Power & Energy Solutions

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In accordance with the measures taken by the Swiss Federal Council to contain the spread of coronavirus, the 20th ordinary General Meeting of Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) was held on May 13, 2020 at the company’s headquarters in Thun, without any of the shareholders being physically present. 232'256’247 registered shares were represented by the independent voting proxy, corresponding to about 34% of the share capital entered in the commercial register. At today’s ordinary General Meeting in Thun, the shareholders of Meyer Burger Technology Ltd approved all proposals of the Board of Directors: The General Meeting of Shareholders approved the management report, the annual financial statements and the consolidated financial statements for the 2019 financial year. The 2019 remuneration report was approved in a consultative vote. The General Meeting of Shareholders approved the appropriation of the net result and granted discharge to the members of the Board of Directors and the Executive Board for the 2019 financial year. Current Board members Dr. Franz Richter and Andreas R. Herzog were  re-elected by the General Meeting. Mark Kerekes and Urs Fähndrich were newly elected to the Board of Directors. Dr. Franz Richter was chosen as the Chairman of the Board

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Offering an industry leading product guarantee period for single-glass modules London, 12 May 2020 – Sharp Energy Solutions Europe has extended the product guarantee retroactively from 10 to 15 years for its solar module types NUJB, NUJC, NUAC, NUJD and NDAF. The new guarantee is valid for products delivered to the end user from 1 April 2020 onwards. The 15-year limited product guarantee, which starts on the delivery date to the end user, is now offered across the entire NUJB, NUJC, NUAC, NUJD, NDAF series for modules installed in the European Union and in the countries of Albania, Bosnia and Herzegovina, Iceland, Israel, Liechtenstein, Northern Macedonia, Montenegro, Norway, Serbia, Switzerland, Turkey, Ukraine and the United Kingdom. The increased product guarantee period is industry-leading for single-glass modules and the guarantor is Sharp Electronics GmbH in Hamburg, Germany, where the local service team is based. Klaus Schaefer, Manager of Solar Service Support Department at Sharp says, “We are confident in the reliability and durability of our products and this new 15-year product guarantee shows our commitment to support both our existing and prospective customers long-term with quality Sharp products. This new guarantee will also give our customers across the European Union and thirteen additional countries the

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Increasing import costs, fall in electricity consumption and indefinitely postponed auctions are likely to impact the momentum of the Brazillian solar PV sector, with the annual installed capacity expected to decline to 0.7GW in 2020 from 1.3 GW in 2019, says GlobalData, a leading data and analytics company. The weakening of the Brazilian economy due to the pandemic is causing an increase in import costs, which would impact the viability of projects that have secured financing. The slowing of the economy will make it difficult for the developers to close the financing deals and stall the market growth. A big driver of the solar PV market in Brazil is the A-4 and A-6 auctions, which of late, have resulted in substantial PV capacities being contracted. The government’s strategy, before the COVID-19 outbreak, was to implement the A-4 public auction in the first half of 2020 and the A-6 auction in the second half and to repeat the same in 2021. With the outbreak of the pandemic, these auctions are to be held when normalcy is restored, which is hard to predict. Somik Das, Senior Power Analyst at GlobalData, comments: “Brazillian solar PV developers generally procure most of the PV components from China. With

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·        YoY revenues up by 26.6% to EUR 5.316 million in Q1 2020 due to outstanding power production, EPC business in Australia and O&M services in Europe, boosting EBITDA by 28.9% to EUR 1.391 million ·         The global proprietary portfolio of PV power plants topped 60 MWp ·         The company partnered with Australian technology company RayGen Resources to unlock new opportunities worldwide Amsterdam – 13 May 2020 – Photon Energy N.V. (WSE: PEN, the 'Group' or 'Company') today announced financial results for the first fiscal quarter, ending 31 March 2020, posting all-time high consolidated revenues of EUR 5.316 million, up by 26.6% YoY, and EBITDA of EUR 1.391 million, up by 28.9% YoY. ‘We are proud to have successfully navigated an unusual quarter in the history of Photon Energy. With regard to the COVID-19 pandemic, we believe that our strong core of diversified and recurring revenues will reduce the potential negative impact on our business, serving as a solid foundation to weather the difficult times ahead,’ commented Georg Hotar, CEO of Photon Energy N.V. Despite the global coronavirus outbreak in Q1 2020 and its impact on business performance across industries, Photon Energy managed to provide uninterrupted service to its customers in this challenging first

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The leading company in design, manufacturing and supply of solar trackers and fixed tilt structures has earned the ISO 45001 certification. This is an international regulation applied to health and safety management system at work; destined to protect workers and visitors against accidents and work-related illnesses. This certification has been created to reduce any harmful factor or risk factor concerning the workers’ physical and mental well-being and it helps to improve the business performance thanks to a safer work environment and healthier staff. ISO 45001 provides important changes in the health and safety management system that had not been considered on the previous regulation OSHAS 18001. The principal changes are listed below: Understanding of the organization and its proper context. Understanding of the needs and expectations from both parties. Actions to address risks and opportunities. Continuous improvement The most important change is ‘Continuous Improvement’, since it ensures the commitment of the organization in order to continuously improve their management system year after year, using audits as a main tool. The ISO 45001 regulation takes the high level structure allowing an easiest integration with the ISO 9001 quality regulation and ISO 14001 environment regulation. Nclave maintains its dedicated commitment with the management systems, in commitment with the

