Power & Energy Solutions

The premier renewable energy publication

Press Releases, Renewable News, Solar

LONGi scores 100% in BNEF PV Module Inverter Bankability 2020 Survey, continues its Tier-1 rating and achieves highest Altman-Z score amongst pure-play PV manufacturers in 3Q-2020 “100% Bankable” in survey of banks, funds, solar EPCs, IPP and technical advisors In their PV Module & Inverter Bankability 2020 report published on 13th August 2020, BloombergNEF investigated module bankability of products and technologies offered by 49 global solar module manufacturers with a survey among key PV stakeholders. The objective was to assess which module brands used in projects are most likely to obtain non-recourse debt financing from commercial banks. Survey respondents included banks, funds, solar engineering contractors, independent power producers and technical advisors from all around the world. Basis parameters such as product quality, long term reliability, field deployment performance, and the manufacturer’s financial strength were surveyed. 100% of survey respondents have rated LONGi (and its products and services) as fully bankable. LONGi emerged as a top solar brand in term-loan financed projects. Survey results reflect that projects using LONGi modules have been able to secure long-term debt financing with a greater ease. A key highlight of the report is that bifacial modules (which are the lead products offered by LONGi) has been ranked as highly bankable by

Read More
Wind

Confirms positive global outlook for wind renewable energy generation Turnaround in Onshore and growth capture in Offshore and Service to drive future value creation SGRE sets objective of growing faster than the market and delivering 8-10% EBIT margin pre PPA and I&R costs for FY23 Reiterates Sustainability commitment Siemens Gamesa Renewable Energy today outlined its path to long-term sustainable profitable growth at its virtual Capital Markets Day. SGRE said that a refreshed corporate strategy would unleash the full potential of the company by capturing growth opportunities in its profitable Offshore and Services businesses and driving a turnaround in Onshore. The strategy prioritizes profitability over volume, cash generation, as well as efficiency and productivity in all operations. “Public and government demand for clean energy solutions to climate crisis will drive continued investment in renewable electricity generation and we are well positioned to deliver value to shareholders and society by playing a full role in that process,” said Andreas Nauen, CEO of Siemens Gamesa. “It has been a tough period for the industry and the company, but I am confident we have all the right components in place. Our people, technology, scale and global footprint are strong foundations on which to build

Read More
Press Releases, Renewable News, Wind

In the age of Industry 4.0, stakeholders need holistic, long-term plans for territory and sitewide connectivity August 27, 2020 – Boulder, Colo. – A new report from Guidehouse Insightsexamines why energy industry verticals should consider the long-term evolution (LTE) family of technologies, including NB-IoT, LTE Cat-M1, LTE Cat-1, and 4G and 5G LTE, for their strategic long-term connectivity needs. Industry 4.0 is here, and energy industry participants—including utilities, oil & gas (O&G), and mining operations—must embrace a full range of digitization technologies to remain safe, efficient, reliable, and competitive as their operating environments transform. Ubiquitous, flexible, and future-proof communications networking will be foundational to this. Click to tweet: According to a new report from @WeAreGHInsights, a strategy built around the family of LTE wireless technologies, based on global standards, presents an effective solution poised to evolve as 5G technology matures. “To date, most utilities, O&G, and mining companies have taken a scattershot approach, building ad hoc, application-centric networks to perform just a few tasks. They may be operating dozens of incompatible networks per site, with a mix of wired and wireless, public and private solutions performing disparate functions,” says Richelle Elberg, principal research analyst with Guidehouse Insights. “Looking ahead, a strategic, holistic, long-term

