Power & Energy Solutions

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Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) reported today the successful acquisition of a major equity stake in Oxford Photovoltaics Limited (Oxford PV), as announced on 21 March 2019. Simultaneously with the placement of Meyer Burger Technology Ltd shares by way of an accelerated bookbuilding procedure conducted by Oxford PV (as announced on 27 March 2019), Meyer Burger Technology Ltd has issued 62,288,420 registered shares out of its existing authorised capital. The issuance will increase Meyer Burger’s listed share capital to CHF 34,258,691.70, divided into 685,173,834 registered shares with a nominal value of CHF 0.05 each. The listing of these shares on SIX Swiss Exchange has already been applied for by the company and was approved by SIX Swiss Exchange. With the closing of the transaction, Meyer Burger will become the largest shareholder in Oxford PV. Hans Brändle, Meyer Burger CEO, will become member of the Board of Directors of Oxford PV.

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Government data shows that the overall energy output from bioenergy and waste, wind, solar and hydro is now nearly 13 times higher than coal. This comes just seven years after generation from coal was greater Renewables share of electricity generation was at a record high in 2018 producing 111 TWh with a 33.3% share Renewables share of electricity generation peaked in Q4 at 37.1% a 7% increase on 7% from Q4 2017 driven by a growth in renewable generation Renewable generation was up 11.8% in 2018 Government data, released today in the ‘Energy Trends’ publication revealed that total energy production from renewables is now nearly 13 times higher than coal following an 11.8% increase in renewable generation. This marks a significant milestone for renewables as energy production from coal was still greater than that of renewables only seven years ago. The data also found that renewables share of electricity generation was at a record high for the third consecutive quarter reaching 37.1% of the share in Q4 2018. This is 7% higher than Q4 2017 directly contributing to the record breaking 111TWh generated by renewables in 2018. The data revealed that despite a 19% increase of Solar PV generation in

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New figures show output up by 6% between 2017-18 Wind power drives increase – but future uncertain Scotland increased the amount of renewable energy it generated by 6% between 2017 and 2018, new UK Government figures show today (March 28). The increase was largely driven by the growth of wind power, with offshore wind projects off the country’s east coast coming on line last year and continued build-out of low-cost onshore projects. This output of electricity is the equivalent of powering all households in Scotland for more than two-and-a-half years. Joe Mitchell, Policy Officer at Scottish Renewables, said: “This increase means Scotland is now home to exactly a quarter of the UK’s renewable electricity capacity, with wind power an increasingly important part of our contribution. “Renewable energy drives investment and creates jobs, as well as mitigating climate change by reducing the amount of fossil fuels the UK must burn to keep the lights on. “With the right support from governments in both London and Edinburgh our industry, which already employs 17,700 people in Scotland, can continue to deliver these benefits as the shift to a clean, smart energy system gathers pace.” At the end of 2018, Scotland’s capacity was 10.9GW, an increase of 8% (0.8GW) on a year

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420kV composite high-voltage transmission tower enabling easier integration of renewable energy from remote locations into the European power grid  ARNHEM, The Netherlands – 28th March 2019 – DNV GL has been selected by the Norwegian transmission system operator, Statnett to provide electrical design services for the development of a new composite high-voltage transmission tower. The project is part of Statnett’s Research and Development programme ‘Lean Line’, which is designed to build power lines in a safer, faster and cheaper way, to enable easier integration of renewable energy from remote locations into the European power grid. Statnett will be among the first companies in the world to develop composite towers for 420kV high-voltage overhead lines. Traditionally, composite towers have been utilized for systems between 110 and 150 kV systems. As part of the project, DNV GL will provide assistance to Statnett in developing a new electrical design, adhering to specific Norwegian requirements and aspects. “It is important that the projects we support, underpin our R&D programme’s main goal, which is to improve energy security by 20%, reduce costs by 20% and reduce construction time by 20%”, says Oddgeir Kaspersen, Program Manager Innovative Technology at Statnett. “To do so, you need technical expertise, as the

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Vestas Wind Systems A/S has re-established itself as the leading manufacturer for wind turbines with over 10GW, or 19.6% share, of global installations in 2018, according to GlobalData, a leading data and analytics company. According to Vestas, high level of project commissioning in Americas, Europe, and steady installation activity in Asia-Pacific has aided the company to cross the 10GW mark for the first time. Ankit Mathur, Practice Head of Power at GlobalData, says, “Vestas has been among the top wind turbine manufacturers and has grown organically. Having secured its base in the key European and US markets, and a strong product portfolio, the company should now aim for other big markets where it has a minority presence”. In second position was China’s Xinjiang Goldwind Science & Technology Co., Ltd. with over 7GW of installations, representing around 13.7% share of the annual installations globally. Goldwind maintained its leading position in the domestic market with over 6GW of installations in China. Mathur continues, “Siemens Gamesa Renewable Energy SA (SGRE), which topped the 2017 ranking fell three places and is currently occupying third position. SGRE installed 6.1GW, with 11.8% share, of the global wind turbine installations for 2018. The fall in the installed capacity, from 9.4GW in

