© Creditreform

18 Nov 2020 | - Creditreform awarded the Brandenburg company an "excellent credit rating" for the fifth time in a row Kallinchen (renewablepress) - Energiequelle GmbH has, as in the past four years, been awarded the CrefoZert credit rating certificate. The company was given an "excellent credit rating“ in the second-highest of nine rating classes. The certificate is issued by Creditreform, a leading German expert in assessing the credit standing of companies. The award is based on a three-stage certification process in which the credit rating index, an analysis of the annual financial statements and a personal survey are included. Michael Raschemann, Managing Director of Energiequelle, was avai... read more...

Start of construction: The project is a challenge due to its size and the hilly terrain with some steep inclines, the dimensions are huge ... © juwi

18 Nov 2020 | - In northern Greece, the juwi group is building a 204 megawatt solar park for the Hellenic Petroleum Group - Climate-friendly electricity for 75,000 households Athens / Wörrstadt (renewablepress) - The Greek subsidiary of the German project developer for renewable energies, juwi, has started building Europe's largest bifacial solar park. The use of bifacial modules increases the energy yield of the 450 hectare Kozani solar park by up to five percent. The regenerative power plant is scheduled to go online at the end of 2021. It will then deliver 300 million kilowatt hours of climate-friendly electricity a year - enough to supply 75,000 Greek households with clean electricity. The ... read more...

© Nordex SE

17 Nov 2020 | Hamburg (renewablepress) - The Nordex Group has optimized the aerodynamics of the rotor blades of a total of 80 N100/2500 wind turbines for the long-standing Turkish customer, Eksim. By installing the vortex generators, the power output of the older generation turbines will be increased by up to 2%. The Nordex Group offers its customers the vortex generator upgrade as an additional option for the N100 turbines from the company’s Gamma Generation with blades that were not previously equipped with this solution. The devices are installed on the top side of the blade – each individually adapted to the rotor blade type. The result is an increase of the annual energy production of the tur... read more...

© Nordex SE

13 Nov 2020 | - Sales of EUR 3.2 billion in the first nine months of 2020 - EBITDA margin of 2.2 percent - Sale of European project development business to RWE completed successfully - Production output rises to 4.4 GW at the end of September - Order backlog remains strong at EUR 7.9 billion - Healthy demand for Delta4000 product series continues - Strategic target set to achieve EBITDA margin of 8 percent from 2022 Hamburg (renewablepress) - The Nordex Group (ISIN: DE000A0D6554) today confirmed its preliminary figures announced on 9 November 2020. The Company increased its consolidated sales by 63 percent year-on-year in the first nine months of 2020 to EUR 3,167.4 million (9M 20... read more...

© Nordex SE

11 Nov 2020 | Hamburg (renewablepress) - The Nordex Group has received another large order for the N149/4.0-4.5 from the Delta4000 series. A wind farm developer has placed an order with the Nordex Group for 63 turbines for a project in the United States. The project and customer are undisclosed. In the summer of 2021 the Nordex Group will be starting to deliver and install the turbines for this project in the state of Texas. The turbines are to be supplied in a project-specific operating mode of 4.8 MW, resulting in a total output for the wind farm of 302.4 MW. With this latest order from the USA today the Nordex Group can look back on 3.7 gigawatts in turbines sold in the state of Texas alone.... read more...

© Hugo Rodriques / EKZ

10 Nov 2020 | Zurich / Switzerland (renewablepress) - EKZ Renewable's newest and largest wind farm to date - PESMA II in Portugal - has just begun operation. PESMA II will generate approx. 70 GWh of energy per year in the future. This corresponds roughly to the consumption of 17,000 average Swiss households. The plant near Fátima - just under an hour's drive from Lisbon - could therefore theoretically supply all private households in the town of Dietikon and even some small municipalities with electricity. With a rotor diameter of 126 metres, the six PESMA II turbines are not only the most powerful, but also the largest in EKZ Renewable's Portuguese portfolio. PESMA II is the latest wind farm in EKZ R... read more...

© Nordex SE

10 Nov 2020 | - Guidance issued for the financial year 2020 with sales of around EUR 4.4 billion and EBITDA margin of 2 percent - Sale of European project development pipeline to RWE completed - Comprehensive company program to support operations and secure strategic target 2022 - Favorable market environment expected Hamburg (renewablepress) - Nordex SE (ISIN DE000A0D6554) today presented new guidance for the current 2020 financial year as well as preliminary figures for the first three quarters of 2020. The third quarter was still significantly impacted by the coronavirus pandemic. However, the Group is expecting a positive development starting 2021 and is aiming by way of a strategic targ... read more...

© Lanthan Safe Sky GmbH

04 Nov 2020 | Walldorf (renewablepress) - Lathan Safe Sky GmbH has, together with LEE NRW (A State Association for Renewable Energy), finalized a collaboration project to supply efficient transponder based ADLS systems for North Rhine-Westphalia. The state has over two thousand wind turbines all requiring the technology to be darkened at night when no air traffic is flying close-by. An optimal positioning of two hundred transponder receivers was necessary. Provided all operators participate in this project, there would be a potential to save over one hundred additional receivers. The first fifty receivers have been ordered bindingly by LEE and the project’s implementation phase has begun. In recent m... read more...

NEAG receives facility for different project stages © Capcora

03 Nov 2020 | Frankfurt am Main (renewablepress) - Hamburg based independent power producer (“IPP“) NEAG Norddeutsche Energie AG (“NEAG“) secured an innovative financing facility dedicated to fund onshore wind projects in development phase, projects under construction and a portfolio of operating assets. The revolving credit facility in an amount of EUR 35m includes senior and mezzanine elements and was secured at the level of the newly established holding company NEAG Norddeutsche Energie Development GmbH. Capcora was mandated as exclusive financial advisor and responsible on structuring and sourcing. The financing scheme consists of three different tranches with different use of funds. One tr... read more...

Inspection as part of technical due diligence © Siedentorp / Radiusmedia / Deutsche WindGuard

29 Oct 2020 | - Expertise internationally appreciated by investors, energy utilities and project developers Varel (renewablepress) - In the first ten months of 2020, Deutsche WindGuard evaluated more than 1,600 wind turbines with a total capacity of over 3,800 megawatts in the course of technical due diligence projects. Several large volume orders from investors, energy utilities and project developers brought entire wind farm portfolios consisting of planned and operating projects in Germany, France, Turkey and Taiwan into the focus of the experts from Varel. Deutsche WindGuard has thus more than doubled the volume of its technical due diligence services in comparison to the previous year. "I am pa... read more...