Power & Energy Solutions

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Technical Due Diligence helped secure €60 million from the European Investment Bank to become world’s first project-financed floating wind farm Oslo, Norway– 7th  November 2018 –DNV GL, the world’s largest independent energy advisory and certification body, has successfully completed a lenders’ technical due diligence on the 25MW Windfloat Atlantic project, the biggest floating wind farm in the Iberian Peninsula. The project is the first project-financed floating wind farm. The due diligence undertaken by DNV GL was instrumental in helping the project to secure the funding from the European Investment Bank which now has announced its intention to provide a €60 million loan to Portuguese company Windplus. The project, which is located about 20 km of Costa Viana do Castelo, Portugal is currently under construction and set to become operational in 2019. It consists of an array of three 8.4MW MHI Vestas turbines, the largest and most powerful wind turbines ever installed onto a floating foundation at sea. Each turbine will operate on a Windfloat floating platform, an innovative design comprising a moored semi-submersible platform. Working in close collaboration with the company behind the project, Windplus - a subsidiary of EDP Renewables (79.4%), Repsol (19.4%) and Principle Power (1.2%). DNV GL conducted an independent energy yield assessment and undertook

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 BELECTRIC and its subsidiaries PADCON and Jurchen Technology have been certified in accordance with the new ISO 45001 standard  Occupational health and safety management system successfully implementedKolitzheim, Germany – International solar and battery specialist BELECTRIC is a leader in the field of occupational health and safety: BELECTRIC is one of the first companies in Germany to receive a TÜV Nord certification in accordance with the new ISO 45001 for its occupational health and safety management system which was implemented earlier this year. The new standard replaces the British OHSAS 18001 standard. The main focus of the BELECTRIC occupational health and safety management system is to assess risks; delineate effective protective measures; promote awareness and train employees, and foster continuous improvement with the aim of creating a workplace environment designed to be safer and more secure. “Ensuring a safe and healthy working environment – both at the construction site and in the office – is particularly important for a plant manufacturer like us”, explains Ingo Alphéus, CEO of BELECTRIC Solar & Battery GmbH. “With this international certification, we are showing both our customers and our employees that occupational health and safety is a high priority for us, every day and all

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Munich, November 7, 2018 – The solar market is thriving, and demand for batteries is also rising steadily. Market researchers have predicted photovoltaics (PV) deployment of roughly 100 gigawatts (GW) for 2018. At the same time, the global market for batteries and fuel cells is already worth 5.5 billion euros and is forecast to exceed 81 billion euros by 2025. The industry’s impressive growth is fueling a boom in production. Everything points to a continuing upward trend in the coming years – prompting Intersolar and ees Europe to focus more closely on production technologies. In 2019, the two energy exhibitions will dedicate a whole hall to this topic for the first time. Exhibitors and trade visitors can learn all about PV and battery production technologies in hall C1 from May 15–17, 2019 in Munich. And at the Production Technologies forum, they will gain essential first-hand knowledge of the latest developments and innovations. Solar energy is playing an increasingly dominant role in the energy industry. Forecasts for 2018 anticipated that new solar power systems with a capacity of around 100 GW would be installed worldwide. The trade association SolarPower Europe even predicts that, within the next five years, more than 1,000

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Zug, Switzerland – November 8, 2018: Since Vattenfall commissioning the European Offshore Wind Deployment Centre (EOWDC) earlier this year, the Swedish energy group has been measuring important wind parameters with ROMO iSpin technology to monitor the performance of each of the eleven enhanced MHI Vestas V164 8MW class wind turbines. The iSpin equipment was installed as part of the turbine supply contract. “With iSpin technology, Vattenfall will be able to detect deviations in the power curve, allowing them to remedy the problem and minimise energy losses.” Brian Sørensen, CEO Romo Wind adds. With its advanced wind measurement capabilities including turbulence intensity, yaw misalignment and inflow angle measurements, in addition to wind speed and direction, the iSpin equipment is an enabler for load calculations and assessments as well as the optimization of the turbines in terms of wake effects. “The ability to capture value-adding data plays a significant role in the operational phase of a windfarm. The iSpin technology contributes to Vattenfall’s ability to actively control operational risks” Kevin Jones, Head of Aberdeen Bay, Vattenfall.

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− Report emphasizes Hanwha Q CELLS’ quality innovation efforts towards enhancing product reliability and engagement in eco-friendly business activities that reflect eco-friendly characteristics of PV industry − 2018 report introduces Hanwha Q CELLS’ corporate social responsibility,  addressing a range of social issues, including climate change, energy poverty, and fine dust [Berlin, Germany, November 7, 2018] Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL) (“Hanwha Q CELLS” or the “Company”), one of the largest solar cell and module manufacturers in the world, has published its Sustainability Report 2018 (the “Report”), which outlines the Company’s sustainability management activities, achievements, and future plans. Hanwha Q CELLS first began publishing its sustainability report last year as a mean to share its sustainability management activities with key stakeholders, such as shareholders, investors, customers, employees, suppliers, and local communities. The Report outlines the sustainability management efforts that are linked to Hanwha Q CELLS’ corporate philosophy of creating a sustainable future. In particular, Hanwha Q CELLS has focused on quality innovation efforts in enhancing product reliability, eco-friendly management activities, and its corporate social responsibility efforts that reflect the inherent strengths and characteristics of the PV industry. In order to ensure the reliability of the Report, it has been third-party verified by