Read More
Press Releases, Renewable News, Wind

KONGSBERG announced today its plans to increase investment in maritime digital solutions, focus on building strong partnerships and combine Kongsberg Digital’s two maritime divisions into one brand: Digital Ocean. Digital Ocean will be headed up by former SVP Energy and digital twin expert Andreas Jagtøyen. The benefits and necessity of digitalization are becoming increasingly apparent for the world’s industrial markets. KONGSBERG is spearheading the development of maritime digitalization solutions through our cost-efficient data infrastructure solution for vessel owners and operators, Vessel Insight, adjacent digital solutions such as Vessel Performance and Remote Services, and partnerships with other large maritime vendors such as DNV GL and recently ABB. All parties focus on digital deliveries based on their unique core expertise, to enable end-to-end digitalization that brings real value to customers. The next step for KONGSBERG in this undertaking is to combine Kongsberg Digital’s Maritime Digital Solutions unit with its Maritime Simulation hub, enabling the synergies required to address a need in the market for maritime digital twins. Heading up the new maritime stronghold, Digital Ocean, is former SVP Energy, Andreas Jagtøyen. “Digitalizing the maritime industry is not a one-company job and therefore KONGSBERG is partnering up with experts externally and combining expertise internally to

Read More
Misc, Press Releases, Renewable News

ABB Turbocharging and Kongsberg Digital have signed a cooperation agreement on edge data collection and ship engine performance analysis. The companies will work towards a common data infrastructure and accelerate the development of value-added digital applications and services. The agreement will enable ABB Turbocharging to use Kongsberg Digital’s data infrastructure solution for vessels, Vessel Insight – which runs on Kongsberg Digital’s Kognifai ecosystem. It will be used as an additional data infrastructure service for ABB Turbocharging’s digital solutions. Such exchange of data between cloud platforms is fundamental to enabling remote diagnostics on vessel engines. The recent introduction of continuous performance evaluation functionality in ABB’s advisory software for engines, ABB AbilityTM Tekomar XPERT, allows timeseries engine data to be transferred between platforms. “Partnerships between major players are key in bringing about high value digital solutions to the maritime sector at a lower cost and faster pace. With Kongsberg Digital and ABB Turbocharging working together to increase the value offering to customers, we can deliver an even more attractive return on investment to vessel owners and operators. We are excited about working together with ABB Turbocharging and our customers to accelerate their digitalization journey,” says Hege Skryseth, President of Kongsberg Digital. ABB Turbocharging and Kongsberg

Read More
Misc, Press Releases, Renewable News

Climeworks has signed ground breaking agreements with both Carbfix, carbon storage pioneers, and ON Power, the Icelandic geothermal energy provider, to lay the foundation for a new plant that will significantly scale-up carbon removal and storage in Iceland. The new plant will be able to permanently remove 4000 tons of carbon dioxide from the air per year. The agreements set down an important milestone in the fight against climate change: They mark the first time the technologies have been combined for a project of this scale to remove carbon dioxide from the air. Under the agreement with ON Power, Climeworks will build facilities within their Geothermal Park to capture CO2 from the air. This will be done using Climeworks’ direct air capture technology (DAC). The geothermal power and heat provided by ON Power secures a constant supply of renewable energy to power the DAC technology. Climeworks’ agreement with Carbfix ensures the safe storage of the CO2 through natural underground mineralization. The underground basaltic rock formations in Iceland provide the ideal conditions for this process, providing a permanent solution for CO2 storage. The collaborative efforts of these agreements are particularly important as the scale-up of carbon removal is essential to reach the goals of the

Read More
Press Releases, Renewable News, Wind

Installation achieved within schedule, despite impact of Covid-19 90 foundations and two 50 kilometre-long export cables now in position Start of commercial operations at Triton Knoll expected in Q1/2022 RWE has taken a huge step towards first power generation in 2021 at Triton Knoll by completing the installation of all 90 turbine foundations and two 50-kilometre long export cables connecting offshore and onshore electrical systems. The successful installation was achieved during one of the project’s most challenging times due to the impact of Covid-19, and has been completed within the planned summer delivery window. With a commercial operation date expected in the first quarter 2022, Triton Knoll wind farm will have an installed capacity of 857megawatts (RWE’s pro rata share: 509 MW), capable of supplying green electricity equivalent to the annual demand of over 800,000 UK homes. Triton Knoll offshore wind farm is located over 32 kilometres off the Lincolnshire coast. It is jointly owned by RWE (59%), J-Power (25%) and Kansai Electric Power (16%), with RWE leading the wind farm’s construction and long-term operation and maintenance works, on behalf of the project partners. Total planned investment volume amounts to approximately £2 billion. Triton Knoll was awarded a Contract for Difference (CfD)

