Sat, Jul
18 New Articles

Renewable Top Stories

Grid List

Southern Company subsidiary Southern Power and SunPower Corp. today announced that Southern Power has acquired a controlling interest in the 102-megawatt (MW) Henrietta Solar Project in Kings County, California, from SunPower, which will own the remaining interest in the project.

"The acquisition of the Henrietta Solar Project underscores Southern Power's leadership in developing
renewable energy," said Southern Power President and CEO Buzz Miller. "Through strategic partnerships, including with SunPower, we continue to accelerate our solar generation growth in California."

The Henrietta Solar Project represents Southern Power's first joint venture with SunPower, which developed, designed and is constructing the facility and will operate and maintain it upon completion. Construction began in May 2015, and the project is expected to be fully operational in the third quarter of this year.

"With over 30 years' experience and more than 2.5 gigawatts of innovative solar power plants operating around the world, SunPower is a global leader driving the adoption of reliable, cost-effective solar power at utility scale," said SunPower CEO Tom Werner. "We are proud to partner with Southern Power to deliver long-term value for the utility, its customer, and the California homes and businesses that will benefit from the emission-free power generated by the Henrietta Solar Project."

Existing Southern Power customer Pacific Gas and Electric Company will purchase the electricity and associated renewable energy credits (RECs) generated by the facility under a 20-year power purchase agreement.

SunPower is constructing a SunPower® Oasis® Power Plant system at the approximately 670-acre Henrietta site. Oasis is a fully-integrated, modular solar power block that is engineered to rapidly and cost-effectively deploy utility-scale solar projects while optimizing land use. Once operational, the facility is expected to be capable of generating enough electricity to help meet the energy needs of approximately 24,000 average U.S. homes.

The Henrietta Solar Project fits Southern Power's business strategy of growing its wholesale business through the acquisition and construction of generating assets substantially covered by long-term contracts. With more than 2,100 MW of renewable generating capacity ownership, Southern Power assembled its nationally recognized renewable portfolio through the strategic acquisition or development of 28 solar, wind and biomass projects that are either in operation or under construction across the United States. The Henrietta Solar Project marks Southern Power's 11th solar project in California and is the company's first acquisition in Kings County.

Southern Power provides wholesale generation to more than 40 energy providers that serve more than 40 million customers across the country.

About Southern Power
Southern Power, a subsidiary of Southern Company, is a leading U.S. wholesale energy provider meeting the electricity needs of municipalities, electric cooperatives, investor-owned utilities, and other energy customers. Southern Power and its subsidiaries own or have the rights to 37 facilities operating or under construction in 10 states with more than 10,700 MW of generating capacity in Alabama, California, Florida, Georgia, Maine, Nevada, New Mexico, North Carolina, Oklahoma and Texas.

About SunPower
As one of the world's most innovative and sustainable energy companies, SunPower (Nasdaq: SPWR) provides a diverse group of customers with complete solar solutions and services. Residential customers, businesses, governments, schools and utilities around the globe rely on SunPower's more than 30 years of proven experience. From the first flip of the switch, SunPower delivers maximum value and superb performance throughout the long life of every solar system. Headquartered in Silicon Valley, SunPower has dedicated, customer-focused employees in Africa, Asia, Australia, Europe, North and South America. For more information about how SunPower is changing the way our world is powered, visit www.sunpower.com.

About Southern Company
Southern Company is America's premier energy company, with 44,000 megawatts of generating capacity and 1,500 billion cubic feet of combined natural gas consumption and throughput volume serving 9 million electric and gas utility customers through its subsidiaries. The company provides clean, safe, reliable and affordable energy through electric utilities in four states, natural gas distribution utilities in seven states, a competitive generation company serving wholesale customers across America and a nationally recognized provider of customized energy solutions, as well as fiber optics and wireless communications. Southern Company brands are known for excellent customer service, high reliability and affordable prices that are below the national average. Through an industry-leading commitment to innovation, Southern Company and its subsidiaries are inventing America's energy future by developing the full portfolio of energy resources, including carbon-free nuclear, 21st century coal, natural gas, renewables and energy efficiency, and creating new products and services for the benefit of customers. Southern Company has been named by the U.S. Department of Defense and G.I. Jobs magazine as a top military employer, recognized among the Top 50 Companies for Diversity by DiversityInc, listed by Black Enterprise magazine as one of the 40 Best Companies for Diversity and designated a Top Employer for Hispanics by Hispanic Network. The company has earned a National Award of Nuclear Science and History from the National Atomic Museum Foundation for its leadership and commitment to nuclear development and is continually ranked among the top utilities in Fortune's annual World's Most Admired Electric and Gas Utility rankings. Visit our website at www.southerncompany.com.

