• EBIT margin (1) at 7.6% with a sound balance sheet, returning to a net cash position of €615 million • Strong performance in Q4: revenue growth to €2,619 million (+12% YoY) and EBIT margin (1) at 8.2% • Peak backlog of €22.8 billion (+10% YoY), boosted by stable order intake of €11.8 billion (+9%… Read more »
Transformer failure is a concern for over 80% of industry professionals surveyed Failure puts business continuity at risk Operations and maintenance regimes are critical Industry leading research launched today by MIDEL, the world’s leading brand of ester-based transformer fluids, reveals the real and significant threat posed when a transformer fails, and a high level of… Read more »
China becomes a dominant player in the energy space Paris 2015 Climate Accord targets could slip out of reach, as economy rebounds While the Utilities landscape rebounded with renewed financial strength, the need to accelerate their transformation heightens as competition from new players emerges All segments of the value chain are impacted by digital transformation … Read more »
The first joint project from Eneco and Goldbeck Solar in the Netherlands has been completed in August and was built on the property of the regional water supplier Evides in Hoek. The solar farm in the south of the Netherlands, near the Belgian border, has a capacity of 2 MWp. Approx. 1.900 megawatt hours will… Read more »
Photon Energy broke ground on eight solar PV projects with a total capacity of 5.5 MWp in Almásfüzitő, Hungary The construction costs will be approximately EUR 6.1 million and the completed plants are projected to annually generate 6.6 GWh of electricity Amsterdam, 5 November, 2018 – Photon Energy (WSE: PEN, the ‘Group’) announces that its… Read more »
As informed in Company Announcement no. 30 of 13 November 2017, NKT has signed a Preferred Bidder Agreement (PBA) for delivery and installation of export cable systems to the prospective offshore wind farm project Moray East. Now, NKT and the project developer, MOWEL, Moray East Offshore Windfarm Ltd, owned by EDP Renováveis S.A., ENGIE and… Read more »
FREMONT, Calif. — November 1, 2018. SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the third quarter ended September 30, 2018. Third Quarter 2018 Highlights Record revenues of $236.6 million, up 42% year-over-year GAAP net income of $45.6 million GAAP net diluted EPS of $0.95… Read more »
Hamburg, 1 November 2018. The Nordex Group has secured an order for a total of 57.6 MW for a cluster of wind farms in Mecklenburg-Western Pomerania, Germany. The “Hoort” wind farm is a joint project by LOSCON GmbH, a wind farm developer, and mea Energieagentur Mecklenburg-Vorpommern GmbH (mea), a wholly owned subsidiary of the municipal… Read more »
Neste Corporation Stock Exchange Release 1 November 2018 9 am. (EET) As disclosed on 9 February 2018, Peter Vanacker (born 1966, M.Sc. Chem. Eng.) starts today on 1 November 2018 as the President and CEO of Neste Corporation. He joined Neste in September 2018 as a Senior Executive and since then has familiarized himself with… Read more »
WASHINGTON, D.C. – Two top energy industry CEOs are joining the Smart Electric Power Alliance (SEPA) Board of Directors: Gil Quiniones of the New York Power Authority (NYPA) and Adrian Tuck of Tendril were recently elected to the Board. Four incumbents were also re-elected for another three-year term: Seth Frader-Thompson, President, EnergyHub; Joe Hoagland, Vice… Read more »
Tesvolt delivers 4-megawatt high-voltage storage system to a solar park in West Sussex West Sussex, 31 October 2018 — The first municipal battery storage system project in the UK has been installed in the county of West Sussex. The solar farm has a 7.4-megawatt (MW) output and stabilizes the power grid together with a 4.4-MW… Read more »
The off-grid solar module manufacturer OPES Solutions expects that the Internet of Things (IoT) boom will significantly increase the demand for small photovoltaic modules. The background is the ever-lower energy consumption of modern data technology and the falling costs of solar modules. The combination of both developments already makes the power supply of small decentralized… Read more »