German diversified group BayWa AG's (<a href="https://www.boerse-frankfurt.de/equity/baywa-ag" target="_blank">ETR:BYW6</a>) renewable energy business has turned to a loss in the first nine months of 2024, explained by the difficult general conditions, such as lower solar component price, <a href="https://renewablesnow.com/news/baywa-re-reports-eur-1715m-impairment-losses-in-h1-870034/" target="_blank">inventory write-downs</a> and insufficient project sales.