· YoY revenues up by 26.6% to EUR 5.316 million in Q1 2020 due to outstanding power production, EPC business in Australia and O&M services in Europe, boosting EBITDA by 28.9% to EUR 1.391 million · The global proprietary portfolio of PV power plants topped 60 MWp · The company partnered with Australian technology company… Read more »
The leading company in design, manufacturing and supply of solar trackers and fixed tilt structures has earned the ISO 45001 certification. This is an international regulation applied to health and safety management system at work; destined to protect workers and visitors against accidents and work-related illnesses. This certification has been created to reduce any harmful… Read more »
Shenzhen/Munich, May 12, 2020 – BYD Co. Ltd., one of the world’s largest manufacturers of rechargeable batteries, today received the official certification for the VDE 2510-50 energy storage standard by TÜV Rheinland for their Battery-Box Premium system in the BYD headquarters in Shenzhen. The German energy storage system standard VDE-AR-E2510-50 is the strictest safety standard in… Read more »
he investment company Incus Investor changes its name to Scana ASA and embarks on a new course as parent company for a group of strong equipment and service suppliers to the maritime industry. The head office will move from Stavanger to Bergen. Through its subsidiaries, Incus Investor has managed a broad Nordic industrial history that… Read more »
27 make finals of Young Professionals Green Energy Awards Winners will be announced during first ever Young Professionals Green Energy Awards Week from 15-19 June, a change of format to reflect current business operations Almost 30 finalists of the 2020 Young Professionals Green Energy Awards are announced today (May 12). Those shortlisted have shown their enthusiasm to… Read more »
High April solar resource levels in the UK and Germany drive new production records, while new capacity helps Spain hit record production despite below average resource in March As GHI increases in the summer months, further records are expected, but more investment in forecasting is needed to manage curtailment and price cannibalisation risks Bratislava, 12th… Read more »
Deutsche Windtechnik is seeing strong growth in the number of Senvion turbines under contract. Service contracts have been signed for 110 additional turbines at 32 wind farms since the beginning of the year, ranging from type MM92 to type 6.2M. The onshore wind farms are located in Germany, Belgium, France and the UK and include… Read more »
Adjusted EBIT of €512 million, adjusted net income of €154 million Group outlook for 2020 confirmed – adjustment to Retail outlook due to warm weather and COVID-19-induced resale of contracted volumes Essen, 12 May 2020 As announced, innogy SE records year-on-year drop in earnings: adjusted EBIT amounted to €512 million and adjusted net income to… Read more »
Trailar is a British start-up offering solar mat kits for commercial vehicles. These mats supply auxiliary equipment with solar energy, reducing fuel costs and CO2 emissions. Thanks to these savings, the user can achieve a return on investment in less than 2 years. Users also benefit from reduced maintenance costs as well as longer battery… Read more »
· The company has reached another milestone by increasing its proprietary PV capacity to 60.6 MWp in operation with the commissioning of five photovoltaic power plants in Hungary, with a combined capacity of 3.5 MWp · The power plants expand Photon Energy’s installed base in Hungary to 35.0 MWp · Total annual revenues of the… Read more »
Trustful cooperation between GANIL and Pfeiffer Vacuum Innovative vacuum technology in heavy-ion research HiPace turbopumps for the new experimental area at the SPIRAL2 particle accelerator at DESIR Asslar, May 11, 2020. Pfeiffer Vacuum has received several major orders from the French large-scale research facility GANIL (Grand Accélérateur National d’Ions Lourds) (National Large Heavy Ion Accelerator)… Read more »
Nusaned Investment and SCHMID Group have closed the JV transaction in Saudi Arabia focusing on manufacturing and technology development in the field of Vanadium Redox Flow Batteries (VRFB). Nusaned Investment (an investment company owned by SABIC) and SCHMID Group announced today that they have successfully closed their JV transaction focusing on manufacturing and technology development… Read more »
