Power & Energy Solutions

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29 November 2017 – Turn-key offshore wind measurement company confirms deployment with one of the biggest energy Utilities in Poland. EOLOS FLS200 commissioned at Baltic Sea Offshore Wind Farm. In a competitive tender EOLOS secured contracts to deploy the EOLOS FLS200 floating Lidar, purpose designed for the offshore industry incorporating the leading ZephIR 300M wind Lidar ensuring the highest levels of accuracy in wind measurements. Requiring minimum time for installation and re-deployment the floating device provides cost effectiveness in both project CAPEX and OPEX. The campaigns commence November 2018 and wind measurements will last for two years. Data collected shall support the development of the un-disclosed Wind Farm with capacity for over 1GW. Recently appointed Sales Director Julian Harland commented: “We are very proud to have been selected for this opportunity, allowing us to deliver, on time, our award-winning solution to a new geographic market for the company – the Baltic Sea. This combined with our project experience in the Western Europe, industry recognised validation by The Carbon Trust complements our plans to expand in to both US and Asia with a credible track record. That said, organic growth is key for me in the near term and execution performance is the team´s

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The independent maintenance provider Deutsche Windtechnik has been honoured by two of its largest clients for the quality of its services. At its supplier day event on 22 November 2017 in Essen, Germany, the energy supplier innogy presented Deutsche Windtechnik with the 'innogy supplier award' in the Quality Global category for its international cooperation with innogy. In a ceremony at its Glasgow headquarters on 9 November, leading British wind farm developer ScottishPower honoured Deutsche Windtechnik Ltd. from among some 3,500 suppliers in the Delivery of Services category as the company's best supplier during the last year. In his laudation, Michael Veeser, Head of innogy Corporate Procurement Renewables, said, "The value created by our suppliers is of the utmost importance for innogy. We have a very close working relationship with Deutsche Windtechnik that is characterised by daily communication at various levels. The constant exchange enables both companies to pursue our ongoing internationalisation and to tap into portfolio synergies, new markets and technologies as far as possible. We are greatly looking forward to continuing our cooperation in the future." Matthias Brandt, Board Director of Deutsche Windtechnik, said during his acceptance speech: "Substance and a common spirit form the foundation of our jointly

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WindGEMINI online digital twin software gives users 24/7 access to advanced wind turbine condition and performance analytics, enabling better informed decisions Software can be used to monitor any turbine, regardless of its make or model to increase production and assess turbine operating life Tool is built on 25 years of wind turbine design experience and on the analysis of more than 50 GW of global onshore and offshore wind plants Amsterdam, The Netherlands – 29 November 2017: DNV GL, the world’s largest independent energy advisory and certification body, has launched WindGEMINI, its first online digital twin online tool giving wind farm owners and operators advanced insights into turbine condition and performance, enabling better informed wind operation decisions. The WindGEMINI framework is based on digital twin technology, equipping users with digital copies of their wind turbines which are continuously updated in real-time, making use of the stream of information received from turbines and wind farm sensors, to reflect the real conditions experienced by the turbines on site. WindGEMINI gives owners and operators 24/7 access to key metrics and advanced analysis to understand the performance, condition and remaining life of a turbine and its components. This knowledge can be used to optimise servicing, inspections

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• The company will install 113 SG 8.0-167 DD turbines at three offshore wind farms Siemens Gamesa Renewable Energy (SGRE) has been selected today by Vattenfall to supply close to 1 GW at three offshore wind power plants being developed in Danish waters. Specifically, the company has signed today an agreement with Vattenfall for the supply 72 SG 8.0-167 DD turbines at the Danish Kriegers Flak offshore wind project –with a total capacity of 600 MW. This will be the largest offshore wind power plant in the Baltic Sea. The ceremony of the signature of this agreement has taken place today at WindEurope international trade fair, with the presence of Markus Tacke, CEO of SGRE, and Andreas Nauen, Offshore CEO of SGRE. From Vattenfall, Gunnar Groebler, Senior Vice President of Business Area Wind, and Michael Simmelsgaard, Head of Offshore Wind, have attended. The installation of the turbines is scheduled for February 2021 and the commissioning for the end of that same year. In addition, Siemens Gamesa has also been selected as preferred supplier by Vattenfall for the supply of the turbines, for both Vesterhav North (180 MW) and Vesterhav South (170 MW) located nearshore at the west-coast of Denmark in the North Sea with a

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As concerns about increasing home energy costs continue, ABB expects to see stronger demand from ‘Prosumers’ in 2018 for smarter solutions to manage energy usage. With 80 percent of consumers now owning at least one smart home device and over a third (36 percent) investing in energy management technology to provide greater control of their energy usage*, the rise of the prosumer highlights one of the most exciting trends in renewable energy, with ABB predicting even greater competition and innovation in the energy sector for 2018. ABB believes that it is this desire to harness energy and use it only when required that will lead to increasing demand in 2018 for solar inverters with integrated energy storage, control and smart features, like its UNO-DM-PLUS inverter and REACT, that enables consumers to store excess energy for use it when it is most needed. These 'prosumers’, who install solar photovoltaic (PV) and energy storage solutions, will look to maximize self-consumption. Research by IHS Markit™ **predicts that the rate of self-consumed power will increase to more than 2.5 percent of total final electricity consumption in Germany, Italy and the United Kingdom by 2020, with more than 25 TWh of electricity being generated and self-consumed

