Power & Energy Solutions

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Wittenberg/Berlin, Germany, 12 September 2018 – Tesvolt, a manufacturer of storage systems for industry and commerce, has won the renowned German Entrepreneur Award. The distinction was handed over to the Wittenberg-based company yesterday at an award ceremony at the ZDF studio in Berlin. The panel of judges named Tesvolt one of the most successful start-ups in all of Germany in the past few years. The German Entrepreneur Award is presented each year in cooperation with partners from Stern magazine, Sparkassen savings cooperative, ZDF television and Porsche. Press photos are available here: https://www.tesvolt.com/en/presse/tesvolt-gewinnt-deutschen-gruenderpreis__prr28.html Flexible company organisation without a management level “Innovative start-ups shape tomorrow’s economy. We are very proud to be a part of it,” says Daniel Hannemann, Founder of Tesvolt. “Tesvolt has thrived from the start in great part thanks to the people who work here and our new, flexible company organisation. Executives don’t create a bottleneck in the process because our decisions are only made as a team, giving individuals a chance to optimally apply themselves and unlock their full potential. This enables a great degree of innovation.” Significant market potential Daniel Hannemann and Simon Schandert established the company in 2014. The two engineers started out by using their own savings to develop their

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Chevron Marine Lubricants has developed a brand-new range of cylinder lubricants compatible with virtually all available global sulphur cap 2020 compliance options. As the global shipping industry prepares for the arrival of the global sulphur cap in January 2020, the operation of ships in a multi-fuel future is a fast approaching reality. Lubricants are essential to the smooth operation and service life of propulsion machinery, but their optimal use is highly dependent on fuel sulphur content. A diversified marine fuel mix demands tailoring lubricant selection to fuel sulphur content to ensure compatibility with fuels bunkered across a fleet. The Taro® Ultra range of lubricants deliver the same high performance and protection expected from Chevron’s Taro® engine lubricants, with the added benefit of being compatible with almost all engines, marine bunker fuels and abatement technologies. The full range of Taro® Ultra products cover the needs of the vast majority of vessel owners, from Taro Ultra 25 which is compatible with low sulphur fuel, distillates and many alternative fuels, to Taro Ultra 140 which is ideal for applications using high sulphur bunker fuels that require scrubber emission abatement technology. Specifically developed by Chevron Marine Lubricants to help ship owners and operators maintain efficient operations before and

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Roquefort (47), September 11, 2018: REDEN Solar, a leading solar IPP from France, announced today that it successfully completed the refinancing of its Portuguese and Spanish assets, raising a total of € 100.5m in the process. This transaction takes the form of a 14-year non-recourse financing arranged by Natixis S.A. Sucursal en España. It restructures 13 historic loans contracted with 5 banks and involves around fifty photovoltaic power plants in operation in Portugal and Spain. Thierry Carcel, President of the REDEN Solar Group, said: "This refinancing operation was largely facilitated by the international reach of the Natixis Group, which enabled them to coordinate teams in 3 different countries and deal with the broad scope and complexity of the operation. This refinancing not only greatly simplifies the debt structure of our assets, but also improves our economic conditions, and allows us to generate a significant cash surplus. This, in turn, will enable us to continue to invest in the development and acquisition of new plants in the Iberian Peninsula, in Latin America, as well as in France, where we remain very active ". "We are very satisfied because completing an operation of this size and complexity proves that the market fully recognizes the excellent

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VARTA Storage has a growing network of partners, its most recent collaborations have been with EWE and innogy. VARTA Storage is focussing on the use and connectivity of energy storage systems in smart homes. • Cooperation with EWE for myEnergyCloud: More independence from the electricity market • Complete solution with innogy: Manage your own green electricity more flexibly • Energy storage in smart homes: Focus on connectivity • Energy monitor from Smappee shows savings potential Advantages on all sides: EWE electricity community and VARTA Storage The energy industry is undergoing a fundamental transformation, innovative concepts are in demand and collaborations are becoming increasingly important. The most recent example is the collaboration between VARTA Storage and the north German energy company EWE with EWE myEnergyCloud. Owners of private solar power systems in the electricity community can save their self-produced electricity like credits and retrieve it at any time. Their photovoltaic system and the electricity storage system from VARTA Storage therefore make them independent of the electricity market. With EWE myEnergyCloud, specialist trade companies receive a service that gives them competitive advantages. ‘The collaboration between EWE and VARTA Storage is a double win-win situation. For example, the VARTA energy storage system in conjunction with EWE’s cloud solution makes customers even

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Pasi Kautonen, Marketing Manager at Valoe Oyj, tells PES about the background and aspirations of this high-tech company. Their focus is on the developing high efficiency solar photovoltaic modules and automated module manufacturing technology. The company, originally named Cencorp, was founded in 1978. It soon acquired a reputation for innovative automatic robotic solutions for a wide range of industries. By the turn of the century, as a major global supplier of special components mainly for mobile phone industry, the company obtained advanced production and nano material experience in high efficiency laser technology and flexible back contact electrical circuits used for example in antennas inside mobile phones. By the end of the first decade of the millennium, Valoe moved its future business focus towards the upcoming and growing solar power industry. Through mergers and acquisitions backed by its own know-how of back contact technology Valoe started to implement its strategy to develop more sustainable, yet world leading, high efficiency solar modules and production technology. The company first started to develop and manufacture advanced back contact modules in Finland, which were based on polysilicon and monosilicon solar cells while also concentrating on enhancing automated production technology. In 2018 they launched their advanced and