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding expected project timelines, projected energy output, and expected cost savings. These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievement to materially differ from those expressed or implied by these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to: regulatory changes and the availability of economic incentives promoting use of solar energy, challenges inherent in constructing and maintaining certain of our large projects, and fluctuations or declines in the performance of our solar panels and other products and solutions. A detailed discussion of these factors and other risks that affect our business is included in filings we make with the Securities and Exchange Commission (SEC) from time to time, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading "Risk Factors." Copies of these filings are available online from the SEC or on the SEC Filings section of our Investor Relations website at investors.sunpowercorp.com. All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements in light of new information or future events.

Canadian Solar Inc one of the world's largest solar power companies announced that it has entered into a private placement with Prudential Capital Group, pursuant to which, the global investment management business of Prudential Financial, Inc. has agreed to purchase non-recourse notes with principal amount totaling approximately JPY6.2 billion (US$60.0 million). The proceeds from the private placement will be used to finance a portfolio of environmentally-friendly solar power plants totaling 21.2MWp in Japan.

"This is our inaugural green solar private placement with a blue chip institutional investor, and represents the second project bond financing structure executed by Canadian Solar in the Japanese market, further diversifying our funding mix," commented Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar Inc. "This successful transaction once again underscores the confidence that leading financial institutions have in Canadian Solar's project pipeline in Japan and positions us well to continue to deliver on our mission to accelerate the deployment of clean, reliable, emission-free solar energy worldwide."

About Canadian Solar Inc.

Founded in 2001 in Canada, Canadian Solar is one of the world's largest and foremost solar power companies. As a leading manufacturer of solar photovoltaic modules and a provider of solar energy solutions, Canadian Solar has a geographically diversified pipeline of utility-scale power projects. In the past 14 years, Canadian Solar has successfully shipped over 14 GW of premium quality modules in over 90 countries around the world. Furthermore, Canadian Solar is one of the most bankable companies in the solar industry, having been publically listed on NASDAQ since 2006. For additional information about the company, follow Canadian Solar on Facebook, Twitter, LinkedIn, or on the website.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/canadian-solar-secures-jpy62-billion-green-solar-financing-in-japan-300296343.html

Ed Job,
CFA, Director,
Investor Relations,
Canadian Solar Inc.,
This email address is being protected from spambots. You need JavaScript enabled to view it. ;

David Pasquale,
Global IR Partners,
This email address is being protected from spambots. You need JavaScript enabled to view it.,

28-acre expanded array atop Mandalay Bay Resort & Casino will offset 25 percent of the resort’s peak energy demand
July 6, 2016
NRG Energy, Inc and MGM Resorts International announced the completed expansion of the nation’s largest rooftop solar array. On the roof of the Mandalay Bay Convention Center, the expanded solar array has more than 26,000 photovoltaic panels and produces a combined 8.3 MW dc (6.5 MW ac) of electricity, a new national record for rooftop arrays. At full production, the system supplies 25% of the power demand of the entire Mandalay Bay Resort & Casino campus.
It is projected that the expanded solar installation will displace approximately 8,400 metric tons of carbon dioxide (CO2) annually, the equivalent of taking more than 1,700 automobiles off the road. The electricity produced is also equivalent to the average annual usage of 1,340 U.S. homes. Since completion of the first phase in 2014, the project has helped provide pricing stability for MGM Resorts, while reducing the amount of energy drawn from the southern Nevada grid during times of peak electricity demand.
“MGM Resorts International has a long history of integrating environmentally responsible practices throughout our operations to help preserve the planet’s limited resources,” said Cindy Ortega, Senior Vice President and Chief Sustainability Officer of MGM Resorts International. “Our continued partnership with NRG is a source of pride and inspires our desire to continually implement innovative solutions that promote renewable energy.”
Chuck Bowling, President and COO of Mandalay Bay Resort & Casino added: “The expansion of our rooftop solar installation at Mandalay Bay significantly advances our resort’s commitment to being a leading sustainable destination for conferences and conventions. Utilizing energy produced from a renewable resource is a cornerstone of our comprehensive strategy of sustainable operations. ”
“Companies like MGM Resorts are driving an evolution in America’s energy mix as they seek cleaner sources of power that provide more certainty over energy costs,” said Craig Cornelius, Senior Vice President of NRG Energy and head of NRG’s Renewables group. “The solar array atop Mandalay Bay is stunning in its scope and functionality, and we’re thrilled to have MGM as a partner.”
The expanded project uses technology from Ten K Solar. Ten K’s REFLECT™ system consists of 4,644 Modules, 180 inverters and a fully integrated Ten K racking system with no roof penetrations. The racking system uses 3M Cool Mirror Film™ to reflect only the light wavelengths usable by the photovoltaic cells. Ten K’s parallel cell and module architecture allows for modules to capture non-uniform irradiance coming from reflected light. The architecture further eliminates any single points of failure, increasing total system availability and reducing operation and maintenance costs.
NRG owns and operates the installation for MGM Resorts at Mandalay Bay Resort and Casino. Through a 25-year Power Purchase Agreement (PPA), Mandalay Bay Resort will purchase all the electricity generated by both solar arrays.
About MGM Resorts International
MGM Resorts International  is one of the world's leading global hospitality companies, operating a portfolio of destination resort brands including Bellagio, MGM Grand, Mandalay Bay and The Mirage. The Company is in the process of developing MGM National Harbor in Maryland and MGM Springfield in Massachusetts. MGM Resorts controls, and holds a 73 percent economic interest in the operating partnership of MGM Growth Properties LLC (NYSE: MGP), a premier triple-net lease real estate investment trust engaged in the acquisition, ownership and leasing of large-scale destination entertainment and leisure resorts. The Company also owns 51 percent of MGM China Holdings Limited (HK: 2282), which owns the MGM Macau resort and casino and is developing a gaming resort in Cotai, and 50 percent of CityCenter in Las Vegas, which features ARIA Resort & Casino. MGM Resorts is named among FORTUNE® Magazine's 2016 list of World's Most Admired Companies®. For more information about MGM Resorts International, visit the Company's website at www.mgmresorts.com.
About NRG
NRG is the leading integrated power company in the U.S., built on the strength of the nation’s largest and most diverse competitive electric generation portfolio and leading retail electricity platform. A Fortune 200 company, NRG creates value through best in class operations, reliable and efficient electric generation, and a retail platform serving residential and commercial businesses. Working with electricity customers, large and small, we continually innovate, embrace and implement sustainable solutions for producing and managing energy. We aim to be pioneers in developing smarter energy choices and delivering exceptional service as our retail electricity providers serve almost 3 million residential and commercial customers throughout the country.
Media Contacts:
MGM Resorts International
Rey Bouknight
This email address is being protected from spambots. You need JavaScript enabled to view it.

