Category: Press Releases

Subsea community travels back in time to prepare for the future

The past, present and future of the subsea industry will be examined and discussed at an event in Woking next month. Organised by industry body Subsea UK, the Back to the Future of Subsea conference will consider the potential outlook of the subsea sector, drawing upon developments over the past 20 years and explore what… Read more »

Unity Bank and Daystar Power agree on cooperation to move branch network to solar power

Lagos, 13/11/2018 – Unity Bank has agreed to work together with Daystar Power in moving the power supply of Unity Bank’s branches across Nigeria from diesel generation to cleaner and more efficient solar powered solutions. Unity Bank is one of Nigeria’s leading retail banks with 240 business offices across the country and Nigeria’s 8th largest… Read more »

Nordex sees business pick up

Sales just shy of EUR 1.8 billion in the first nine months of 2018 EBITDA margin of 4.0 percent achieved Order intake rises to 3.1 GW First orders placed for Delta4000 product series Q3 2018 in line with expectations; FY 2018 guidance narrowed at the lower end of the range Hamburg, 13 November 2018. The Nordex… Read more »

Tidewater Chooses UniSea to Digitalize and Standardize Business Processes

SKUDESNESHAVN, NORWAY, 12 NOVEMBER 2018; UniSea AS, a software developer and consultancy specializing in solutions for the shipping industry, today announced that it has been selected by Tidewater Inc as their partner in the digitalizing and standardizing of Tidewater’s business processes related to health, safety, environment and quality (HSEQ) and operations. The UniSea software suite… Read more »

EU BACKS OFFSHORE WIND INNOVATION PROJECT TO SLASH MATERIALS COST BY UP TO 25%

— EU backs Akselos and LICengineering’s groundbreaking design tech project worth €1.4m — — Digital feedback loop will lower cost of wind power through optimal design — — Optimal design uses live, real world data from existing assets in design process — The European Union is the latest backer of Akselos’ cutting edge technology, with… Read more »

BELECTRIC completes three solar farms for EDF Renewables in Israel

Pduyim (14 MWp), Mefalsim (13 MWp) and Kfar Maimon (7 MWp) are located in the Israeli Negev Desert Kolitzheim (Germany), Be’er Sheva (Israel) – End of October BELECTRIC has just completed three solar plants in the Israeli Negev Desert. BELECTRIC built and commissioned the plants with a total installed capacity of 34 MWp as EPC… Read more »

LUKOIL Marine wins Supplier of the Year Award by Incentra

At the annual Council Meeting of the Norwegian procurement organisation, Incentra in Oslo, LUKOIL Marine Lubricants was announced to be the winner of their Supplier of the Year 2018 Award. The Award was received by Mr. Arild Vartdal, LUKOIL’s representative at the Council Meeting, who explained: “We have been working with Incentra for two years and… Read more »

Storage power plant inaugurated at Curslack wind farm

Energy transformation in Northern Germany making further progress Michael Westhagemann, the Senator for Economics, Transport and Innovation of the City of Hamburg, today officially commissioned the storage power plant at the Curslack wind farm in Hamburg-Bergedorf. At the core of the system is a system linking the five wind turbines operated at the wind farm… Read more »

New CEO of Hanwha Q CELLS receives Prime Minister of Saxony-Anhalt Reiner Haseloff at its R&D and technology center in Germany

− Hee Cheul (Charles) Kim, the newly appointed CEO of Hanwha Q CELLS as of October 1 2018, welcomed Reiner Haseloff at the Company’s R&D and technology center in Saxony-Anhalt on November 8 − The two figureheads discussed a broad range of topics, including investment in Saxony-Anhalt, employment, and technological advances in renewable energy −… Read more »

Hornsea Project One adds Manor Renewable Energy (MRE), another UK supplier, to the team

Ørsted, the leading offshore wind developer, has signed a contract with Dorset-based Manor Renewable Energy (MRE) Ltd to provide the full temporary power package of generators, personnel and vessels in case of need during the turbine installation and commissioning for Hornsea Project One. Commencing in January 2019, MRE would utilise their own multi-purpose vessel, the… Read more »

InnoEnergy-backed Smartive secures major wind contract with Acciona Innovative technology to be deployed on 1,000 wind turbines

Eslava, Spain, 8 November 2018 Smartive, the smart technology platform provider to the clean energy industry and backed by InnoEnergy, has secured a major contract with Acciona, a global leader in renewable energy projects, to monitor 1,000 of its wind turbines. The initial engagement will run for a year, with the option to extend. Over… Read more »

Baltic Seabed Survey Contract Marking First for iSURVEY

iSURVEY, a leading provider of survey and positioning services to the global oil and gas, offshore renewables and telecommunications markets, has successfully completed a 30-day geophysical seabed survey for Allseas, a major offshore pipelay and subsea construction company. As part of the forthcoming Nord Stream 2 pipeline project, the contract marked a first for the… Read more »

