Power & Energy Solutions

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Ingeteam has supplied 72 solar inverters for Naturgy's photovoltaic project in Chile. Over the next few months, Ingeteam is set to perform the commissioning work and will be responsible for providing the subsequent O&M services for this project with a power capacity of more than 100 MW. November 3, 2020. Ingeteam has supplied 72 PV inverters for a photovoltaic project that is being constructed in Chile, owned by Global Power Generation (GPG), the international power generation subsidiary of the Naturgy group. Over the next few months, the company is set to perform the commissioning work and will also be responsible for the provision of the operation and maintenance services at both plants, totaling a power capacity of more than 100 MW. This project comprises two plants, San Pedro I and San Pedro IV, with 48 MW and 60 MW respectively, located in the heart of the Atacama desert. Given that this is the most arid desert in the world, with harsh climatic conditions, this project has been a real technological challenge.

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FREMONT, Calif. — November 2, 2020. SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the third quarter ended September 30, 2020. Third Quarter 2020 Highlights Revenues of $338.1 million Revenues from solar products of $312.5 million GAAP gross margin of 32.0% GAAP gross margin from sale of solar products of 34.1% Non-GAAP gross margin from sale of solar products of 34.8% GAAP net income of $43.8 million Non-GAAP net income of $65.9 million GAAP net diluted earnings per share (“EPS”) of $0.83 Non-GAAP net diluted EPS of $1.21 1.45 Gigawatts (AC) of inverters shipped “Our third quarter results reflect significant growth in Europe, despite the current economic slowdown caused by the global pandemic,” said Zivi Lando, CEO of SolarEdge. “Our solar business outside the U.S. reached an all-time high and the U.S. market is showing signs of return to pre-pandemic installation levels. In our non-solar business, our e-Mobility team is gearing up to deliver to our customer the first significant batch of full powertrain solutions for assembly in electric vehicles in the fourth quarter. In addition to continuing to generate significant cash from operations this quarter, we raised $618 million, net

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SolarEdge announced today the release of its Sustainability Strategy and 2025 Goals and Targets. The new goals support and accelerate the company’s commitment to shaping the future of sustainable energy production, energy storage and e-mobility, and accelerating the transition to affordable clean energy though innovation. SolarEdge’s sustainability goals focus on: Powering clean energy, including a commitment to powering 2.5M homes with clean energy by 2025 and the production of at least 30,000 GWh renewable energy produced by SolarEdge systems between 2020-2025. Powering people, including the promotion of gender parity and equal pay, and the establishment of a global signature community program with measurable community impact. Powering business, including a 30% reduction in GHG emissions per $million revenue (baseline 2020), near-zero e-waste to landfill, analysis of the life cycle of key products as a basis for planning carbon efficiency improvements, and improvement of the ethical sourcing of key raw materials. SolarEdge’s new Sustainability Strategy, Goals and Targets are part of a deliberate focus by the company’s leadership to make sustainability a core part of all decision-making processes and in doing so, augment positive impact on people, society and the environment. The strategy was developed based on a critical assessment of the company’s capabilities

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Vöcklamarkt, 02 November 2020. The Austrian company BlueSky Energy developed a new battery storage for outdoor installation. The outdoor storage system named Vigos is designed to operate in temperatures from minus 30 degrees Celsius to plus 50 degrees Celsius and withstands rain, snow and frost. The device is scalable from 18 to 96 kWh and is delivered ready for connection. Durable and safe "BlueSky Energy stands for safe power storage," explains managing director Thomas Krausse. He adds: "While our established GREENROCK saltwater batteries are suitable for constant energy supply, Vigos expands our portfolio for outdoor installations in even more extreme temperature ranges. The new all-weather battery has been especially developed for applications where a lot of power is required in a short time." Vigos has a service life of up to 20,000 cycles. Due to its high performance and cycle stability one can charge and discharge it several times a day. BlueSky Energy offers a ten-year warranty. Vigos is compatible with the company's GREENROCK saltwater storage systems. From private homes to agriculture and the hotel business Vigos cuts peak loads and charges electric vehicles out of the batteries within a very short time. The high charging and discharging performance with a C-rate of up to

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Hamburg, 02 November 2020 – 2020 is a crisis year, yet the wind industry comes across as rather stable, compared to many other sectors: The mood in the global wind industry is increasingly seen in a positive light.  The future of offshore wind energy in particular has received very optimistic assessments, with best-ever results for Europe, and in particular, Asia. Following some extremely negative values in autumn 2019, the mood in the German wind industry is slowly recovering, as well. While the mood about the onshore wind segment continues to be restrained despite a marked improvement, the future prospects for the offshore wind industry in particular are now being seen as positive. Furthermore, the coronavirus pandemic doesn’t seem to have a major impact on the optimistic expectations for the coming years: a majority of respondents either believe that the pandemic has no effect on the wind industry at all, or that it actually affects it in a positive manner. Digitalisation and the production of green hydrogen are believed to harbour additional growth potential. These are some of the results of the new WindEnergy trend:index (WEtix) which has been prepared twice every year since 2018 by WindEnergy Hamburg, the global onshore and