MGM Resorts International
Sonya Padgett
This email address is being protected from spambots. You need JavaScript enabled to view it.

NRG Energy
Erik Linden
This email address is being protected from spambots. You need JavaScript enabled to view it.

Hassyan Energy Company, a joint venture between Dubai Electricity & Water Authority (DEWA) (51%) and ACWA Power Harbin Holding Company (49%), has signed the EPC agreement with both Harbin Electric International and General Electric (GE) for the Hassyan Energy Phase 1 P.S.C.
The EPC agreement pushes forward the development of the project, which will produce 2,400 MW of net electricity using clean coal, and works towards achieving the objectives outlined in Dubai’s CleanEnergy Strategy 2050, in particular the fifth pillar, which prioritizes environmentally friendly energy according to the following percentages: 25% solar energy, 7% nuclear energy, 7% clean coal, and 61% natural gas by 2030.  The first unit is expected to be operational by March 2020 – before Expo 2020 in Dubai.
Hassyan Clean Coal IPP is the first clean coal power plant in the Middle East. The ultra-supercritical plant will deliver best in class performance on efficiency, output and adherence to global environmental best practices.
Commenting on the signing, H.E Saeed Al Tayer, MD and CEO of DEWA said: “The project reflects our commitment to following through on the vision of his HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, to diversify the energy mix and develop our country’s resources, in our bid to achieve Dubai’s Clean Energy Strategy 2050, which considers the production of electricity through the use of clean coal a key component. Hassyan will utilize the latest global clean coal technologies, such as the ultra-supercritical technology, and the latest environmental standards. Hassyan Clean Coal IPP will also be implemented under a BOO model.”
Commenting on the agreement, Mr. Mohammed Abunayyan, Chairman of ACWA Power, said: “By signing this agreement today, we have taken a significant step towards starting the engineering and construction works as per the stated timeframe for the first plant of generating electricity with clean coal in the Gulf region within our strategic businesses and projects in the UAE. We are committed to supporting, with all our best-in-class expertise, capabilities and technologies, Dubai’s Clean Energy Strategy 2050. I am fully confident that signing the EPC agreement with Harbin Electric International and General Electric (GE) will secure the delivery of the required works efficiently and with high quality results.”
Qu Aimin, Vice-Chairman of Harbin Electric International added: “As a Chinese saying goes, distance tests a horse’s strength, time will reveal a person’s sincerity. With our state of art service and high efficient EPC teams, we will put in place all efforts, and make Hassyan plant a bench-marking project in Dubai and beyond.”
Andreas Lusch, President & CEO of GE’s Steam Power Systems, said: “The Hassyan Clean Coal IPP is a flagship project that highlights the focus of the UAE government and DEWA to diversify the region’s energy mix in a clean and sustainable way. Along with our partners, GE is proud to celebrate this significant milestone in a project that will showcase our highly efficient ultra-supercritical coal technology to help meet Dubai’s growing demand for efficient and reliable power, at very competitive costs, while keeping an exceptionally low environmental footprint.”
Importantly, the Hassyan plant will operate in compliance with aggressive emissions and environmental international standards. To help further guarantee compliance, the power plant will meet the limits set for flue gas emissions which are stricter than the emission limits in the Industrial Emissions Directive (IED) of the European Union and in the International Finance Corporation (IFC) guidelines.
The signing of the EPC agreement follows the close of the 25-year Power Purchase Agreement (PPA) between DEWA and ACWA Power for the development of phase one of the project.
Phase 1 of the project consists of four units of 600 MW net power each, which will respectively be operational in March 2020, March 2021, March 2022 and March 2023.

