Consolidated sales increase to around EUR 3.3 billion EBITDA margin reaches 3.8 percent Working capital ratio improves further to minus 9.1 percent Order intake in 2019 up 31 percent to 6.2 GW Hamburg, 9 March 2020. The Nordex Group (ISIN: DE000A0D6554) today presented its preliminary figures for the 2019 financial year and confirmed its guidance…. Read more »
Neste, the world’s leading provider of renewable diesel and sustainable aviation fuel, and an expert in delivering drop-in renewable chemical solutions, has acquired a minority stake in the German cleantech company Sunfire GmbH. Sunfire is a leading developer of high-temperature electrolysis technology. The company’s patented technology allows the production of renewable hydrogen as well as… Read more »
Azelio has completed the installation of its renewable energy storage with 24h clean power production at Noor Ouarzazate solar complex in Morocco. An inauguration ceremony was held on March 5, 2020 together with the Moroccan Agency for Sustainable Energy (Masen) and invited prominent guests. A well-attended inauguration ceremony of Azelio’s renewable energy storage took… Read more »
Mammoet was contracted by Siemens Gamesa to transport three 94m long blades from the storage area at the Siemens Gamesa factory in Aalborg, Denmark, to the nearby quayside. The wind blades are destined for a new prototype wind turbine that Siemens Gamesa will be testing. With their extensive knowledge of the equipment’s applications, Mammoet developed… Read more »
2019 marked a transformational year for the global energy storage market March 5, 2020 – Boulder, Colo. – A new report from Navigant Research provides a database of global energy storage projects along with a regional analysis of technology choice, capacity, and market share for deployed projects and projects in the pipeline. Regulatory policy, government… Read more »
Kolitzheim (Germany) / Be`er Sheva (Israel) – BELECTRIC, a German based company, is further increasing its footprint in Israel’s growing solar industry by completing a Floating PV project on behalf of Nofar Energies. BELECTRIC’s Israeli subsidiary carried out the construction and commissioning work for the 480 KWp plant, which is located in the northern region… Read more »
In an important step in the modernisation of the Norwegian shelf operations, Aker BP and Framo have entered a long-term maintenance contract for seawater lift pumps where compensation is directly linked to facility uptime, effective from 5 March. In 2018, the two companies with technology company Cognite, embarked upon a digital pilot project for predictive… Read more »
Windcube Insights is the first out-of-the-box software solution to leverage lidar and turbine data for cost-efficient power performance testing. Leosphere, a Vaisala company that specializes in developing, manufacturing, and servicing turnkey wind lidar (light detection and ranging) instruments for wind energy, aviation, meteorology, and air quality, today announced the launch of Windcube Insights at Wind… Read more »
Ørsted conditionally selects Siemens Gamesa to supply 900 MW Borkum Riffgrund 3 and 242 MW Gode Wind 3 offshore wind power plants in the German North Sea SG 11.0-200 DD offshore wind turbine to be employed featuring rotor with 200-meter diameter and new B97 blades Approx 1.2 million German households to be served by projects;… Read more »
By 2021, Axpo’s subsidiary Urbasolar will build three solar plants in France to produce solar power for the Paris airports. The plants will cover around 10 percent of the electricity needed by the airports Charles de Gaulle, Orly and Le Bourget. The three plants will be located in the French departments of Gard, Var and… Read more »
Miami FL, New York, NY, March 3, 2020 –Atlas Renewable Energy, and DNB Markets today announced the issuance of a USD253m US private placement (“USPP”) in Green Bond format. The notes were rated investment grade (BBB-) by Fitch Rating (including the construction period of one of the projects) and were issued by subsidiaries of Atlas… Read more »
The proliferation of consumer Internet of Things and cloud-based services is creating a technological revolution for the home security industry March 3, 2019 – Boulder, Colo. – A new report from Navigant Research examines the global market for home security and automation solutions, providing global market forecasts quantifying shipments and revenue, through 2028. The professional… Read more »
Fabrice Leveque, Senior Policy Manager at Scottish Renewables, said: “This draft Bill is a crucial step on the road to net-zero climate emissions for Scotland. Its implementation will make it easier to build heat networks in our city centres, delivering renewable heat from the air, ground and sewers directly to homes and offices via a… Read more »
Abloy UK is continuing to expand its team of experts within its Critical Infrastructure (CI) division. The appointments include positions for Phil Rice, Rick Menlove and Simon Jeff as CNI Market Development Managers in transport, energy and the water sector, respectively. All three individuals join Abloy as it undergoes an exciting digital transformation, providing new… Read more »
New SDC Energy fund lowers taxes, reduces emissions and supports nonprofits San Jose, Calif. – Mar. 3, 2020. SDC Energy, a bespoke investment firm specializing in renewable investments, launches the SDSF Solar Fund IV for private investors, family offices, and financial advisors seeking to invest smart for good. The fund leverages solar incentives to offset… Read more »
· The eight power plants with a combined installed capacity of 5.4 MWp expand Photon Energy’s installed base in Hungary to 31.5 MWp and the Group’s global proprietary portfolio to 57.1 MWp · The power plants are located in Tata in the Northwest of Hungary and are projected to generate 7.35 GWh of electricity annually… Read more »
Hamburg, 3 March 2020. The Nordex Group has received an order from Turkey to supply and install 27 N149/4.0-4.5 turbines. The customer for the 120 MW “Evrencik” wind farm is Evrencik Elektrik, a long-standing customer of the Nordex Group. The contract also includes a Premium Service agreement with a term of 15 years. Installation of… Read more »
Høvik, Norway, 03 March 2020: Kjetil M. Ebbesberg is appointed as new Group CFO in DNV GL and will succeed Thomas Vogth-Eriksen, who will become Director, Certification Division in DNV GL – Business Assurance. Mr. Ebbesberg will join DNV GL on 1 April 2020 and take up the Group CFO position as of 1 July… Read more »
