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New report released today (Feb 18) by independent researchers at Imperial College London has found that just 4.5GW of new long duration pumped hydro storage with 90GWh of storage could save up to £690m per year in energy system costs by 2050.
Responding, Cara Dalziel, Policy Manager at Scottish Renewables, said: “Cost-effective electricity storage, at the correct scale, has the potential to neutralise one of the most popular criticisms of renewables: that they’re not generating when the sun isn’t shining or the wind isn’t blowing. “This report is a welcome analysis of the benefits of pumped storage hydropower… Read more »
Cornwall Insight tops FT’s management consultancy rankings for the third year
Cornwall Insight, an award-winning international firm delivering comprehensive insight that enables businesses, markets, and policymakers to succeed in the net zero transition, has been named one of the UK’s leading management consultancies by the Financial Times for the third consecutive year. Cornwall Insight was awarded bronze in the Energy, Utilities and Environment sector. Research company… Read more »
AAL COMMITS TO LONG-TERM MONTHLY TRAMP SAILINGS ON ITS ASIA – AMERICAS TRADE ROUTE AMID GROWING OPTIMISM FOR TRADE VOLUMES
Singapore, Thursday 18th February 2021 – AAL Shipping (AAL) is capitalising on the frequency of sailings it has operated in the past 12 months between Asia and the Americas, to commit tonnage and resources to strengthening the trade lane going forward into 2021. With the recent experience of carrying a much broader portfolio of cargoes into… Read more »
Polysilicon Imports into China Drop Sharply
China imported significantly less polysilicon, the feedstock for solar cells, in 2020. According to Chinese customs statistics, polysilicon imports slumped by 30% from 144,503 metric tons (MT) in 2019 to 100,776 MT in 2020. “Although South Korea still exported sizeable volumes from inventories to China throughout the year, the shutdown of a production capacity of… Read more »
Framo to own 50 percent of aquaculture project Stadion Basin
The world-leading pump manufacturer, Framo, has invested to become joint partner with fish farming company Lingalaks in the company StadionLaks. The two companies aim to collaborate on the development of the Stadion Basin innovation project, a closed, floating production system for salmon, scheduled for completion in 2023. “The objective with the Stadion Basin is to… Read more »
New digital system map to harness the power of data to deliver net zero
Britain’s electricity and gas network operators have joined together to launch a ground-breaking proof-of-concept project that uses the power of data to support a more efficient pathway to Net Zero. Building on the recommendations of the UK government’s Energy Data Taskforce, Energy Networks Association (ENA) is working with Ordnance Survey (OS) and 1Spatial to build… Read more »
Tigo Announces Crossing the Threshold of 75 GWh of Cumulative Reclaimed Energy
Performance improvement demonstrated in over 18,000 installations for Installers like Project Solar UK February 17, 2021, Campbell CA – Tigo Energy, Inc., the solar industry worldwide leader in Flex MLPE (Module Level Power Electronics), announced today that the company has surpassed 75 GWh of Reclaimed Energy since 2009 for worldwide installations utilizing the company’s industry-leading… Read more »
DEME Offshore awarded Transport & Installation contract for Hollandse Kust (noord) and (west Alpha) offshore substations
DEME Offshore has been awarded a contract for the Transport & Installation of the jackets and topsides for two Hollandse Kust offshore substations. DEME Offshore will also supply and install scour protection for both substations, which will be installed at the Hollandse Kust (noord) and (west Alpha) wind farms. The contract (1) has been awarded… Read more »
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 »
More from across PES
Hendrik Veder Group UK Amplifies Partnership with Lift-Tex
To help businesses streamline heavy lifting operations with safer, more efficient, and cost-effective solutions, Hendrik Veder Group UK has strengthened its strategic alliance with Lift-Tex®. This partnership will ensure that industries reliant on heavy lifting across the UK, including maritime, shipping, construction, oil and gas, and renewables, will gain direct access to the Lift-Tex® advanced… Read more »
RIMINI (ITALY), KEY 2025: +20% TOTAL ATTENDANCE, + 40% FOREIGN ATTENDANCE, RECORD SIZE AND PARTICIPATION.
· The third stand-alone edition of Italian Exhibition Group’s event on energy transition and efficiency has come to a close at Rimini Expo Centre · The threshold of 1,000 exhibitors, over 30% international, was exceeded. 350 hosted buyers and delegations from over 50 countries were involved · Three intense days of business, networking and dialogue to speed up… Read more »
German Offshore Wind Energy Association confirms Managing Director Stefan Thimm
Berlin, 07.03.2025. The general meeting of the German Offshore Wind Energy Association (BWO) has appointed Stefan Thimm as Managing Director of the association for a further five years. The association is thus focusing on continuity and strategic development in a decisive phase of the energy transition. “Stefan Thimm has managed the BWO’s office with great… Read more »
KOSTAL & enwitec: Innovative Partnership Impresses Users and Installers
The close collaboration between enwitec and KOSTAL demonstrates how technical innovation and partnership can go hand in hand. Since the introduction of the enwitec Backup Box for KOSTAL inverters – PLENTICORE G3, both users and installers have benefited from a reliable and flexible energy supply solution. A Partnership That Sets Standards The Backup Box was… Read more »
17 innovative companies selected for offshore wind readiness programme
The latest cohort of ambitious UK businesses targeting success in the burgeoning UK offshore wind sector has been announced as they join the national Fit 4 Offshore Renewables (F4OR) programme, delivered by the Offshore Renewable Energy (ORE) Catapult and sponsored by the Offshore Wind Growth Partnership (OWGP). This is the second nationally based cohort chosen… Read more »
Modvion unveils wooden wind turbine tower for the largest onshore turbines
The wood technology company Modvion is now announcing its new wooden wind turbine tower, engineered for the largest onshore wind turbines. The tower has been given third party approval and will now be adapted for series production. The new tower is designed to support a V162 – 6.4MW turbine from the Vestas Enventus platform with 35… Read more »
JinkoSolar Ranked as the Most Bankable Solar Module Company in BloombergNEF’s 2024 PV Module Bankability Survey
Tadek Ocean Engineering targets Offshore Wind following office expansion and 300th project
Renewable America Achieves Commercial Operation for Low-Income Community Solar Project
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