(Wels, 13.08.20) On 16th of September 2020, solar expert, Fronius will be launching its own virtual solar fair for the first time, devoted to 24 hours of sun. “We want to show visitors to the fair our latest developments and guide them through our wide range of solutions,” says Martin Hackl, Global Director Solar Energy,… Read more »
Category: Press Releases
DNV GL acts as Lenders’ Technical Advisor for financing the largest wind farm in Spain
The Gecama wind farm will provide clean energy to approximately 260,000 Spanish households Madrid, Spain 13th August 2020 – DNV GL, the world’s largest resource of independent energy experts and certification body, successfully completed a technical due diligence on behalf of Banco de Sabadell S.A. and Bankia S.A for financing the construction of the Gecama… Read more »
Meyer Burger Technology Ltd: Half Year Results 2020
Transformation of the business model from machine supplier to vertically integrated cell and module manufacturer Capital increase successfully completed with gross proceeds of CHF 165 million Cash inflow of approximately CHF 24 million from the sale of Muegge GmbH and book profit of approximately CHF 4 million Net revenues of CHF 51.0 million (H1 2019… Read more »
GREENBYTE GIVES GLENNMONT PARTNERS TECHNICAL TRANSPARENCY ACROSS ITS EUROPEAN CLEAN ENERGY PORTFOLIO
European fund manager adopts technology agnostic software to provide essential oversight of portfolio performance for its investors Gothenburg, 11th August – Glennmont Partners (Glennmont), one of Europe’s largest pure renewables fund managers, has adopted Greenbyte’s monitoring platform to oversee the technical performance of its dynamic European wind and solar portfolio. Greenbyte will be fully integrated… Read more »
Siemens Energy delivers technology for seventh offshore wind farm connection in the North Sea
Low-loss transmission of wind energy for 1.1 million households Further contribution toward decarbonizing energy supplies Siemens Energy is supplying the high-voltage direct-current (HVDC) power transmission technology for a further offshore connection in the German North Sea. A corresponding contract was just signed by the German-Dutch network operator TenneT and the BorWin5 Offshore Consortium, consisting of… Read more »
Photon Energy Reports 11.9% Revenue Growth in Q2 2020
· YoY revenues up by 11.9% to EUR 8.882 million in Q2 2020 due to outstanding power production, O&M services in Europe and EPC business in Australia, boosting EBITDA by 14.8% to EUR 4.035 million · The Company has passed the 60 MWp mark for its proprietary portfolio and started construction on projects with a… Read more »
Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19
Sales double to EUR 2.0 billion in first half of the year COVID-19 impacts earnings: EBITDA of EUR -70.8 million Installations rise significantly to 2.3 gigawatts Syndicated loan from guarantee program to protect Nordex from the effects of COVID-19 Refinancing of promissory note secured ahead of schedule Sale of European project development business agreed Hamburg,… Read more »
D. E. Shaw Renewable Investments Upgrades Solar Fleet with Nextracker’s TrueCapture Smart Control System and NX Navigator
Machine Learning Software Optimizes Solar Plants for Proven Financial, Performance Gains FREMONT, Calif. USA, August 12, 2020 — Nextracker™, a Flex company, announced today that D. E. Shaw Renewable Investments (DESRI) will be upgrading its entire solar fleet that uses Nextracker’s smart solar trackers with TrueCapture™ energy enhancement and NX Navigator™ monitoring software. Through machine learning and real-time data analytics, Nextracker… Read more »
Guidehouse Insights Report Shows AI-Based Solutions for T&D Network Management Are Expected to Experience a 14% Compound Annual Growth Rate from 2020-2029
AI technology is anticipated to have profound implications for the operation of electric transmission and distribution networks August 12, 2020 – Boulder, Colo. – A new report from Guidehouse Insights examines the current landscape for artificial intelligence (AI) technology solutions for electric transmission and distribution (T&D) network management, providing global market forecasts by region and… Read more »
SMA America Showcases Utility Storage Solutions at Virtual ESA Conference & Expo
Solar Leader Empowers Attendees with Access to Integrated Storage Experts and Resources ROCKLIN, Calif. – August 11, 2020 – SMA Solar Technology is pleased to join industry leaders at the ESA Energy Storage Annual Virtual Conference & Expo hosted online August 24–27, 2020. As energy storage continues to gain market share in the United States,… Read more »
BYD and Fronius Solar Energy announce compatibility of the flexible storage system Battery-Box Premium with Fronius inverter lines
Shenzhen/Munich, August 12, 2020 – BYD Co. Ltd., one of the world’s largest manufacturers of rechargeable batteries, announces the compatibility of the energy storage system Battery-Box Premium HVM with the Symo Hybrid inverter series by Austrian Solar energy expert Fronius Solar Energy. The compatibility of the Battery-Box Premium HVS & HVM lines with Fronius Symo… Read more »
BlueSATH, Saitec’s first floating wind installation in continental Spain
Santander, 11 August 2020.- BlueSATH floating wind platform has been installed and commissioned in its final deployment site in El Abra del Sardinero (Santander, Spain). The Spanish engineering company Saitec Offshore Technologies has set off towing operation from Astander’s Dock Pontejos, where it was tied up for its set-up, towards its destination 800 meters away… Read more »
ArcVera’s Wind Turbine Power Performance Testing Services receive A2LA Accreditation
ArcVera Renewables, a leading international provider of consulting and technical services for wind, solar, and storage projects, has received continued accreditation under recognized International Standard ISO/IEC 17025:2017 from the American Association for Laboratory Accreditation (A2LA) for ArcVera’s wind turbine power performance testing (PPT) services (Certificate Number 5339.01). A2LA is one of the largest accreditation bodies… Read more »
DNV GL defines renewable energy solutions to accelerate the energy transition and limit global warming
Arnhem, The Netherlands – 11th August 2020 – DNV GL today published a new report outlining how the energy transition can be accelerated through the rapid uptake of renewable energy to limit global warming to 1.5°C. Global experts from across technology, policy, markets and financial disciplines, as well as industry leaders including RES, Equinor and… Read more »