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LONGi Solar,  world leading solar technology company headquartered in Xi’an, (China), has signed a new commercial agreement to distribute its high quality and reliable modules in northern European markets, through PV wholesaler EWS, based in the north of Germany. Founded in 1985, EWS is one of the leading wholesalers specialising in PV energy in the north of Germany and Scandinavia. EWS requires the highest levels of quality in the components that it sells and as a result, collaborates exclusively with internationally recognised manufacturers. With a growing order book, EWS has been searching for an innovative module manufacturer with whom to establish a long-term partnership and found the solution in LONGi Solar. The outcome of this agreement has been the inclusion of different versions of two modules from the Hi-MO4 series in the EWS catalogue, suitable for residential and commercial projects. The Hi-MO4 series, launched onto the market in 2019, is based on the 166mm M6 wafer that incorporates mono-PERC and half-cell technologies, which give the Hi-MO4 module more power, better efficiency and greater reliability. Since its creation in 2000, LONGi Solar has positioned itself as one of the solar industry leaders and is recognised as the most important solar technology company in the

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The technical Due Diligence evaluated twelve wind farms totaling 487.3 MW in Spain   Madrid, Spain, 2 November 2020 - DNV GL, the world's largest resource of independent energy experts and certification body, today announced it has supported CI III Monegros Energy Holdco in refinancing its portfolio of twelve wind farms with a capacity of in total 487.3 MW by providing technical advisory services to a consortium of six lenders. The aim of the due diligence review provided by DNV GL has been to refinance the assets at Commercial Operation Date (COD). “Mobilizing finance for investment and innovation in low-carbon energy is a key challenge for climate change mitigation. Successful refinancing of renewable energy projects requires a better understanding of the relationship between different types of finance offerings and their willingness to invest in renewables energy. Financial actors vary considerably in the composition of their investment portfolio, and the technologies they favor. Our deep technical knowledge allows us to support customers as a trusted partner during investments as important as this,” commented Andreas Schröter, Executive Vice President Advisory CEMED at DNV GL - Energy. DNV GL’s team of experts carried out an independent analysis of the wind regime and energy production of the

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(BOSTON; October 30, 2020) – Boston-based Sea Machines Robotics, a leading developer of autonomous systems for ocean-going vessels announced today that it has accomplished its full $20M investment goal with a second close of $5M. The company announced the first close of $15M in July. This latest close includes follow-on investments by the Brunswick Corporation and their investment partner TechNexus, Toyota AI Venturesand NextGen Venture Partners. Sea Machines also welcomes a new investor, Dolby Family Ventures of San Francisco. “We set the goals for this round in March and with this now accomplished we find ourselves in a great position to focus on execution and scaling by growing our team, expanding our product sales and furthering our advanced technology,” said CEO Michael G. Johnson, Sea Machines. “Market adoption of our autonomous and remote command products is well underway and over the next year we will be delivering new cutting-edge technical features, including computer vision for domain sensing and advancements in decision support.” Sea Machines’ autonomous systems serve the modern mariner. They markedly increase productivity of vessel operations by assuming active domain perception and navigation duties. A Sea Machines’ system works under the command of a human operator and – by taking on the long

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As this unprecedented year of operation continues to unfold, Miros brings together independent industry experts and customers alike for a series of webinars exploring a range of topics relevant to those working within the rapidly expanding global offshore wind market. Tuesday 3rd November, 1500CET Significant Wave Height: How Real-Time, Localised Data Enhances Operational Safety, Efficiency & Performance Guests from Bibby Marine Services and Red Ensign Solutions discuss the benefit of real-time wave data for various stakeholders in offshore wind. Register: https://info.miros-group.com/how-real-time-localised-data-enhances-operations Wednesday 4th November, 1500CET Miros Cloud: Easy, Secure Access to Sea State Data Miros provides easy and secure access to real-time, local sea state data through Miros Cloud. In this session, we’ll explore the technology, security and functionality of the platform. Register: https://info.miros-group.com/easy-secure-access-to-sea-state-data

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FIMER is entering the race for Electrical Vehicle (EV) chargers with the launch of a comprehensive new portfolio of residential and commercial chargers. With Electric Vehicles (EVs) expected to account for an estimated 30 percent of global vehicles by 2025, FIMER, the world’s fourth largest solar inverter manufacturer, has unveiled its new portfolio of AC and DC charging stations and wallboxes, designed for use in residential and commercial applications. Commenting on the launch Gaetano Belluccio, FIMER’s managing director of e-mobility, said: “We are proud of our strong track record in harnessing the power of the sun for sustainable energy. The introduction of our new EV solutions marks a step forward in our ambition to drive a new era for e-mobility. It builds on our proven credentials in the EV sector, where we have already installed more than 30,000 solutions since 2017.” Based on FIMER’s experience in the sector, the new portfolio has been developed to respond to customers’ needs and includes purpose-built solutions which deliver high charging outputs and outstanding levels of efficiency and flexibility. For residential applications, the company introduces its new FIMER FLEXA AC Wallbox, a wall or stand mounted charger, which is available in three different models: Stand Alone, Future Net

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