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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 »
More from across PES
The next generation of maintenance vessels for offshore wind turbines
KNUD E HANSEN continues to expand its portfolio of innovative designs and extensive experience in the offshore wind farm sector with a new wind turbine maintenance platform – The “Jack-up on Jack-up” concept. This four-legged jack-up vessel features a 15 m wide working platform, which can be elevated to the height of the nacelle, thus… Read more »
Full Circle signs a long-term contract to service four Enercon turbines at Tesco Distribution Centres in England and Wales
Full Circle has signed a new long-term O&M contract with British supermarket chain, Tesco. The contract covers full-scope maintenance and 24/7 remote monitoring of four Enercon E53 turbines situated next to the Tesco Distribution Centres in Daventry, England and Magor, Newport, Wales. The electricity generated by these turbines is designated to power the respective depots…. Read more »
DNV Introduces New Standard for Wind Turbine Loads and Site Conditions
The comprehensive DNV standard for wind turbine load calculations and site assessments offers industry stakeholders detailed design requirements and guidance for verification and certification activities. Oslo, Tuesday 03 September 2024 – DNV, the independent energy expert and assurance provider, announces a new comprehensive standard for wind turbine load calculations and site assessments, created to guide industry… Read more »
NZTC Clean Energy Start-up Accelerator Opens Applications With £500K Grant Funding Available
Net Zero Technology Centre (NZTC) opens applications for its 2025 TechX Start-up Accelerator cohort Up to £50,000 in grant funding available for each of the 10 selected start-ups Successful applicants to gain access to potential customers and opportunities to secure further investment The Net Zero Technology Centre (NZTC) has today [3 September 2024] opened… Read more »
ABP and Clarksons Port Services sign Memorandum of Understanding (MoU) to advance Lowestoft as key offshore energy hub with new Lowestoft Eastern Energy Facility
Associated British Ports (ABP), the UK’s largest port operator, and Clarksons Port Services (CPS), a global leader in shipping agency services, are pleased to announce the signing of a Memorandum of Understanding (MoU). This strategic agreement aims to explore an expanded partnership between the two companies at ABP’s new state-of-the-art Lowestoft Eastern Energy Facility (LEEF),… Read more »
TRESIOS crewing & careers” business unit continues as “MR. JAMES workforce & crewing
ROTTERDAM, 02-09-2024 – TRESIOS a project contractor for the energy & maritime industry who recently announced a repositioning focusing on “subsea construction services” and “marine services” is now taking the next step in their sharpened strategy. The “crewing & careers” business unit continues as “MR. JAMES workforce & crewing”. Separating the “crewing & careers” business… Read more »
Sineng Electric Obtains VDE Compliance Certificate for SN100(X)/110/125PT String Inverter
10 Years of ELA Container Offshore Special solutions for Accommodation in the Maritime Sector
Buss Terminal Eemshaven Completes Load-Out for Germany’s Largest Offshore Wind Park in the North Sea “He Dreiht”
ROBUST PERFORMANCE STANDARDS FOR HVDC TRANSMISSION SYSTEMS NEEDED FOR DEPLOYMENT SUCCESS – DNV STUDY
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