FREMONT, Calif. — November 2, 2020. SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the third quarter ended September 30, 2020. Third Quarter 2020 Highlights Revenues of $338.1 million Revenues from solar products of $312.5 million GAAP gross margin of 32.0% GAAP gross margin from… Read more »
Category: Press Releases
SolarEdge Announces 2025 Sustainability Targets, Committing to Powering 2.5M Homes
SolarEdge announced today the release of its Sustainability Strategy and 2025 Goals and Targets. The new goals support and accelerate the company’s commitment to shaping the future of sustainable energy production, energy storage and e-mobility, and accelerating the transition to affordable clean energy though innovation. SolarEdge’s sustainability goals focus on: Powering clean energy, including a… Read more »
BlueSky Energy launches ready-to-connect outdoor storage system “Vigos”
Vöcklamarkt, 02 November 2020. The Austrian company BlueSky Energy developed a new battery storage for outdoor installation. The outdoor storage system named Vigos is designed to operate in temperatures from minus 30 degrees Celsius to plus 50 degrees Celsius and withstands rain, snow and frost. The device is scalable from 18 to 96 kWh and… Read more »
Global Wind Industry In Good Mood – Clear Improvement In Germany
Hamburg, 02 November 2020 – 2020 is a crisis year, yet the wind industry comes across as rather stable, compared to many other sectors: The mood in the global wind industry is increasingly seen in a positive light. The future of offshore wind energy in particular has received very optimistic assessments, with best-ever results for… Read more »
LONGi Solar and EWS enter into strategic partnership to bring best value high efficiency modules to Northern European PV markets
LONGi Solar, world leading solar technology company headquartered in Xi’an, (China), has signed a new commercial agreement to distribute its high quality and reliable modules in northern European markets, through PV wholesaler EWS, based in the north of Germany. Founded in 1985, EWS is one of the leading wholesalers specialising in PV energy in the… Read more »
DNV GL advisor to CI III Monegros Energy Holdco refinancing twelve wind farms in Spain
The technical Due Diligence evaluated twelve wind farms totaling 487.3 MW in Spain Madrid, Spain, 2 November 2020 – DNV GL, the world’s largest resource of independent energy experts and certification body, today announced it has supported CI III Monegros Energy Holdco in refinancing its portfolio of twelve wind farms with a capacity of… Read more »
Sea Machines, Leader in Autonomous Marine Technology, Completes a $20 Million B-Round Fundraise
(BOSTON; October 30, 2020) – Boston-based Sea Machines Robotics, a leading developer of autonomous systems for ocean-going vessels announced today that it has accomplished its full $20M investment goal with a second close of $5M. The company announced the first close of $15M in July. This latest close includes follow-on investments by the Brunswick Corporation and… Read more »
Miros Announces New Webinar Series for Offshore Wind
As this unprecedented year of operation continues to unfold, Miros brings together independent industry experts and customers alike for a series of webinars exploring a range of topics relevant to those working within the rapidly expanding global offshore wind market. Tuesday 3rd November, 1500CET Significant Wave Height: How Real-Time, Localised Data Enhances Operational Safety, Efficiency… Read more »
FIMER DRIVES A NEW ERA FOR E-MOBILITY
FIMER is entering the race for Electrical Vehicle (EV) chargers with the launch of a comprehensive new portfolio of residential and commercial chargers. With Electric Vehicles (EVs) expected to account for an estimated 30 percent of global vehicles by 2025, FIMER, the world’s fourth largest solar inverter manufacturer, has unveiled its new portfolio of AC… Read more »
DNV GL provides technology qualification services for aerodyn’s new floating offshore wind design
Double rotor floating concept nezzy² receives statement of feasibility Innovative concept allows for a rated power of 15 MW Next milestone in prototype development reached Hamburg, 29 October 2020– DNV GL, the world’s largest resource of independent energy experts and certification body, has awarded aerodyn engineering with a statement of feasibility for its double rotor… Read more »
SMA Completes 1GW of Agreements for Contract with Brookfield Renewable
The two companies have now executed O&M service agreements for more than 500 solar plants across North America totaling nearly 1GW of capacity. Following the execution of a Framework Agreement in November 2019, SMA America and Brookfield Renewable have successfully executed service agreements pertaining to an extensive 1 GW solar portfolio consisting of over 500… Read more »
Atlas Copco takes the factory into the field with smart battery nutrunner range
Delivering safer, faster, more cost-efficient and traceable high torque bolt tightening for critical applications in the energy sector are the key objectives of a new range of cordless smart battery nutrunners, launched by Atlas Copco Tools and Industrial Assembly Solutions. Previously expensive and time-consuming installation and maintenance processes carried out using hydraulic wrench methods, on… Read more »
The Scottish Government has today announced:
Progress towards Scotland’s 2020 renewable heat target A £4 million cashback grant scheme to encourage small and medium-sized businesses (SMEs) to improve energy efficiency and install renewable heating Responding, Helen Melone, Senior Policy Manager at Scottish Renewables, said: “Scotland has barely scratched the surface of decarbonising the way it keeps warm – something which will be… Read more »
Vela acquires SeaRoc
Vela Software Group (“Vela”), an operating group of Canadian public company Constellation Software Inc. (TSX:CSU) is pleased to announce it has acquired SeaRoc Group Ltd (“SeaRoc”), a United Kingdom operating company based in Chichester, UK. About SeaRoc. SeaRoc was formed in 2002 and has grown under the Fred. Olsen Group to provide industry leading Software as a Service (SaaS) solutions (SeaPlanner and SitePlanner) with associated hardware, to optimise safety and efficiency within large… Read more »
EMR keeps Enerco Energy trading with comms upgrade across windfarm portfolio
Comms infrastructure upgrade completed at 15 onshore windfarms in Ireland, stretching from Cork to Mayo Secure, resilient network carries reliable trading data with maximum network uptime Helps Enerco Energy meet its data reporting requirements for regulatory purposes Announcement coincides with EMR’s exhibitor presence with Enterprise Ireland at the Global Offshore Wind 2020 Conference DUNBOYNE, CO… Read more »
The Scottish Government has today published its adopted Sectoral Marine Plan and its final Offshore Wind Policy Statement.
