Independent power producer

EQS-News: BayWa AG expects earnings to improve in the financial year 2024

Retrieved on: 
Wednesday, April 10, 2024
IPP, Pressure, Farm, Growth, Grain, AG, Heat, Disease, Agriculture, CPO, Federation, Gardening, Building material, EnergySolutions, Sale, Food, Insurance, Wind, Independent power producer, Investment, Housing, Aquaculture, Electric vehicle, Crop protection, Lubricant, BayWa, Weather, Renewable energy

BayWa AG closes the financial year 2023 with operating earnings of €304.0 million, just below the forecast for the year.

Key Points: 
  • BayWa AG closes the financial year 2023 with operating earnings of €304.0 million, just below the forecast for the year.
  • After deducting interest and tax, BayWa closed the past financial year with a loss of €93.4 million, down €332.9 million year on year.
  • “We are using 2024 for consolidation,” says Marcus Pöllinger, Chief Executive Officer of BayWa AG.
  • BayWa anticipates strong earnings growth in the current financial year, largely driven by a good apple harvest in New Zealand.

Copenhagen Infrastructure Partners acquires majority stake in Elgin, a leading international solar company

Retrieved on: 
Wednesday, April 3, 2024
EUR, Culture, IPP, Growth, Partnership, CIP, Wind, Independent power producer, Investment, Copenhagen Infrastructure Partners, Renewable energy

COPENHAGEN, Denmark , April 03, 2024 (GLOBE NEWSWIRE) -- Copenhagen Infrastructure Partners (CIP) has signed an agreement to acquire a majority share in Elgin Energy (Elgin) and will, together with Elgin’s retained management team, invest £250 million into Elgin.

Key Points: 
  • COPENHAGEN, Denmark , April 03, 2024 (GLOBE NEWSWIRE) -- Copenhagen Infrastructure Partners (CIP) has signed an agreement to acquire a majority share in Elgin Energy (Elgin) and will, together with Elgin’s retained management team, invest £250 million into Elgin.
  • Elgin’s current project pipeline of 15GW is supported by development activities in the UK, Irish, and Australian markets, covering stand-alone solar, solar co-located with battery storage, and stand-alone battery storage.
  • “We are thrilled to embark on this transformative journey with Copenhagen Infrastructure Partners.
  • This strategic partnership reinforces our financial strength while aligning with our vision to become the leading European solar company.

Enermont and Solar Power Accelerator seal a strategic deal on installation in 2024 of 15 MWp rooftop based sun energy to boost climate transition under contracted power purchase agreements

Retrieved on: 
Tuesday, March 19, 2024
EV, ECP, IPP, Power purchase agreement, Entrepreneurship, SPA, Running, C&I, Independent power producer, PPA, EPC, Professional, Renewable energy

Enermont, domiciled in Hässleholm, in south Sweden is a highly specialised EPC-contractor on PV-solar and battery installations.

Key Points: 
  • Enermont, domiciled in Hässleholm, in south Sweden is a highly specialised EPC-contractor on PV-solar and battery installations.
  • Founded in 2018, Enermont has an impressive growth trajectory and track record with a focus on quality, delivery performance, operations and capital efficiency.
  • We are running and leading an exceptionally aspirational climate transition campaign to roll out distributed roofbased solar power generation.
  • Hence, we are honoured to team up with such a highly credible and reputable ECP contractor like Enermont, says Pär-Olof Johannesson, CEO and Co-Founder, Solar Power Accelerator AB.

BayWa r.e., Ampt and Fraunhofer ICT Complete European First-of-its-Kind PV, Wind and Battery Storage System Combination

Retrieved on: 
Tuesday, February 27, 2024
Sustainability, Batteries, Alternative Energy, Energy, Technology, Environment, Semiconductor, Construction & Property, Green Technology, Chemicals, Plastics, Building Systems, Manufacturing, ICT, MPPT, KWP, PV, Workplace, Multimedia, Fraunhofer Society, Paris Agreement, Education minister, Independent power producer, Life, Symbiosis, BayWa, Fraunhofer, AG, EnergySolutions, Chemical engineering, Laboratory, Solar energy, Wind, Renewable energy

A 10 MWh flow battery energy storage system completes the triad.

