Power & Energy Solutions

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Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) announces today the closing of the sale of the microwave and plasma technology company Muegge GmbH to the investment company HQ Equita, which was announced on 10 August 2020. HQ Equita, which is part of the Harald Quandt Group in Bad Homburg, Germany, will acquire all of Muegge GmbH’s business divisions including its subsidiary Gerling Applied Engineering Inc. based in Modesto CA, USA, as well as its approximately 100 employees. As previously announced, the book profit will amount to approximately CHF 4 million. The contract also includes an earn-out of CHF 2.5 million, which is due the following year based on the agreed financial targets for 2021.

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Newly released EUPD EndCustomer Monitor 10.0 shows that BYD Battery-Box energy storage system was the top choice for customers in Germany Munich, Sept. 30 – BYD Co. Ltd., one of the world’s largest manufacturers of rechargeable batteries, has been ranked as the top choice for renewable energy storage systems by end-users in Germany. With over 53%, BYD also had the highest brand awareness among survey participants that have installed a battery storage system in 2020. The evaluation reflects the success of the Battery-Box Premium line, which was launched in late 2019 and began sales in Germany in early 2020. Upon release, the new product line received an unrivalled market response. For the tenth consecutive year, market research organisation EUPD Research surveyed photovoltaic (PV) end-users in Germany on technologies and brand positioning. In the field of battery storage systems, the research focused on the purchasing process, expectations, and the solution application. Among all survey participants who already had an energy storage system, 15% purchased a BYD Battery-Box system, with the closest competition following it at 13%, 11% and 9%. The lead becomes even more prominent in the ranking for battery storage systems installed between 2018 and 2020, as well purchases in 2020. “BYD has been on a strong

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Diverse applications in the low and medium vacuum range Large variety of Roots pumping stations Wide nominal pumping speed range up to 6,200 m³/h Asslar, Germany, September 30, 2020. Pfeiffer Vacuum, one of the world's leading providers of vacuum technology, has expanded its HiLobe series. These Roots pumps are available in a broad spectrum of pumping speeds and applications. The innovative pumps can be used for numerous industrial vacuum applications, including electron beam welding, vacuum furnaces and freeze drying. HiLobe Roots pumps are particularly suited for rapid evacuations (lock chambers or leak detection systems) and as well for general coating applications. With their individual speed control, these vacuum pumps can be adapted to customer-specific requirements. Compact Roots pumps handle a wide range of nominal pumping speeds up to 6,200 m³/h. Thanks to their powerful drive concept, they achieve around 20 percent shorter pump-down times than conventional Roots pumps. Rapid evacuation also saves costs and increases the efficiency of production systems. The HiLobe series boasts an over 50 percent reduction in maintenance and energy costs compared to conventional Roots pumps. This is due to the use of energy-efficient drives that already meet the future IE4 energy efficiency class.  The reduction is also

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Planned capacity of 250 MW AC BELECTRIC as EPC and O&M provider awarded by Fortum BELECTRIC India ranked as “Top Ten Solar EPC Provider 2020” Kolitzheim (Germany) / Mumbai (India) – BELECTRIC, a German based company, further increases its footprint in the ever-growing solar industry of India by securing a major contract for a PV project in Rajasthan. BELECTRIC will be the construction and commissioning partner and will provide operation and maintenance services (O&M) to the large-scale solar plant on behalf of the owner Fortum Solar Plus Private Limited (Fortum). With a planned installed capacity of 250 MW AC the solar power plant will be one of India’s largest installations. “At the beginning of the year we delivered a new 250 MW AC solar plant for our customer Fortum, safely, on time and with a quality build. I am delighted that Fortum have placed again their trust in us and awarded BELECTRIC for its next large-scale solar project in India”, explains Ingo Alphéus, CEO of BELECTRIC Solar & Battery GmbH. “This underpins our strong position as a system integrator and general contractor for utility-scale ground-mounted PV in the challenging Indian market. Together with the project in Rajasthan, BELECTRIC will break through

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LONGi, the world leading solar technology company, has signed an agreement with TBEA Sunoasis (“TBEA”) to supply 360MW of its high-efficiency solar modules for TBEA’s energy production base at Shihezi City in China’s Xinjiang Uyghur Autonomous Region. As part of the agreement, LONGi will prioritise delivery of 103MW of its highly anticipated new product, which means that the Hi-MO 5 module, designed for ultra-large ground power plants, can be officially evaluated by the market. TBEA Sunoasis has rich experience in building large-scale wind and photovoltaic power stations in desert, mountain, fishery-solar, agricultural-solar, low wind speed, commercial roof, residential roof and other areas. With Class A qualification for power construction general contracting, TBEA has successively undertaken the construction of large-scale mountain photovoltaic power station, fishery-solar power station, wind-solar desert grid-connected demonstration power station project, commercial PV energy storage power station project and other new energy projects which have reached new heights in the industry. By far, TBEA has undertaken the construction of more than 5,000 wind power and photovoltaic On-grid/off-grid power stations, with the capacity of nearly 16 GW. LONGi released Hi-MO 5 in June and, just 70 days later, the first module rolled off the production line at its factory in Xianyang

