Hamburg, 7 August 2020. The Nordex Group has secured a revolving syndicated loan facility of EUR 350 million within the framework of the federal government’s loan guarantee program with the participation of the states of Mecklenburg-West Pomerania and Hamburg. “With this credit facility, we are soundly protecting the company against the effects on our operating… Read more »
− Q CELLS has signed an agreement to purchase a 100% stake in Geli, a leading energy storage solutions and software provider − Combined capabilities provide smart energy solutions to customers − Acquisition marks Q CELLS’ expansion into the U.S. solar + storage market beyond existing solutions in Europe and Australia [Irvine, United… Read more »
Tuco Marine from Denmark have been appointed production partner for German Wallaby Boats GmbH who is introducing Workboats and Daughter Crafts designs based on suspension technology developed Nauti-Craft, who is based Western Australia Tuco Marine is as a start be production partner to Wallyby Boats on the WB-14 a designated offshore Wind Daughter Craft (DC)… Read more »
Independent verification of Enel X’s storage optimization software will enable increased confidence in economics and utility bill savings for behind-the-meter storage projects Oakland, U.S. 6th August 2020 – DNV GL recently performed an independent and extensive technology evaluation of Model E, Enel X’s most commonly used energy storage modelling tool at the early stages of… Read more »
The Nine-Week Class Will Help Students Better Understand Today’s Solar PV Requirements SAN JOSE, Calif., August 5, 2020－The SunSpec Alliance is pleased to announce a nine-week online course focused on educating solar PV industry participants about National Electrical Code (NEC) 2017 regulations for solar PV module safety. The course will be offered through the University… Read more »
Thermal laser separation (TLS) leads to improved module performance compared to conventional scribe and break technology 3D-Micromac AG, the industry leader in laser micromachining and roll-to-roll laser systems for the photovoltaic, medical device and electronics markets, today announced the order intake for a microCELL™ TLS laser system for the plant in Langenwetzendorf, Thuringia. The initiator… Read more »
Following yesterday’s announcement of BP’s strategy for transition from an international oil company to an international energy company, Will Scargill, Managing Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view on this transition; “BP has set out ambitious targets for the realignment of its business within five and ten… Read more »
FREMONT, Calif. — August 3, 2020. SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the second quarter ended June 30, 2020. Second Quarter 2020 Highlights Revenues of $331.9 million Revenues from solar products of $310.1 million GAAP gross margin of 31.0% GAAP gross margin from… Read more »
Leading renewable energy consultancy and service provider, Natural Power, has acted as technical adviser to the French private equity specialist Crédit Mutuel Equity for its CHF 30 million acquisition of aventron’s renewable energy portfolio consisting of a large number of wind, solar and hydro assets located throughout six European countries. Natural Power’s mandate for the… Read more »
National Grid’s Future Energy Scenarios (FES)*, published 27 July, showed hydrogen – for heating, transport and clean dispatchable thermal energy playing a pivotal role in three** out of the four of its net zero scenarios; Steady progression (SP), Consumer Transformation (CT), System Transformation (ST) and Leading the Way (LW). Cornwall Insight evaluated the relationship in… Read more »
ArcVera Renewables, a leading provider of consulting and technical services for wind, solar and energy storage projects, recently completed a partnering agreement with VIM Energy, a Panama-based renewable energy development services company with additional operations in Colombia and Mexico. With this partnership, the companies will be able to provide clients in Latin America with turnkey… Read more »
Bergen, Norway, August 3, 2020—StormGeo today announces the appointment of Kim Hedegaard Sørensen as the new Chief Operating Officer for StormGeo’s shipping division. Sørensen begins his new role immediately. Mr. Sørensen has an extensive portfolio of global C-level leadership positions in shipping and transportation, including CEO of Nordics Nagel-Group, Blue Water Shipping, and TransAtlantic Industrial… Read more »
The 2.7 GW portfolio includes projects in France, Spain, Sweden and Poland Strong boost to Nordex’s capital structure Cash consideration of EUR 402.5 million before deduction of any customary fees, taxes and any other adjustments Further reinforcing the growth prospects, underpinned by a strong order book Hamburg, 3 August 2020. The Nordex Group leverages the… Read more »
The creditors’ meeting of Solarworld Industries GmbH approved the sale of the buildings at Solarworld’s former production site in Freiberg (Saxony). The purchase price amounts to EUR 12 million and includes buildings with a total area of 33,000 square meters, patents and trademark rights. At the same time, the rental agreement for the buildings of… Read more »
People’s Energy has taken space in OVO’s former Selkirk office building and has started a recruitment drive Husband and wife entrepreneurs Karin Sode and David Pike, founders of People’s Energy, are one step closer to their mission of eradicating fuel poverty as they create 100 new jobs in Selkirk this week. The couple, who launched… Read more »
RINA and VOS cooperation allows continuity of Class certification in “Remote” The shipping industry is constantly embracing and implementing digitalisation to streamline operations, providing safe and efficient logistics solutions and optimising operating costs. The COVID-19 pandemic has demonstrated that business continuity can only be guaranteed by those players who firmly invest in connectivity, smart applications… Read more »
FIMER, one of the world’s largest manufacturers of solar inverter solutions, has provided its innovative technology to the Lemene Project, a self-sufficient and intelligent energy community comprising a 4 MW (megawatt) solar ground-mounted installation. Situated in the Marjamäki industry area in the municipality of Lempäälä in Finland, it supplies 12 MW of electricity to around… Read more »
SNEC is the biggest yearly photovoltaic event in the world, but also this fair, like all the other national and international trade fairs, should have taken place a few months ago but was postponed due to the coronavirus emergency. It is now the first fair that opens after the lockdown by implementing prevention and safety… Read more »
