Economy

Return Energy

Dutch battery storage project developer Return receives €300 million in growth capital

Dutch energy storage solutions provider Return has announced the conclusion of a long-term partnership with APG. APG is an institutional investor with approximately €590 billion in assets under...
SMA

SMA cuts another 350 jobs, 300 of them in Germany

SMA Solar Technology AG has announced the elimination of another 300 jobs in Germany. In addition, another 50 jobs will be cut abroad, the inverter manufacturer announced on 2 October. In addition to the restructuring and transformation programme...
IEA

IEA lowers renewable energy expansion forecast due to developments in the US and China

Although the expansion of renewable energies continues to progress rapidly, it will be somewhat slower than previously predicted until 2030. This is according to the report »Renewables 2025« published...
FlexPower

US hedge fund acquires German electricity trader FlexPower

The American investment company Citadel is to acquire Hamburg-based CFP FlexPower GmbH. An agreement to this effect has already been reached, according to the electricity trading company. FlexPower expects the acquisition to herald...
Meyer Burger

Meyer Burger shareholders left empty-handed in insolvency

The shareholders of Meyer Burger Technologie AG will not receive any more money. All remaining assets must be used to settle outstanding liabilities. As the company announced today, it is out of the question that shareholders will receive a liquidation...
Kromatix Solar

Switzerland: G-neration Energy acquires Kromatix technology for the production of colored solar glass

Swiss company G-neration Energy AG has acquired Kromatix Glass Tech SA, also based in Switzerland, thereby gaining access to trademark rights, technology, and patents for the manufacture of...

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Green Power vs. Grey Power – An Underestimated Risk to Credibility and Climate Action

Dr. Erich Merkle: The distinction between green electricity from renewable sources and grey electricity from fossil or nuclear generation is central to the energy transition.

Agri-PV + Battery Storage: Powering the Future of Profitable Farming

The winning formula for tomorrow’s agriculture is here: co-locating agri-photovoltaics with advanced battery storage.