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This year, as a new member of the RE100 initiative, LONGi, the world leading solar technology company headquartered in Xi’an, China, joined the 2020 New York City Climate Week for the first time. LONGi is also amongst a roster of the world’s most influential companies committed to 100% renewable power that is nominated for this year’s RE100 Leadership Awards. LONGi Founder and President Li Zhenguo was invited to speak at the opening ceremony of the year’s most influential international climate change event. As the only business leader representing a Chinese company and major PV manufacturer Mr. Li shared his vision on how solar technology is helping the world address climate change and reiterated LONGi’s commitment to making clean energy more affordable and accessible with progressive technology and cost reductions. Mr. Li was also invited to a panel discussion: “Future-fit Business Strategies for a Net-zero World” with business leaders including Marc Engel, Chief Supply Chain Officer of Unilever, Mathias Lelièvre, CEO of ENGIE Impact and Professor Rebecca M. Henderson from Harvard Business School. The session was moderated by Helen Clarkson, CEO of the Climate Group. Li commented that “the value of solar energy is still underestimated”. Over the past decade, LONGi has been committed to

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Latest U.S. PV Leaderboard report by Wood Mackenzie Power & Renewables shows that Q CELLS’ market share in the residential sector rose to 26.4%, which nearly equals the share of the next three competitors combined [Irvine, United States, September 28, 2020] Q CELLS, a renowned total energy solutions provider in solar cell and module, energy storage, downstream project business and energy retail, announced today that it has retained top market share in the U.S. residential and commercial solar module markets, underscoring the Company’s consistent leadership in the industry. According to the Q3 2020 U.S. PV Leaderboard report by leading energy research and consultancy firm Wood Mackenzie Power & Renewables, Q CELLS captured 26.4% market share in the U.S. residential market for Q2 2020, a 6.4% increase from Q1 2020’s 20% market share. Q CELLS maintained its No.1 position for eight consecutive quarters and its newly recorded market share nearly equaled the share of the next three competitors combined during Q2 2020. The Leaderboard report also ranks Q CELLS as the U.S. commercial market leader with a 13.3% market share. Q CELLS’ commitment to new energy solutions with a core focus on quality Q CELLS continues to meet customer needs with the company’s

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Solar power is the most cost-effective form of energy worldwide, thanks to the many significant research contributions continuously made up to today. A decisive factor here is resource-saving production technology, which plays an important role along with increasing efficiency. HighLine Technology GmbH is the most recent Fraunhofer ISE spin-off company. The Freiburg-based start-up aims to commercialize a new process which was developed at the institute, whereby a contactless dispensing process is used to apply front metal contacts onto solar cells. This process not only saves resources but also increases the electricity yield and the potential for cost reductions. Applications also include production processes outside the field of photovoltaics. The expertise behind the young company HighLine Technology is an accumulation of ten years’ research work on dispensing processes for silicon solar cell metallization at the Fraunhofer Institute for Solar Energy Systems ISE. During this period in which a multi-nozzle dispensing print head was developed, expansive knowledge was acquired on printing pastes and processes. The developed technology can easily be integrated into conventional production lines for silicon solar cells, replacing the screen printing process normally used for the front-side metal contacts. In addition, the material consumption of the costly silver is reduced

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ArcVera Renewables, an international provider of consulting and technical services for wind, solar and hybrid energy storage projects, has announced its entry into India’s fast-growing renewables market. ArcVera’s new Indian offices are located in Bangalore, India. The company has assembled a team of international experts to deliver industry-leading technical expertise to project developers, lenders, and investors in India as well as other Southeast Asia and Pacific Rim countries. “Several factors have converged to make this a timely and strategically sound long-term business expansion decision for ArcVera. On one hand, India is a large and rapidly growing renewables market.  Now with energy tenders and hybrid project requirements, it is an even more complex and competitive market.  Local developers and investors are seeking best-in-class technical expertise to lower project risk, find advantages no other company has uncovered, and raise project value. On the other hand, the recent exit of a competitor from the Indian wind market has left a vacuum that ArcVera is ideally positioned to fill in,” commented Gregory S. Poulos, CEO of ArcVera Renewables. ArcVera’s services cover the full project lifecycle, including finance-grade resource assessments, project design, technology assessments, financing, M&A, due diligence, construction, operations, and repowering. Its team comprises experienced atmospheric

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Jürgen Schiffer is appointed as the new Chief Financial Officer (CFO) of Meyer Burger Technology AG as of October 1, 2020. In this role he succeeds Manfred Häner, who is retiring. Jürgen Schiffer (*27. 06. 1966) is an experienced financial expert focusing on reporting, accounting, treasury management and tax law. In recent years, the graduate banker has held senior finance and CFO positions at European companies on a mandate basis. In addition to his core competencies in Finance & Controlling, Jürgen Schiffer has gained significant experience as a management consultant and interim manager in dealing with complex turnaround situations. He is familiar with company analyses, the design of quality assurance processes and the development of reporting structures. The responsibilities of the new Chief Financial Officer (CFO) include transforming the existing structures and aligning reporting with Meyer Burger's new business model as a technologically leading manufacturer of solar cells and solar modules. Jürgen Schiffer is already familiar with the solar industry from his previous work for solar companies such as Conergy AG and Q-Cells AG. When he takes up his position on 1 October 2020, he will also become a member of the Executive Board. Chairman of the Board of Directors Franz Richter says:

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