Commercial storage manufacturer Tesvolt has started construction of a new large-scale factory at its headquarters in Wittenberg, eastern Germany. With a planned production capacity of four gigawatt hours per year, it will be one of the largest facilities for stationary battery storage systems in Europe.
The battery manufacturer says it is seeing the first positive developments from its restructuring measures. However, due to rising demand, Varta expects stronger business in the second half of the year - and more sales in 2024.
More than 20 million euros are being invested to meet the strong demand. The expansion will take place gradually until the beginning of 2025.
The Italian manufacturer of high-efficiency PV modules, FuturaSun, acquires Solertix, a start-up specialized in perovskite solar cells research and upscaling for industrial applications.
The emergence of a global hydrogen marketplace of about 6 times the current market size now looks inevitable. This is according to a new major study called Global Hydrogen Market Forecast to 2050 published today by Rethink Energy.
The inverter manufacturer is starting the construction of a new gigafactory. SMA is thus doubling its production capacity from the current 20 to 40 gigawatts. This will cost 80 million euros.
The competition for locations for future Gigafactories for the production of solar components is heating up. To keep Europe on the ball, improved framework conditions for the construction of plants and state aid regulations are needed.
Tesvolt can expand its newly planned production capacities to a total of four gigawatt hours per year. The second factory in Lutherstadt Wittenberg is scheduled to go into operation next year.
Trina Solar recently announced that its 210mm n-type i-TOPCon solar cells have started rolling off the production line at its Gigafactory in China.
Enel North America, recently announced its intention to build an industrial-scale production facility for the manufacturing of innovative and sustainable PV modules in the US.
The manufacturer of inverters SMA continues to receive many orders. However, persistent supply bottlenecks for electrical components reduce the result. Sales could be higher.
Current figures from Fraunhofer ISI make it clear that by the end of the decade, battery cell production capacities in Europe could rise to as much as 1.5 terawatt hours.
The electric vehicle market is booming. Last year 681,000 new electric cars were registered in Germany. That means a more than two-fold increase of EV registrations in Germany.
A European utility is currently setting up a gigawatt-scale factory for heterojunction solar cells. Singulius Technologies is supplying the chemical equipment for this.
The gigafactory is expected to enter operations in late 2024, utilizing 100 per cent clean energy to produce up to 100 gigawatt hours’ worth of cathode material to enable cell assembly at multiple Northvolt facilities.
The Chinese manufacturer of flexible and lightweight solar modules has commissioned the first expansion of its production capacity of 500 megawatts. Another 500 megawatts will have been added by June of 2022.
The Indian company Reliance New Energy Solar has taken over the solar module manufacturer REC. The module manufacturer wants to grow faster this way.
The storage manufacturer Akasol has commissioned the first expansion stage of its gigafactory. This will enable the company to produce batteries with a storage capacity of one gigawatt hour per year.
German companies Q Cells and Tesvolt have agreed to join forces when it comes to the provision of green energy to corporate customers:
AKASol AG has launched series production of the AKARack 48-volt battery system in its Gigafactory 1 at the Company’s new headquarters in Darmstadt, Germany.
