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Multibrand Service – No Matter the Make High
Turn to one-of-a-kind service for all kinds of turbines Multibrand Service – no matter the make High The wind industry is going through a critical period of change, and although in OEM: Cost-out OEM: our fast-paced industry change is nothing new, this shake-up is more Bare-bones Driven Engi- Agnostic Ser- Where there’s wind, fundamental than most – with the challenges to match. Inefficient repair loops, ISPs neering some vice Focused unexpected and unbudgeted failures well outside of the warranty period, poorly self performers Engineering monitored equipment with a limited supply chain and even turbine manufac- turers who pull out of markets altogether. Things go wrong when things don’t ISPs redefining there’s a way OEM: Service themselves Some self- turn. So providers and owners must quickly learn to adapt. Which above all else Focused and some self- performers requires one thing: innovative, cost-effective engineering. Engineering Our Multibrand Services stand out – performers With more than 20 years of multibrand OEM service experience, Siemens OEM Prod- for cost and quality Cost Competitiveness Costly Gamesa puts unparalleled assets to work on your behalf. We harness a strong Expensive ISPs uct Focused low value engineering workforce, third-party experts, vast engineering know-how and without value- Engineering: engineering proposition engineering deep market knowledge to improve your LCoE and maximize availability – focused firms no matter the market, no matter the make. focused firms Low Engineering / Innovation Focus In the multibrand service market, the combination of cost efficiency and strong, innovative engineering is rare. But one provider delivers both: Siemens Gamesa Made by our competitors, serviced like our own Your OEM is our USP Turbines and wind make for high-yield assets, but when the time comes for cost-effective service solutions, people are our most valued resource. -
Gravity-Based Foundations in the Offshore Wind Sector
Journal of Marine Science and Engineering Review Gravity-Based Foundations in the Offshore Wind Sector M. Dolores Esteban *, José-Santos López-Gutiérrez and Vicente Negro Research Group on Marine, Coastal and Port Environment and other Sensitive Areas, Universidad Politécnica de Madrid, E28040 Madrid, Spain; [email protected] (J.-S.L.-G.); [email protected] (V.N.) * Correspondence: [email protected] Received: 27 December 2018; Accepted: 24 January 2019; Published: 12 March 2019 Abstract: In recent years, the offshore wind industry has seen an important boost that is expected to continue in the coming years. In order for the offshore wind industry to achieve adequate development, it is essential to solve some existing uncertainties, some of which relate to foundations. These foundations are important for this type of project. As foundations represent approximately 35% of the total cost of an offshore wind project, it is essential that they receive special attention. There are different types of foundations that are used in the offshore wind industry. The most common types are steel monopiles, gravity-based structures (GBS), tripods, and jackets. However, there are some other types, such as suction caissons, tripiles, etc. For high water depths, the alternative to the previously mentioned foundations is the use of floating supports. Some offshore wind installations currently in operation have GBS-type foundations (also known as GBF: Gravity-based foundation). Although this typology has not been widely used until now, there is research that has highlighted its advantages over other types of foundation for both small and large water depth sites. There are no doubts over the importance of GBS. -
The 4Th Wind Energy Systems Engineering Workshop
The 4th Wind Energy Systems Engineering Workshop September 13th-14th, 2017 Risø DTU National Laboratory for Sustainable Energy Roskilde, Denmark Sponsored by: DTU Wind Energy National Renewable Energy Laboratory Workshop Agenda Overview: The 4th workshop on systems engineering for wind energy will take place on the 13th and 14th of September, 2017. The first workshop in December 2010 was a success in catalyzing interest in this important topic among participants from industry, the national laboratories and academia. The second and third workshops in January 2013 and 2015, respectively, with more than 100 participants each, demonstrated the significant growth in interest from the research and industry community surrounding systems engineering for wind energy and integrated approaches to wind turbine and plant design. At this fourth workshop, DTU Wind Energy and NREL will be hosting the workshop in Europe to encourage participation from European wind energy systems engineering practitioners and interested parties. This year’s theme will be on exposing interactions in the system and exploring how different wind energy stakeholders addressing them in new, integrated and innovative ways. Short Agenda Wednesday, September 13th, 2017 8:30 a.m. – 9:00 a.m. Registration and Breakfast 8:30 a.m. ‒ 12:15 p.m. Morning sessions 12:15 p.m. ‒ 1:00 p.m. Lunch 1:30 p.m. ‒ 5:45 p.m. Afternoon sessions 5:45 p.m. ‒ 7:30 p.m. Evening reception and poster session (appetizers) Thursday, September 14th, 2017 8:00 a.m. – 8:30 a.m. Registration and Breakfast 8:30 a.m. ‒ 12:00 p.m. -
