Power & Energy Solutions

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Coronavirus cuts €93 million off profit in the quarter, while performance was also impacted by market slowdown in India and Mexico and by Onshore project challenges in Northern Europe Strong performance by the Offshore and Service units boosted the backlog to a record €31.5 billion, enhancing visibility going forward Siemens Gamesa has measures underway to turn around its Onshore business and improve towards profitability The company expects to end the year with revenues of €9,500-€10,000 million, and a margin of between -3% and -1% Siemens Gamesa’s performance in the third quarter of FY 2020 (April-June) reflected the impact of COVID-19 on its operations as well as challenges in the Onshore business, due to the slowdown of the Indian and Mexican markets, and in the execution of projects in Northern Europe. As a result, between April and June Siemens Gamesa recorded revenues of €2,411 million, a decline of 8% year-on-year. EBIT pre PPA and before integration and restructuring (I&R) costs fell to -€161 million, with a negative EBIT margin of -6.7%, including a -€93 million direct impact of COVID-19. Net losses in the quarter amounted to €466 million. Revenues in the first nine months of FY 2020 fell 9% year-on-year to €6,615 million,

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ABB launches analytics software and services that combines operational data with engineering and IT data to deliver actionable intelligence The ABB Ability™ Genix Industrial Analytics and AI Suite is a scalable advanced analytics platform with pre-built, easy-to-use applications and services. It collects, contextualizes and converts operational, engineering and information technology data into actionable insights that help industries improve operations, optimize asset management and streamline business processes safely and sustainably. Analyst studies suggest that industrial companies typically are able to use only 20 percent¹ of the data generated, which severely limits their ability to apply data analytics meaningfully. ABB’s new solution operates as a digital data convergence point where streams of information from diverse sources across the plant and enterprise are put into context through a unified analytics model. Application of artificial intelligence on this data produces meaningful insights for prediction and optimization that improve business performance. “We believe that the place to start a data analytics journey in the process, energy and hybrid industries is by building on the existing digital technology – the automation that controls the production processes,” said Peter Terwiesch, President of ABB Industrial Automation. “We see a huge opportunity for our customers to use their data from operations better,

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Houston Texas, US, 29th July 2020: JDR, the global subsea cable supplier and servicer owned by the TFKable Group, has begun construction of a new US headquarters in Tomball, Texas, a part of the Houston metropolitan area. The building will consolidate three of JDR’s existing facilities in the region to expand its IWOCs rental business to support current demand. The construction of the building began this month and after completion, JDR plans to acquire engineers and highly qualified service technicians, to expand its local presence. The key focus of the facility will be to construct and test new-build IWOCS equipment and support service activities on-site. It will allow for more physical space (10 acres) to improve efficiencies and safety measures in its supply chain, as well as reduce transportation costs. Brian Davis, Houston General Manager at JDR, commented, “Beginning construction of our new Houston headquarters marks a significant milestone for our US business, and we’re delighted to bring our ongoing success in the region to Tomball.” “Our Houston based business has grown strongly over the last decade, following an increased demand from our customers for IWOC rental systems. We have also increased our manufacturing and service support for our oil and gas customers

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EU PVSEC restructures its plenary sessions Overview presentations and news cover “Innovations in PV technologies”, “Innovations for PV industry and deployment” and “PV in the energy system” Last chance for early bird tickets and exhibition space The three plenary events of the 37th European Photovoltaic Solar Energy Conference and Exhibition will provide current insights on PV technologies and applications and the role of PV in the future energy system. To attract scientists and industry representatives from the whole PV sector, the organizers have grouped overview presentations and striking news of the top experts in three morning sessions, rather than reflecting each conference topic in its own plenary session. The plenaries of the high-quality, live and interactive online-event for the global PV community are titled “Innovations in PV technologies”, “Innovations for PV industry and deployment” and “PV in the energy system”. “With this structure, we are moving from the traditional compartments of device materials, components and systems and deployment to favour today’s drivers for PV: Research & Innovation, Enterprises and Industry, and the change to a carbon-free energy system“, Dr. Heinz Ossenbrink, Member of the Executive Committee, explains. Chasing the best solar cell Highlights of the first plenary session on Monday include the presentations

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Wind, hydro, wave and tidal energy projects bringing prosperity outside towns and cities Five in-depth studies presented in easy-to-digest format Renewable energy’s contribution to the economy of rural Scotland is analysed in a new publication by industry body Scottish Renewables. The report is an easily-accessible review of five economic studies carried out over the past three years. It shows the “remarkable an undeniable” positive effects of the sustainable development of wind, hydropower and marine energy from Dumfries and Galloway in the south to Orkney in the north. Highlights include: The 40 marine renewables-related businesses which have sprung up to service this cutting-edge sector in Orkney, currently employing around 200 people locally. Three wind farms and a hydropower station in the Great Glen, built between 2012 and 2018, which will generate £1.2 billion for Scotland’s economy over their lifetime, with £360 million of that staying in the local area. More than 90,000 overnight hotel stays in Caithness during the construction of a £970 million, 70-mile undersea cable - worth an estimated £4.5 million to the region. The front page of the report features a map of Scotland shaded by the renewable energy generation capacity installed in local authority regions. Nick Sharpe, Director of Communications and Strategy at Scottish