JUNO BEACH, Fla., June 30, 2016 /PRNewswire/ -- Florida Power & Light Company (FPL) today announced that its Automated Fault Mapping Prediction System project was recognized with an Award of Excellence by the International Smart Grid Action Network (ISGAN), an organization that brings together governments and their stakeholders to accelerate the development and deployment of smarter electricity grids worldwide through dynamic knowledge sharing, peer exchange, tool development and project coordination.

 International Smart Grid Action Network accolade for its continued investments to build a stronger, smarter, more reliable energy grid for its customers

"We're honored that our work to build a stronger and smarter energy grid for Florida is being recognized," said Eric Silagy, president and CEO for FPL. "Innovative projects like this help us deliver reliable service to our customers year-round. Leveraging advanced solutions such as the Automated Fault Mapping Prediction System, gives us unprecedented visibility across the grid so we can more quickly detect and prevent many issues before they become problems for our customers."

FPL's project focused on leveraging smart grid data integration to direct crews to the location of a power line problem faster – resulting in fewer customers affected by outages.

"This award is a reflection of our team of innovators' diligent work to implement smart grid solutions that continue to improve the service we provide our customers," said Manny Miranda, senior vice president of Power Delivery for FPL. "We have made remarkable strides in our ability to monitor and manage the energy grid today compared to just a few years ago, helping us deliver greater reliability in good weather and bad."

Advanced technology is helping FPL reduce costs and improve system reliability, which is the best in Florida and among the best in the nation – nearly 50 percent better than the national average. Over the past five years, smart grid technology has helped FPL improve its service reliability by more than 25 percent. For several years, FPL has been investing in advanced smart grid technology and using predictive analytics to deliver real-time data directly to technicians in the field and engineers in the company's diagnostic centers. Engineers, in turn, analyze the data to measure and improve electric grid performance. In fact, smart grid technology is increasingly helping FPL identify power outages, often times before they occur, further improving service restoration times and operational efficiencies.

Key customer benefits of a smarter grid

·         Enhanced detection and prevention of outages

·         Faster response time when outages occur

·         Reduced operating costs through increased efficiencies

·         More information and customer control than ever before

The ISGAN Award of Excellence is given to one or more exemplary global smart grid projects each year at the conclusion of an annual international awards competition. Award of Excellence projects are judged by several criteria including innovation, economic rationale and reliability improvements. This award comes on the heels of FPL's nuclear power plants being recognized with the Nuclear Energy Institute's 2016 top innovation award for pioneering a unique program that significantly improves plant performance.

For more information, visit FPL.com/smartgrid.

Florida Power & Light Company
Florida Power & Light Company is the third-largest electric utility in the United States, serving more than 4.8 million customer accounts or more than 10 million people across nearly half of the state of Florida. FPL's typical 1,000-kWh residential customer bill is approximately 30 percent lower than the latest national average and, in 2015, was the lowest in Florida among reporting utilities for the sixth year in a row. FPL's service reliability is better than 99.98 percent, and its highly fuel-efficient power plant fleet is one of the cleanest among all utilities nationwide. The company was recognized in 2015 as one of the most trusted U.S. electric utilities by Market Strategies International. A leading Florida employer with approximately 8,800 employees, FPL is a subsidiary of Juno Beach, Fla.-based NextEra Energy, Inc. (NYSE: NEE), a clean energy company widely recognized for its efforts in sustainability, ethics and diversity, and has been ranked No. 1 in the electric and gas utilities industry in Fortune's 2016 list of "World's Most Admired Companies." NextEra Energy is also the parent company of NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world's largest generator of renewable energy from the wind and sun. For more information, visit these websites: www.NextEraEnergy.comwww.FPL.comwww.NextEraEnergyResources.com.