Ministry of New and Renewable Energy Government of India Wind Energy Division
Ministry of New and Renewable Energy Government of India Wind Energy Division Wind Turbine Models included in the RLMM after declaration of new procedure (i.e 01 November 2018) As on 28.09.2020 S. No Manufacturing Company with contact Company Incorporation Details License/ Model Name Rotor Dia (RD) Hub Height Tower Type Capacity (kW) Type Certificate Manufacturing system Certificate / ISO Certificate details Collaboration/ (m) (HH) (m) Joint Venture Date Document According to Any Outstanding Validity till Document According to Validity till Document Issues 1 M/s. Regen Powertech Private Limited 27-12-2006 Regen CoI VENSYS VENSYS 116 116.1 90 Tubular Steel 2000 ($$) S-Class/Turbulance No 07-11-2021 Vensys 116 TC ISO: 9001 : 2015 29-04-2023 Regen ISO Sivanandam, 1st Floor, New No. 1, Pulla Energy AG, B-Class (GL Avenue, Shenoy Nagar, Chennai, Tamil Nadu - Germany 2010/IEC 61400- 600030 1:1999) Phone:044-42966200 2 Fax :044-42966298/99 VENSYS 87 86.6 85 Tubular Steel 1500 IEC Class III B (GL No 26-01-2022 Vensys 87 TC Email: [email protected] 2010) 3 M/s Envision Wind Power Technologies India 12-07-2016 Envision CoI Envision EN 115 2.3 MW 115.9 90.32 Tubular Steel 2300 IEC Class III A No 09-11-2021 Envision EN 115 ISO: 9001: 2015 01-05-2021 Envision ISO (Pvt.) Ltd., Energy(JIANG IEC IIIA (GL/ IEC 61400- TC Level 9, Platina, C-59, G Block, BKC, Bandra SU) Co., Ltd., 22:2010) East, Mumbai-400051 China Tel: 022-67000988 / 080-61296200, Fax: 022-67000600 4 Envision EN2.5-131 131 100 / 120 Tubular Steel 2500 IEC 61400-22:2010 No 11-07-2023 Envision EN 131 Email: [email protected], 50Hz IEC S HH120 [email protected] TC 5 M/s. -
Corporate Non-Financial Reporting in Germany
Copyright © Development International e.V., 2019 ISBN: 978-3-9820398-1-7 Authors: Chris N. Bayer, PhD Gisella Vogel Sarah Kaltenhäuser Katherine Storrs Jiahua (Java) Xu, PhD Juan Ignacio Ibañez, LL.M. Title: A New Responsibility for Sustainability: Corporate Non-Financial Reporting in Germany Date published: May 6, 2019 Funded by: iPoint-systems gmbh www.ipoint-systems.com Executive Summary Germany's economy is the fourth-largest in the world (by nominal GDP), and with 28% of the euro area market, it represents the largest economy in Europe.1 Considering the supply chains leading to its economy, Germany's cumulative environmental, social and governance performance reverberates globally. The EU Non-Financial Reporting Directive (NFRD) is the impetus behind this study – a new regulation that seeks to “increase the relevance, consistency and comparability of information disclosed by certain large undertakings and groups across the Union.”2 Large undertakings in EU member states are not only required to report on their financial basics, now they are also required by Article 1 of the Directive to account for their non- financial footprint, including adverse impacts they have on the environment and supply chains. In accordance with the Directive, the German transposition stipulates that the non-financial declaration must state which reporting framework was used to create it (or explain why no framework was applied), as well as apply non-financial key performance indicators relevant to the particular business. These requirements are our point of departure: We systematically assess the degree of non-financial transparency and performance reporting for 2017 applying an ex-post assessment framework premised on the Global Reporting Initiative (GRI), the German Sustainability Code (Deutscher Nachhaltigkeitskodex, DNK) and the United Nations Global Compact (UNGC). -
Nordex Group Announces New N149/5.X Turbine
