The increased price of natural gas in particular drove the price development.

Producer prices rise to record high

Wiesbaden - Producer prices for industrial products rose more strongly than ever in a year-on-year comparison. This was announced by the Federal Statistical Office (Destatis). Accordingly, prices in April 2022 were 33.5 per cent higher than in April of the previous year....
  • Philipp Nellessen takes over as Chairman of the Board at Debriv

    Berlin - Philipp Nellessen is the new chairman of the German Lignite Industry Association (Debriv). The general meeting elected him to the office during this year's Lignite Day, the association announced...
  • Schröder gives up post at Rosneft

    Moscow/Hanover - Former German Chancellor Gerhard Schröder is retiring from the supervisory board of the Russian oil company Rosneft. Until now, he has been the head of the supervisory board...
  • SMA appoints new Chief Financial Officer

    The inverter producer SMA Solar Technology is getting a new Chief Financial Officer in December. Barbara Gregror will take over from Ulrich Hadding as head of Finance, Human Resources and Legal Affairs...
  • Rieckhoff becomes COO of Caeli Wind

    Berlin - Andreas Rieckhoff takes over the position of Chief Operations Officer (COO) at Caeli Wind, a cloud-based platform for wind-power area potential. The spin-off of the Berlin-based consultancy LBD aims to digitally bring together land owners and wind power project developers...
  • Berlin start-up Zolar receives another 100 million euros

    Berlin - The Berlin-based greentech start-up Zolar is raising fresh capital. The total of 100 million euros from the current financing round will flow, among other things, into the energy management app "Zolar Compass"...
  • Uniper: Turning away from Russian gas remains difficult

    Düsseldorf - Unsurprisingly, Uniper's Russian activities were the dominant topic at the group's most recent annual general meeting. The announced dissolution of existing dependencies on Gazprom as an important gas supplier remains a challenge.
  • Siemens Energy considers acquisition of wind subsidiary Gamesa

    Munich - The technology group Siemens Energy wants to help its wind power subsidiary Siemens Gamesa out of its financial misery with a complete takeover. The company's management is considering acquiring the remaining shares of Siemens Gamesa Renewables (SGR)...