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Hornsea Project One will be the biggest windfarm in the world All foundation contracts (monopiles and transition pieces) now in place Around 50% of the transition pieces will be manufactured in Teesside Over 60% of the transition pieces will be loaded out from Teesside Ørsted has confirmed today that around 50% of the transition pieces for the world’s biggest windfarm will be manufactured in Teesside, another excellent example of how offshore wind is helping deliver the UK’s Industrial Strategy by working with businesses in places across the country to achieve clean growth for the UK. Thanks to orders from Hornsea Project One, around 150 Teesside jobs will be safeguarded. With a capacity of 1.2GW the 174-turbine project will be the first windfarm with a capacity of over 1GW, capable of supplying well over one million homes. Transition pieces link the monopile foundations of offshore wind turbines with the towers, incorporating key infrastructure to access and maintain the windfarm. Each one weighs 400 tons, around five times as heavy as a space shuttle. EEW Special Pipes Constructions GmbH (EEW SPC), who are providing all 174 monopile foundations, will supply 30 transition pieces which will be manufactured at EEW Offshore Structures (Britain) Ltd (EEW OSB), in

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Hamburg-based shipbroker GRS continues to forge ahead with its growth strategy by establishing a new branch office. Growth continues unabated. Now GRS is not just supporting its clients from its Hamburg headquarters, but also from its office recently established in Atlanta. “The new US office is an important step for us as part of our growth strategy,” explains Matthias Mross, GRS Managing Partner. The decision to set up this branch abroad and at a new continent is another real milestone for the company geared towards international business. From Atlanta Alexander Gentsch will continue to extend the excellent network in the USA, the Gulf of Mexico Area and the Caribbean Sea for the European specialist shipbroker. “Being close to our clients and ship owners is of primary importance for us. Now they can benefit from very close collaboration and personal support in the US as well.” emphasizes GRS Managing Partner Philippe Schönefeld. Through a steady process of development for both the company and its service portfolio, GRS has become the European market leader in offshore renewable energy within a very short time span. About GRS: Established in 2011, GRS is the first independent specialist shipbroker for charter, purchase and sales of offshore tonnage and equipment in

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New delivery contract for production machines signed First PVD coating machines for HJT ordered Contract includes SILEX II processing line Kahl am Main, November 27, 2017 - The SINGULUS TECHNOLOGIES AG (SINGULUS TECHNOLOGIES) continues to be successful in marketing production equipment for the manufacturing of heterojunction (HJT) high-performance solar cells. A few days ago, a delivery contract for a production line of the SILEX II type as well as the delivery of the new cathode sputtering system under the product name GENERIS PVD was signed. The still pending prepayment for this order is expected to be received shortly. New GENERIS PVD with high reproducibility and highest efficiency with low operating costs. SINGULUS TECHNOLOGIES has already assembled and delivered numerous vacuum coating machines for the use in the solar industry. With the new GENERIS PVD sputtering system SINGULUS TECHNOLOGIES transfers its know-how of these coating machines to the work area of heterojunction. The solar cells are automatically conveyed through the process chambers and are coated on both sides. The GENERIS PVD ensures a high level of uniformity in terms of layer thickness amid a level of reproducibility of the layer with highest efficiency and low operating costs. The GENERIS PVD was specifically

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Munich, 27 November 2017: BayWa r.e., a leading global renewable energy developer, service supplier, wholesaler and energy solutions provider, has sold its remaining portfolio of UK solar farms, totalling 75MW, to Greencoat Solar II LP, managed by Greencoat Capital. The portfolio includes the 45MW Bann Road solar farm, the largest solar farm realised so far in Northern Ireland and on the island of Ireland. It has a 15-year power purchase agreement (PPA) in place with SSE Airtricity, Northern Ireland’s second largest energy utility. The portfolio also includes six solar farms spread across England and Wales totalling 30MW. In all cases, BayWa r.e. will continue to provide ongoing expert operations and maintenance services to ensure maximum availability and yield optimisation of the plants. “We are extremely pleased to see our well-established relationship with Greencoat continue with the sale of these solar farms”. Comments Matthias Taft, Board Member of BayWa AG, responsible for the energy business. “We have established a highly desirable reputation for acquiring and developing some of the most successful renewable energy projects in Europe and through our operation and maintenance teams, ensuring they continue to operate at peak efficiency. This makes us attractive to developers looking to partner and investors looking to

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Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) (the “Company”) announced today that it is launching a voluntary incentive offer to holders of the CHF 100 million 5.5% convertible bonds due 2020 issued by the Company (the “Bonds”) (the “Incentive Offer”). The Bonds, bearing ISIN number CH0253445131 and Ticker-Symbol MBT14, were issued on 17 September 2014 and amended by majority vote at a bondholder meeting on 25 November 2016. Acceptance of the Incentive Offer will allow Meyer Burger to save future interest payment and to convert the corresponding liability into equity early without incurring any additional dilution compared to a conversion after the next coupon payment date which is likely based on the current trading of the Bonds and the Shares. As further set out in the official offer document dated 27 November 2017, the Company offers to pay a cash incentive of CHF 250 per CHF 5,000 principal amount of the Bonds to holders of the Bonds who elect to exercise their right to convert their Bonds into Meyer Burger registered shares (“Shares”) at the prevailing conversion price in accordance with the terms and conditions of the Bonds (the “Terms of the Bonds”) during the period starting today and ending

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