Finnish industry giant buys into energy storage

The market for energy storage continues its consolidation wave with the major Finnish acquisition of a Californian growth success.

Energy storage is the new black in the energy business – depicted is an experiment from German Schneider Electric Photo: Schneider Electric

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German wind prices rise by one fifth

After dramatic price declines and major criticism of German onshore wind auctions, the average price saw a significant boost in the first auction since the provisional tightening of the rules for citizen projects. Solar power is thus cheaper than wind.

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