Press Releases
RES to acquire Ingeteam’s renewable services division – £30bn AuM upon completion
London, 1 August 2023 – RES, the world’s largest independent renewable energy company, today announces it will acquire Ingeteam’s Renewable Service division. This announcement follows the signing of a Sale and Purchase Agreement (SPA) between both parties. Upon completion, RES will have £30bn (€35bn) of assets under management, making it the largest renewable energy support… Read more »
Leeward Renewable Energy and Nextracker Expand Strategic Partnership with 3-Year Volume Commitment Agreement for 3 GW
Dallas and Fremont, California, 1 August, 2023 – Leeward Renewable Energy (LRE), a high-growth renewable energy developer and independent power producer, and Nextracker (Nasdaq: NXT), a global market leader in utility-scale solar tracker and software optimization technology, today announced that they have signed a Volume Commitment Agreement (VCA) to deliver three gigawatts (GW) of Nextracker’s… Read more »
SolarEdge Announces Second Quarter 2023 Financial Results
MILPITAS, Calif. — August 1, 2023. SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights Record revenues of $991.3 million Record revenues from solar segment of $947.4 million GAAP gross margin of 32.0% Non-GAAP gross… Read more »
Onshore industry demonstrates technological performability at Husum trade fair
The wind onshore market in Germany is developing dynamically. At HUSUM WIND, the industry demonstrates its performability to contribute to achieving the national targets. Onshore trends at the fair also include repowering, recycling and asset management. HUSUM | 02 August 2023. According to the recently published semi-annual figures and wind power expansion report of the… Read more »
A Helpful Guide on How to Break into the UK’s Renewable Energy Sector
The renewable sector is an ever-growing industry in all pockets of the world – which means it needs an increasing number of employees. With additional support from experienced staff, the industry can expect to enjoy further success. The amount of renewable capacity added across 2021 to 2026 is expected to be 50 per cent higher… Read more »
Daniel Gaefke to join Group Management Board as BayWa r.e. plans to triple capacity of wind and solar project development
Bangkok, 03 August 2023: BayWa r.e. is appointing Daniel Gaefke to its Group Management Board as the business continues to focus on the expansion of its global Wind and Solar Projects business. Currently Director of Projects APAC, Daniel will join CEO Matthias Taft, CFO Mihaela Seidl and COO Guenter Haug on the Board. As the… Read more »
TSUN’s Gen3 Microinverters Obtain Italy CEI 0-21 Certification: Advancing in the Growing Italian PV Market
Recently, TSUN’s Gen3 series microinverters successfully obtained the Italy CEI 0-21 certification after undergoing strict verification process by the internationally renowned certification body, TÜV NORD. This marks another significant milestone to the Gen3 series microinverters, following the certifications received from Austria, Poland, and the United Kingdom. In recent years, the renewable energy generation market in… Read more »
Osbit significantly expands team to drive project growth
Global demand for offshore wind farms drive significant Osbit growth Leading North East England engineering company Osbit Ltd has recruited 26 new employees to support its offshore wind projects. The company, which develops large-scale equipment used to construct offshore wind farms, has taken on new employees across the business. The intake consists of 11 Osbit… Read more »
NAVANTIA SEANERGIES SIGNS PARTNERSHIP AGREEMENT WITH KOREA’S SeAH TO STRENGH THE COLLABORATION AND EXPLORE TOGETHER ON OFFSHORE WIND DEVELOPMENT IN ASIA
Madrid, August 1, 2023.- Navantia Seanergies and SeAH have signed a collaboration agreement for the development of offshore wind energy in countries on the Asian continent, with a special focus on the Republic of Korea, one of the most ambitious states in its geographical area and on the American west coast. The Ministry of Economy,… Read more »
Kansai Electric Power joins Saitec Offshore’s DemoSATH Project as strategic partner and co-investor
Bilbao, 1 August 2023.- The Japanese utility Kansai Electric Power Corporation (KEPCO) has signed an agreement with Saitec Offshore Technologies, joining the DemoSATH project as a strategic partner and co-investor. KEPCO’s involvement further strengthens the project’s foundation and accelerates its progress. Drawing on its extensive experience and expertise in the energy sector, KEPCO is set… Read more »
