Our next newsletter for investors will be published on December 18, 2024. It will be about the pv markets in Eastern and South Eastern Europe. The Polish market takes the lead. It is developing very dynamically. Sign up for the newsletter to receive the latest B2B information on your desk.
In many countries in Central Europe, the market for large-scale battery storage is growing rapidly. The drivers are diverse, but there are still obstacles, as Eliza Stefan, Sales Manager BESS for Central & Eastern Europe, Jinko EES, points out.
LONGi Solar and the Keno Group have entered a strategic partnership on the supply of LONGi’s latest back contact series to Central and Easter European countries. The collaboration will comprise the new Hi-MO X10 solar panels.
The PV market in Central and Eastern Europe continues to develop dynamically. Challenges are - as elsewhere - grid expansion, energy storage, load management and bureaucracy reduction. This was demonstrated at the CISOLAR & GREENBATTERY 2024 conference and expo in Bucharest.
Photovoltaics is picking up speed in Central and Eastern Europe. Poland is leading the way, but other markets such as Bulgaria, Romania and the Czech Republic are also developing dynamically. One challenge is the modernization and expansion of the grids.
Eastern Europe is one of the new solar market champions. The organizers of Intersolar Europe 2024 are expecting a large number of visitors from this region.
Up to 300,000 heat pumps are to come off the production lines annually. Production is scheduled to start in May 2023. About one billion euros has been invested.
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.
Together with its Austrian partner in this project, the LSG Group, Steag Solar Energy Solutions (SENS) has added 130 solar parks with a total capacity of 65 megawatts to the Hungarian power grid since August 2020.
BayWa r.e. continues the global expansion of its solar distribution business with the acquisition of leading Czech solar wholesaler Solid Power Distribution.
