Latest International News
Nordex Group Improves Profitability and Order Intake in the Second Quarter – Share Price Jumps
29 Jul 2026 17:16 | Hamburg – Wind turbine manufacturer Nordex Group reported a significant improvement in profitability in the second quarter of 2026, accompanied by higher order intake and positive free cash flow. Against this backdrop, the company confirmed its full-year 2026 guidance. The Nordex share price reacted strongly to the figures, recording a sharp increase on the stock market. read more...
EU Expands Industrial Policy with EUR 1.5 Billion Programme for Battery Cell Plants
29 Jul 2026 11:35 | Brussels – The European Union is expanding its industrial policy course toward building competitive battery production with a new funding programme for battery cell plants. The European Commission is making available interest-free loans of up to EUR 1.5 billion. The support specifically targets the economically critical ramp-up phase of new production sites, where many projects fail due to high costs and scaling risks despite mature technology. read more...
End of a Diesel Ferry: Scandlines Advances Electrification on the Vogelfluglinie Route
29 Jul 2026 11:22 | Puttgarden/Copenhagen – Electrification of shipping is gaining momentum, particularly on short, regularly scheduled ferry routes, where battery-electric vessels are increasingly emerging as an alternative to diesel propulsion. German-Danish ferry operator Scandlines is gradually converting its fleet to hybrid and battery-electric drive systems. read more...
Renewed Crisis After Failed Restructuring: Creditors Push for Break-Up of Varta Group
29 Jul 2026 10:42 | Ellwangen – Battery maker Varta is facing another existential crisis, just two years after restructuring under Germany's Corporate Stabilization and Restructuring Act (StaRUG). Key creditors are now reportedly pushing for the group to be broken up. read more...
Race Between Battery and Fuel Cell: Bosch Launches Fuel Cell Field Trial in Commercial Vehicles
29 Jul 2026 10:21 | Stuttgart – Battery-electric drivetrains currently dominate the market ramp-up for zero-emission commercial vehicles. At the same time, manufacturers and suppliers are advancing fuel cell systems for applications that require long ranges, short refueling times and high daily mileage. Bosch is pursuing both technologies and is now launching the first field trial of its new fuel cell system in public transit service in Spain. read more...
Global-Data Expects Sixfold Increase in Global Battery Storage Capacity by 2030 as 4-Hour Systems Gain Ground
29 Jul 2026 10:08 | London – The global rollout of battery storage is accelerating sharply, driven by rising electricity demand from electrification, industry and AI data centers, as well as the need to balance fluctuating output from growing wind and solar generation. That is according to a new market analysis by data analytics and consulting firm Global-Data. read more...
Reshoring in US Solar Industry: Canadian Solar Unit CS Power Tech Starts First Phase of Indiana Cell Plant
28 Jul 2026 11:35 | Kitchener — The US solar industry now covers most of its module demand domestically and is increasingly bringing upstream cell manufacturing back onshore as well. Tariffs on Asian imports and the expansion of domestic capacity are driving the reshoring process. Canadian solar group Canadian Solar is following this trend through its US subsidiary CS Power Tech with a new factory. read more...
Nordex Completes Turnaround, Secures Multi-Billion Guarantee Facility on Improved Terms
28 Jul 2026 08:49 | Hamburg — Nordex has completed its transformation process. The wind turbine manufacturer has strengthened its balance sheet and aligned its operating business with industrial-level standards over the past several years. The company is now underscoring that progress with a new multi-year financing agreement. read more...
Hungary Lifts Wind Power Expansion Freeze, Targets More Than Tenfold Capacity Increase by 2030
28 Jul 2026 08:33 | Budapest – Hungary plans to expand its installed wind power capacity to around 4 GW by 2030, more than ten times current levels, ending a de facto freeze on new wind farm development that has lasted almost a decade. The announcement was made by Economy and Energy Minister István Kapitány in a government statement. read more...
Stock Market Week 30/26: RENIXX Weakens Further – SolarEdge, Sunrun, Array Technologies, Bloom Energy and Enphase Energy Post Double-Digit Losses
27 Jul 2026 10:02 | Münster — Oil prices rose sharply last week as the conflict between the United States and Iran escalated. Against this backdrop, the RENIXX World gained ground on the first two trading days before giving up those gains. The index slipped into negative territory on Friday and closed below the previous week's level. read more...
IEA Mid-Year Analysis 2026: Global Electricity Demand Grows Faster Despite Energy Crisis – Renewables Overtake Coal for First Time
24 Jul 2026 14:59 | Paris — Global electricity demand continues to grow significantly faster than in the years before the pandemic, despite the recent energy crisis. According to the mid-year analysis by the International Energy Agency (IEA), global electricity consumption is expected to rise by 3.6 percent in 2026 and by a further 3.8 percent in 2027. read more...
NeuConnect on Track: First 1.4 GW Power Link Between Germany and UK Reaches Construction Halfway Point
24 Jul 2026 14:29 | London — Construction of the first direct power connection between Germany and the United Kingdom has reached the halfway mark, with half of the roughly 700-kilometer subsea cable now laid. The 725-kilometer high-voltage direct current (HVDC) link is scheduled to enter service in 2028 and will transmit up to 1.4 GW of electricity in both directions. read more...
EVs Capture One in Four New Car Sales in Germany in First Half of 2026
24 Jul 2026 14:20 | Flensburg/Münster — Germany's passenger car market continues to shift toward electric mobility. Battery-electric and hybrid vehicles are increasingly displacing gasoline and diesel engines as the dominant drivetrain type, while the overall new-car market grows significantly. The trend emerges from first-half data published by the Federal Motor Transport Authority (KBA). read more...
New Strategy: Longi Bets on Integrated PV and Battery Storage Solutions in European Market
24 Jul 2026 14:08 | Frankfurt — Chinese solar manufacturer Longi is restructuring its European business. In addition to solar modules, the company plans to supply complete hybrid systems combining photovoltaics, battery storage and control software from a single source, under a new concept called "Longi ONE," backed by an expanding service network across Europe. read more...
Rising Power Demand from Heat Pumps and EVs: Enphase Adds Backup Power to European Home Batteries
24 Jul 2026 13:51 | Fremont — As growing electrification from heat pumps and electric vehicles pushes up household electricity demand across Europe, home battery systems increasingly need to combine higher capacity with resilience against power outages, without requiring owners to replace their existing installations. read more...