Intelligent energy management and servicing support (Wels, 30/07/20) Monitoring is essential for photovoltaic systems and goes far beyond recording production yields. Fronius Solar.web makes energy flows transparent and enables updates, analyses and maintenance to be carried out remotely. Installers can prepare in the best way possible for every customer appointment and impress with a high… Read more »
Europe, North America, and Asia Pacific are set to maintain a large majority of the total storage capacity due to high EV installation and charging infrastructure adoption rates July 30, 2020 – Boulder, Colo. – A new report from Guidehouse Insights analyzes the market for existing and emerging energy storage for electric vehicles (ESEV) technology,… Read more »
Systems specialist teamtechnik also regularly creates build-to-print systems for its customers – with order volumes even into the multiple millions. Time and again, the key feature here is short delivery times. The projects range from single machines through to complex turnkey systems with sophisticated process technology. The systems specialist builds them exactly to the technical… Read more »
The COVID-19 pandemic led to a fall in electricity demand following authorities’ preference of electricity generation over renewable sources. This meant that coal-based generation saw an impressive contraction in its share within the electricity mix. Data and analytics company GlobalData anticipates that the generation mix is unlikely to roll back to its pre-COVID-19 state as… Read more »
meteocontrol: power generation profiles for PPA projects Augsburg, July 30, 2020 – meteocontrol GmbH is now providing a new technical consulting service with its system-specific power generation profiles. Based on yield simulations, the hour profiles map the power expected from a photovoltaic system for all 8,760 hours in a year. Industrial and commercial energy buyers… Read more »
Jan De Nul Group has started transportation of the pin piles for the 376 MW Formosa 2 Offshore Wind Farm. The first batch of 26 pin piles was loaded on the transportation vessel BBC Onyx at EEW SPC’s facilities in South Korea and offloaded in the Formosa 2 marshalling port of Taichung in Taiwan. Jan… Read more »
EDF Renewables North America today announced the signing of a 22-year Power Purchase Agreement (PPA) with NV Energy for a 200 megawatt (MWac) solar photovoltaic project coupled with a 180 MW, four-hour battery storage system. The Chuckwalla Solar+Storage project expects to come online by the end of 2023 and deliver enough clean electricity annually to… Read more »
Technical due diligence supports draws on DNV GL global leadership in floating wind technology Tokyo, Japan, 30th July 2020 – DNV GL, the world’s largest resource of independent energy experts and certification body, has supported Tokyo Gas with an assessment of key technical and market risks ahead of a USD 22 million investment in Principle… Read more »
First project from 300 MW framework contract for Germany Hamburg 30 July 2020. Nordex Group has delivered turbines for the wind farm developer UKA for the first time and completed the first construction phase of a wind farm in Germany. The 13.5 MW wind farm “Leeskow II & IV” with three N149/4.0-4.5 turbines in Lower… Read more »
Wide range of lifting and transport technology enables time and cost efficiencies A joint venture between Mammoet and Giant Heavy Machinery Services has started working with Sing Da Marine Structure Corporation, a marine engineering subsidiary of China Steel Corporation to provide assembly, transportation and load-out services for Taiwan’s first locally fabricated wind turbine jacket foundations,… Read more »
Coronavirus cuts €93 million off profit in the quarter, while performance was also impacted by market slowdown in India and Mexico and by Onshore project challenges in Northern Europe Strong performance by the Offshore and Service units boosted the backlog to a record €31.5 billion, enhancing visibility going forward Siemens Gamesa has measures underway to… Read more »
ABB launches analytics software and services that combines operational data with engineering and IT data to deliver actionable intelligence The ABB Ability™ Genix Industrial Analytics and AI Suite is a scalable advanced analytics platform with pre-built, easy-to-use applications and services. It collects, contextualizes and converts operational, engineering and information technology data into actionable insights that… Read more »
Houston Texas, US, 29th July 2020: JDR, the global subsea cable supplier and servicer owned by the TFKable Group, has begun construction of a new US headquarters in Tomball, Texas, a part of the Houston metropolitan area. The building will consolidate three of JDR’s existing facilities in the region to expand its IWOCs rental business… Read more »
EU PVSEC restructures its plenary sessions Overview presentations and news cover “Innovations in PV technologies”, “Innovations for PV industry and deployment” and “PV in the energy system” Last chance for early bird tickets and exhibition space The three plenary events of the 37th European Photovoltaic Solar Energy Conference and Exhibition will provide current insights on… Read more »
Wind, hydro, wave and tidal energy projects bringing prosperity outside towns and cities Five in-depth studies presented in easy-to-digest format Renewable energy’s contribution to the economy of rural Scotland is analysed in a new publication by industry body Scottish Renewables. The report is an easily-accessible review of five economic studies carried out over the past… Read more »
This is a very natural combination of Above, the leading solar aerial inspection and data company and PADCON, specialists in the development and implementation of anti-PID solutions (Potential Induced Degradation). The two best in class technologies will combine forces to better identify suspected PID, cure PID and verify that improved system performance persists. Kolitzheim, Germany: Photovoltaic… Read more »
Manufacturer to supply 41 x N149/4.0-4.5 turbines Hamburg, 29 July 2020. The Nordex Group has received an order for the supply of 41 N149/4.0-4.5 turbines for a wind farm in Colombia. The order also includes a service agreement for a period of two years with an option to extend initially by three and subsequently a… Read more »
Research from Cornwall Insight shows that as energy demand has risen due to lockdown restrictions being eased, wholesale prices have also increased. In fact, the day-ahead power price (while typically remaining volatile) recently peaked at £33.10/MWh on 8 July; the highest price traded for the contract since pre-COVID lockdown. In a similar vein, front-month power… Read more »