PRESS RELEASE Entering the 5 MW class: Nordex Group announces new N149/5.X turbine Powerful addition to the Delta4000 series presented in 2017 Hamburg, 26 March 2019. The Nordex Group is extending its product portfolio with a multi-megawatt machine in the 5 MW class. After the N149/4.0-4.5 and the N133/4.8, the new N149/5.X is the third turbine type in the Delta4000 series. The N149/5.X is designed for moderate and light-wind areas and can also perform optimally at sites with complex requirements. Apart from the classic core markets in Europe, the target markets for the N149/5.X also cover global growth regions such as South Africa, Australia and South America. The N149/5.X is designed for maximum flexibility and can be operated in different modes in the 5 MW range depending on site requirements and customer needs. This enables customers to individually configure the wind farm in terms of the output, capacity and lifetime of the turbine, as well as with regard to sound requirements, and thus adapt it ideally to the company's respective business model. The N149/5.X is a logical progression based on the successful approach of a flexible power range in the N149/4.0-4.5. "Thanks to the proven technological basis of the Delta4000 product series we are in a position to continuously develop highly efficient solutions for different wind regimes and different geographical regions and to ensure short lead times for product launches. We have designed the N149/5.X with its maximum flexibility and efficiency to exactly meet the needs of our customers," says José Luis Blanco, CEO Nordex Group. -
Investigation of Innovative Rotor Concepts for the Big Adaptive Rotor
Investigation of Innovative Rotor Concepts for the Big Adaptive Rotor Project Nick Johnson,1 Pietro Bortolotti,1 Katherine Dykes,1 Garrett Barter,1 Patrick Moriarty,1 Scott Carron,1 Fabian Wendt,1 Paul Veers,1 Josh Paquette,2 Chris Kelly,2 2 and Brandon Ennis 1 National Renewable Energy Laboratory 2 Sandia National Laboratories NREL is a national laboratory of the U.S. Department of Energy Technical Report Office of Energy Efficiency & Renewable Energy NREL/TP-5000-73605 Operated by the Alliance for Sustainable Energy, LLC September 2019 This report is available at no cost from the National Renewable Energy Laboratory (NREL) at www.nrel.gov/publications. Contract No. DE-AC36-08GO28308 Investigation of Innovative Rotor Concepts for the Big Adaptive Rotor Project Nick Johnson,1 Pietro Bortolotti,1 Katherine Dykes,1 Garrett Barter,1 Patrick Moriarty,1 Scott Carron,1 1 1 2 2 Fabian Wendt, Paul Veers, Josh Paquette, Chris Kelly, 2 and Brandon Ennis 1 National Renewable Energy Laboratory 2 Sandia National Laboratories Suggested Citation Johnson, Nick, Pietro Bortolotti, Katherine Dykes, Garrett Barter, Patrick Moriarty, Scott Carron, Fabian Wendt, Paul Veers, Josh Paquette, Chris Kelly, and Brandon Ennis. 2019. Investigation of Innovative Rotor Concepts for the Big Adaptive Rotor Project. Golden, CO: National Renewable Energy Laboratory. NREL/TP-5000-73605. https://www.nrel.gov/docs/fy19osti/73605.pdf. NREL is a national laboratory of the U.S. Department of Energy Technical Report Office of Energy Efficiency & Renewable Energy NREL/TP-5000-73605 Operated by the Alliance for Sustainable Energy, LLC September 2019 This report is available at no cost from the National Renewable Energy National Renewable Energy Laboratory Laboratory (NREL) at www.nrel.gov/publications. -
Interim Financial Report, Second Quarter 2021
Company announcement No. 16/2021 Interim Financial Report Second Quarter 2021 Vestas Wind Systems A/S Hedeager 42,8200 Aarhus N, Denmark Company Reg. No.: 10403782 Wind. It means the world to us.TM Contents Summary ........................................................................................................................................ 3 Financial and operational key figures ......................................................................................... 4 Sustainability key figures ............................................................................................................. 5 Group financial performance ....................................................................................................... 6 Power Solutions ............................................................................................................................ 9 Service ......................................................................................................................................... 12 Sustainability ............................................................................................................................... 13 Strategy and financial and capital structure targets ................................................................ 14 Outlook 2021 ................................................................................................................................ 17 Consolidated financial statements 1 January - 30 June ......................................................... -
Wind Energy and Economic Recovery in Europe How Wind Energy Will Put Communities at the Heart of the Green Recovery
