Power & Energy Solutions

The premier renewable energy publication

Luxcara, one of the leading asset managers for renewable energy investments, has announced the completion of the Norwegian onshore wind farm “Egersund”. The project was secured in December 2015 for a portfolio of institutional investors. The onshore wind farm comprises 33 turbines and has a total capacity of 111.2 Megawatts. A power purchase agreement of 15 years was already signed in November 2016 and the financial close with long-term financing was finalized in March this year. Built on a plot of more than seven square kilometers in size, Egersund is located five kilometers from the western coast of Norway. The site offers outstanding wind conditions that promise continuous power production and a reliable return on capital for the investors. “We are pleased to have completed construction on schedule. With Egersund, we provide our investors access to one of the most profitable locations in Europe for ecologically sustainable power production. Norway will continue to gain importance as an energy-generating country, as has been demonstrated by the construction of electricity transmission lines between Norway and Germany as well as between Norway and Great Britain," says Dr. Alexandra von Bernstorff, Managing Partner of Luxcara. We are happy to send you high-resolution pictures on request. About Luxcara Luxcara is an

Read More

NRG Systems, a designer and manufacturer of smart technologies for a more sustainable planet, has announced the hire of Barry Logue as the company’s Lidar Wind Energy Solutions Manager. Logue, a veteran in the remote sensing space, will be responsible for all sales and account management for NRG’s Lidar products and services in North America. Logue previously served as the Global Applications Manager for Vaisala as well as the Director of Sales at Second Wind, where he helped establish new applications for remote sensing in wind resource assessment as well as operational data reporting. As a member of both U.S. and international standards committees, Logue played a pivotal role in the release of new best practice and formal standards for remote sensing devices in wind energy applications encompassing the entire wind farm lifecycle. He earned his MBA from Suffolk University in Boston and has a BS in Aerospace Engineering from Boston University. “I was impressed by the dedication and commitment NRG Systems has to the renewable energy industry and the impact the company has had, and will continue to have, on our global and individual well-being,” said Logue. “NRG Systems considers its staff to be a key element of its continued success and

Read More

The Photovoltaik-Institut Berlin (PI Berlin) has created a subsidiary based in Delhi, India. In one of the most important markets worldwide for photovoltaics, there is particularly high demand for PI Berlin’s services, such as laboratory tests for modules and quality assurance in the planning, construction and operation of photovoltaic plants. The newly created company can now offer these services directly from a local base. It will be managed by Steven Xuereb, Head of the PV Systems Business Unit at PI Berlin, together with Dr Saurabh Kumar, who will act as local coordinator for sales and customer service. Press photos are available at:  http://www.pi-berlin.com/en/pi-india-subsidiary Great potential in the Indian market “India is a young solar market experiencing dynamic growth. We see great potential here for the provision of services and consultation relating to the planning, construction and operation of solar power plants,” says Saurabh Kumar. The Indian government has announced its goal to have 100 gigawatts of installed photovoltaic capacity by the year 2022. “This long-term goal gives the players in the market the security they need to make investments,” says Kumar. To protect investments in photovoltaic plants as feed-in tariffs continue to fall, it’s crucial to inspect plant components at every stage along the

Read More

The first hybrid lagre-scale energy storage system sun | systemizer was successfully connected to the power grid. It will in future stabilize the European Interconnected Network (ENTSO-E). Further major orders have already been received as the HOPPECKE battery system series is now available in a wide range of scalable capacities. “With this solution of lead and lithium storage, which can be individually combined for specific applications, we meet our customers' requirements exactly. We are currently already planning further large-scale storage facilities in power classes up to 100 MWh. For example, to ensure grid stability at other locations in Germany. But also for large photovoltaic systems in Asia. Our customers get the best cost-benefit ratio through our custom-fit solutions. We have noticed a great deal of interest in the sun | systemizer for several months now," says Michael Entrup, Head of the Stationary Energy Storage Division in the HOPPECKE Group, about the relevance of the large storage tanks for international markets. HOPPECKE hybrid storage system buffers load peaks and enables climate-neutral e-mobility In addition to stabilizing the power grid, there is already strong demand for the hybrid large-scale storage system for other applications. Small and medium-sized industrial companies can use the sun | systemizer

Read More

In the past nine months of 2017 financial year, the Nordex Group (ISIN: DE000A0D6554) generated EUR 2,319.5 million in sales (9M/2016: EUR 2,339.5 million). Accordingly, the company is at a stable high level year-on- year and within the scope of its expectations. In the third quarter the Group generated EUR 818.3 million in sales (Q3/2016: EUR 855.5 million). The Service division boosted its sales by 21 per cent, to EUR 227.5 million, making a substantial contribution to the business volume of the Group. In addition, the production output increased owing to short-term supply commitments. Turbine assembly performance was up by 26 per cent, to 2,452 MW; in the rotor blades segment, the number of units produced increased by 30 per cent, to 626 rotor blades. In this context, the share of production accounted for by factories catering to markets outside Europe rose substantially. Earnings before interest, taxes, depreciation and amortisation amounted to EUR 181.9 million (9M/2016: EUR 203.9 million), corresponding to an EBITDA margin of 7.8 per cent (9M/2016: 8.7%). In the third quarter the operating result came to EUR 64.4 million (Q3/2016: EUR 67.3 million), equivalent to an EBITDA margin of 7.9 per cent. The expected development of earnings is essentially attributable to declining capacity utilisation. The personnel cost quota