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Leading independent provider of subsea equipment rental, sales and services to the offshore industry, Ashtead Technology Limited has today (7 November, 2018) announced that it has secured a global master lease agreement with a wholly-owned subsidiary of global oilfield services provider, Oceaneering International Inc. The agreement will see Ashtead offer Oceaneering’s range of ROV tools and systems for rental from its facilities in Aberdeen, Abu Dhabi, Houston and Singapore. Oceaneering is the market leading manufacturer of an extensive fleet of ROV equipment comprising of over 5,000 items, including torque tools and test jigs, flying lead orientation tools, hot stabbing equipment, cleaning tools and cutters. Allan Pirie, chief executive of Ashtead, commented: “This global master lease agreement compliments Ashtead's range of subsea tooling and now provides our customers access to a comprehensive line of market leading ROV products and enables us to deliver integrated ROV equipment packages. “As we strive to offer the most reliable, innovative and cost-effective solutions to the industry, this agreement, combined with our own comprehensive range of subsea tooling, allows us to better meet the needs and demands of our customers. “By collaborating with Oceaneering we provide additional access to their market leading ROV tooling product offering, backed by our regional sales

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To date, Ingeteam has supplied 140 MW to Chile for solar projects coming under theDistributed Generation by Small Power Producers (PMGD) program, which supports the execution of generation projects with rated powers of up to 9 MW. Distributed generation is an ongoing trend in Chile and in many other countries, accounting for one quarter of global investment in renewables in 2015. To promote the construction of projects of this type, the PMGD program gives PV plant owners the guarantee that they will be able to sell all their output to the electricity grid. Moreover, the National Energy Commission (CNE) allows these producers to choose between the sale of energy at either a marginal cost or stabilized price. In this latter case, producers are guaranteed stable prices that are higher than market prices, given the fact that these prices are calculated every six months by the CNE and are not subject to a time of day variation. In the past two years, Ingeteam has supplied its PV inverters for ten solar projects of this type and is now supplying fourteen of its Inverter Stations with 1500V technologyfor seven solar PV plants that are being built by Grenergy, a company that also decided to

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Kahl am Main/Shanghai, 07 November 2018 – During the International Import Expo Show (CIIE) in Shanghai, China, SINGULUS TECHNOLOGIES today signed a further letter of intent (LOI) for the delivery of more than 10 production machines for the manufacturing of 300 MW of CIGS thin-film solar modules. After China National Building Materials, Peking (CNBM) signed already yesterday an agreement for the expansion of the manufacturing site in Bengbu, Province Anhui, today another agreement was signed for 300 MW manufacturing capacity for the city of Xuzhou in the province Jiangsu. The volume will amount also to a high double-digit million Euro amount. With this further agreement during the last two days a capacity for 600 MW was signed. During the International Import Expo Show in Shanghai also a LOI was signed for the delivery of the missing five CISARIS selenisation furnaces for the second production site Meishan, province Sichuan. SINGULUS TECHNOLOGIES is discussing with the costumer the final contracts for the delivery of the machines. Production and delivery of the machines should take place during 2019 and 2020. Dr.-Ing. Stefan Rinck, CEO of the SINGULUS TECHNOLOGIES AG, comments: “These new contracts, which our company signed for the delivery of large production machines for the manufacturing

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Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) received the first order for its latest generation Wafer Inspection System, the WIS-08 shortly after launching the platform in the market. A leading PV manufacturer from China has ordered a total of 20 tools developed by Meyer Burger’s subsidiary, Hennecke Systems GmbH, to ensure reliable quality control of solar wafers. Delivery of the equipment will start this year. Leading technology for quality control of solar wafers With the WIS-08, presented for the first time at the international SNEC exhibition in Shanghai in June 2018, Meyer Burger again reinforced its technological and market leadership in the quality control of solar wafers. Today, around 80 percent of all solar wafers worldwide are inspected by Hennecke systems. Optimized uptime, highest throughput and improved test quality set a new benchmark for performance and productivity. The WIS-08 examines micro-cracks, inclusions, saw marks, defective edges, thickness variation and other parameters of the silicon wafers for the photovoltaic industry with exacting precision and sorts them into quality classes. Transflection technology is also a standard feature in the WIS-08 and the InGaAs cameras can detect even the smallest μ-cracks. The next generation WIS-08 is compatible with diamond wire and slurry cut wafers and

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Santa Fe Springs, California – November 6, 2018 - Trojan Battery Company, LLC, the world’s leading manufacturer of deep-cycle energy storage solutions, announced today that its current majority owner, an affiliate of Charlesbank Capital Partners, has reached an agreement with C&D Technologies, a portfolio company of KPS Capital Partners, for C&D Technologies to acquire Trojan. This acquisition will combine two leading battery manufacturers with complementary product portfolios to create one of the largest energy storage providers with over $1.0 billion of revenue, eight manufacturing facilities and a presence in every major region. The transaction is expected to close in approximately 60 days. “Trojan Battery is an industry leader with a great heritage and an amazing team of employees,” said Neil Thomas, president and CEO of Trojan Battery. “I’m excited about the agreement with C&D and believe that it will secure the company’s future and position it for even greater success in the years ahead.” The Godber family started Trojan Battery in 1925 and built it into one of the leading deep-cycle battery manufacturers in the world.  “I am enthusiastic about the transaction that is taking place with KPS and C&D,” said Rick Godber, Chairman of the Board.   “Although this will end 93 years

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