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Using electricity and heat generated by the same installation is an effective way to increase efficiency in buildings — and also cut costs. In co-generation systems, the fuel, in this case gas, is used to generate electricity using a small gas turbine and the waste heat is used to heat the building and provide hot water. Wirral Metropolitan College, near Liverpool, is setting a good example in this field. The college has four campuses located around Birkenhead in the Wirral. By the end of the year, it will be using gas to cover most of its Twelve Quays campuses own day-to-day heat and electricity needs. Reducing dependence on electricity prices The sharp increases in electricity and gas prices, in the UK in recent years, make this transition a worthwhile investment for the college. ‘This is a demonstration project which is receiving funding from the local authorities as part of an extremely low energy agenda,’ says George Norrie, Technical Director at Scotia Energy, the project designers and integrators. Wirral Metropolitan College is the first public institution to benefit from a multi-million regeneration programme for the town of Birkenhead, just across the Mersey from Liverpool. Its new Wirral Waters campus is the first building completed

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Solar Power International, a massive three-day annual event, which is once again being held in Anaheim from September 24th to 27th. PES brings you a full preview. It’s exciting, it’s awesome, it’s the best yet and still not too late to get your ticket if you haven’t already done so. We look forward to meeting up with you. North America Smart Energy Week, powered by the leading solar organizations the Solar Energy Industries Association (SEIA) and the Smart Electric Power Alliance (SEPA), is the largest gathering of solar, smart energy, energy storage, and hydrogen fuel cells professionals in North America looking to grow their renewable portfolio for businesses and communities. Anchored by the flagship event, Solar Power International (SPI), North America Smart Energy Week brings together an extensive alliance of renewable energy leaders for four days of networking, accredited educational events, and innovation that moves the industry forward. The industry’s success can be seen by the numbers - more than 10 GW of solar were installed in 2017, adding to a total of 56 GW across the country and powering 10.7 million homes. In the past five years, prices for installed solar have dropped by over half. Community solar is also booming,

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PES brings you a preview of the 12th Renewable Energy India 2018 Expo, which will be held between 18th-20th September 2018. The aim is empowering India’s renewables mission to a new high, with participants from all over the globe. Don’t miss out book your tickets now. A glimpse of the forthcoming REI 2018: • Asia’s most leading Renewable Energy Expo by UBM India from 18th-20th September, 2018; with 45 participating countries and 750+ exhibitors. • 3 - Day power packed conference – ‘Accelerating Momentum…From Ambition to Action’. Conference to highlight innovations, challenges and successful case studies and deliberations taking the sector forward. • India Clean Energy Days & International Matchmaking organised by Business Beyond Borders (BBB) together with European Business and Technology Centre (EBTC) and supported by European Commission • Bolstering Start-ups and SMEs with the launch of a Sunrisers pavilion • CEO Conclave • Finance Leadership Forum • Quality Round Table by PV magazine • Future Round Table by PV magazine • 4th edition of Renewable Energy India Awards on 17th September 2018: To recognize Innovation & Excellence in the Renewable Energy Industry The 12th edition of Renewable Energy India Expo (REI), hosted by UBM India, India’s leading exhibitions’ organiser, is all set to come back in a magnificent way

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Amid yet more uncertainty in the solar industry – fuelled by the recent policy shakeup in China and subsequent plunge in PV module prices – leading manufacturers know that the best course of action is taken with a steady hand and eyes fixed firmly on the horizon; a horizon shaped by PV innovation and quality. Right around the time that the world’s largest solar power exhibition, the SNEC show in Shanghai, was winding down at the end of May, Chinese officials were silently preparing to drop a bombshell that was soon sending shockwaves throughout the PV world. The country’s National Energy Administration (NEA), the National Development and Reform Commission (NDRC) and the Ministry of Finance had prepared a new policy that stated, in no uncertain terms, that the government would not approve any more subsidized large-scale PV projects for the remainder of the year, effective June 1. The government bodies also confirmed a cut in the feed-in tariff (FIT), placed a cumulative annual cap on distributed generation (DG) installations at 10 GW (previously 19 GW) for the year, and introduced a new auction mandate for utility-scale projects. There was a lot to unwrap in this new policy. The kneejerk response among many solar

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Bertrand Lempkowicz, PR, Marketing & Communication Manager, at PV CYCLE, popped in to PES to discuss the importance of recycling and managing waste produced by so called ‘green energy’. Our industry should definitely make this an even higher priority. PES: Welcome back to PES Solar/PV magazine, it’s great to talk with you again. For the benefit of our new readers would you like to begin by explaining a little about the background of PV CYCLE and the importance of the solar/PV industry to you? Bertrand Lempkowicz: PV CYCLE was built on a voluntary basis, during the very first years of the photovoltaic Industry. At the very beginning, manufacturers were proud to be able to offer alternative renewable energy to fossil and nuclear energy and with good reason, but as for all types of energy, the end of life of the equipment must be taken into consideration. PV CYCLE was founded with PV modules in mind, by and for the photovoltaic Industry, which will now a few years later, can propose solutions for efficient recycling built on the experience gained from the first returns of broken, defective or end-of-life panels. On the other hand, when Europe introduced the photovoltaic panels into the WEEE directive,

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