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Innova completes sale of solar rooftop portfolio to Octopus Renewables
Innova Energy (“Innova”), a private equity-backed solar energy company, managed by Innova Capital, has completed the sale of its commercial rooftop solar portfolio to an investment vehicle managed by Octopus Renewables (“Project Astrid”). The portfolio comprises 57 rooftop-mounted solar PV assets in the UK, all of which benefit from Feed-in-Tariff government subsidy. Project Astrid represents… Read more »
SINGULUS TECHNOLOGIES Receives Order for New Pilot Machine for Production of CIGS Solar Modules
The SINGULUS TECHNOLOGIES AG (SINGULUS TECHNOLOGIES) receives an order for the delivery of a pilot machine of the next generation for selenization machines of the CISARIS CX3 type. After the success of the development work with the process modules delivered in 2020, the commissioning of the CISARIS CX3 is planned for a pilot production in… Read more »
Energy bills to rise by at least £139 for millions as Ofgem price cap increases.
Ofgem has announced today that from October 2021 the price cap will rise 12%, principally as global economies recover from the COVID-19 crisis. When wholesale prices fell sharply last year in the wake of the first lockdown, the level of the price cap fell by £84 in October to its lowest level yet for the current winter period. Demand for energy has since recovered which has pushed wholesale prices back… Read more »
Price cap rising to the highest level with further rises on the horizon
Commenting on today’s Ofgem announcement that the default price cap would increase by £139 to £1,277 for the six months effective from 1 October 2021 for a typical domestic customer, Craig Lowrey, Senior Consultant at Cornwall Insight,said: “Despite serving as a means by which to curtail cost increases, the price cap has seen a large… Read more »
Jan De Nul sells its Jack-Up Installation Vessel Taillevent
With next generation offshore wind farms almost upon us, Jan De Nul Group is selling the Jack-Up Installation Vessel Taillevent. The sale includes the vessel only, with the crew deployed to other Jan De Nul vessels. The decision to sell is a result of the rapid change in future offshore wind component sizes, requiring larger… Read more »
Modulift Add New Product to Their Portfolio
Due to demand in the lifting industry for more innovative products to make rigging quicker, safer and more efficient. Modulift, a technical expert and manufacturer in the lifting industry, based in the UK have added a new product to its portfolio that is compatible with their full modular spreader beam range. The clevis drop link… Read more »
Motion control engineering partnership in the Covid crisis and beyond
Throughout the Covid-19 pandemic, OEMs have been challenged to provide solutions from design adaptions through to completely new machines. Particularly in the medical field, many of these machines rely on high accuracy, meaning high demand on servo system design. In addition to providing a precision motion control capability, reliance on holistic engineering partnerships have been… Read more »
TWO MILLION VOLT SPARKS SCOTTISH TIDAL ENERGY SCALE UP
TIDAL energy leader Nova Innovation has been awarded a £2 million cash injection from the Scottish Government to advance tidal turbine manufacturing to a global level. The funding, delivered through Scottish Enterprise, is directed at Nova’s VOLT (VOlume Manufacturing and Logistics for Tidal Energy) project that will develop the first European assembly line to mass… Read more »
Swedish Twin Peaks 242 MW project to deploy Siemens Gamesa 5.X platform
Siemens Gamesa will supply 39 of its SG 5.8-170 turbines; 25 at the Ranasjö site and 14 at the Salsjö, the ‘twin peaks’. The turbines will have a nominal capacity of 6.2 MW The deal is enabled through developer Arise and end-investor funds being managed by InfraRed Capital Partners including TRIG The contract also includes… Read more »
Rapidly expanding battery start-up, Nyobolt, hires ex-Innovate UK specialist
Nyobolt, the original founders of ultra-fast charge, high-power lithium-ion battery technology, has appointed ex-Innovate UK battery sector specialist Anna Wise to bolster its rapidly growing, highly experienced team, and to spearhead its go to market strategy. Her appointment comes a few weeks after the company announced its partnership with Williams Advanced Engineering (WAE) to support… Read more »
More from across PES
Offshore wind cable protection database to improve understanding of environmental impacts
A database of hard protection from offshore wind cable burial is being developed by marine consultancy and survey company ABPmer on behalf of the Marine Management Organisation (MMO). The database aims to support more accurate cumulative effects assessments including improving understanding of the distribution of hard protection in marine protected areas (MPAs) designated to protect… Read more »
ENAPI Secures €7.5M Seed Funding Led by Voyager Ventures to Transform EV Charging Connectivity
ENAPI’s platform aims to commoditise connectivity in the EV charging industry and improve driver experience Seed round follows a €2.5M pre-seed raise just 10 months prior, bringing total funding to €10M Funds will accelerate ENAPI’s growth as the clearing house for EV charging, enabling seamless transactions between stakeholders Berlin, January 23, 2025 – ENAPI, the… Read more »
Advancing Offshore Wind Farm Operations with Lidar Technology
Equans’ Meteorological Monitoring Module continues to drive advancements in offshore operational safety. For nearly a decade, the integration of ZX Lidars technology into Equans’ Meteorological Monitoring Module has played a pivotal role in improving the safety and efficiency of offshore wind farm operations. This sophisticated module provides crucial real-time environmental data from offshore substations. The… Read more »
DNV Supports Grenergy in Securing $299 Million Financing for part of World’s Largest Energy Storage Project
2″ January 2025, Santiago, Chile — DNV, the global independent energy expert and assurance company, provided expertise and market due diligence, that has been instrumental in helping renewable energy developer Grenergy secure $299 million in financing for the Víctor Jara phase of the Oasis de Atacama project. This milestone marks a significant step forward in the… Read more »
Solargis launches Evaluate 2.0 software, setting a new standard for PV system design and evaluation
The new cloud-based solution offers the solar market’s most advanced, comprehensive platform for complete PV project design and evaluation. Solargis Evaluate 2.0 addresses many challenges faced by project developers and PV experts, leveraging 15-minute Time Series data as a default and using proprietary ground albedo data and ray tracing technology to deliver more accurate and… Read more »
Aevy Secures NOK 6.2M in pre-seed Investment Round
The investment will accelerate development of Aevy’s industry-first platform for AI-enabled management and due diligence of onshore wind and utility scale solar assets OSLO, Norway — Aevy, a provider of solutions for management and due diligence of renewable energy assets, today announced the completion of a NOK 6.2 million investment round led by StartupLab. The… Read more »
A leap forward in efficient and reliable lighting solutions with the second generation of Atlas Copco solar light towers
Salamander project successfully concludes data monitoring at floating offshore wind site
OEG Renewables and COENS Co Ltd sign an MoU to offer renewable service solutions to the growing offshore wind market in South Korea.
Iconic York Minster sets powerful example of sustainability and heritage preservation with a solar powered strategy for future generations.
Energy companies boosting investment in cybersecurity arms race, to manage the ‘greatest risk’ to the industry today – new research reveals
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