Read More

WinGD continues drive to digitisation with Shipdex™ Maintaining the rapid pace to apply the latest digital technology to its low-speed diesel and dual-fuel engines and corporate processes, engine designer Winterthur Gas & Diesel Ltd. (WinGD) has announced its participation in the Shipdex™ community. The Shipdex™ organisation has introduced a version of the S1000DTM specification for digital data exchange applied in the aerospace and defence industry, and adapted for the marine sector. This S1000D™ specification standardizes electronic dissemination of technical data to equipment makers, shipyards and ship owners. WinGD is committed to making all its technical documentation available to ship builders and operators in a digital form, which complies with the precisely defined and internationally established standards in Shipdex™. The primary scope of Shipdex™ is to allow manufacturers and customer to create a technical documentation repository where all the data is collected and managed under quality, configuration and version control. In addition, the Shipdex™ protocol allows the automatic import of technical data into the Computerized Maintenance Management Systems (CMMS) and Enterprise Resource Planning (ERP) at shipyards and on board vessels. “With important data, such as our Operation Manuals, Maintenance Manuals and Spare Parts Catalogue, converted into Interactive Electronic Technical Publications (IETP), we can compile,

Read More

The Spanish wind converter supplier consolidates its world number one rank with leadership in key wind energy growth markets and a 10 GW addition in just two years Spain, 14 November 2017. Ingeteam, an independent supplier of electrical conversion equipment, has announced today that it surpassed the milestone of 40 GW of installed wind power capacity worldwide thanks to record sales of its converter product lines. This significant achievement underpins the growth the company experienced in its core markets, with an addition of an impressive 10 GW globally in just two years. Earlier this year, the company landed the world’s top spot among independent suppliers of wind power converters, after setting a new record year for its converter deliveries in 2016. To date, a total of 40,175 MW of wind turbines have been equipped with Ingeteam’s technology, strengthening its position as world’s leading independent supplier of wind power converters. This performance is largely due to Ingeteam’s establishment of a leadership position in Brazil and India, two of the world’s largest emerging wind energy markets. Over the last two years, the company has respectively supplied 1,878 MW in India and 1,240 MW in Brazil. “We owe our success to our consistent ability to meet

Read More

First Solar, Inc. (Nasdaq: FSLR) today announced that its high-performance thin film photovoltaic (PV) modules would power two utility-scale photovoltaic solar power plants in the Netherlands, developed by Denmark’s Obton. Obton broke ground on the first project, a 13.92-megawatt (MWDC) facility today, while a second, 4.4MWDC, project is expected to come online in mid-2018. Both projects are located in Stadskanaal and have secured licenses under the country’s SDE+ renewable energy program. The plants are part of a growing wave of solar PV projects that have successfully competed against other technologies, including wind, in recent SDE+ procurement rounds. They also mark Obton’s entry into the Dutch market as an independent power producer. “Our projects allow us to play a role in the Netherlands’ plans to decarbonize its energy mix. They demonstrate that solar PV can effectively compete against any other renewable energy technology when powered by bankable module technology,” said Anders Marcus, CEO of Obton.  “Importantly, the fact that we’re using First Solar’s eco-efficient modules ensures that we’re also delivering the lowest carbon solar in the country.” Over 156,000 First Solar Series 4 modules, which have the lowest environmental impact of all solar technologies, will power the two projects. With a carbon footprint that

Read More

On 1 March 2017, Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) announced its decision to discontinue the proprietary wire production for diamond wire at Diamond Materials Tech Inc. (DMT) in Colorado Springs, USA. Meyer Burger has signed a binding asset purchase agreement with Thermocompact Group now, which will acquire the remaining DMT business for an amount of about USD 6 million in cash. The closing of the transaction is expected by mid-December 2017. As a result of this transaction, about 25 employees will be transferred to Thermocompact Group. The diamond wire business previously serving PV-related applications has already been closed by Meyer Burger during the first half-year of 2017.  Thermocompact Group has dedicated expertise in precious metals coating, high technology wire for EDM applications and fixed abrasive highly technical engineered wires for photovoltaic, electronic and LED industries. The company serves various fields of industries such as automotive, aeronautics, space, connectors, medical and precision cutting.  www.thermocompact.com In 2013, Meyer Burger changed its financial reporting from IFRS to Swiss GAAP FER. In accordance with Swiss GAAP FER 30, Meyer Burger decided to offset goodwill resulting from acquisitions against equity. In case of a divestment of an entity, Swiss GAAP FER accounting standards require

Read More

Leading industrial measurement provider turns on first units of its OptimusTM Dissolved Gas Analysis (DGA) Monitors for Transformers for clients around the world. Vaisala, a global leader in environmental and industrial measurement, is working with power utilities, maintenance providers and asset owners to bring the first commercial units of its OptimusTM DGA Monitor for Transformers online. In recent months, Vaisala has delivered Optimus units to various customers in Europe, the Middle East and Africa, the Americas and Asia. Vaisala looks to keep pace with demand and an expected increase in production in 2018. As transformer fleets continue to age, the likelihood of faults and failure increases accordingly. Real-time condition monitoring enables asset owners to identify and address potential issues before they result in costly failure, reducing maintenance costs and boosting production and performance. While various DGA methods are widely used in the international power generation and transmission sector for these very reasons, the OptimusTM DGA Monitor brings a number of practical, time- and cost-saving benefits to the table that will dramatically improve transformer maintenance and minimize power plant disruption. A More Practical Approach to Condition Monitoring Vaisala’s Optimus monitors transformer oil for the presence of moisture and seven different gases. By tracking real-time levels

Read More