The importance of photovoltaics in Donald Trump's energy policy
Donald Trump’s energy policy prioritises fossil fuels, reducing support for renewables, wind energy, and electric vehicles. However, photovoltaics has continued growing, with the U.S. solar industry expanding by 128% during Trump’s first term.
Solar energy now leads renewable electricity generation, with significant future investments expected. Risks include uncertainty over the Inflation Reduction Act (IRA), potential tariff increases, and possible cuts to the Investment Tax Credit (ITC).
Despite political uncertainty, photovoltaics remains competitive due to its low cost, with analysts predicting it will continue to dominate clean energy investments and new capacity additions in the coming years.
Saxovent becomes strategic partner of hellgrün Energie: Together for a sustainable energy transition
Saxovent Smart Eco Investments has invested €500,000 in hellgrün Energie, forming a strategic partnership to generate 100 MW of green electricity on commercial roofs by 2027. Saxovent brings expertise in renewable energy infrastructure, while hellgrün specialises in commercial solar projects, including financing through private investors.
This collaboration aims to drive CO2 reduction and offer financial benefits to businesses. Saxovent, with over 25 years of experience, supports climate-friendly innovations, while hellgrün provides an all-in-one solar solution for companies in Germany.
Agri-PV pioneer feld.energy with investment from FlixBus founders and expansion of the management team.
feld.energy, an agri-photovoltaics pioneer, secured a €1.7 million pre-seed investment from FlixBus founders and other investors. The company appointed Lukas Zels as COO and Dr. Bernhard Gruber as Chief Engineer.
feld.energy enables farmers to generate income through dual land use for agriculture and solar energy, supporting Germany's renewable energy goals while enhancing agricultural resilience.
Complete renaming of Sunova Solar to Thornova Solar
Sunova Solar fully rebranded to Thornova Solar. As announced in May last year, Sunova Solar is now fully branded as Thornova Solar.
The unification under one global brand emphasises the company's worldwide reach and market position. Sunova Solar has chosen the Thornova Solar brand, which the company already uses in North America and Mexico.
Improve conditions for the market-based energy transition
Germany’s energy transition has progressed, with record photovoltaic expansion, falling solar and storage costs, and increasing wind energy approvals.
The focus now shifts to energy transport, grid expansion, system security, and digitalisation. Storage solutions, from home batteries to large-scale systems, will accelerate the transition.
However, inadequate digitalisation and grid operator inefficiencies cause delays and higher costs. Faster digitalisation and reduced bureaucracy are essential. The Federal Association for New Energy Economy (BNE) advocates market-driven solutions over subsidies for efficient, secure energy policy.
Next German government should focus on EU cooperation in industry decarbonisation.
Slowing Germany’s industry decarbonisation risks losing competitiveness in green markets, warns Philipp Verpoort of the Potsdam Institute for Climate Impact Research (PIK).
He urges the next government to provide policy clarity for climate-friendly investments and enhance European cooperation to reduce costs.
As lead author of an Ariadne energy transition report, Verpoort also cautions against overreliance on long-distance green hydrogen imports for decarbonising steel and chemical industries, emphasising the need for a strategic domestic approach to emissions reduction.
Ingmar Helmke as Tion Renewables' new CEO
Ingmar Helmke has been appointed as the new CEO of Tion Renewables, effective January 1, 2025.
With extensive experience in renewable energy investments from roles at Macquarie Capital’s Green Investment Group and Aquila Group, Helmke aims to drive Tion’s growth in wind, solar, and battery storage across Europe.
Montel appoints Tobias Federico as Chief Product Officer
Berlin/Oslo, January 27, 2025. Montel, a leading provider of energy market analytics, data and news, is pleased to welcome Tobias Federico as its new Chief Product Officer (CPO).
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