Duke Energy today declared a quarterly cash dividend on its common stock of $0.855 per share, an increase of $0.03 per share, or 3.6 percent.
The dividend is payable on Sept. 16, 2016, to shareholders of record at the close of business Aug. 12, 2016.
"For 90 consecutive years, Duke Energy's dividend has been as reliable as the energy we provide," said chairman, president and CEO Lynn Good. "Our dividend increase reflects our company's financial strength and long-term shareholder value – both of which result from our solid commitment to outstanding customer service."

About Duke Energy
Headquartered in Charlotte, N.C., Duke Energy is an S&P 100 Stock Index company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available at duke-energy.com.
The Duke Energy News Center serves as a multimedia resource for journalists and features news releases, helpful links, photos and videos. Hosted by Duke Energy, illumination is an online destination for stories about remarkable people, innovations, and community and environmental topics. It also offers glimpses into the past and insights into the future of energy.
Media Contact: Catherine Butler
24-Hour: 800.559.3853
Analyst Contact: Mike Callahan



The company has been contracted to install a total of 230 of its G97-2.0 MW class S and G114-2.0 MW class S turbines, custom-designed for the low wind speed sites typical of India

Gamesa continues to make solid inroads into the Indian market, reinforcing its leadership position with seven new orders1 for the supply of 460 MW in total to several customers.

The company will handle the turnkey construction of the most of the developments, as well as the supply, installation, commissioning and management of the operations and maintenance services of the facilities.

In all, Gamesa will supply 170 of its G114-2.0 class S turbines (340 MW) and 60 of its G97-2.0 MW class S (120 MW) turbines, both of which were specifically configured for the Indian market with the aim of maximising turbine performance at low wind speed sites. These projects are slated for commissioning during the first quarter of 2017.

Leadership position in India
These seven new projects reinforce Gamesa's positioning in India, where the company ranked as the number-one OEM in 2015 for the third year in a row. According to the most recent ranking compiled by specialist consultancy MAKE, Gamesa increased its share of the Indian market from 25% in 2014 to 34% in 2015, further widening the gap with respect to the number two player. As for the market's potential, MAKE is forecasting 30 GW of new wind power capacity additions in this market by 2025, driven the country's growing energy requirement.

Gamesa has been present in India, where it has installed over 3,000 MW since 2009. In the first quarter of 2016, India accounted for 26% of the company's total sales volume (in MW).

RES has delivered the first phase of offshore O&M consultancy services to Hitachi to support their O&M strategy for a Japanese offshore wind farm project planned for completion in the early 2020s. RES, who have extensive experience in the Korean and Japanese markets, have been working closely with Hitachi on the project that will contain Hitachi’s HTW5.0-126 downwind offshore wind turbine model. The provision of the services included an in-depth analysis of Hitachi’s planned O&M strategy and offshore logistics.
Filippo Di Salle, General Manager AO&M of RES Offshore said:“With our global project portfolio in wind, solar, transmission and energy storage exceeding 10GW together with our extensive offshore wind experience and knowledge we have been able to provide our technical and commercial expertise to Hitachi and support our Tokyo office for the emerging Japanese renewable energy market.”
Shinzo Inoue, Senior Engineer of Hitachi, Ltd. Said:“In Japan, offshore wind is at the very early stage of development. Players in this business field, including Hitachi, need much knowledge backed by experience in European market to advance offshore wind industry in Japan. Hitachi has learned much through the work with RES. This is valuable experience for us.”
RES (Renewable Energy Systems) is one of the world’s leading independent renewable energy companies. At the forefront of renewable energy development for over 30 years, RES has developed and/or built over 10GW of renewable energy capacity worldwide. RES' core activities are onshore wind, offshore wind and solar, and technologies that will be enablers to a low carbon future – Energy Storage, Demand Side Management and Transmission. RES is headquartered in the United Kingdom and operates across the globe.
Hitachi, Ltd. headquartered in Tokyo, Japan, delivers innovations that answer society’s challenges. The company’s consolidated revenues for fiscal 2015 (ended March 31, 2016) totaled 10,034.3 billion yen ($88.8 billion). The Hitachi Group is a global leader in the Social Innovation Business, and it has approximately 335,000 employees worldwide. Through collaborative creation, Hitachi is providing solutions to customers in a broad range of sectors, including Power / Energy, Industry / Distribution / Water, Urban Development, and Finance / Government & Public / Healthcare.

Fiona McAra (This email address is being protected from spambots. You need JavaScript enabled to view it.)
Hitachi: Suzumi Higuchi (This email address is being protected from spambots. You need JavaScript enabled to view it.)

Siemens has been awarded a long-term contract extension for service and maintenance at the 350-megawatt (MW) Clyde wind farm in Scotland. The customer is Clyde Windfarm (Scotland), LTD, owned by SSE, Greencoat UK Wind and GLIL. This is the sixth service agreement Siemens has signed with majority shareholder SSE since July 2015. The Clyde wind farm is comprised of 152 SWT-2.3-93 wind turbines and is capable of powering 300,000 average homes in the UK. The project has been serviced and maintained by Siemens since beginning commercial operation in 2011 and is located near Crawford in South Lanarkshire, Scotland.

