Power & Energy Solutions

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• Incoming orders +23% to CHF 560.7 million • Net sales +4% to CHF 473.3 million • EBITDA reported was CHF 12.4 million; EBITDA adjusted CHF 46.5 million • Net result reported of CHF -79.3 million; Net result adjusted CHF -3.1 million • Cash flow from operating activities of CHF +12.8 million • Solid balance sheet with equity ratio of 51.7% • Outlook 2018: Targeting net sales of CHF 450 – 500 million; EBITDA margin of about 10% • Change in the Board of Directors: Eric Meurice nominated to be elected as new member of the Board, Heinz Roth and Prof Dr Konrad Wegener will not stand for re-election at AGM 2018 Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) recorded in fiscal year 2017 incoming orders of CHF 560.7 million, +23% compared to the previous year (2016: CHF 455.6 million). Order backlog amounted to CHF 343.8 million as of 31 December 2017 or +40% compared to year-end 2016. Net sales rose by 4% to CHF 473.3 million (2016: CHF 453.1 million). The income statement 2017 includes several adverse effects and one-off extraordinary expenses in a total amount of about CHF 76 million which are mainly in conjunction with the discontinuation of diamond wire production at Diamond Materials Tech

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Efficiency increased by 40% Frankfurt (Oder), 21 March 2018 – The solar module manufacturer Astronergy has upgraded the first of its five production lines to enable significantly higher throughput. This will allow the company – a subsidiary of the Chint Group, a leading international manufacturer of industrial electronics – to cut the unit costs of its modules and thus to ensure it remains competitive in the German and European markets. Astronergy has been continuously investing in and optimizing its manufacturing lines since 2014, in order to ensure its production in Germany is always at the cutting edge of technology. Press pictures are available at: http://www.astronergy-solarmodule.de/en/presse-leser/astronergy-upgrades-production-line-in-germany.html The K-line – made by Astronergy Instead of 700 modules, the “K-line” can now produce 1,000 modules per day with the same high quality. And improvements to system self-diagnostics, as well as some reinforced components, have also helped to cut downtime. This means that the K-line requires less frequent maintenance. Additionally, retooling of the system was simplified to enable a quicker changeover between different types of module production. The K-line was implemented by the Astronergy engineers themselves. Andreas Lindner, Engineering Director at Astronergy, says: “The whole team is extremely proud, especially as they planned, built and started up the line themselves.

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PassivSystems secures ‘Sahim’ phase 1 contract with Authority for Electricity Regulation in Oman (AER) ‘Funded ownership’ model, with significant consumer benefits for home owners, will accelerate rooftop solar deployment, targeting residential rooftops Key project goal is to deliver value for money by driving down operating costs and maximising generation Newbury, UK, 21 March 2018 – PassivSystems has secured a contract with the Authority for Electricity Regulation Oman (AER), to consult on the first phase of an ambitious plan to install solar photovoltaic (PV) systems on more than 30% of all residential rooftops in the Sultanate of Oman. “We chose PassivSystems as consultants on this project because of its extensive experience working on funded solar PV schemes,” commented Qais Saud Al Zakwani, Executive Director at the Authority. “By tapping into its experience as UK market leaders in managing residential rooftop PV, we are confident that we will achieve the cost and generation yield targets necessary to ensure that this programme is a success.” The government initiative, known as ‘Sahim’, will use a funded ownership model that offers householders access to solar PV with minimal capital outlay, giving home owners in Oman a long-term financial incentive to install solar systems on their rooftops.

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With its modular design, ABB’s new solar inverter with energy storage capability, REACT 2, provides a capacity of up to 12 kWh, increasing electric self-sufficiency of homes. ABB’s new REACT 2 inverter and energy storage solution includes a high-voltage Li-ion battery with a long life and a storage capacity of up to 12 kWh. The modular solution can grow with the needs of any household from 4 kWh to 12 kWh and significantly reduce electricity charges thanks to an achievable energy self-reliance of up to 90 percent. The inclusion of a high-voltage battery (200 V) delivers more reliability and up to 10 percent more system efficiency compared to lower voltage alternatives (48 V). Tarak Mehta, President, Electrification Products division at ABB said: “We know that prosumers want to harness energy and store it until needed. The growth in self-consumption is one of the most exciting trends in renewables, driving greater demand for integrated and efficient battery storage. We have responded to this with our new high-voltage solution, which not only delivers energy savings of up to 90 percent but will flex and grow as consumer demands change.” One of the advantages of REACT 2 is its modular design, which can be

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New back contact module with ‘Best in Class’ efficiency (20%) London, 21 March 2018 – Sharp today launches the industry’s most efficient 48 cell PV module for the European market. The NQ-R258H is a new addition to its NQ-R product family of highly efficient back contact modules for residential and commercial use. The NQ-R258H (258W) monocrystalline photovoltaic (PV) module incorporates Sharp’s back contact technology with ‘Best in Class’ efficiency of 20%; increasing the amount of sunlight that can be used and returning maximum power output for minimum roof space. On the same surface area, the 48 cell modules can generate more power than with conventional 60 cell modules. The module has a discreet matte black finish, while reflections are minimised thanks to the electrical contact wires being on the underside of the panel. It uses anti-reflection glass to make the panels even less conspicuous. The NQ-R range (NQ-R258H and NQ-R256A) is ideal for all residential spaces, including houses with dormers, because the modules are very versatile. This is due to their compact size, light weight, easy handling and the option for short and long side clamping. This versatility opens up completely new possibilities of installation. One example of this is the HKW-Solar-Energiesysteme Solar Tower, a

