Economy
- Economy
German battery market to decline significantly in 2024
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The German battery market reached a volume of €20.5 billion in 2024, according to the German Electrical and Electronic Manufacturers' Association (ZVEI). However, with a decline of €3.8 billion (minus 16 percent) compared to 2023, it was unable to continue the strong growth of the previous...
- Economy
Germany: Planned expansion of renewable energies will reduce electricity prices on the exchange by up to 23 percent by 2030
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If the German government sticks to its planned expansion path for renewable energies, the average electricity price on the exchange could fall by up to 23 percent by 2030 – compared to a reduction of...
- Top News, Economy
Wood Mackenzie: Top 10 module manufacturers delivered 500 GW in 2024 and incurred losses of $4 billion
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In 2024, the world's ten leading manufacturers of photovoltaic modules delivered a record 500 gigawatts (GW) of modules, almost double the amount delivered the previous year. This information comes from the Wood Mackenzie report, »Global Solar Module...
- Economy
German »Energy System Alliance« aims to support installers in competition with large full-service providers like 1Komma5°
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German companies Solarwatt, Tibber and Kiwigrid have formed the Energy Systems Alliance (ESA). According to the companies, the aim of this strategic partnership is to provide installers with »holistic, intelligently...
- Economy
Israeli company Econergy enters German market with acquisition of two large-scale battery storage facilities in Brandenburg
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Brandenburg through a German subsidiary, with a total capacity of 200 MWh and an output of 100 megawatts. (Uskmouth Sustainablr Energy Park in von Econergy in Wales.) The German projects already have...
- Economy
Meyer Burger receives extension for annual financial statements, shares remain suspended from trading
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The Swiss stock exchange SIX has given Meyer Burger Technology AG until the end of July to submit its 2024 annual report. Meyer Burger announced this on Tuesday. The company was originally due to publish its annual financial statements by the end...