Siemens is providing long-term service and maintenance for the 152 SWT-2.3-93 wind turbines at the Clyde wind farm in Scotland, one of Europe's largest wind energy projects. Advanced remote monitoring and diagnostics, part of the Siemens Digital Services for Energy, powered by Sinalytics portfolio provides predictive maintenance support.

Under terms of the agreement, Siemens will provide long-term service and maintenance services for an additional 15 years with its SWPS-300W maintenance agreement. The SWPS-300W is the most comprehensive onshore wind service package available from Siemens, and includes a guarantee of availability and extended warranty on major components over the entire term. With its sophisticated monitoring, management and data analysis tools, Siemens' Remote Diagnostics Services, part of the Siemens Digital Services portfolio, supports predictive maintenance planning by identifying potential issues before they impact operations.

"This extension underscores our commitment to providing customers with value-driven service plans targeted to their specific operational needs and complemented with our advanced digital services," said Mark Albenze, CEO of Siemens Power Generation Services, Wind Power and Renewables business unit. "Ensuring wind energy continues as a viable and reliable renewable energy source in the UK requires the very best service and maintenance support over the entire lifecycle of the turbines. We thank Clyde Windfarm (Scotland), LTD for their confidence in our products and services and look forward to continuing our close collaboration with them."

In 2015, Siemens received an order for the supply, installation, commissioning and servicing of 54 direct drive wind turbines at the Clyde Extension project. The SWT-3.2-101 turbines will add another 172.8 MW to the Clyde wind farm. With its existing capacity of 350 MW, Clyde is already one of the largest onshore wind power plants in Europe.
In addition to the Clyde and Clyde Extension projects, Siemens has signed service agreements with four other wind farms (Galway Phases 1 and 2, Toddleburn and Tievenameenta) owned and/or operated by SSE within the last year. Siemens wind turbines are currently in operation or under construction at 18 SSE onshore wind farms, with a total generating capacity nearly one gigawatt (GW).

Siemens services and maintains almost half of the UK's total wind-generating capacity – approximately 2,200 Siemens wind turbines at over 60 wind farms (onshore and offshore) delivering approximately 6.4 GW in total. Globally, Siemens is providing service and maintenance for more than 10,000 wind turbines, with a combined generating capacity of approximately 24 GW.
For further information on Division Power Generation Services, please see: www.energy.siemens.com/hq/en/services/
For further information on Wind Power Services, please see: www.energy.siemens.com/hq/en/services/renewable-energy/wind-power/

Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world's largest producers of energy-efficient, resource-saving technologies, Siemens is No. 1 in offshore wind turbine construction, a leading supplier of gas and steam turbines for power generation, a major provider of power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2015, which ended on September 30, 2015, Siemens generated revenue of €75.6 billion and net income of €7.4 billion. At the end of September 2015, the company had around 348,000 employees worldwide. Further information is available on the Internet at www.siemens.com.

WEC Projects (Pty) Ltd, a contractor specialising in turnkey water and wastewater treatment solutions in South Africa, has acquireda majority stake in Industrial Water Cooling(Pty) Ltd (IWC), a company specialising in cooling tower and industrial cooling solutions.

The partnership is effective immediately and replaces private equity company, MEDU Capital’sstake in IWC.“I am very pleased to announce that we have a new business partner in WEC Projects. I am of the firm belief that in WEC we have found a like-minded business partner that understands the contracting environment in which we operate,”comments Roger Rusch, Managing Director of IWC. 

Johannesburg-based WEC Projects has been operating as a contractor in the water and wastewater treatment industry since 2002. The company specialises in designing, manufacturing and installing water and wastewater treatment plants, such as packaged potable water treatment plants, sewage treatment plants, industrial filtration plants, submerged membrane bioreactors, reverse osmosis plants, reverse osmosis pre-treatment systems, dissolved air floatation devices and lamella settlers. 

WEC Projects are also pioneers in biogas to energy technology, having designed, supplied and installed South Africa’s first such plant at a municipal wastewater site. The technology converts wastewater sludge into biogas that is then used to fuel a gas engine that produces electricity. As a result of this technology, municipalities are able to subsidise their electrical costs by what they are able to produce themselves, utilising a waste material that now has significant commercial value.

IWC, originally founded in 1986 as Industrial Water Cooling, specialises in evaporative water cooling, heat exchangers and GRP solutions for numerous applications across the mining, power generation, petrochemical, and water and sanitation industries. 

