Power & Energy Solutions

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Low-loss transmission of wind energy for 1.1 million households Further contribution toward decarbonizing energy supplies Siemens Energy is supplying the high-voltage direct-current (HVDC) power transmission technology for a further offshore connection in the German North Sea. A corresponding contract was just signed by the German-Dutch network operator TenneT and the BorWin5 Offshore Consortium, consisting of Siemens Energy and Dragados Offshore. In 2025, the platform BorWin epsilon, which is part of the BorWin5 project, will begin the low-loss transmission of electricity produced by the EnBW He Dreiht wind farm off the island of Borkum to the Garrel/Ost converter station around 230 kilometers distant. The transmission capacity of 900 megawatts is calculated to serve over 1.1 million households with electricity. The project is a further contribution toward decarbonizing Germany’s energy supply. BorWin5 marks the seventh HVDC offshore grid connection project undertaken by Siemens Energy in Germany with TenneT. “We are especially pleased that we can again join with TenneT to make an important contribution to the decarbonization of Germany’s energy supply. The seventh order in the German North Sea underscores the great confidence in our HVDC technology,” emphasizes Beatrix Natter, Executive Vice President of the Transmission Division at Siemens Energy. “When DolWin6 and

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·        YoY revenues up by 11.9% to EUR 8.882 million in Q2 2020 due to outstanding power production, O&M services in Europe and EPC business in Australia, boosting EBITDA by 14.8% to EUR 4.035 million ·         The Company has passed the 60 MWp mark for its proprietary portfolio and started construction on projects with a combined capacity of 28.7 MWp in Australia and Hungary ·         After the reporting period, the Company submitted the prospectus to the Dutch financial market regulator (AFM) in order to move the listing of its shares to the regulated markets of the Warsaw and Prague Stock Exchanges   Amsterdam – 12 August 2020 – Photon Energy N.V. (WSE: PEN, the 'Group' or 'Company') today announced financial results for the second fiscal quarter, ending 30 June 2020, posting consolidated revenues of EUR 8.882 million, up by 11.9% YoY, and EBITDA of EUR 4.035 million, up by 14.8% YoY. ‘Even though the second quarter was not without challenges due to the ongoing COVID-19 pandemic, we are proud to have delivered a strong operational performance in all of our businesses and to report the best second quarter in terms of revenues and profitability in the Company’s history,’ commented Georg Hotar, CEO of Photon Energy

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Sales double to EUR 2.0 billion in first half of the year COVID-19 impacts earnings: EBITDA of EUR -70.8 million Installations rise significantly to 2.3 gigawatts Syndicated loan from guarantee program to protect Nordex from the effects of COVID-19 Refinancing of promissory note secured ahead of schedule Sale of European project development business agreed Hamburg, 13 August 2020. The Nordex Group (ISIN: DE000A0D6554) has doubled its sales year-on-year to EUR 2.0 billion in the first half of 2020 (H1 2019: EUR 990.8 million). This rise is due to the significant increase of the activity level. Gross revenue, which also includes changes in inventories, grew to EUR 1,990.0 million (H1 2019: EUR 1,603.6 million). The effects of the COVID-19 pandemic became clearly noticeable in the operational business of the second quarter. As a result, earnings before interest, taxes, depreciation and amortization (EBITDA) fell to EUR -70.8 million (H1 2019: EUR 17.1 million); this corresponds to an EBITDA margin of -3.5 percent (H1 2019: 1.7 percent).

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Machine Learning Software Optimizes Solar Plants for Proven Financial, Performance Gains FREMONT, Calif. USA, August 12, 2020 — Nextracker™, a Flex company, announced today that D. E. Shaw Renewable Investments (DESRI) will be upgrading its entire solar fleet that uses Nextracker’s smart solar trackers with TrueCapture™ energy enhancement and NX Navigator™ monitoring software. Through machine learning and real-time data analytics, Nextracker software continues to enhance plant performance with new features that deliver proven financial benefits and production gains. Launched in 2019, NX Navigator helps power plant operators to efficiently monitor and control their solar assets across a wide range of weather conditions including hail, snow, high winds, and hurricanes. Nextracker’s TrueCapture software solution optimizes the performance of PV systems by employing robust data analytics, advanced algorithms, and angle adjustments based on real-time conditions in the field. As an initial adopter of the technology, DESRI has played a key role in helping Nextracker optimize the software and develop new monitoring and control platforms like NX Navigator. “As an early adopter of TrueCapture three years ago, we benefited from increased energy yield production, lower operating costs, and better availability,” said Bryan Martin, Executive Chairman of DESRI. “Nextracker keeps adding functionality designed to further optimize our projects and is highly responsive to the input

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AI technology is anticipated to have profound implications for the operation of electric transmission and distribution networks  August 12, 2020 – Boulder, Colo. – A new report from Guidehouse Insights examines the current landscape for artificial intelligence (AI) technology solutions for electric transmission and distribution (T&D) network management, providing global market forecasts by region and application through 2029. AI technologies for T&D management can help utilities minimize outages, make mobile workers more effective, improve load planning, manage real-time power quality, perform predictive asset maintenance, and more. In many applications, the superior insights derived from machine and deep learning solutions can reduce costs, improve reliability and service quality, and enhance efficiency throughout the grid. Click to tweet: According to a new report from @WeAreGHInsights, the market for AI-based solutions for T&D network management is estimated at $1.4 billion in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 14.1% to more than $4.4 billion in 2029. “AI technology has profound implications for the operation of T&D networks,” says William Hughes, principal research analyst with Guidehouse Insights. “Utilities will likely become increasingly dependent on AI-based solutions to incorporate distributed energy resources (DER) at an accelerating pace while maintaining acceptable performance

