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BP to move heavily in acquisitions & divestments to deliver new strategy, says GlobalData
Following yesterday’s announcement of BP’s strategy for transition from an international oil company to an international energy company, Will Scargill, Managing Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view on this transition; “BP has set out ambitious targets for the realignment of its business within five and ten… Read more »
SolarEdge Announces Second Quarter 2020 Financial Results
FREMONT, Calif. — August 3, 2020. SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the second quarter ended June 30, 2020. Second Quarter 2020 Highlights Revenues of $331.9 million Revenues from solar products of $310.1 million GAAP gross margin of 31.0% GAAP gross margin from… Read more »
Natural Power advises Crédit Mutuel Equity in aventron deal
Leading renewable energy consultancy and service provider, Natural Power, has acted as technical adviser to the French private equity specialist Crédit Mutuel Equity for its CHF 30 million acquisition of aventron’s renewable energy portfolio consisting of a large number of wind, solar and hydro assets located throughout six European countries. Natural Power’s mandate for the… Read more »
National Grid’s FES hydrogen focus could boost offshore wind deployment
National Grid’s Future Energy Scenarios (FES)*, published 27 July, showed hydrogen – for heating, transport and clean dispatchable thermal energy playing a pivotal role in three** out of the four of its net zero scenarios; Steady progression (SP), Consumer Transformation (CT), System Transformation (ST) and Leading the Way (LW). Cornwall Insight evaluated the relationship in… Read more »
ArcVera partners with VIM Energy to offer turnkey solar and wind resource assessment campaigns in Latin America
ArcVera Renewables, a leading provider of consulting and technical services for wind, solar and energy storage projects, recently completed a partnering agreement with VIM Energy, a Panama-based renewable energy development services company with additional operations in Colombia and Mexico. With this partnership, the companies will be able to provide clients in Latin America with turnkey… Read more »
Kim Hedegaard Sørensen joins StormGeo’s shipping division as Chief Operating Officer
Bergen, Norway, August 3, 2020—StormGeo today announces the appointment of Kim Hedegaard Sørensen as the new Chief Operating Officer for StormGeo’s shipping division. Sørensen begins his new role immediately. Mr. Sørensen has an extensive portfolio of global C-level leadership positions in shipping and transportation, including CEO of Nordics Nagel-Group, Blue Water Shipping, and TransAtlantic Industrial… Read more »
Nordex Group announces potential sale of its 2.7 GW European project development pipeline to RWE
The 2.7 GW portfolio includes projects in France, Spain, Sweden and Poland Strong boost to Nordex’s capital structure Cash consideration of EUR 402.5 million before deduction of any customary fees, taxes and any other adjustments Further reinforcing the growth prospects, underpinned by a strong order book Hamburg, 3 August 2020. The Nordex Group leverages the… Read more »
Meyer Burger definitely secures the new locations for the production of solar cells and solar modules
The creditors’ meeting of Solarworld Industries GmbH approved the sale of the buildings at Solarworld’s former production site in Freiberg (Saxony). The purchase price amounts to EUR 12 million and includes buildings with a total area of 33,000 square meters, patents and trademark rights. At the same time, the rental agreement for the buildings of… Read more »
Couple hoping to eradicate fuel poverty create 100 new energy jobs in Selkirk after OVO closes office there
People’s Energy has taken space in OVO’s former Selkirk office building and has started a recruitment drive Husband and wife entrepreneurs Karin Sode and David Pike, founders of People’s Energy, are one step closer to their mission of eradicating fuel poverty as they create 100 new jobs in Selkirk this week. The couple, who launched… Read more »
Vroon’s Italian-flagged offshore fleet obtains RINA’s “Remote” notation
RINA and VOS cooperation allows continuity of Class certification in “Remote” The shipping industry is constantly embracing and implementing digitalisation to streamline operations, providing safe and efficient logistics solutions and optimising operating costs. The COVID-19 pandemic has demonstrated that business continuity can only be guaranteed by those players who firmly invest in connectivity, smart applications… Read more »
More from across PES
Port of Lowestoft welcomes first vessel to Lowestoft Eastern Energy Facility as construction continues at pace
‘Soft start’ to Lowestoft Eastern Energy Facility (LEEF) operations underway with Norside Supporter vessel call. The Port of Lowestoft, the UK’s most easterly port, which is owned and operated by Associated British Ports (ABP), has achieved a significant milestone as it welcomed the first commercial vessel to the Lowestoft Eastern Energy Facility (LEEF) on Tuesday… Read more »
ZF Wind Power Coimbatore is the f irst plant in India to roll out 50 Gigawatts of wind g earboxes
•ZF reinforces its global leadership in wind gearbox technology with a 50 GW milestone of wind gearboxes for ZF Coimbatore •ZF Wind Power Coimbatore, the world’s largest wind gearbox plant outside of China and the only fully integrated gearbox manufacturing facility in India boasts a state-of-the-art setup for both export and domestic production. •ZF reaffirms… Read more »
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
TRESIOS crewing & careers” business unit continues as “MR. JAMES workforce & crewing
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
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