Read More
Press Releases, Renewable News, Wind

Collett have commenced turbine component deliveries from King George V Dock, Glasgow to Solwaybank Wind Farm, Dumfries & Galloway. Consisting of 15 Vestas V100 wind turbines, each featuring 49 metre blades and 75 metre towers, our Team began the transport of each of the 120 main components and ancillary items from Glasgow's King George V Dock. With space at a premium at the Glasgow dockside, due to this being the first of two wind farms our Teams are currently delivering from King George V and with the cargo of a third project already securely stored, the Port of Grangemouth and our portside location are also being employed for 24 of the tower sections destined for Solwaybank. Utilising our four axle extendable flat trailers and our specialist Scheuerle clamp trailers, designed specifically for the transport of wind turbine towers, each component has begun the journey from the port to the construction site. Alongside these specialist trailers, our Team also employed our three Nooteboom Super Wing Carriers to facilitate the movement of the 49m long blades. Quadruple extendable from 18.65m to 64.3m, these trailers offered the ideal solution for the blades, providing a 60-degree steering angle and significantly more suspension travel (lift/lower) for extra ground clearance

Read More
Misc, Press Releases, Renewable News

AFX is the new Air Fin Cooler range for cooling operations in power and heavy industry, chemicals and petrochemicals as well as turbine and compressor cooling according to API 661. Higher heat transfer with new standardized AFX range of air fin coolers Kelvion is adding two new solutions to the Air Fin Cooler market – the AFX Alu and the AFX HDG. AFX brings Kelvion’s extensive know-how and experience from countless customized Air Fin Cooler projects to a standardized and modular design to improve heat transfer and boost efficiency. While differing in the range of application, both products have Kelvion’s advanced tube technology at the heart, with the advantages of reduced engineering effort, delivery times and payback periods. Unique aluminum groovy finned tubes form the core of the AFX Alu, providing a higher level of heat exchange. It has been developed for cooling applications in the oil & gas and heavy industries. With the AFX HDG, hot dip galvanized, elliptical CW tubes offer increased heat exchange at reduced fan power consumption. Robust, corrosion resistant and easy to clean, the AFX HDG is ideal for heavy industry, power, chemical and petrochemical applications. AFX Alu The AFX Alu builds on Kelvion’s decade-long experience of customized air fin coolers

Read More
Press Releases, Renewable News, Wind

International engineering, technical services and project management provider ODE, which as part of the DORIS Group leads the global renewables business line, is delighted to announce the addition of David Robertson to the company’s management team. Supporting ODE’s London-Wimbledon corporate office and the new facility at The Exchange in Aberdeen, Mr Robertson will manage all aspects of the global Renewable’s business. Mr Robertson with over fifteen years in the industry, is a known professional and accomplished business leader with demonstrable success in delivering offshore wind projects and in developing and securing new business opportunities.  This experience includes working on both the developer and on the contractor sides of the business and geographically extends across involvement in the UK, Europe, Asia and North American offshore renewables markets. ODE’s offshore renewables experience commenced approximately 20 years ago, with the industry’s UK inception, and the company has gained extensive knowledge and helped shape best practises through all phases of project developments ever since.  This has been achieved either through technical and engineering support or through the provision of Owner’s Engineering related services.  The company’s international activities continue to grow, with new contract announcements expected shortly, and the company’s technical expertise extends from fixed to floating

Read More
© 2012+ P&G Media. CR. 5706994. Registered in England and Wales | Power and Energy Solutions is published by P&G Media