Sales rise to EUR 964.6 million in Q1 2020 EBITDA margin at 1.4 percent Orders of 1.6 GW in Q1 2020 Order book for projects and services at EUR 8.4 billion Guarantee facility refinanced until April 2023 Guidance for 2020 withdrawn due to COVID-19 Hamburg, 11 May 2020. The Nordex Group (ISIN: DE000A0D6554) confirms the… Read more »
CalLab PV Modules of the Fraunhofer Institute for Solar Energy Systems ISE has been re-accredited by the German Accreditation Body (DAkkS) as an independent calibration laboratory according to the new standard DIN EN ISO/IEC 17025: 2018. The laboratory reached a record measurement uncertainty of 1.1 percent in the calibration of photovoltaic modules. The measurement reproducibility… Read more »
New polling released today by the government is highlighting the public’s strong support for renewable energy to boost the economy. The poll shows that a record 76% of people agree that renewable energy industries and developments provide economic benefits to the UK. Only 4% disagreed. Meanwhile, support for non-renewable and fossil fuel technologies hit new levels… Read more »
On 22 July 2019, Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) announced that it had signed a framework agreement with a North American-based solar cell manufacturing start-up company relating to Meyer Burger’s heterojunction (HJT) core equipment for the production of solar cells. Pursuant to this framework agreement, the placing of orders is subject to… Read more »
The leading minds of SecurEnergy GmbH, Photon Energy Solar GmbH and IWE group bundle their know-how having founded securenergy solutions AG, which will focus on ground-mounted photovoltaic systems within Germany. After several years of successful cooperation, SecurEnergy GmbH from Berlin, Photon Energy Solar GmbH, and IWE group from Denmark combine their common expertise. Therefore, the… Read more »
A new innovation call seeking a solution to increase the physical separation of technicians in the confined spaces of offshore crew transfer vessels (CTVs) during the COVID-19 pandemic has launched today (Thursday 7 May), aimed at improving the safety of personnel required to continue to travel to undertake wind farm inspection, maintenance and repair. Social… Read more »
Berlin, 7 May 2020: Off-grid solar module manufacturer OPES Solutions is expanding its commitment to the use of solar technology in safety-related applications. In addition to panels for smart lighting solutions and traffic sensors, the company supplies integrated solar technology for maritime safety ladders made by the Danish manufacturer Port-Safety. The patented “LifeLadder” is an… Read more »
Revolutionary design enables safer and faster boom lifts in tight spaces Fabrication of the erection frame for Mammoet’s Focus 30 is complete – bringing the crane one step closer to reality. This frame allows the boom to be constructed vertically in sections, making it easier and safer to deploy on packed petrochemical and construction sites…. Read more »
As EV adoption rates and manufacturing capacity increase, new innovations are emerging to drive the EV battery technology market forward May 7, 2020 – Boulder, Colo. – A new report from Guidehouse Insights examines the market trends, drivers, and barriers of electric vehicle batteries (EVBs), providing global forecasts for light duty (LD) passenger EVs, medium… Read more »
Hamburg, 7 May 2020 – WindEnergy Hamburg, the global on & offshore wind event, has been postponed to 1-4 December 2020 in response to the coronavirus pandemic and its global impact on major events and international travelling. “Unfortunately, it is currently difficult to predict the future development of Covid-19 and its consequences for large-scale international… Read more »
Reinforces Iberdrola’s presence in the French generation market, where the company is developing the Saint-Brieuc offshore wind farm (496 MW) Aalto Power has 118 MW of onshore wind power already in operation and a project portfolio of 636 MW in various stages of development Iberdrola plans to make record investments of 10 billion euros this… Read more »
High voltage wind farm engineering company, EDS HV Group (EDS), awarded an International Safety Award with Distinction from the British Safety Council. High voltage wind farm engineering company, EDS HV Group (EDS), has been awarded an International Safety Award with Distinction from the British Safety Council. The winning submission detailed EDS’s commitment and innovative approach to… Read more »
