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Press Releases - Renewable Energy

SINN Power GmbH

SINN Power and Schweizer Kapital Global Impact Fund AG complete financing round of EUR 4.7 million

18 Apr 2018 | Munich / Gauting (renewablepress) - The German startup SINN Power, global technology leader in wave energy, and the Swiss Schweizer Kapital Global Impact Fund AG, represented by Umut Ertan, have committed themselves to a common future. With a capital contribution of EUR 4.7 million, Schweizer Kapital Global Impact Fund enables SINN Power to develop its revolutionary wave energy technology to market maturity in 2022. To do so, SINN Power will implement wave energy converter projects to illustrate the potential for cost-savings and CO2 reductions to customers on coasts around the world. Ertan complements SINN Power’s existing high-profile shareholder structure around Dr. Lothar Stein, who... read more...

 
Nordex SE

Nordex commencing tower production in Brazil

06 Apr 2018 | Hamburg (renewablepress) - The Nordex Group has opened a plant in the North Brazilian state of Brazil Piaui for the production of concrete towers. The plant is to produce the 65 towers required for the “Lagoa do Barro” wind farm, which Nordex will be installing in the near future. It marks one of the first major investments in this state’s wind power industry. Large parts of the plant were originally used at a former facility in the south of Brazil and transported in heavy-duty loads to Lagoa do Barro City in a good 300 trips. With this step, Nordex is able to optimize the construction costs of the wind farm and complete construction work with minimum environmental impact. “We... read more...

 
Nordex SE

Increase in Nordex Group’s order intake to more than 1 gigawatt in the first quarter of 2018

05 Apr 2018 | Hamburg (renewablepress) - The Nordex Group closed the first quarter of 2018 with an increase in order intake. All told, firmly agreed new orders rose in volume to 1,007.5 megawatts in the first three months of the year (Q1/2017: 368.0 MW). This performance was underpinned by the recovery in demand in Europe with new orders for 505 megawatts (Q1/2017: 83 MW). New business was spurred by numerous orders received from regular customers. The three strongest individual markets in Europe were Turkey, France and Sweden. Order volumes from Americas came to around 502.5 MW (Q1/2017: 285 MW). New business in this region mainly came from major contracts in Mexico, the United States and Chile. “T... read more...

 
Deutsche Windtechnik AG

Deutsche Windtechnik expands its service business in the Netherlands

05 Apr 2018 | – Contract signed for full maintenance of twenty-two Vestas V80 turbines Bremen, Utrecht (renewablepress) - Deutsche Windtechnik is announcing a new contract in the Netherlands: Starting in April 2018, Deutsche Windtechnik B.V. will take over complete maintenance for the Koegorspolder C.V. wind farm. The wind farm, which is located in the south-west of the Netherlands, comprises twenty-two Vestas V80 turbines. The full maintenance contract will run for ten years. "The new full maintenance contract for the Koegorspolder wind farm is a major step forward for Deutsche Windtechnik in the Netherlands, and it creates a sound basis for further sustainable growth of the Dutch business unit,"... read more...

 
Nordex SE

Nordex Group with three new contracts in Turkey

03 Apr 2018 | - Nordex awarded contracts for almost 180 MW Hamburg (renewablepress) - The Nordex Group is experiencing a made-to-measure end to the first quarter of 2018. It has now been awarded three contracts for a total of 47 multi-megawatt turbines in Turkey from important existing customers. These entail N131/3600 and N131/3900 turbines, while the combined installed capacity of the three projects comes to 178.8 megawatts. In addition to supplying the turbines, Nordex will also be providing multi-year service. Delivery of the turbines for the first wind farm will be commencing in September this year. With a market share of around 30 percent, Nordex is one of the leading suppliers of wind power s... read more...

 
Nordex SE

Another order for Nordex from France

29 Mar 2018 | Hamburg (renewablepress) - The Nordex Group has been awarded another contract for a wind farm in France. The contract provides for the delivery of nine N117/2400 turbines for a 21.6-MW project. With its low noise emissions, this is one of Nordex’s best-selling wind turbine. Also for this order acoustics were a decisive factor in its investment decision. The customer is the financial investor Leonidas Associates which has previously placed orders with Nordex and which will be operating the wind farm after construction. Located in low-wind terrain, the wind farm will achieve an above-average capacity factor. Nordex will be shipping the first turbines to the site in September 2018. Ab... read more...

 
PNE WIND AG

PNE WIND with a positive outlook to the 2018 fiscal year

28 Mar 2018 | - Group EBIT 2017 at the upper end of the forecast raised during the year - Initial successes with the setting up of the new 200 MW portfolio - Advancement to a Clean Energy Solution Provider has been started Cuxhaven (renewablepress) - In the annual financial statements published today, PNE WIND looks back on a successful 2017 fiscal year - both in operational and in financial terms. In parallel, the Company began to strategically expand its proven business model with the aim of opening up new areas of business and thus adequately meeting the challenges of international and national markets. PNE WIND is developing from one of the leading wind farm project developers into a "Clean Energ... read more...

 
Nordex SE

Nordex entering 2018 well prepared

27 Mar 2018 | - Targets for 2017 achieved - New products generating strong interest - Equity ratio of 32.7 percent - Guidance for 2018 issued Hamburg (renewablepress) - With the annual financial statements for 2017 released today, the Nordex Group (ISIN: DE000A0D6554) confirms its preliminary figures: In 2017, the Group achieved sales of EUR 3.08 billion and adjusted earnings before interest, taxes, depreciation and amortisation of EUR 242 million. This translates into an adjusted EBITDA margin of 7.9 percent, which also matched expectations. Including the non-recurring expenses in connection with the “45 by 18” cost-cutting programme, EBITDA came to EUR 200.7 million, equivalent to a margin o... read more...

 
Nordex SE

Nordex awarded 21.6-MW contract by PNE Wind

26 Mar 2018 | Hamburg (renewablepress) - The Nordex Group has received a new order from PNE Wind AG. The project entails the installation of six N131/3600 turbines at the “Gerdau” wind farm. The turbines will be installed close to the German town of Uelzen this autumn, after which Nordex will provide service for up to 20 years. PNE was awarded the permit in the first round of tenders in 2018. The order is the first calldown under a framework contract signed last year for a total volume of around 140 megawatts which is to go on line in Germany by 2020. For most of the projects, PNE Wind has opted for the N149/4.0-4.5 turbines, which will be going into volume production in 2019. The contract will ... read more...

 
Nordex SE

Nordex and ewz expanding joint activities in France

13 Mar 2018 | Hamburg (renewablepress) - The energy utility of the city of Zurich ewz has ordered its third wind farm from the Nordex Group in quick succession. The project entails the installation of four N117/3000 turbines at the 12-MW “Graincourt” wind farm. The contract covers project development, turn-key installation of the wind farm and service for the wind power systems over a period of 20 years. Installation work is scheduled to commence in October of this year. The technical configuration of the wind farm will ensure optimum use of the good local wind conditions. With a projected annual energy yield of 34 GWh, a capacity factor of well over 32 percent will be achieved, thus helping to exp... read more...