About IWC
IWC are African leaders in cooling tower technology, delivering world-class, fully-integrated solutions across all industries, from mining; power generation and petrochemical; water and sanitation; to light industrial. IWC’s products and services include the design, manufacture and installation of GRP piping, fittings, tanks and other process equipment. Additionally, IWC also undertakes repairs and refurbishment projects and other associated services. For more information visit: www.iwc.co.za or contact
IWC on +27 (0) 11 466 0699


About WEC Projects (Pty) Ltd 
WEC Projects is a specialist turnkey contractor supplying a range of packaged water & wastewater treatment plants as well as design and implementation of biogas to energy projects that are specifically engineered to their clients’ requirements.Products include packaged potable water treatment plants, sewage treatment plants, industrial filtration plants, submerged membrane bioreactors, reverse osmosis plants, reverse osmosis pre-treatment systems, dissolved air floatation devices and lamella settlers.The company is based in Diepsloot, Johannesburg.For more information visit www.wecprojects.co.za or Contact WEC Projects on +27 (0) 11 745 5500/1/2/3/4.




Tidal technology developer OpenHydro, a DCNS company, has been honoured in three categories at the Marine Industry Awards which took place at the Radisson Blu Hotel, Galway last night, Thursday 30th June.

The Offshore Ireland Award, Excellence in Marine Renewable Energy Award and the Overall Marine Excellence Award were secured by OpenHydro for its pioneering activities in the development of tidal turbine technology. Established in 2005, OpenHydro specialises in the design, manufacture and installation of marine turbines generating renewable energy from tidal streams, silently, invisibly and with no impact on the environment.

Commenting on achieving the top award for offshore exploration and development, Andrew Good, head of Resource Assessment at OpenHydro said: “We are delighted to have won the Offshore Ireland award. It is a great honour and is further recognition of the exciting and innovative work we do at OpenHydro.”

The Marine Industry awards, now in its second year, acknowledges the individuals and companies that play a significant role in the growth and development of the industry in Ireland while recognising the key functions within the industry that promote growth and sustainability.

James Ives, Chief Executive at OpenHydro, said: “We are delighted to receive these prestigious awards which recognise the ground-breaking work taking place at OpenHydro and our contribution to the development of the marine industry in Ireland. We are now, with DCNS’ support, transitioning from research and development, to a company focused on industrial supply to our international projects”.

OpenHydro press office
00353 (0) 877 972 660
This email address is being protected from spambots. You need JavaScript enabled to view it.

About OpenHydro
OpenHydro is a DCNS company specialising in the design, manufacture and installation of marine turbines generating renewable energy from tidal streams. The company’s vision is to deploy turbine arrays under the surface of the oceans to produce energy silently, invisibly and with no impact on the environment. OpenHydro has achieved a number of industry firsts including being the first to deploy a tidal turbine at the European Marine Energy Centre (EMEC), the first to connect to and generate electricity from tidal streams onto the UK National Grid and the first to successfully demonstrate a method of safely and economically deploying and recovering turbines directly on the seabed. The deployment and recovery method delivers a step change in the economics of tidal energy. OpenHydro has a project portfolio spanning Canada, France, Northern Ireland, Scotland and the Channel Islands with utility partners including Emera, EDF, Brookfield Renewable Energy Group, SSE Renewables and Alderney Renewable Energy. OpenHydro has won a number of awards for its innovations in the field of renewable energy technology. About DCNS DCNS is the European leader in naval defense and a major player in renewable marine energy. It is a hightech company with a global reach built on meeting the needs of its customers through its unique expertise, unique industrial resources and ability to mount innovative strategic partnerships. The Group designs, builds and supports the service of submarines and surface ships. It also provides services for naval shipyards and bases. The Group offers a wide range of solutions in renewable marine energy. Attentive to social responsibility issues, DCNS is a member of the UN Global Compact. The Group achieved a turnover of 3.04 billion Euros and has 12,953 employees (data 2015). www.dcnsgroup.com

ORPC Ireland Ltd., a subsidiary of Portland-based Ocean Renewable Power Co., has been selected to enter the grant agreement stage of a project that will increase the performance and reliability of transferring energy from its renewable marine energy technology to the electric grid.
ORPC Ireland's request was one of 78 proposals submitted to Horizon 2020, the European Union's Framework Programme for Research and Innovation, according to a release from ORPC.
"The whole ocean energy industry deeply appreciates Horizon 2020's critical support and ORPC, in particular, is thrilled to receive such a strong endorsement of our technology," ORPC President and CEO Chris Sauer said in a statement.
As Mainebiz reported in May 2015, the company opened ORPC Ireland Ltd. after months of discussions with Irish officials who visited Maine several times to learn first-hand about ORPC's Cobscook Bay pilot ocean energy project in Eastport, which made history in 2012 when it became the first hydrokinetic tidal energy project to deliver electricity to a utility grid in the Americas. ORPC also installed and operated its first river power system in the remote Alaskan village of Igiugig last summer, successfully delivering power to shore.