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High April solar resource levels in the UK and Germany drive new production records, while new capacity helps Spain hit record production despite below average resource in March As GHI increases in the summer months, further records are expected, but more investment in forecasting is needed to manage curtailment and price cannibalisation risks  Bratislava, 12th May – Following solar production records set in the UK, Germany and Spain in March and April, the European solar market is set to break further records in 2020. This is according to data and software architects for bankable solar investments, Solargis, whose solar irradiation maps show the impact relatively small fluctuations in global horizontal irradiation (GHI) are having on production during the current lockdown. The recent record production figures in these key European solar markets have been driven by a number of factors, not limited to GHI levels. These include new capacity added in 2019 and reduced levels of air pollution. Low energy demand during the lockdown has also helped solar energy enjoy record high market shares in these countries. However, with high GHI levels set to continue in summer, it is expected that solar resource will drive further production records in the coming months. The

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Trailar is a British start-up offering solar mat kits for commercial vehicles. These mats supply auxiliary equipment with solar energy, reducing fuel costs and CO2 emissions. Thanks to these savings, the user can achieve a return on investment in less than 2 years. Users also benefit from reduced maintenance costs as well as longer battery and engine life. Trailar systems are equipped with Souriau UTS connectors. Trailar provides solutions for new or existing vehicle fleets which reduce fuel consumption, pollutant emissions and extend battery life, thus making a significant contribution to preserving the environment. They also reduce maintenance costs. The flexible solar mats are lightweight, aerodynamic, durable and impact resistant, weighing only 2 kg per m2 and with a thickness of 3 mm. They are equipped with an intelligent charge controller for exceptional charging efficiency, and a GPS which displays the vehicle's geolocation data in real time. Aaron Thomas, co-founder and CEO of Trailar, explains why he chose to work with Souriau: "We were looking for a high-end, quality, premium connector that best supported our needs. We made contact with a couple of companies, however when we got in touch with Mark Richardson, Account Manager at Souriau UK, his professionalism, product

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·         The company has reached another milestone by increasing its proprietary PV capacity to 60.6 MWp in operation with the commissioning of five photovoltaic power plants in Hungary, with a combined capacity of 3.5 MWp ·         The power plants expand Photon Energy’s installed base in Hungary to 35.0 MWp ·         Total annual revenues of the five new power plants are expected to amount to EUR 405,000 Amsterdam – 11 May 2019 – Photon Energy N.V. (WSE: PEN, the 'Group' or 'Company') announces that Photon Energy Solutions HU Kft., the Group's subsidiary dedicated to engineering, procurement and construction (EPC) services, has completed and grid-connected five photovoltaic (PV) power plants with a total installed capacity of 3.5 MWp in the municipalities of Mályi and Kunszentmárton, Hungary. This latest addition expands the Group's installed base in Hungary to 35.0 MWp and its total proprietary portfolio of power plants to 60.6 MWp. The three power plants in Mályi extend over 3.9 hectares and are connected to the grid of ÉMÁSZ Hálózati Kft.; the two plants in Kunszentmárton cover 2.3 hectares and supply power to the grid of E.ON Tiszántúli Áramhálózati Zrt. Together they are expected to generate around 4.2 GWh of electricity per year. The Company now owns

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CalLab PV Modules of the Fraunhofer Institute for Solar Energy Systems ISE has been re-accredited by the German Accreditation Body (DAkkS) as an independent calibration laboratory according to the new standard DIN EN ISO/IEC 17025: 2018. The laboratory reached a record measurement uncertainty of 1.1 percent in the calibration of photovoltaic modules. The measurement reproducibility has only 0.2 percent deviation. Measurement uncertainty is a decisive factor for both quality assurance in module production and for investments in PV power plants. Module manufacturers who guarantee a sold power of their products can reduce the tolerances in their data sheet specifications by using more precisely calibrated reference modules. This involves considerable output and costs, given production volumes on a gigawatt scale. Investors also benefit from reduced measurement uncertainties in module characterization, since simulations of PV power plant yields and thus the calculation of returns becomes more accurate. "With a global module production of around 100 GW, one percent measurement uncertainty corresponds to one gigawatt of output uncertainty. At today's prices this amounts to around €300 million. High precision pays off for both suppliers and customers," explains Dr. Harry Wirth, division director for Photovoltaic Modules and Power Plants at Fraunhofer ISE. During re-accreditation of

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On 22 July 2019, Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) announced that it had signed a framework agreement with a North American-based solar cell manufacturing start-up company relating to Meyer Burger's heterojunction (HJT) core equipment for the production of solar cells. Pursuant to this framework agreement, the placing of orders is subject to the successful completion of a financing round by the start-up company. On 4 November 2019 and 13 February 2020, Meyer Burger announced that the placing of orders was being delayed. The start-up company informed Meyer Burger that it does no longer intend to place orders in accordance with the framework agreement and has given Meyer Burger formal notice of termination with immediate effect with respect to the framework agreement.

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