Krannich Solar is opening two new branches to further expand its global business. After recently opening branches in America and Asia, the focus is now on the Balkans. Krannich has opened its 30th branch there in Croatia, while the branch in Slovenia is number 31.
Wholesaler CCL Energy Group and Trina Solar have signed a new framework agreement paving the way for the supply of over 1.2 GW of photovoltaic modules to CCL customers across Europe.
In terms of photovoltaic installations per capita, the Netherlands is already the European leader with 1280 watts and the PV market continues to grow. The Solar Solutions trade fair in Amsterdam highlighted important trends and challenges.
IBC Solar repositions itself in Sweden with a new strategy. The business in Sweden will no longer be conducted via the authorised wholesaler and franchisee IBC Solar AB, but will be served directly by the German company IBC SOLAR.
The Belgian PV market is developing dynamically, especially in the residential sector around self-consumption solutions. The quality awareness is high. This was demonstrated at the Solar Solutions trade fair, which was held for the first time in Kortrijk (Flanders).
The somewhat unexpected development of prices on the market for solar modules is a simple calculation: Too little demand meets increasing availability of the goods.
Krannich Solar expanded its warehouse space to 125,000 square meters of space due to high demand worldwide. Five new warehouses were opened in Europe and America in 2022.
With the acquisition of the Latvian PV wholesaler ProElektro, BayWa r.e. is also expanding its pan-European PV trading business into the Baltic States. Further locations in the neighboring countries of Estonia and Lithuania are to follow in order to further expand the business in Eastern Europe.
Wholesaler Menlo Electric has signed a EUR 6m funding agreement with MBank, Poland’s leading commercial bank. Coupled with financing obtained earlier this year, this brings Menlo Electric to 60% of its 2022 goal of raising EUR 20m of growth financing.
The wholesaler Krannich Solar has had the SolaX Power brand in its portfolio since 2014. With the new X3-Hybrid G4 series, SolaX is now bringing the 4th generation of the hybrid inverter onto the market.
Photovoltaic wholesaler Krannich Solar announced yesterday that it is continuing to grow and in doing so establishes subsidiaries in China, Romania, Hungary, Australia and the USA.
The proposed acquisition of photovoltaic systems distributor Segen achieves City Electrical Factors' goal of expanding its renewable energy business.
Memodo is now working together with K2 Systems. This enables the wholesaler to offer more solar mounting systems for tiled, interlocking sheet metal and trapezoidal sheet metal roofs. Memodo will first take on the mounting systems for pitched roofs from K2 Systems.
As a result of this cooperation, the PV and energy storage portfolio of the German system house will now also available in Switzerland.
The inverter manufacturer Sungrow and the wholesaler Krannich Solar have entered into a Europe-wide sales partnership. In future, they will work together in all European branches.
The international cooperation will simplify the market entry into the PV industry for electrical wholesalers and their customers.
Analysts, politicians and media representatives do not embrace visions until entrepreneurs have paved the way for them. Until then, the visionary is a crank.
Photovoltaics on every building and that as a matter of course, plus a socially accepted energy transition in which electricity is more than just something that comes out of the socket. That is our vision for the industry and our energy future.