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Solar Leader Empowers Attendees with Access to Integrated Storage Experts and Resources ROCKLIN, Calif. – August 11, 2020 – SMA Solar Technology is pleased to join industry leaders at the ESA Energy Storage Annual Virtual Conference & Expo hosted online August 24–27, 2020. As energy storage continues to gain market share in the United States, SMA is ready to showcase energy solutions in a virtual format. Video content and downloadable materials will be available in the SMA America booth on the conference website. The company will also have experts on hand virtually to discuss its solutions for integrating renewable energy into the grid as well as technologies for advanced grid support. Information will be featured about the company’s flexible service solutions for asset management, spanning from spare parts supply to preventative maintenance, plant-wide O&M and repowering solutions. With the simple click of a button, virtual attendees can initiate a conversation. This year at ESA, SMA will collaborate with Dynapower, an industry leader in creating power electronics solutions. SMA and Dynapower will showcase several collaborations, including technology for both AC and DC coupled storage applications. Additionally, SMA will participate in a virtual education session with Dynapower to break down the merits of

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Shenzhen/Munich, August 12, 2020 – BYD Co. Ltd., one of the world’s largest manufacturers of rechargeable batteries, announces the compatibility of the energy storage system Battery-Box Premium HVM with the Symo Hybrid inverter series by Austrian Solar energy expert Fronius Solar Energy. The compatibility of the Battery-Box Premium HVS & HVM lines with Fronius Symo GEN24 Plus will follow soon. BYD and Fronius have been cooperating successfully since 2017. The partners provide customers in the European and Australian market with highly efficient energy and energy storage solutions for both residential and light commercial applications. Together, the BYD Battery-Box Storage system and the Fronius Symo Hybrid inverter offer maximum independence with a three-phase emergency power supply. The combination of BYD’s Battery-Box storage system with the Symo GEN24 Plus inverter enabled Fronius to secure the 2020Intersolar AWARD. In addition to the inverter’s features, such as simple installation and commissioning, its sustainable service concept, as well as demand-oriented back-up power variants and the innovative active cooling concept, the expert jury was impressed by the maximum system efficiency in conjunction with the BYD Battery-Box high-voltage storage system. “We value Fronius as a longstanding partner with high expertise and quality standards”, said Julia Chen, Global Director BYD

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Santander, 11 August 2020.- BlueSATH floating wind platform has been installed and commissioned in its final deployment site in El Abra del Sardinero (Santander, Spain). The Spanish engineering company Saitec Offshore Technologies has set off towing operation from Astander’s Dock Pontejos, where it was tied up for its set-up, towards its destination 800 meters away off Cantabrian coast. Then, the already-laid mooring lines were retrieved from the seabed and the platform hook-up was accomplished in less than 3 hours. Finally, commissioning offshore has successfully been completed so the turbine is ready to operate. Testing will take place in real sea environment with the deployment of a 1:6 scaled prototype of a 10 MW wind turbine using SATH floating technology, (Swinging Around Twin Hull) an innovative, competitive and cost efficient solution for offshore wind industry which has been validated in several water tank tests since 2014. The location in El Abra del Sardinero has been chosen due to its ideal characteristics to carry out the tests as it offers scaled conditions that perfectly adapted to BlueSATH platform. David Carrascosa, CTO Saitec Offshore Technologies, has commented that this is "the definitive step to test the technology in real conditions". He has also affirmed that

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ArcVera Renewables, a leading international provider of consulting and technical services for wind, solar, and storage projects, has received continued accreditation under recognized International Standard ISO/IEC 17025:2017 from the American Association for Laboratory Accreditation (A2LA) for ArcVera’s wind turbine power performance testing (PPT) services (Certificate Number 5339.01).  A2LA is one of the largest accreditation bodies in the world and is dedicated to the formal recognition of competent testing and calibration laboratories. This accreditation, which certifies the quality of ArcVera’s wind turbine PPT processes and the competence of its quality management system, is another critical milestone for the company.  With A2LA accreditation achieved, ArcVera can now pursue its IECRE accreditation, which the company expects to receive shortly. As well, earlier this year, ArcVera acquired provisional accreditation to test GE wind turbines and is expecting to receive full accreditation pending successful completion of a customer test on GE turbines. “We are proud of our power performance testing development team for achieving this important milestone, which underpins the quality and hard work they have put in.  We now look forward to performing additional tests on GE wind turbines, achieving IECRE accreditation, and offering testing services on other OEMs’ wind turbines,” said John Bosche, President of

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Arnhem, The Netherlands – 11th August 2020 – DNV GL today published a new report outlining how the energy transition can be accelerated through the rapid uptake of renewable energy to limit global warming to 1.5°C. Global experts from across technology, policy, markets and financial disciplines, as well as industry leaders including RES, Equinor and Vestas contributed to the report, outlining their strategies to accelerate the global energy transition and defining what needs to happen to meet the 2050 climate goals under the Paris Agreement. The recent coronavirus crisis has demonstrated the resilience of renewable energy sources, demonstrating the maturity of this generation form. By 2050, DNV GL forecasts that 66% of the world’s electricity will be generated from renewable energy sources. Thanks to the continuously decreasing cost of energy for onshore and offshore wind projects, and the availability of lower cost and more efficient solar modules, combined with advanced energy storage solutions, DNV GL predicts another significant rise in renewables deployment this decade. However, although a promising prospect, this will not be enough to meet the Paris Agreement target of keeping global warming well below 2°C by 2050. The report “Transition Faster Together: Renewable solutions, strategies and policies for a clean energy future”,

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