RELIABLADE project: Increased Reliability of Rotor Blades

Strategic collaboration in the field of rotor blade research Two of the world’s leading institutions when it comes to wind energy, Danish DTU Wind Energy and German Fraunhofer Institute for Wind Energy Systems IWES have joined forces and national funded projects in the new €17.6 million RELIABLADE project creating a strategic collaboration to strengthen research… Read more »

DNV GL successfully completed technical due diligence for 25 MW Windfloat Atlantic floating wind project

Technical Due Diligence helped secure €60 million from the European Investment Bank to become world’s first project-financed floating wind farm Oslo, Norway– 7th  November 2018 –DNV GL, the world’s largest independent energy advisory and certification body, has successfully completed a lenders’ technical due diligence on the 25MW Windfloat Atlantic project, the biggest floating wind farm… Read more »

Occupational health and safety: BELECTRIC certified by TÜV NORD

 BELECTRIC and its subsidiaries PADCON and Jurchen Technology have been certified in accordance with the new ISO 45001 standard  Occupational health and safety management system successfully implementedKolitzheim, Germany – International solar and battery specialist BELECTRIC is a leader in the field of occupational health and safety: BELECTRIC is one of the first companies in Germany… Read more »

A HALL OF THEIR OWN FOR 2019: PRODUCTION TECHNOLOGIES BENEFIT FROM SOLAR POWER AND STORAGE BOOM

Munich, November 7, 2018 – The solar market is thriving, and demand for batteries is also rising steadily. Market researchers have predicted photovoltaics (PV) deployment of roughly 100 gigawatts (GW) for 2018. At the same time, the global market for batteries and fuel cells is already worth 5.5 billion euros and is forecast to exceed… Read more »

Innovative iSpin technology selected to monitor the performance at Vattenfall’s European Offshore Wind Deployment Centre

Zug, Switzerland – November 8, 2018: Since Vattenfall commissioning the European Offshore Wind Deployment Centre (EOWDC) earlier this year, the Swedish energy group has been measuring important wind parameters with ROMO iSpin technology to monitor the performance of each of the eleven enhanced MHI Vestas V164 8MW class wind turbines. The iSpin equipment was installed… Read more »

Hanwha Q CELLS publishes its Sustainability Report 2018

− Report emphasizes Hanwha Q CELLS’ quality innovation efforts towards enhancing product reliability and engagement in eco-friendly business activities that reflect eco-friendly characteristics of PV industry − 2018 report introduces Hanwha Q CELLS’ corporate social responsibility,  addressing a range of social issues, including climate change, energy poverty, and fine dust [Berlin, Germany, November 7, 2018]… Read more »

Ashtead signs global master lease agreement with Oceaneering

Leading independent provider of subsea equipment rental, sales and services to the offshore industry, Ashtead Technology Limited has today (7 November, 2018) announced that it has secured a global master lease agreement with a wholly-owned subsidiary of global oilfield services provider, Oceaneering International Inc. The agreement will see Ashtead offer Oceaneering’s range of ROV tools… Read more »

Ingeteam supplies 140MW to Chile for solar projects coming under the PMGD program

To date, Ingeteam has supplied 140 MW to Chile for solar projects coming under theDistributed Generation by Small Power Producers (PMGD) program, which supports the execution of generation projects with rated powers of up to 9 MW. Distributed generation is an ongoing trend in Chile and in many other countries, accounting for one quarter of… Read more »

SINGULUS TECHNOLOGIES signs during the China International Import Expo Show (CIIE) further Agreements for the Delivery of Production Systems for CIGS Solar Modules

Kahl am Main/Shanghai, 07 November 2018 – During the International Import Expo Show (CIIE) in Shanghai, China, SINGULUS TECHNOLOGIES today signed a further letter of intent (LOI) for the delivery of more than 10 production machines for the manufacturing of 300 MW of CIGS thin-film solar modules. After China National Building Materials, Peking (CNBM) signed… Read more »

Meyer Burger awarded contract from Chinese customer for its newest generation wafer inspection system

Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) received the first order for its latest generation Wafer Inspection System, the WIS-08 shortly after launching the platform in the market. A leading PV manufacturer from China has ordered a total of 20 tools developed by Meyer Burger’s subsidiary, Hennecke Systems GmbH, to ensure reliable quality control… Read more »

Trojan Battery Company and Charlesbank Capital Partners announce that C&D Technologies will Acquire the Trojan Business

Santa Fe Springs, California – November 6, 2018 – Trojan Battery Company, LLC, the world’s leading manufacturer of deep-cycle energy storage solutions, announced today that its current majority owner, an affiliate of Charlesbank Capital Partners, has reached an agreement with C&D Technologies, a portfolio company of KPS Capital Partners, for C&D Technologies to acquire Trojan…. Read more »

Sulzer to expand electromechanical services offering to Southern California

Sulzer acquires Brithinee Electric, a leading independent electromechanical service provider in Southern California, USA. Last year, Brithinee recorded annual sales of about USD 10 million with a workforce of 46 employees. Sulzer has acquired Brithinee Electric of Colton, California. Through this acquisition, Sulzer expands its electromechanical services business into Southern California and gains access to… Read more »