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• First nacelles shipped from Cuxhaven to Ostend harbor in Belgium, installation port for Rentel wind power plant • Further step in industrialization of offshore wind technology • Heavy components to be moved in tailor-made “Roll-on/Roll-off” process Siemens Gamesa Renewable Energy (SGRE) has now fully implemented its cutting-edge offshore logistics concept announced in late 2015: After the establishment of a blade plant in the harbor of Hull, England in 2016 and the opening of a nacelle factory in Cuxhaven, Germany in 2017, the company eliminated road transportation of large and heavy wind turbine components from factories to installation harbors. With the first load of nacelles shipped from Cuxhaven to the Belgian offshore wind power plant Rentel on the purpose-built transport ship Rotra Vente, SGRE’s Ro/Ro logistics concept is now fully functional. Compared to the former setup including road transportation and crane loading, SGRE significantly increases safety while saving approximately 20 percent in logistics costs. The concept is aligned to the offshore cost-out measures as part of the business strategy presented by Siemens Gamesa at the Capital Market Day in February. One key element of this advanced transport solution is the efficient link between Siemens Gamesa’s offshore production locations in Cuxhaven, Germany, and Hull, England,

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Leading offshore inspection company, AISUS has announced its first major contract win in the Middle East with North Oil Company (NOC). The six-figure agreement marks a significant milestone for the firm and provides the foundation on which the company plans to build its growing business in the Middle East. The project, which is currently underway, will see AISUS carry out two caisson inspection programmes across two assets located in the Al Shaheen oilfield, off the north-east coast of Qatar. Further projects are planned for later in 2018. NOC took ownership of the Al Shaheen oilfield field in July 2017. Located 80 km north of Doha in the Persian Gulf, it is one of largest and most complex fields in the world, comprising of 33 platforms, producing approximately 100 million barrels of oil per annum. AISUS will utilise its gravity deployed ultrasonic scanning tool, SIRIUS-X. A tethered system which, when deployed from the topside, allows for inspection data to be captured above, within and below a variety of obstacles and diameter variations commonly encountered within caissons, without removing the tool. Developed to maximise data accuracy and minimise the duration of inspections to meet the increasing demands of the offshore industry, it features a high torque rotary

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Fabrice Leveque, Senior Policy Manager at Scottish Renewables, said: "Offshore wind is a UK- wide success story, with recent cost reductions a testament to the sector's ability to rise to a challenge. "Scotland has a strong heritage of offshore expertise, as well as some of Europe’s best wind resources. This new deal is an opportunity to build on recent successes and ensure that the enormous potential for jobs and investment presented by offshore wind is shared across the UK. "Baroness Brown’s appointment as an ambassador for the sector is also to be welcomed – she is a true champion of offshore wind and we look forward to working with her as the sector deal proposal progresses."

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Program provides solar power for underserved communities in Nicaragua, Mexico and Nepal SANTA FE SPRINGS, Calif., March 19, 2018 – Trojan Battery Co., LLC, the world’s leading manufacturer of deep-cycle batteries, today announced an expansion of its support for GRID Alternatives’ International Program in 2018 via the supply of solar batteries to power various off-grid systems for the organization’s projects around the world. GRID Alternatives (GRID) is a national leader in making clean, affordable solar power and solar jobs accessible to low-income communities and communities of color, in addition to powering off-grid communities around the globe through its energy access work. To date, GRID has installed 166 systems in 34 communities in Nicaragua, Nepal and Mexico through its International Program. Trojan has been providing financial support and battery donations for the program since 2010. Trojan’s expanded contribution will support GRID Alternatives’ projects internationally, which provide solar access and job training to local communities.  In addition, Trojan will send a team of employee volunteers to a GRID Alternatives project in Nicaragua to assist in installing a battery-based solar electric system.  This solar project will power coffee processing equipment for a women’s coffee cooperative in Jinotega, Nicaragua, enabling the women-led business to dramatically increase sales

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The technology group Wärtsilä today announced that it has delivered the world’s largest solar hybrid power plant. Wärtsilä will provide a reliable and sustainable supply of round-the-clock energy which is essential in operating the off-grid gold mine and demonstrate the enormous potential of integrating renewables as the baseload electricity. Wärtsilä was selected by the global renewable energy independent power producer Total Eren SA and African Energy Management Platform (AEMP) to build a 15MWp solar PV plant that shall generate and deliver energy to Iamgold Essakane SA at its gold mine in north-eastern Burkina Faso. By hybridizing an existing 57 MW diesel power plant with the new solar PV plant and related hybrid plant controls, the plant’s performance has been significantly enhanced. The new solar hybrid plant configuration maximizes the utilization of renewable energy at the Essakane mine. It is estimated that this will reduce fuel consumption by some 6 million litres per year, while reducing the plant’s annual CO2 emissions by as much as 18,500 tons. This project has generated more than 200 employments during the construction phase and is expected to create 75 permanent jobs during the operation phase. “This project demonstrates the benefits of integrating renewable energy in the mining industry.

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