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SolarEdge Announces Second Quarter 2023 Financial Results
MILPITAS, Calif. — August 1, 2023. SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights Record revenues of $991.3 million Record revenues from solar segment of $947.4 million GAAP gross margin of 32.0% Non-GAAP gross… Read more »
Onshore industry demonstrates technological performability at Husum trade fair
The wind onshore market in Germany is developing dynamically. At HUSUM WIND, the industry demonstrates its performability to contribute to achieving the national targets. Onshore trends at the fair also include repowering, recycling and asset management. HUSUM | 02 August 2023. According to the recently published semi-annual figures and wind power expansion report of the… Read more »
A Helpful Guide on How to Break into the UK’s Renewable Energy Sector
The renewable sector is an ever-growing industry in all pockets of the world – which means it needs an increasing number of employees. With additional support from experienced staff, the industry can expect to enjoy further success. The amount of renewable capacity added across 2021 to 2026 is expected to be 50 per cent higher… Read more »
Daniel Gaefke to join Group Management Board as BayWa r.e. plans to triple capacity of wind and solar project development
Bangkok, 03 August 2023: BayWa r.e. is appointing Daniel Gaefke to its Group Management Board as the business continues to focus on the expansion of its global Wind and Solar Projects business. Currently Director of Projects APAC, Daniel will join CEO Matthias Taft, CFO Mihaela Seidl and COO Guenter Haug on the Board. As the… Read more »
TSUN’s Gen3 Microinverters Obtain Italy CEI 0-21 Certification: Advancing in the Growing Italian PV Market
Recently, TSUN’s Gen3 series microinverters successfully obtained the Italy CEI 0-21 certification after undergoing strict verification process by the internationally renowned certification body, TÜV NORD. This marks another significant milestone to the Gen3 series microinverters, following the certifications received from Austria, Poland, and the United Kingdom. In recent years, the renewable energy generation market in… Read more »
Osbit significantly expands team to drive project growth
Global demand for offshore wind farms drive significant Osbit growth Leading North East England engineering company Osbit Ltd has recruited 26 new employees to support its offshore wind projects. The company, which develops large-scale equipment used to construct offshore wind farms, has taken on new employees across the business. The intake consists of 11 Osbit… Read more »
NAVANTIA SEANERGIES SIGNS PARTNERSHIP AGREEMENT WITH KOREA’S SeAH TO STRENGH THE COLLABORATION AND EXPLORE TOGETHER ON OFFSHORE WIND DEVELOPMENT IN ASIA
Madrid, August 1, 2023.- Navantia Seanergies and SeAH have signed a collaboration agreement for the development of offshore wind energy in countries on the Asian continent, with a special focus on the Republic of Korea, one of the most ambitious states in its geographical area and on the American west coast. The Ministry of Economy,… Read more »
Kansai Electric Power joins Saitec Offshore’s DemoSATH Project as strategic partner and co-investor
Bilbao, 1 August 2023.- The Japanese utility Kansai Electric Power Corporation (KEPCO) has signed an agreement with Saitec Offshore Technologies, joining the DemoSATH project as a strategic partner and co-investor. KEPCO’s involvement further strengthens the project’s foundation and accelerates its progress. Drawing on its extensive experience and expertise in the energy sector, KEPCO is set… Read more »
Ajlan & Bros Holding and SolarEdge Technologies form Joint Venture to Accelerate Solar Adoption in the Kingdom of Saudi Arabia
RIYADH, Saudi Arabia and MILPITAS, Calif., (July 31, 2023) – SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy technology, announced today the forming of a joint venture (JV) with Ajlan & Bros Holding (ABH), one of the largest private sector conglomerates in the Middle East and North Africa region. The JV entity will be… Read more »
AEROCOMPACT rocks the solar market
Satteins, Austria, July 31, 2023. PV mounting system expert AEROCOMPACT has developed COMPACTPITCH XM-F REPTILE, a universal solution for pitched roofs that can be used with a wide variety of roof tiles. “With our new system, we are rethinking tile solutions and establishing our pioneering role in innovative substructures,” explains AEROCOMPACT product management manager Albert… Read more »
More from across PES
The UK Government has launched a partnership between Great British Energy and the Crown Estate which it says will deliver billions of pounds in clean power investment.
Responding to the announcement, Claire Mack, Chief Executive of Scottish Renewables, said: “Scottish Renewables welcomes today’s announcement which has provided more detail on the role that the UK Government hopes GB Energy will play in the energy market. “The ambition to fast-track renewable energy deployment recognises the critical role that our industry will play in… Read more »
Kraken and SolarEdge Light up Path to Cheaper, Cleaner Energy
SolarEdge Home Battery customers will be able to save by charging with low-cost, clean energy – fully automated by Kraken Octopus Energy customers in the UK and US first to benefit from lower energy bills SolarEdge systems around the world to expand Kraken’s ‘Virtual Power Plant’ potential and turbocharge the smart grid London, UK and… Read more »
New study REVEALS repurposing EV batteries is vital to shaping a sustainable energy future
Environmental Impact: Throwing away lithium-ion batteries improperly is causing global safety issues including fires in waste management facilities. Circular Economy Benefits: Companies such as B2U Storage Solutions and Allye Energy are recycling and reutilising old EV batteries. Industry Innovation: B2U Storage Solutions has successfully deployed large-scale storage facilities using second-life batteries, demonstrating cost-effectiveness and reliability… Read more »
Does a new Labour government herald a new dawn for UK climate tech companies?
By Paul Vousden, Client Development Director at 350 PPM, the London-based incubator and accelerator for early-stage clean tech solutions. Labour has been elected with a spectacular landslide majority and the country has voted for change, which of course was the campaign message that was relentlessly pursued for weeks on end. The other key themes from… Read more »
Schneider Electric appoints Kristin Hanley as Vice President, Global Marketing and Sales Excellence for the UK and Ireland
·Former Vice President of Customer Operations takes on new role · New function integrates marketing with sales excellence and data insights to accelerate business growth The leader in digital transformation of energy management and automation, has announced the appointment of Kristin Hanley as Vice President Global Marketing and Sales Excellence for the UK and Ireland… Read more »
ABB technology automates giant solar energy farm in Abu Dhabi
ABB technology maximizes efficiency and reliability of world’s largest single-site solar plant Al Dhafra PV2 in Abu Dhabi – key to the United Arab Emirates’ Energy Strategy 2050 The plant generates enough power to meet energy demands of 200,000 homes and reduce city’s CO2 emissions by 2.4 million metric tons per year, equivalent to the annual emissions from 470,000 cars IEA says solar PV manufacturing capacity is expected to double during 2024 to reach almost 1,000 GW,… Read more »
Airborne Wind Energy developer Kitemill receives €2.5m cash boost from EIC (European Innovation Council) to accelerate commercialisation
ARESCA calls for wind energy experts to support the national adoption of industry standards
WORLD BANK GROUP RELEASES REPORT ON OFFSHORE WIND DEVELOPMENT SCENARIOS FOR BRAZIL BASED ON ANALYSIS BY DNV
The UK Government today (July 18) announced the formation of an Onshore Wind Industry Taskforce.
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