KEY FIGURES Turnover exceeding 2 billion euro EBITDA amounting to 342 million euro or 17% of turnover: in the leading group of our sector Net profit of 61 million euro An exceptionally high solvency ratio of 68% thanks to a sustained policy of complete profit reinvestment No net debt for the sixth year in a… Read more »
Record order book of €28.6 billion (+21% YoY) sustains good long-term prospects COVID-19 had a direct negative impact of €56 million on profitability, and intensified challenges experienced by the onshore business in India and Northern Europe The company faces the crisis with a solid balance sheet and healthy liquidity Siemens Gamesa calls for a sustainable… Read more »
Brussels/Freiburg, May 5, 2020 – The coalition ‘Solar Europe Now’, which has been officially launched today, is calling for the recognition of solar energy as a key driver to deliver on the European Green Deal ambitions. This coalition which gathers currently over 90 actors from the European solar value chain is concerned that the current… Read more »
NKT has been awarded a large turnkey contract of approx. EUR 500m (approx. DKK 3.7bn) by the German transmission system operator 50Hertz. The contract comprises supply and installation of 525 kV XLPE high-voltage DC (direct current) onshore cable solution for a significant portion of the SuedOstLink transmission line in route lengths of approx. 275 km…. Read more »
Sulzer launches new Global Bio-based and Renewables application development team. Sulzer Chemtech has announced the creation of a new global Bio-based and Renewables application development team. This will lead innovation for the conversion of renewable feedstocks into oleo-chemicals, biofuels, bio-chemicals and bio-polymers. It will also support the development of cutting-edge solutions for plastic recycling. This… Read more »
5 May 2020, Malaysia – TNB Renewables Sdn. Bhd. (“TRe”), a wholly-owned subsidiary of Tenaga Nasional Berhad (“TNB”), the national electricity utility company, is partnering Envision Digital International Pte Ltd (“Envision Digital”) to deploy big data analytics applications in its large scale solar (LSS) farm in Sepang, Selangor in Malaysia to improve energy productivity and… Read more »
Offshore equipment supplier Osbit has secured a contract with Seajacks to design and build a monopile upending bucket, to be used by the vessel operator in its offshore wind turbine installation projects. The system will initially support the development of the large-scale, bottom-fixed Akita and Noshiro Offshore Wind Farms in Akita Prefecture, part of Japan’s… Read more »
With the revised version 2020 of their program for heat pump systems, GeoT*SOL, Valentin Software is once again expanding the area of application of the design tool. A new system variant with a bivalent heat pump system consisting of a hydraulic switch and separate buffer tanks for domestic hot water and heating represent an application… Read more »
Augsburg, May 05, 2020 – meteocontrol GmbH has successfully obtained certification for its blue’Log XC controller for PV self-consumption on the Spanish power grid. The controller meets all requirements according to the Royal Decree (RD) 244/2019. This guarantees grid connection approval to the power system for operators of photovoltaic systems with zero feed-in. The blue’Log… Read more »
As worldwide leading consultancy and specialist shipbroker for offshore renewable energy projects GRS is now venturing into the field of project investments and corporate finance. (Hamburg, May 2020) GRS Global Renewables Shipbrokers from Hamburg is expanding its range of services with project investments and corporate finance as of May 1, 2020. Uwe Schuldt is now… Read more »
Leading renewable energy consultancy and service provider, Natural Power, has appointed Louise Waters as a renewable heat engineer to support clients at all stages of the project lifecycle, providing expert advice and analysis in support of the development of district heating and renewable heat generation projects. Louise holds a Masters degree in Mechanical Engineering and… Read more »
Bristol, May 4 2020. Rovco, one of the offshore energy industry’s leading providers of ROV and hydrographic services coupled with artificial intelligence-based technology, has been awarded a long-term contract by CWind for subsea work on the East Anglia ONE offshore wind project. The Rovco team, managed by CWind, will carry out a campaign of subsea inspection and survey… Read more »