Responding, Ben Miller, Senior Policy Manager at Scottish Renewables, said: “Today’s publications represent new foundations on which our members can continue to develop Scotland’s tremendous offshore wind resource and deliver on Scotland’s ambitious renewable energy and net-zero targets. “The Scottish Government’s statement that 11GW of offshore wind deployment is possible by 2030 means there is much… Read more »
CUHK Faculty of Engineering Develops Effective Energy Harvester Breaking through the Limitation of Battery Life of Smart Watches and Wristbands
Smart watches and wristbands are becoming more and more popular. Various new functions such as health monitoring, contactless payment, entertainment, living assistance, have been added to these small devices and bring convenience to our daily lives. However, the limited battery life of these devices, due to its critical size, remains a key issue. To address… Read more »
The Scottish Government has this morning published the adopted Sectoral Marine Plan and its final Offshore Wind Policy Statement.
Responding, Brian McFarlane, Co-Chair of the Scottish Offshore Wind Energy Council, said: “Scotland’s offshore wind resource is one of the best in the world and the Scottish Offshore Wind Energy Council is committed to its vision of an offshore wind sector that plays to Scotland’s strengths, delivering jobs, investment and export opportunities in line with… Read more »
Saitec Offshore Technologies announces the beginning of the construction of its SATH floating platform within the framework of the DemoSATH Project. The work package has been awarded to Ferrovial, which will carry out the works in the Port of Bilbao (Spain).
The construction package covers site preparation, concrete precasting, procurement of steel bulkheads and assembly of the floater along with management of the supply chain. The various sections of the floater will be first precast and then assembled proving the efficiency of the industrial fabrication. 90% of the construction budget will be destined to the local… Read more »
Guidehouse Insights Report Shows Market for AI-Based Applications for EV Energy Management Is Expected to Grow at 28% Compound Annual Growth Rate from 2020-2029
EV adoption is expected to accelerate as AI makes the EV ecosystem more attractive and competitive Oct. 28, 2020 – Boulder, Colo. – A new report from Guidehouse Insights describes the AI applications used in the current generation of EV hardware and services as of 2020, providing market forecasts for in-vehicle AI applications, EV fleet… Read more »
PORTFOLIO-WIDE TURBINE BENCHMARKING CRUCIAL TO TRACKING UNDER-THE-RADAR SERIAL DEFECTS – CLIR
Asset owners must learn from a recent run of publicised turbine defects, and benchmark their assets at a portfolio level to overcome missing data around serial faults Vancouver, 28th October 2020 – Clir Renewables, the leading provider of performance assessment software for renewable energy, has today called on asset owners to benchmark the performance of… Read more »
Trelleborg Awarded Contract by Seaway 7 to provide NjordGuard Cable Protection to Vattenfall’s Hollandse Kust Zuid Offshore Wind Farm project in the Netherlands
Trelleborg’s applied technologies operation has been awarded a contract by Seaway 7, the renewables business unit of Subsea 7, to provide 281 NjordGuard cable protection systems for Vattenfall’s Hollandse Kust Zuid offshore wind farm project, located in the North Sea, Netherlands. These will protect the inner-array power cables for 140 monopile wind turbines, as well… Read more »
Global Offshore welcomes new cable carousel at the Port of Blyth
Global Offshore, a leading provider of cable installation, repair and trenching services to the offshore renewables, utilities and oil & gas markets, and part of the Global Marine Group, has installed a 2,000-tonne capacity power cable carousel at Port of Blyth’s Battleship Wharf terminal. The strategically located cable carousel, provided by Swan Hunter, offers Global… Read more »
Press release: Nordex Group wins order in USA for 240 MW
First order in the US for N155/4.X Delta4000 turbines The Nordex Group now also offers this turbine type with an increased rating of more than 5 MW: the N155/5.X Hamburg, 27 October 2020. The Nordex Group has won an order for a 240 MW wind farm in Texas, USA to be installed in 2021. The… Read more »
CSSC Marine Service adds injection control unit overhaul service
CSSC Marine Service Co (CMS), the worldwide equipment service subsidiary of China State Shipbuilding Corp (CSSC), has extended its range of services for WïnGD and RT-Flex two-stroke engines, with the introduction of an injection control unit (ICU) overhaul and testing service. The development marks the first time that OEM-authorised ICU overhaul and testing has been… Read more »
AAL DUBAI MARKS FIVE-YEAR ANNIVERSARY WITH LONG-TERM COMMITMENT TO MONTHLY MPP SAILINGS THROUGH MIDDLE EAST