Key Points: 
  • A 10 MWh flow battery energy storage system completes the triad.
  • Technically highly sophisticated, it represents a progressive plant combination of wind and solar energy including battery storage, which is unique in Europe in this form.
  • Through individual string MPPT, Ampt optimizers mitigate the energy losses caused by shade from surrounding buildings on the Fraunhofer ICT campus.
  • Our shareholders are BayWa AG, a €27,1 billion global business, and Energy Infrastructure Partners, a leader in energy infrastructure investment.

Valmet to add biomass co-firing to a coal-fired circulating fluidized bed boiler for PT. Cikarang Listrindo in Indonesia

Retrieved on: 
Wednesday, February 21, 2024
Paper, Engineering, Nasdaq Helsinki, Coal, CFB, IPP, Independent power producer, Biomass, Osakeyhtiö, Senior, EET, CO2, Biofuel, Automation, Electricity, Renewable energy

ESPOO, Finland, Feb. 21, 2024 /PRNewswire/ -- Valmet will supply a partial bioconversion for PT. Cikarang Listrindo Tbk's coal-fired circulating fluidized bed (CFB) boiler in Babelan, Indonesia. The investment reflects Cikarang Listrindo's initiative for greener energy production and environmentally friendlier operation by reducing reliance on fossil fuels and cutting CO2 emissions.

Key Points: 
  • Cikarang Listrindo Tbk's coal-fired circulating fluidized bed (CFB) boiler in Babelan, Indonesia.
  • Cikarang Listrindo is also utilizing renewable fuels in its steam generation process by rebuilding the existing CFB boiler in unit 2.
  • Cikarang Listrindo Tbk, located in Bekasi Regency, Indonesia, is the longest operating Independent Power Producer (IPP) in Indonesia.
  • Cikarang Listrindo started its initial operation in 1993 and is currently serving more than 2,600 industrial customers in five industrial estates in Cikarang.

EQS-News: Powering Progress: Photon Energy Commissions its 10th PV Power Plant in Romania

Retrieved on: 
Monday, February 5, 2024
Photon, Plant, Independent power producer, IPP, EPC, Nominal power (photovoltaic), CEE, FSX, Photon energy, Kilowatt-hour, O&M, PV, EUR, Electricity, Engineering, Renewable energy

Amsterdam/Bucharest – 1 February 2024 – Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) (‘Photon Energy Group’ or the ‘Company’) announces that Photon Energy Engineering Romania S.R.L.

Key Points: 
  • Amsterdam/Bucharest – 1 February 2024 – Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) (‘Photon Energy Group’ or the ‘Company’) announces that Photon Energy Engineering Romania S.R.L.
  • ‘We are pleased to announce the successful commissioning of our tenth PV power plant in Romania, marking a significant milestone for our activities in this core market,’ said Georg Hotar, CEO of Photon Energy Group.
  • The power plant is owned and operated by a special-purpose subsidiary of Photon Energy Group.
  • In the Romanian market, Photon Energy offers a wide range of solar power solutions including project development, EPC (engineering, procurement and construction) and O&M (operations and maintenance) for PV power plants.

mPrest Selected as DERMS Provider for Doral Energy

Retrieved on: 
Sunday, January 28, 2024
VPP, Electric power distribution, Energy, Independent power producer, Metre, Carbon, Virtual power plant, Solar energy, IPP, Renewable energy

PETACH TIKVA, Israel, Jan. 28, 2024 /PRNewswire/ -- mPrest, a leading developer and provider of dynamic grid aware, as well as Behind the Meter, Distributed Energy Resource Management Systems (DERMS) has been chosen by Doral Energy, a leading global company in the field of renewable energy, as its DERMS platform for the purpose of managing and optimizing its distributed solar and storage assets profits.

Key Points: 
  • PETACH TIKVA, Israel, Jan. 28, 2024 /PRNewswire/ -- mPrest, a leading developer and provider of dynamic grid aware, as well as Behind the Meter, Distributed Energy Resource Management Systems (DERMS) has been chosen by Doral Energy, a leading global company in the field of renewable energy, as its DERMS platform for the purpose of managing and optimizing its distributed solar and storage assets profits.
  • Doral Energy is a developer and owner of hundreds of profitable renewable energy projects and an energy supplier to leading corporations.
  • We are therefore honored to partner with Doral Energy, in optimizing their energy trading profits".
  • Extending our centralized distribution focused DERMS to also act as an edge DERMS is a testament to our commitment to driving innovation in the energy sector," said Ron Halpern, mPrest Chief Commercial Officer.