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This is a very natural combination of Above, the leading solar aerial inspection and data company and PADCON, specialists in the development and implementation of anti-PID solutions (Potential Induced Degradation). The two best in class technologies will combine forces to better identify suspected PID, cure PID and verify that improved system performance persists. Kolitzheim, Germany: Photovoltaic systems suffer a daily loss of efficiency and yield due to PID – studies show that solar modules lose at least 0.25% of their output per year. Over a period of 20 years, this adds up to a loss of yield of 2.5% per year. Depending on the environmental conditions, such as ambient temperature, irradiance, air humidity level and salt content, a stronger degradation is to be expected, which would result in a considerable loss of yield within a very short time. PID is very difficult to identify through traditional string monitoring because of the uniformity of how it develops. By the time PID manifests in the Performance Ratio, the solar site will have already experienced significant, permanent yield loss. Above is the solar industry's leading drone inspection and data analysis company, specializing in IEC-compliant thermographic inspections of large solar installations, as well as other drone-based inspection services

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Manufacturer to supply 41 x N149/4.0-4.5 turbines Hamburg, 29 July 2020. The Nordex Group has received an order for the supply of 41 N149/4.0-4.5 turbines for a wind farm in Colombia. The order also includes a service agreement for a period of two years with an option to extend initially by three and subsequently a further five years. The N149/4.0-4.5 turbines with a rotor diameter of 149 metres will be installed on site on tubular steel towers with a hub height of 105 metres. The project name and customer are undisclosed. According to associations, Colombia has considerable wind potential in various regions. On the basis of official figures, 1,278 wind turbine generators were installed in Latin America in 2019, most of them in Mexico, Brazil and Argentina. Here the Nordex Group was the second-strongest supplier in the region.

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Research from Cornwall Insight shows that as energy demand has risen due to lockdown restrictions being eased, wholesale prices have also increased. In fact, the day-ahead power price (while typically remaining volatile) recently peaked at £33.10/MWh on 8 July; the highest price traded for the contract since pre-COVID lockdown. In a similar vein, front-month power contracts are no longer in backwardation, while the annual October 20 contract is at its highest price since mid-January. The below graph compares the increase in electricity demand to the annual October 20 contract. Sam Nicholls Analyst at Cornwall Insight, said: “There is no doubt that the easing of lockdown measures has helped the market lift from substantial lows. With the slow re-opening of the economy, increased business activity has likely driven daytime demand higher. This increase in demand correlates with the steady price gains seen in June and July. “While broader commodity drivers and weather has impacted the wholesale market, it is clear that the recovery in demand is bringing value back to the typical within-day price. Higher demand should also be able to absorb more of the solar and wind fleet when generating, limiting the cannibalisation trends the market has seen recently. “A less obvious driver for the

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Scottish Green Energy Awards open today (July 28) – industry urged to ‘nominate now’  Nominations invited for 11 categories across all renewable technologies The Scottish Green Energy Awards – the UK’s largest celebration of renewables – open today (July 28). This year‘s event will take place in a hybrid format, with a socially-distanced physical awards ceremony and live-stream to comply with the latest government guidelines. Nominations are open for 11 categories, with submissions welcome from all renewable energy technologies, from wind, hydro and solar to wave power, low-carbon heat and more. Categories this year include Best Innovation, Best Community Project and Outstanding Contribution. The awards ceremony on November 26 will be hosted by comedian Jo Caulfield. Claire Mack, Chief Executive of Scottish Renewables, said: “Scotland’s renewable energy industry is playing a critical role in our fight against climate change. “The Scottish Green Energy Awards gives us an opportunity to take a step back and celebrate the truly incredible work being done by our industry as we work towards net-zero. “Every year I am inspired by the talent, passion and innovation showcased by those doing ground-breaking work which is driving real change as we work to decarbonise our energy system.” The event, headline-sponsored by EDF Renewables, will take place at

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Market leading developers of smart water quality monitoring technology, Rivertrace Limited have integrated the multi Lloyd’s List awarded ε-ORB (PAS electronic Oil Record Book) software application developed by maritime technology and marine risk prevention firm, Prevention at Sea Ltd into their SMARTSAFE ORB bilge overboard security system monitoring equipment. The bringing together of the two systems through an API created by digital technology provider Intellore, will allow data collected by Rivertrace’s SMARTSAFE ORB to be automatically entered into the certified Electronic Oil Record Book, the Prevention at Sea Ɛ-ORB, removing the need for manual entries. The SMARTSAFE ε-ORB has been developed under a newly formed joint venture SENSƐAS, in which both companies are exclusively working together to develop sensor technology with maritime software to provide the industry with a smarter, simpler way to improve processes and recording data. Rivertrace originally developed SMARTSAFE ORB as a complete interlocked system that enables the electronic recording of discharges, to prevent the use of “Magic Pipes”, illegal discharges and to minimise discrepancies in a ship’s oil record book. In its simplest form, SMARTSAFE Ɛ-ORB utilises GPS and records each ‘event’ of the bilge water discharge process. Recent updates to SMARTSAFE ORB have made the system smaller and lighter

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