The Chinese manufacturer has also announced plans for a tenfold production capacity increase, as it wants to cater to all project sizes with two versions of its high-voltage storage system.
Elon Musk has promised a fab near Berlin that will help create up to 10,000 new jobs. Tesla wants to build the facility near the city’s controversial new BER airport.
The global expansion of PV, wind power and other clean energies will see double-digit growth this year as solar continues to lead the pack.
For the second half of the year, the German inverter producer expects a significant increase in revenues and earnings, mainly due to high order intake. It also confirmed its forecast for the full fiscal year, despite declining sales and sales in the first six months of 2019.
The Korean solar manufacturer has lodged a patent infringement lawsuit against Jinko and REC in Germany, and two more against the same companies plus Longi in the U.S. Hanwha Q Cells claims its three rivals have used its patented solar cell passivation technology to increase the performance of their products.
In May 2018, oil giant Shell invested in German manufacturer Sonnen. Now the 112-year-old company wants to fully acquire the business, subject to Germany’s monopoly authorities. Sonnen said it hopes the deal will accelerate its growth by expanding its market reach and capacity.
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