Singapore, Tuesday, 27th October 2020 – October 2015 marked the official launch of the specialist heavy lift project cargo and breakbulk carrier AAL’s Middle East Hub Office in Dubai, United Arab Emirates (UAE). Today, despite one of the most challenging periods in the Middle East and North Africa (MENA)’s recent history – with oil price… Read more »
MANUFACTURE OF PHOTOVOLTAIC PRODUCTS IN EUROPE IS BECOMING MORE ATTRACTIVE
Pforzheim, October 27, 2020 – The rising demand for photovoltaics, technological innovations and decreasing costs are making the manufacture of photovoltaic products in Europe attractive. This trend is further boosted by the research and mechanical engineering expertise represented on the continent as well as problems with global supply chains induced by the coronavirus pandemic. Despite… Read more »
Deutsche Windtechnik has signed a major contract with windpunx to retrofit ADLS at several wind farms
After successfully completing the certification process for its transponder-based Aircraft Detection Light System (ADLS), the independent service provider Deutsche Windtechnik can now announce that it has signed its first major ADLS contract. windpunx GmbH & Co. KG has placed an order for the retrofitting of a large proportion of their managed wind turbines. The ADLS… Read more »
ASM INDUSTRIES STARTED PRODUCTION OF FRYSLAN OFFSHORE WIND TOWERS
ASM Industries started in September the fabrication of 42 offshore wind tower sections to Siemens Gamesa Renewable Energy (SGRE) for Fryslan Offshore Wind Farm. The project will be installed in Dutch waters and will be composed, in total, by 89 offshore turbines 4.3 T108.66. Fabrication activities are taking place at ASM Offshore, located in Aveiro… Read more »
First Harvest Navigation Selects Sea Machines to Launch U.S.’ Inaugural Autonomous Hybrid Cargo Vessel
Collaboration will Increase Supply Chain Performance While Reducing Roadway Congestion (Norwalk, CT; October 26, 2020) – Norwalk-based First Harvest Navigation, a marine transportation company that connects family farms to urban and suburban neighborhoods, has selected Boston-based Sea Machines’technology to launch the first autonomous hybrid cargo vessel in the U.S. Powered by Sea Machines’ SM300 autonomous command… Read more »
Scottish Renewables leads calls for net-zero to be at the heart of Britain’s regulatory framework
In open letter to regulator, CEO Claire Mack says: “The next five years will be crucial in our collective quest to tackle the climate emergency and we must all make sure we do everything we can to set us on the right pathway” Letter signed by network operators, trade bodies, supply chain and more Ofgem… Read more »
ZX Lidars excels at wind measurements in complex terrain
26 October 2020: Independent expert study on Remote Sensing Devices confirms ZX 300 wind Lidar accuracy in all classes of complex terrain The Consortium for the Advancement of Remote Sensing (CFARS) has released its survey of Remote Sensing Devices operating in complex flow including the WindCube (Leosphere, a Vaisala company), Triton Sonic Wind Profiler (Vaisala)… Read more »
Intelligent Water Treatment Solution
Water, as the source of life, is an essential key resource in human life. With the development of society, problems such as water shortage and water environmental pollution have become increasingly prominent. How to upgrade of traditional water resources management with newer, more efficient and smarter technologies, equipment and solutions is more important now. Micro… Read more »
Renewable energy SMEs celebrated as 2020 Scottish Renewable Energy Festival launches
Events to showcase work of small and medium enterprises in economy and climate change fight The 2020 Scottish Renewable Energy Festival launches today (October 26) with a focus on small businesses and the contribution they make to Scotland’s economy and climate targets. The Festival, now in its second year, provides an opportunity for businesses in… Read more »
The four seasons of vegetation risk
Climates vary from state to state, country to country, in differing degrees but all four seasons bring unique risks for T&D network operators trying to manage vegetation risk. The lightning strikes of summer storms coupled with the season’s tinder dry conditions heightens risk of wildfire, winter brings snow, with the additional weight on branches increasing… Read more »
Competition for flexible asset PPA deals on the rise
The capacity of non-traditional flexible generation technologies is increasing substantially in GB, and in parallel, the market for trading and optimising such assets continues to develop. Cornwall Insight’s latest research shows there is ~10.8GW* of operational flexible capacity across front-of-the-meter gas and diesel engines, battery storage, Open Cycle Gas Turbines (OCGTs) and Combined Heat and… Read more »