Market Movers

Allete, Inc.

NYQ : ALE - 29 Jul, 4:02pm
+0.61 (+0.96%) After Hours:
Open 63.43 Mktcap 3.14B
High 64.00 52wk Hight 65.41
Low 63.04 52wk Low 45.86
Vol 183774 Avg Vol 228278
Eps 3.20 P/e 21.24
Currency: USD

Alliant Energy Corporation Comm

NYQ : LNT - 29 Jul, 4:08pm
+0.29 (+0.73%) After Hours:
Open 39.95 Mktcap 9.14B
High 40.27 52wk Hight 40.99
Low 39.85 52wk Low 27.14
Vol 1.96M Avg Vol 2.12M
Eps 1.90 P/e 24.12
Currency: USD

CMS Energy Corporation Common S

NYQ : CMS - 29 Jul, 4:03pm
+0.19 (+0.42%) After Hours:
Open 45.00 Mktcap 12.61B
High 45.41 52wk Hight 46.25
Low 44.98 52wk Low 31.86
Vol 2.33M Avg Vol 2.05M
Eps 2.02 P/e 25.79
Currency: USD

Consolidated Edison, Inc. Commo

NYQ : ED - 29 Jul, 4:05pm
+0.20 (+0.25%) After Hours:
Open 79.78 Mktcap 23.54B
High 80.85 52wk Hight 81.88
Low 79.55 52wk Low 60.30
Vol 2.34M Avg Vol 2.20M
Eps 3.99 P/e 20.85
Currency: USD

Duke Energy Corporation (Holdin

NYQ : DUK - 29 Jul, 4:05pm
+0.39 (+0.46%) After Hours:
Open 85.45 Mktcap 58.96B
High 85.99 52wk Hight 87.31
Low 85.21 52wk Low 65.50
Vol 3.20M Avg Vol 3.10M
Eps 4.60 P/e 22.35
Currency: USD

Exelon Corporation Common Stock

NYQ : EXC - 29 Jul, 4:00pm
+0.42 (+1.14%) After Hours:
Open 36.82 Mktcap 34.37B
High 37.40 52wk Hight 37.55
Low 36.70 52wk Low 25.09
Vol 4.71M Avg Vol 4.97M
Eps 2.53 P/e 19.33
Currency: USD

NorthWestern Corporation Common

NYQ : NWE - 29 Jul, 4:02pm
+0.24 (+0.40%) After Hours:
Open 60.59 Mktcap 2.93B
High 61.07 52wk Hight 63.75
Low 60.32 52wk Low 48.47
Vol 256914 Avg Vol 251392
Eps 3.27 P/e 20.57
Currency: USD

SCANA Corporation Common Stock

NYQ : SCG - 29 Jul, 4:07pm
+1.00 (+1.35%) After Hours:
Open 74.00 Mktcap 10.71B
High 75.10 52wk Hight 76.41
Low 73.75 52wk Low 50.17
Vol 777364 Avg Vol 912908
Eps 3.96 P/e 20.52
Currency: USD

UNITIL Corporation Common Stock

NYQ : UTL - 29 Jul, 4:02pm
+0.05 (+0.11%) After Hours:
Open 43.68 Mktcap 614.63M
High 44.07 52wk Hight 45.16
Low 43.62 52wk Low 33.75
Vol 32602 Avg Vol 37036
Eps 1.81 P/e 25.05
Currency: USD

Westar Energy, Inc. Common Stoc

NYQ : WR - 29 Jul, 4:08pm
+0.11 (+0.20%) After Hours:
Open 55.50 Mktcap 7.87B
High 55.65 52wk Hight 57.25
Low 55.46 52wk Low 34.90
Vol 823739 Avg Vol 1.90M
Eps 2.45 P/e 25.68
Currency: USD

WEC Energy Group, Inc. Common S

NYQ : WEC - 29 Jul, 4:02pm
+0.74 (+1.15%) After Hours:
Open 64.31 Mktcap 20.49B
High 65.17 52wk Hight 66.10
Low 64.19 52wk Low 46.23
Vol 1.59M Avg Vol 2.01M
Eps 2.93 P/e 24.30
Currency: USD

Xcel Energy Inc. Common Stock

NYQ : XEL - 29 Jul, 4:03pm
+0.22 (+0.50%) After Hours:
Open 43.74 Mktcap 22.34B
High 44.16 52wk Hight 45.42
Low 43.74 52wk Low 32.43
Vol 2.88M Avg Vol 3.11M
Eps 2.20 P/e 20.84
Currency: USD