New Record Efficiency for Tandem Solar Cell Technology
In the field of photovoltaics, intensive research is being carried out to continually improve solar cell efficiency. Increasingly, the focus is on tandem photovoltaics, in which high-performance solar cell materials are brought together in various combinations in order to use the solar spectrum even more efficiently when converting light into electrical energy. Fraunhofer ISE is… Read more »
SMD Secures New Contract To Supply ROV To Petrovietnam Subsidiary
Soil Machine Dynamics Limited (SMD) has won a multi-million-dollar contract to supply a Quasar II, medium-sized work class ROV to PTSC GEOS & SUBSEA SERVICES CO., LTD., (PTSC G&S), a subsidiary of Petrovietnam Technical Services Corporation (PTSC). The Quasar is the second of its kind to be ordered by PTSC G&S, nearly a decade after… Read more »
Report commissioned by the NI government assesses the future of renewables in Northern Ireland
A Cornwall Insight and Ionic Consulting report that was commissioned by The Department for the Economy NI was published by the department last week. The report – Future of Renewables in Northern Ireland – provided an assessment of the current state of renewables in Northern Ireland as well as modelling for future renewable scenarios. The… Read more »
Brand New German Website Now Relaunched
The new German official website of Micro Sensor is online now! This change has also accelerated the business layout of Micro Sensor in the German and European markets. By visiting https://de.microsensorcorp.com, customers can enjoy a brand-new browsing experience, content layout, visual expression, and more localized content and services. We will provide more excellent products, excellent services… Read more »
New report sets out renewables’ contribution to rural Scotland
Scottish Renewables’ Annual Conference to be held online for first time (Sept 1-3) Speakers from Ofgem, Committee on Climate Change, Scottish Government and National Grid ESO all confirmed – plus many more The green economic recovery from coronavirus and Scotland’s net-zero target will be at the heart of discussions at Scottish Renewables’ Annual Conference in… Read more »
Malin plans for Scottish shipbuilding revival with zero emissions prototype
Malin Newbuild, a Scottish marine engineering company, is partnering in a groundbreaking project to lessen shipping’s environmental impact. Part of the Malin Group, and specialising in delivering complicated multidisciplinary design and build projects, the company is aiming to demonstrate that a vessel fuelled by renewable energy can lead to a revival of civil shipbuilding in Glasgow, Scotland’s largest city. The alternative technology, known… Read more »
Meyer Burger divests manufacturer for microwave and plasma systems Muegge GmbH
Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) announces today the sale of its microwave and plasma technology company Muegge GmbH, headquartered in Reichelsheim (GE), to the direct investment company HQ Equita. HQ Equita will acquire all of Muegge GmbH’s business divisions including its subsidiary Gerling Applied Engineering Inc. based in Modesto CA, USA, as… Read more »
CWind Taiwan team up with HYTOR on temporary power in Taiwan
Taipei, 10th August 2020. CWind Taiwan, a joint venture between European firm CWind and Taiwanese IOVTEC, has announced a strategic alliance with HYTOR to bring temporary power solutions to the Taiwanese offshore wind farm market. Working in collaboration with HYTOR Tools Solutions, a preferred supplier of offshore generators for the wind turbine industry over several… Read more »
Studer presents the new generation of smart inverter- chargers, NEXT
In an online keynote, Studer has unveiled the details of the new range of smart inverter-chargers that will be launched in the market in the following months. The next3, an all-in-one 3-phase inverter-charger with 2 built-in solar high voltage MPPT inputs, and the next1, a range of single- phase low frequency inverter-charger, will complete the… Read more »
Cornwall Insight comments on Ofgem’s price cap announcement
Commenting on Ofgem’s announcement of the default price cap falling by 7% to £1,042 per year for the six months effective from 1 October 2020, Robert Buckley, Head of Relationship Development at Cornwall Insight, said: “This is a dramatic reduction and sees the price cap fall to its lowest level since its introduction. However, there is little surprise… Read more »
Jan De Nul signs contract with Dogger Bank Wind Farm
Dogger Bank Wind Farm and Jan De Nul Group announce the signing of the final contract for the transport and installation of the GE Haliade-X offshore wind turbines at Dogger Bank A and Dogger Bank B, 130 km off the Yorkshire coast, starting in 2023. Turbine delivery and installation at the first two phases of… Read more »
Nordex Group receives revolving syndicated loan of EUR 350 million
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 to acquire Geli, expanding its offerings in integrated energy storage solutions
− 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 has been appointed production partner for Wallyby Boats GmbH.
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 »
Enel X Energy Storage Modelling Tool sets industry standard for storage optimization, DNV GL finds
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 »
SunSpec Partners with UC San Diego on Solar PV Rapid Shutdown Course
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 »
3D-Micromac receives order from LWD Solar for a microCELL™ TLS half-cell laser system
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 »
BP to move heavily in acquisitions & divestments to deliver new strategy, says GlobalData
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 »
SolarEdge Announces Second Quarter 2020 Financial Results
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 »
Natural Power advises Crédit Mutuel Equity in aventron deal
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 FES hydrogen focus could boost offshore wind deployment
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 partners with VIM Energy to offer turnkey solar and wind resource assessment campaigns in Latin America
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 »