Mag
Germany has allocated 1,673 MW of solar capacity in the latest tender round which witnessed a remarkable surge of interest, with projects vying for subsidies totaling 4,653 MW. The Federal Network Agency said on Thursday it has selected 124 projects for ground-mounted solar parks and solar plants on structural systems that are neither buildings nor […]
Germany to launch dynamic bidding in 7-GW offshore wind auction – EQ Mag
Germany’s Federal Network Agency will introduce a so-called dynamic bidding process for the ongoing 7-GW offshore wind energy auction as several zero-cent bids have been submitted for all four areas in the North Sea and the Baltic Sea that are being tendered. “The results of the tender are good news for the energy transition in […]