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Solar and wind are increasingly competitive in wholesale power markets, offer a hedge against the uncertain cost of other generation sources
New Berkeley Lab study quantifies solar and wind costs in relation to wholesale market costs, suggests that purchasers should in some cases rethink contracting practices. Since solar and wind power are not tied to the vagaries of fuel markets, their steady prices can serve as a hedge against wholesale power price fluctuations. As wind and… Read more »
Busch Group Companies Announce Joint Presence at Semicon West
The three companies of the Busch Group (Busch Vacuum Solutions, Pfeiffer Vacuum and centrotherm clean solutions) announce their joint presence at Semicon West 2024. This marks a significant milestone, as it will be the inaugural occasion that the Busch Group exhibits collectively in one booth in the US. Maulburg, June 26, 2024 – Visitors of… Read more »
ABB and Cleanwatts sign MOU to accelerate intelligent energy management in communities and buildings
AI-driven energy-sharing platform will be integrated with ABB energy management technology The partnership targets lower costs, enhanced energy visualization and efficiency, energy sharing and flexibility, and user convenience in renewable energy communities Both companies have signed a memorandum of understanding (MOU) to explore joint solutions ABB, a global technology leader in electrification and automation,… Read more »
Modulift at World’s First Offshore Energy Island
Specialist lifting equipment manufacturer, Modulift is facilitating the construction of a complex offshore energy project in the North Sea. Deemed to be the world’s first artificial energy island, “Princess Elisabeth” marks a significant milestone in renewable energy infrastructure development. Situated 30 miles off the coast of Belgium, in the 3.5-GW Princess Elisabeth offshore wind zone,… Read more »
Swiss Steel Group supplies Green Steel Stainless+ for completely stainless steel.
Swiss Steel Group has successfully launched Green Steel Stainless+. A new variant of completely stainless steel that meets the highest ecological standards. This innovative solution demonstrates our commitment to sustainability and the protection of our environment. Green Steel Stainless+ is characterized by its outstanding properties: Depending on the requirement profile, it is corrosion and heat… Read more »
High level of bookings for elektrotechnik
New exhibitors announced for the upcoming building, industrial and energy technology show Even now, eight months before the show gets underway, elektrotechnik bookings are high, which augurs well for a promising event in 2025. Exhibitors at the building, industrial and energy technology show will comprise businesses that have been exhibiting for years as well as… Read more »
NextFloat+ Project secures €13m grant from Innovation Fund
The NextFloat+ Project has secured a ‘cornerstone grant’ of €13.4m from the European Commission’s Innovation Fund supporting the industrialisation of floating wind. The pan-European project aims to accelerate the roll out of the next generation of floating wind technology by boosting competitiveness and scalability. Led by a consortium formed by X1 Wind, as project coordinator, alongside Technip Energies and… Read more »
JinkoSolar to Supply Utility Scale Storage to Athens Airport
MUNICH, June 21, 2024 — JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, announced today that it has entered into a Heads of Terms with kIEFER to supply its large scale battery storage, SunTera to Athens International Airport (AIA), hence… Read more »
Blue World completes successful testing of 200 kW maritime fuel cell system to run on green methanol
With a successful test of the first ever 200 kW HT PEM fuel cell system, an important milestone was reached in bringing new technology into play to push forward the decarbonisation of the maritime industry. Aalborg, Denmark, 25 June 2024 – After months of preparation, Blue World Technologies is proud to announce the successful testing… Read more »
Neustark secures $69 million in funding to expand carbon removal solution globally
Growth equity funding round led by Decarbonization Partners, with participation from Blume Equity, to propel neustark’s expansion across Europe, North America, and Asia-Pacific, and support its mission to remove 1 million tons of CO2 in 2030. Existing backers Siemens Financial Services, Verve Ventures, ACE Ventures, and Holcim continue their support, and UBS adds debt financing. The… Read more »
More from across PES
Storm Lilian – energy networks issue storm advice
The UK’s energy networks have activated their weather response plans to prepare for the arrival of Storm Lilian, which is forecast to bring severe weather to parts of the country overnight tonight (Thursday 22 August) and tomorrow. Network operators in the affected areas are increasing staffing in contact centres and operational teams, and moving equipment to where… Read more »
Jan De Nul Group contests detention of dredging vessel Zheng He in Mexico
Despite various attempts undertaken by Jan De Nul Group, both through local proceedings as through diplomatic channels, dredging vessel Zheng He remains detained in the Port of Tampico, Mexico. Jan De Nul Group will continue to take all possible actions to protect its crew, to reserve its rights over its assets and to obtain a… Read more »
Terrasmart De-Risks Hail Damage with New Tracker Stow Feature
Withstand extreme weather and terrain challenges with cloud-based monitoring and industry-leading ground-mount portfolio BUFFALO, N.Y. August 20, 2024 — Terrasmart is excited to announce the release of a new hail stow feature for its single-axis tracker,TerraTrak. The hail stow capability brings additional risk mitigation functionality to PeakYieldTM, Terrasmart’s cloud-based tracker control and monitoring software platform…. Read more »
Alessandro Papaianni is the new Country Manager of K2 Systems Italy
Alessandro Papaianni is the new Country Manager for K2 Systems in Italy, effective immediately: Alessandro has been working in the photovoltaic industry for many years and has extensive experience in the field of renewable energies and B2B distribution. Claudia Vannoni, Head of Sales for Southern Europe, is certain: “His professional knowledge and strategic vision will… Read more »
Pfeiffer Vacuum Achieves Gold Medal in EcoVadis Sustainability
Pfeiffer Vacuum, a member of the global Busch Group, has once again been awarded the prestigious EcoVadis Gold Medal for its site in Asslar. This places the company among the top 2% of organizations evaluated over the past twelve months by the world’s largest sustainability rating provider. Asslar, August 20, 2024 – The recognition underscores… Read more »
Report Highlights Advancements in Wind Technology and Supply Chains
New dynamics expected in the years ahead as deployment and supply chains expand Though 2023 was a relatively slow year for new wind power deployment in the United States, the industry continues to see growth, solid performance, expanding supply chains, and attractive prices, according to a report prepared for the U.S. Department of Energy (DOE) by… Read more »
DNV SUPPORTS AUD 650M FINANCING FOR AKAYSHA’S ORANA ENERGY STORAGE PROJECT IN NEW SOUTH WALES, AUSTRALIA
REC Group Kicks Off Production of High-Efficiency Alpha Pro M HJT solar panels for U.S. Commercial and Industrial Solar Markets
AST Networks to Highlight Strategic Partnerships and In-Depth Sessions at SMM 2024
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