Category: Renewable News

Siemens Gamesa strengthens its partnership with Adani Green Energy with the supply of a 473 MW wind power project in India

This is one of the largest orders on record for Siemens Gamesa in India The company will install 215 SG 2.2-122 wind turbines which will be manufactured at its facilities in India The wind project will be developed in the state of Rajasthan and is expected to be commissioned by September 2021 Siemens Gamesa has… Read more »

Siemens Gamesa bolsters its service portfolio in North America by securing 184-MW, 10-year service deal for two Senvion project sites

Siemens Gamesa further expands its multibrand servicing footprint with the addition of two Senvion sites. Ten-year service agreements signed for combined 184-MW sites in North America. Siemens Gamesa Renewable Energy announces it has signed 10-year service agreements with an undisclosed customer at two sites in North America featuring Senvion MM92-2.05 turbines for a total of… Read more »

DNV GL served as Independent Engineer for the disposition of KKR’s 33.33% equity stake in Acciona Energía Internacional

Acciona Energía Internacional is a global portfolio of renewable energy assets totaling 2.5 GW Madrid, Spain, 17th August 2020 – DNV GL, the world’s largest resource of independent energy experts and certification body, carried out a vendor’s technical due diligence on behalf of Kohlberg Kravis Roberts & Co. Partners LLP (KKR) for divestment purposes from… Read more »

Chevron Marine Lubricants takes temperature of 2020 fuel switch

After over half a year of low-sulphur fuel operations for international shipping, Chevron Marine Lubricants has distilled its experiences of working with new fuels and lubricants into a new whitepaper published today. ‘Taking the Temperature of the 2020 fuel sulphur switch’ includes findings based on work with ship operators worldwide to manage the transition from… Read more »

Windfarm ‘stethoscope’ that can save $500m a year ready for export

ADELAIDE – A South Australian company which has developed a “stethoscope” for wind turbines that could save the energy industry $500 million a year globally is ready to begin commercial production at a global scale. The company will launch their second-generation Ping Monitor with an event at Stone & Chalk’s Lot Fourteen collaboration space, where… Read more »

Divergence in merchant value together with complementary wind and solar shapes creates new opportunities for hybrid projects

Research from Cornwall Insight Australia, examined the performance of wind and solar technologies against the time-of-day price shape, highlights a clear divergence in the merchant outlook for both technologies. This presents a real opportunity for collaborative and hybrid projects to maximise developers’ value. Key findings From FY19 to FY20, average prices between 7.30 AM-3 PM… Read more »

Jan De Nul installs first jacket foundations for TPC offshore wind farm installation

First jacket foundations touch ground in Taiwan Onshore connections are completed Jan De Nul Group is well on track in the construction of the ‘Taiwan Power Company Offshore Windfarm Phase 1 Project – Demonstration’. The very first jacket foundations have been installed in Taiwanese waters, approximately 10km off the coast of Fangyuan in Changhua County…. Read more »

Virtual Fronius Solar Fair

(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 »

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 »

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 »