mPrest Selected as DERMS Provider for Doral Energy

Retrieved on: 
Sunday, January 28, 2024
VPP, Electric power distribution, Energy, Independent power producer, Metre, Carbon, Virtual power plant, Solar energy, IPP, Renewable energy

PETACH TIKVA, Israel, Jan. 28, 2024 /PRNewswire/ -- mPrest, a leading developer and provider of dynamic grid aware, as well as Behind the Meter, Distributed Energy Resource Management Systems (DERMS) has been chosen by Doral Energy, a leading global company in the field of renewable energy, as its DERMS platform for the purpose of managing and optimizing its distributed solar and storage assets profits.

Key Points: 
  • PETACH TIKVA, Israel, Jan. 28, 2024 /PRNewswire/ -- mPrest, a leading developer and provider of dynamic grid aware, as well as Behind the Meter, Distributed Energy Resource Management Systems (DERMS) has been chosen by Doral Energy, a leading global company in the field of renewable energy, as its DERMS platform for the purpose of managing and optimizing its distributed solar and storage assets profits.
  • Doral Energy is a developer and owner of hundreds of profitable renewable energy projects and an energy supplier to leading corporations.
  • We are therefore honored to partner with Doral Energy, in optimizing their energy trading profits".
  • Extending our centralized distribution focused DERMS to also act as an edge DERMS is a testament to our commitment to driving innovation in the energy sector," said Ron Halpern, mPrest Chief Commercial Officer.

EQS-News: Photon Energy Connects 3.9 MWp Solar PV Power Plant to Grid in Romania

Retrieved on: 
Saturday, January 13, 2024
Photon, Nominal power (photovoltaic), Photon energy, PV, Electricity, Kilowatt-hour, EPC, CEE, EUR, Plant, Engineering, O&M, FSX, Independent power producer, Renewable energy

Amsterdam/Bucharest – 10 January 2024 – Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) (‘Photon Energy Group’ or the ‘Company’) announces that Photon Energy Engineering Romania S.R.L.

Key Points: 
  • Amsterdam/Bucharest – 10 January 2024 – Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) (‘Photon Energy Group’ or the ‘Company’) announces that Photon Energy Engineering Romania S.R.L.
  • ‘We are excited to have expanded our portfolio of operating solar PV assets by an additional 3.9 MWp in Romania,’ said Georg Hotar, CEO of Photon Energy Group.
  • The power plant is owned and operated by a special-purpose company, which itself is fully owned by Photon Energy Group.
  • The Company’s IPP (Independent Power Producer) portfolio now includes 97 solar power plants, with a combined generation capacity of 127.3 MWp.

EQS-News: Successful Completion of Financial Restructuring for 640 MW Yunlin Offshore Wind Farm Project in Taiwan

Retrieved on: 
Tuesday, January 2, 2024
Global Infrastructure Partners, Independent power producer, Electricity, Economy, Government, Tokyo Stock Exchange, Wind, Farm, Cod, CCGT, Biofuel, Ministry, Carbon, TotalEnergies, Creditor, GIP, Natural gas, Renewable energy

Yunneng Wind Power Co., Ltd. (Yunneng), the company responsible for the construction and operation of the 640 MW Yunlin offshore wind farm project in Taiwan (Yunlin Project), has received the necessary approvals from Taiwanese authorities, namely, the Ministry of Economic Affairs, and Energy Administration, to enable the successful completion of its financial restructuring announced in August 2023.

Key Points: 
  • Yunneng Wind Power Co., Ltd. (Yunneng), the company responsible for the construction and operation of the 640 MW Yunlin offshore wind farm project in Taiwan (Yunlin Project), has received the necessary approvals from Taiwanese authorities, namely, the Ministry of Economic Affairs, and Energy Administration, to enable the successful completion of its financial restructuring announced in August 2023.
  • Moreover, the installation teams have reached a level of 45 monopile foundations, 26 inner array grid and 12 export cables laid.
  • The Yunlin Project is located in the Taiwan Strait, between 8 and 17 kilometers off the west coast of Taiwan, at water depths from 7 up to 35 meters.
  • Once completed, the 640 MW Yunlin Project will be one of the largest offshore wind farms in Taiwan, producing enough clean energy to serve the energy needs of more than 600,000 Taiwanese households.