New partnerships strengthen WinGD’s global training network

The appointment of two new WinGD training partners will provide easier access to high quality training for ship operators and crews. Strategically chosen for their high qualifications and location in prime maritime geographical areas, WinGD has signed agreements with Giga Mare Inc. in the Philippines, and BlackSea Training in the Ukraine. By partnering with these… Read more »

CNBM plans Additional 300 MW Production Capacity for CIGS Thin-Film Solar Modules in Bengbu

Kahl am Main/Shanghai, November 06, 2018 – In the course of a festive signing ceremony during the International Import Expo Show (CIIE) in Shanghai, China, a letter of intent (LOI) for the delivery of more than 10 production machines for the site in Bengbu, Province Anhui, for the manufacturing of 300 MW of CIGS thin-film… Read more »

DNV GL certifies Ingeteam’s 2MW DFIG converter

Spain, November 6, 2018. Ingeteam, the world-leading supplier of electrical conversion equipment, announced today that it received DNV GL’s certification for its Ingecon®Wind stator-equipped 2MW DFIG converter. With this latest achievement, Ingeteam completes the range of its products covered under DNV GL certification, such as the medium voltage full power converters and the statorless DFIG… Read more »

Siemens Gamesa meets guidance for FY 2018 and reaches net income of €70 million on revenue of €9.1 billion

• EBIT margin (1) at 7.6% with a sound balance sheet, returning to a net cash position of €615 million • Strong performance in Q4: revenue growth to €2,619 million (+12% YoY) and EBIT margin (1) at 8.2% • Peak backlog of €22.8 billion (+10% YoY), boosted by stable order intake of €11.8 billion (+9%… Read more »

Transformer failure seriously impacts business continuity, research finds

Transformer failure is a concern for over 80% of industry professionals surveyed Failure puts business continuity at risk Operations and maintenance regimes are critical Industry leading research launched today by MIDEL, the world’s leading brand of ester-based transformer fluids, reveals the real and significant threat posed when a transformer fails, and a high level of… Read more »

China’s importance to energy market rises, while climate targets are still in question, and the Utilities landscape is changing fast in the wake of accelerated digital transformation

China becomes a dominant player in the energy space Paris 2015 Climate Accord targets could slip out of reach, as economy rebounds While the Utilities landscape rebounded with renewed financial strength, the need to accelerate their transformation heightens as competition from new players emerges All segments of the value chain are impacted by digital transformation … Read more »

Goldbeck Solar and Eneco have realized their first mutual project in the Netherlands

The first joint project from Eneco and Goldbeck Solar in the Netherlands has been completed in August and was built on the property of the regional water supplier Evides in Hoek. The solar farm in the south of the Netherlands, near the Belgian border, has a capacity of 2 MWp. Approx. 1.900 megawatt hours will… Read more »

PHOTON ENERGY BREAKS GROUND ON 5.5 MWp SOLAR PROJECTS IN ALMÁSFÜZITŐ, HUNGARY

Photon Energy broke ground on eight solar PV projects with a total capacity of 5.5 MWp in Almásfüzitő, Hungary The construction costs will be approximately EUR 6.1 million and the completed plants are projected to annually generate 6.6 GWh of electricity Amsterdam, 5 November, 2018 – Photon Energy (WSE: PEN, the ‘Group’) announces that its… Read more »

NKT confirms turnkey order for Moray East offshore wind farm project

As informed in Company Announcement no. 30 of 13 November 2017, NKT has signed a Preferred Bidder Agreement (PBA) for delivery and installation of export cable systems to the prospective offshore wind farm project Moray East. Now, NKT and the project developer, MOWEL, Moray East Offshore Windfarm Ltd, owned by EDP Renováveis S.A., ENGIE and… Read more »

SolarEdge Announces Third Quarter 2018 Financial Results

FREMONT, Calif. — November 1, 2018. SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the third quarter ended September 30, 2018. Third Quarter 2018 Highlights  Record revenues of $236.6 million, up 42% year-over-year GAAP net income of $45.6 million GAAP net diluted EPS of $0.95… Read more »

Nordex Group receives order for 57 MW from Germany

Hamburg, 1 November 2018. The Nordex Group has secured an order for a total of 57.6 MW for a cluster of wind farms in Mecklenburg-Western Pomerania, Germany. The “Hoort” wind farm is a joint project by LOSCON GmbH, a wind farm developer, and mea Energieagentur Mecklenburg-Vorpommern GmbH (mea), a wholly owned subsidiary of the municipal… Read more »

Peter Vanacker starts as President and CEO of Neste Corporation

Neste Corporation Stock Exchange Release 1 November 2018 9 am. (EET) As disclosed on 9 February 2018, Peter Vanacker (born 1966, M.Sc. Chem. Eng.) starts today on 1 November 2018 as the President and CEO of Neste Corporation. He joined Neste in September 2018 as a Senior Executive and since then has familiarized himself with… Read more »