Search
Alantra and Solarig secure €213m financing for the first batch of their 1.9 GW photovoltaic platform
€213m in new debt financing has been secured from a syndicate of banks coordinated by Rabobank, with ABN AMRO, BNP Paribas, Commerzbank, and Rabobank as the original lenders to the new facility, which will be used for the construction of the first batch of seven solar plants with a total capacity of 306 MWp. ●… Read more »
Photon Energy Group Announces Project Sale and Development Partnership with INWE Group
Amsterdam/Warsaw – 25 January 2024 – Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) (‘Photon Energy Group’, the ‘Company’ or the ‘Seller’), a leading international renewable energy services provider, recently announced the signing of a sale and development agreement with PM PV 7 Sp. z o.o. (the ‘Buyer’), a subsidiary of INWE Group. PM PV 7… Read more »
Jan De Nul signs Ørsted’s Hornsea 3 export cable contract
The Hornsea 3 offshore wind farm is located 160 km off the Yorkshire coast in the UK. With its 2.9 GW capacity, this wind farm will become the largest individual offshore wind farm to date and will bring the total capacity of the Hornsea offshore wind zone to 5.4 GW, the world’s largest. The two… Read more »
TE Connectivity’s compact elbow connectors offer power industry smart, space-saving solution
OTTOBRUNN, Germany– January 25– TE Connectivity, a world leader in connectors and sensors, addresses a critical current need in the power industry: space. TE’s Raychem ELBA Asymmetric Compact Elbow Connector can cut stacking length by 40%, making it currently the most compact design on the market. This smaller footprint is complemented by increased range and… Read more »
PVH reduces installation time by 40% with in house pre-assembly
Houston, January 25th.- PVHardware (PVH), a global frontrunner in solar tracker manufacturing, has unveiled a groundbreaking in-house pre-assembly process across all production centers, marking a seismic shift in solar installation efficiency. This strategic innovation dramatically slashes the number of components shipped to installation sites by over 85%, leading to an unprecedented reduction in solar project… Read more »
Trilantic Europe acquires stake in AEROCOMPACT Group
Satteins/Vienna, 26 January 2024: Trilantic Europe, a leading European private equity firm with a dedicated energy transition strategy, acquires a 60% stake in AEROCOMPACT Group, a leading supplier of solar mounting solutions specializing in the development, production and distribution of substructures for mounting photovoltaic modules. This investment will accelerate the company’s growth plan internationally, leveraging… Read more »
Xodus and Glic team up to drive social impact analysis for offshore wind
Global energy consultancy Xodus has partnered with Scottish sustainability consultancy Glic to maximise the social benefits of future offshore wind farms. The two companies have announced the signing of a Memorandum of Understanding (MOU), ahead of Scottish Renewables’ annual Offshore Wind Conference in Glasgow. It marks the beginning of a strategic partnership between Xodus and… Read more »
Burges Salmon advises Bluefield Solar on new strategic partnership with GLIL Infrastructure
The firm’s Corporate and M&A team has facilitated the formation of a long-term partnership to boost investment in the UK solar market Independent UK law firm Burges Salmon has advised Bluefield Solar Income Fund (“Bluefield Solar”), the London listed income fund focused primarily on acquiring and managing UK solar energy assets, on its new long-term… Read more »
Windward Offshore expands offshore wind activities with two additional state-of-the-art CSOV vessels.
Windward Offshore has exercised options, which were contained in the contract signed with Vard in October 2023, for the design and construction of two hybrid Commissioning Service Operation Vessels (CSOVs). As part of the order, the number of units ordered from VARD rises to four. This order marks another significant milestone for Windward Offshore in… Read more »
Robosys secures contract from Legacy Marine to supply an AI-driven autonomous control system for a 9.5m USV
Robosys Automation, the AI-driven maritime autonomy & smart-shipping specialist, has secured a contract from Legacy Marine of South Africa, for the supply and integration of AI systems for a fully autonomous USV. The bespoke fully autonomous AI-driven unmanned surface vessel (USV) has been designed by Icarus Marine and will be constructed by Legacy Marine, which is… Read more »
More from across PES
Enviromena secures £30m funding from Close Brothers Energy for construction of 70MW solar farm in Essex
Clean energy solutions company Enviromena has reached financial close with Close Brothers Energy to build a 70MW solar farm in Essex. The £30m deal, which includes a development and term loan facility, is part of a wider facility agreed with Close Brothers Energy in December 2023. The facility will be used to fund the construction and… Read more »
DNV CONDUCTS POWER CURVE VERIFICATION AT BAY OF ST. BRIEUC OFFSHORE WIND FARM USING ADVANCED NACELLE LIDAR TECHNOLOGY
DNV is performing power curve verification using advanced nacelle lidar technology at Ailes Marines’ Bay of St. Brieuc offshore wind farm, enhancing operational efficiency and aligning energy production with projections. DNV’s project includes designing, commissioning, and executing a power performance measurement campaign for turbines, ensuring compliance with updated industry standards. The Bay of St. Brieuc… Read more »
Ciel & Terre EMEA has begun the European largest floating solar project’s installation
[Lille, France – June 26, 2024] – Ciel & Terre, pioneer in floating solar solutions, has started the anchoring installation and floating platform assembly for the future largest Floating Photovoltaic (FPV) power plant, the Ilots Blandin project in Haute-Marne, France. This project, initiated in 2019 by Q ENERGY, represents an installation of 72.3 MWp of… Read more »
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 »
Swiss Steel Group supplies Green Steel Stainless+ for completely stainless steel.
Online Magazine Reader
- Solar/PV
- Wind
- China
