Press Releases
Nexans discloses its 2020 financial results, its new strategy as well as 2 main partnerships
On Wednesday, February 17, 2021, Nexans has disclosed its 2020 financial results. The company has successfully anchored its transformation by unlocking value and setting a strong financial footing across the Group. This relies, amongst other things, on a steady EBITDA performance and net income turnaround as well as an outperformance in ROCE and free cash… Read more »
Growing demand for WinGD’s market leading X72DF inspires launch of four new engine options
Marine engine and technology developer WinGD has updated its popular X72DF dual-fuel engine platform with an offer of four versions to provide ship design flexibility while helping owners reduce installed power and emissions. The X72DF is the best-selling engine in WinGD’s portfolio and accounted for every low-speed engine ordered for a newbuild LNG carrier in… Read more »
Wi-SUN Alliance global membership up 20% as demand grows for industrial IoT and smart city applications
Smart metering leader Hexing joins as new Promoter member and appointed to Wi-SUN Alliance Board Wi-SUN Alliance, a global ecosystem of member companies driving the proliferation of interoperable wireless solutions for use in smart cities and other IoT applications, has announced strong growth in its membership of industry-leading product vendors, service providers, utilities, municipalities, local… Read more »
Balancing Mechanism sees an annual increase in smaller participants
Research from Cornwall Insight shows that there has been a notable level of entry into the Balancing Mechanism (BM) from smaller providers across battery storage, gas reciprocating engines and aggregated units in the last year. The below graph presents the number of units active in the BM — defined as having had any volumes accepted… Read more »
SolarEdge Announces Fourth Quarter and Full Year 2020 Financial Results
FREMONT, Calif. — February 16, 2021. SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the fourth quarter and year ended December 31, 2020. Fourth Quarter 2020 Highlights Revenues of $358.1 million Revenues from solar products of $327.1 million GAAP gross margin of 30.8% Non-GAAP gross… Read more »
VESTAS TURNS TO NEXANS WINDLINK® CABLES TO ELECTRIFY THE FUTURE OF ITS ONSHORE WIND TURBINES
Two-year contract will see around one million Windlink cable kits installed inside Vestas turbines across the globe A local extended supply chain to match Vestas global footprint while reducing carbon impact A successful partnership for the development of the EnVentus platform thanks to the Nexans resident engineer program Paris, February 16, 2021 – Nexans… Read more »
deugro USA Appoints Jolie Cosman
Houston, Texas, USA, February 16, 2021 – deugro USA is bolstering the strong team in Houston, Texas and has appointed Jolie Cosman as Senior Business Development Manager, effective February 16, 2021. In her new role at deugro, Jolie Cosman will contribute her exceptional knowledge of logistics and her experience in the industry to the team…. Read more »
Australian renewables see wholesale prices buck January trends
In Australia, the month of January normally sees a spike in the average wholesale price. However, according to research from Cornwall Insight Australia, January bucked this historical trend with the price trending lower in the first month of 2021 across all states, building on the low-price outcomes in December 2020. The below graph shows this… Read more »
SolarEdge e-Mobility To Supply Electrical Powertrain and Battery Solution for Fiat E-Ducato
Herzliya, Israel and Umbertide, Italy (February 16, 2020) – SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy, announced today that the Company has been selected and will begin to supply full electrical powertrain units and batteries for the production of the Fiat E-Ducato light commercial vehicle. “We are excited to be a… Read more »
New win for Enspec – Twentyshilling Hill Wind Farm
Enspec to provide shunt reactor and harmonic filter for ambitious wind farm project 16th February 2020, St Helens, UK – Power quality engineering specialist, Enspec Power Limited, today announced that it has been awarded the contract for a 33kV, 3.35MVAr C-type harmonic filter and supply of a 33kV switched shunt reactor to Powersystems UK for… Read more »