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Sameer Kalra has passed the helm of pumping system manufacturer Framo over to newly appointed CEO, Martijn Bergink. The former CEO of Framo, Sameer Kalra,has officially handed responsibility for the business to Bergink, as Kalra moves across to parent company Alfa Laval as the new head of the Alfa Laval Marine Division and a member of the Alfa Laval Group Management. As CEO of Framo and President of Business Unit Pumping Systems, Bergink will be based in Bergen, Norway. Formerly President of Business Unit Boiler and Gas System at Alfa Laval, he has held various positions within Alfa Laval since 1998. Educated as a chemical engineer, Bergink holds an McS degree in Chemistry. On his appointment to the role, Bergink commented: “I am thrilled to have been offered the opportunity to lead Framo. Framo has a great customer centric culture, with a real focus on quality. I am looking forward to building on Framo’s success whilst simultaneously ensuring we remain focused on delivering the very best quality products and service to our customers.” About Framo AS Framo is a pump manufacturer based in Bergen. The company was founded in 1938 and is now a worldwide organization with a presence on three continents. Today, the company has

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Following the announcement on 21 March 2019 regarding the contemplated acquisition of a stake of up to 18.8% of capital in Oxford Photovoltaics Limited (Oxford PV) by Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) against the issuance of up to 62.29 million new Meyer Burger registered shares from its authorised capital, Oxford PV has informed Meyer Burger that it launched an accelerated bookbuilding procedure for its up to 62.29 million new Meyer Burger shares. The final number of shares to be issued by Meyer Burger to Oxford PV will be announced upon completion of the bookbuilding procedure. About Meyer Burger Technology Ltd www.meyerburger.com Meyer Burger is a leading and globally active technology company specialising in innovative systems and production equipment for the photovoltaic (solar), semiconductor and optoelectronic industries. As an internationally recognised premium brand, Meyer Burger offers its customers in the PV industry reliable precision products and innovative solutions for the manufacture of highly efficient solar cells and solar modules. Meyer Burger’s comprehensive product portfolio is complemented by a worldwide service network with spare parts, consumables, process know-how, customer support, after-sales services, training and other services. Meyer Burger is represented in Europe, Asia and North America in the respective key markets and has

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Augsburg, March 27, 2019 – meteocontrol GmbH has attracted a new international cooperation partner: Touchsky. The company based in the Brazilian state of São Paulo is now selling meteocontrol’s solutions for monitoring and controlling solar systems throughout Brazil. In doing so, meteocontrol is successfully continuing to pursue its internationalization activities, thus bolstering its overall market presence in Latin America. With locations in Chile and El Salvador, the leading provider of independent monitoring solutions is already meeting the strong demand in Spanish-speaking PV markets ranging from Mexico to Chile. “Through partnerships with leading international companies, we want to promote solar energy in Brazil, while benefiting from their expertise and experience,” said Nataly Horner, the Managing Director of Touchsky. “This will enable us to implement PV projects using state-of-the-art technology, while making it easier for our partners to become established in the Brazilian market. Therefore, we look forward to working together with meteocontrol. The solutions for monitoring and grid feed-in management are being used around the world and are counted among the groundbreaking monitoring systems available in the PV market.” Brazil’s solar energy sector is reporting significant growth: In 2017, the installed power of PV systems expanded more than tenfold. In 2018, it had

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Trailing companies can better compete by differentiating themselves via distinct networking technology or cost breakthroughs March 27, 2019 – Boulder, CO – A new Leaderboard Report from Navigant Researchexamines the strategy and execution of 13 grid edge connectivity providers, with Itron ranked as the leading market player. The number of vendors offering field area networks (FANs) solutions continues to grow as electric utilities adopt new ways of connecting grid edge assets to distributed or centralized information technology applications. Technological advancements have led to the rise of more specialized narrowband wireless networking solutions, and spectrum sharing schemes have also been proposed globally. Click to tweet: According to a new Leaderboard report from @NavigantRSRCH, Itron is the leading grid edge connectivity provider. “Changing industry dynamics mean more utilities are exploring the concept of a holistic, territory-wide network for both FAN and wide area network needs, creating a crowded market.” says Richelle Elberg, principal research analyst with Navigant Research. “Leading companies in this industry are edging out the competition with a global reach, technological innovation, and participation in numerous strategic alliances.” According to the report, trailing companies can better compete by differentiating themselves via distinct networking technology or cost breakthroughs and honing a strategic vision around their

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March 27th, 2019. Ingeteam and BYD have tested and certified at their respective R&D laboratories the compatibility of BYD’s high voltage Battery-Box H 5.1 and 6.4, and Ingeteam’s INGECON® SUN STORAGE 1Play hybrid solar-plus-storage inverter. The coupling of Ingeteam’s inverter and BYD’s batteries is a complete hybrid system to capture and maximize the use of the solar resource. The versatility of the Ingeteam hybrid inverter in combination with BYD’s HV battery, permits to operate in stand-alone mode, back-up (UPS) mode or self-consumption mode. Thus, on-grid systems can store the solar energy during the day to consume it at night without risk of a power outage in case of a grid blackout, prioritizing the maximum self-consumption ratio at the same time. During the certification process, BYD implemented a new battery capacity calibration system to improve the measuring and control of the state of charge of the battery. This newest feature was also implemented and certified within the Ingeteam inverter. BYD’s LiFePO4 high voltage battery, with its 5.1 kWh and 6.4 kWh of capacity - depending on the model-, has been conceived for residential and commercial use, storing the electric energy and optimizing the installation’s energy efficiency thanks to the stabilization of the power supplied. For

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