The first of two offshore substations for the SeaMade offshore wind farm left the construction yard in Hoboken for its final destination in the Belgian North Sea. The 1,200 tonne substation has four decks, is 14 metres high and has an output capacity of 235 MW. With a 487 MW capacity SeaMade is the largest… Read more »
Womble Bond Dickinson (WBD)’s early-stage company support offering, WBD Accelerate, has worked with Vero Power, a Distributed Energy Service Company (DESCO) with offices in the UK and Zambia creating profitable rural electrification projects, supporting its growth and expansion plans. Vero Power provides affordable, reliable, and accessible electricity services to rural communities across Zambia with a… Read more »
UK Government announcement ‘will give our onshore wind sector the confidence it needs to begin to build out again across the UK’ Government support ‘does not mean subsidy’, says Scottish Renewables CEO Scotland’s lead in onshore wind power will be cemented as the UK Government today (March 2) announces new wind farms will be able… Read more »
The high Altman-Z score underlines LONGi’s strong financial health and proven bankability 2nd March 2020 – Xi ́an (CHINA). BloombergNEF, a leading provider of global PV business dynamics and financial information, released the “1Q 2020 Global PV Market Outlook” on February 19, 2020. LONGi, the world’s leading solar module manufacturer, was rated with the highest… Read more »
Spanish IPP adopts versatile datahub as it scales up its post-subsidy renewables portfolio Madrid, 28th February – Forestalia, an independent power producer (IPP) of renewable energy, has selected Greenbyte’s monitoring platform to support the growth of its renewable energy portfolio in Spain – currently exceeding 6GW. A technology-agnostic ‘datahub’ able to evolve over time, Greenbyte will… Read more »
Below average solar irradiance between 2017-19 has a prolonged impact on solar project performance and returns – up to 10% in some regions US solar sector missing opportunities to reduce financial risk by improving standard of data throughout development and operations Toronto, 2 March – Widespread shortfalls in solar irradiance across North America between 2017… Read more »
Jumbo has been awarded a contract to support DEME Offshore in its scope of work on Ørsted’s Hornsea Two offshore wind farm. Jumbo’s scope of work in the project is the provision of transportation for 165 monopiles from Rostock to Eemshaven and 135 transition pieces from Aalborg to Eemshaven with a K3000 class vessel. In… Read more »
Researchers from the University of Aberdeen have discovered a new family of chemical compounds that could revolutionise fuel cell technology and help reduce global carbon emissions. Described as the equivalent of discovering “a needle in a haystack”, the chemical compounds – collectively known as hexagonal perovskites – could be the key to unlocking the potential… Read more »
FIMER is now present in 26 countries with over 1100 employees and one of the largest portfolios of products and marketing channels Strong presence on a global scale, from Latin America to North America, Europe, Africa, Asia-Pacific and Middle East 3 manufacturing plants, 2 in Italy and 1 in India Continuous investment in R&D to… Read more »
Alfa Laval PureBallast 3 has become one of the first non-Chinese ballast water treatment solutions to be type approved by the China Classification Society. With the Chinese type approval in hand, PureBallast 3 systems can now be installed on vessels that carry the Chinese flag. The type approval certificate for PureBallast 3 was issued by… Read more »
G2 Ocean has appointed Sim Keat Lim as new VP Pacific. As of March 2, he will responsible for leading G2 Ocean’s Pacific trades and further expanding the company’s reach of services in Asia. As part of G2 Ocean’s strategy for 2020 to 2024, the company is looking to expand into new markets in Africa… Read more »
China’s top solar manufacturer – has been assigned AAA-Rated status (the highest grade awarded) by the market research division of leading London-based PV-Tech, in the latest Q1 2020 release of the PV ModuleTech Bankability Ratings. LONGi is the first module supplier to achieve AAA rating. The PV ModuleTech Bankability Ratings system uses a proprietary analytical… Read more »
The global photovoltaics market is expected to grow by 14 percent this year, reaching a total 142 gigawatts (GW) of newly installed capacity, according to a forecast published by IHS Markit in January 2020. The report predicts that 43 countries will have an installed PV capacity of more than one GW by the end of… Read more »
Navigant Research Report Shows Pairing Wind with Energy Storage Is Critical for Renewable Energy Future Wind plus storage projects offer similar benefits as solar plus storage projects but are far less established A new report from Navigant Research examines the use of energy storage for wind integration, covering existing and upcoming projects, the competitive landscape, and expected… Read more »
Renewable energy sources, especially wind power, are becoming increasingly important in delivering the total electrical demand of the UK. Many of the early, large-scale wind farms have been in operation for well over a decade and owners are keen to find dependable maintenance partners to ensure continued reliability of the equipment. For one installation in… Read more »
Killingholme based Fussey Engineering have been hired to supply and install steel framework and cladding at the National Grid 400kV substation site adjacent to the Ørsted’s newest offshore wind farm, Hornsea Two. The steelworks, which will involve the construction of an annex building adjoining the National Grid substation, includes around 30 tonnes of locally sourced… Read more »
Hamburg, February 25, 2020. The Nordex Group has received a large order for building a wind farm with turbines from the Delta4000 generation in Chile. The 156 MW wind farm will comprise 33 N149/4.0-4.5 turbines. In addition to this, the customer has opted for the Premium Service for a period of 15 years. The wind… Read more »
Kensa Contracting and Together Housing are delighted to announce that they have been shortlisted for the H&V News ‘Renewable Project of the Year’ Award for their multi-site renewable heating upgrade programme in social housing across Yorkshire and Lancashire. Now in their 26th year, the prestigious H&V News Awards are an annual celebration of excellence, forward… Read more »