Wind energy and economic recovery in Europe How wind energy will put communities at the heart of the green recovery Wind energy and economic recovery in Europe How wind energy will put communities at the heart of the green recovery October 2020 windeurope.org Wind energy and economic recovery in Europe: How wind energy will put communities at the heart of the green recovery WindEurope These materials, including any updates to them, are The socio-economic impact evaluation of wind energy on published by and remain subject to the copy right of the European Union has been carried out using the SNA93 the Wood Mackenzie group ("Wood Mackenzie"), its methodology (System of National Accounts adopted in licensors and any other third party as applicable and are 1993 by the United Nations Statistical Commission) and made available to WindEurope (“Client”) and its Affiliates Deloitte’s approaches, which evaluate the effects of the under terms agreed between Wood Mackenzie and Client. renewable energy in the economy. The use of these materials is governed by the terms and conditions of the agreement under which they were Deloitte has provided WindEurope solely with the services provided. The content and conclusions contained are and estimations defined in the proposal signed by confidential and may not be disclosed to any other person WindEurope and Deloitte on March 13th, 2020. Deloitte without Wood Mackenzie's prior written permission. accepts no responsibility or liability towards any third The data and information provided by Wood Mackenzie party that would have access to the present document should not be interpreted as advice. -
Use Wind Intelligently. Live Sustain- Ability
SUSTAINABILITY REPORT USE WIND INTELLIGENTLY LIVE SUSTAINABILITY USE WIND INTELLIGENTLY. LIVE SUSTAIN- consolidated net profit 2017 in EUR million, ABILITY. 2016: EUR 141.8 million As a company that is fully aware of its responsi- bilities, through our wind energy systems we aim to contribute to climate-friendly energy gener- ation – and ensure sustainable thinking is em- bedded in all areas of our Company. installed capacity 2017 in MW, WE ARE NORDEX 2016: 2,622 MW THE NORDEX GROUP is one of the world’s lead- ing providers of high-performance wind power systems. The Group unites the two formerly in- dependent manufacturers – Acciona Windpower and Nordex – which complement each other per- fectly. Whereas Acciona Windpower generates employees 2017 at the reporting date, the majority of its revenues from major projects in growth markets, Nordex focuses its business 2016: 5,129 employees activities on Europe. By bundling these business activities, we cover around 90 percent of the markets (excluding China) for onshore systems. As both sections of our Company have different focus areas we can offer suitable wind turbines to meet very different requirements. Our manu- facturing network includes facilities in Germany, Spain, Brazil and India. In 2017 we also estab- lished a technology center in Denmark for rotor energy consumption per installed blade development. Nordex’s focus lies not only capacity 2017 in kWh / MW, on sustainable economic growth but also on 2016: 22,819 kWh / MW taking responsibility and countering the chal- lenges posed by climate change. Our Sustain- ability Strategy forms the foundation for our actions, entitled: ‘Use wind intelligently – live sustainability’. -
Vestas Wind Systems (VWS.CO) Is a Danish Manufacturer of Wind Turbines Listed at the Copenhagen Stock Exchange
Vestas Wind Systems (CPN: VWS.CO) Andreas Helland Recommendation: LONG with a 13.5% HPR on a five-year horizon Executive Summary The recent share price drawdown of 25% (see exhibit 1 for share price VWS.CO 4/16/2021 chart) has created an opportunity to own a high-quality, capital light EUR business with a long runway for high ROIC growth as wind energy takes a Price 159.4 larger share of the global energy mix due to learning-curve induced Shares Outstanding 200.9 improvement in wind park unit economics. Market Cap 32,015 + Total debt 908 VWS.CO is a long-time market leader in the manufacturing and - Cash 3,174 installation of onshore and offshore wind turbines (Power Solutions) Enterprise Value 29,749 combined with the largest under-service installed base of wind turbines 52-wk high 208.7 (Services). The recent cycle’s price pressure on new installations has led 52-wk low 68.6 to consolidation with an outlook for softer competitive dynamics with Avg. Daily Volume 776,000 Float (%) 96% investments at higher ROICs going forward. 5Y Beta 0.88 The base case forecasts a 13.6% annual holding period return for a horizon of 5 years. While the stock is not cheap at the current valuation 25x EV/EBIT, the recent multiple compression from 30x EV/EBIT led by one-off market share loss to GE and Chinese players due to lapsing subsidies in their home market leaves a greater margin of safety against multiple compression eating into the returns. Summary Financials FYE, EUR 2015 2016 2017 2018 2019 2020 Revenue 8,423 10,237 9,953 10,134 12,147 14,819 Power -
Drägerwerk AG & Co. Kgaa Single Entity Financial Statements for 2010
Single entity financial statements and management report of Drägerwerk AG & Co. KGaA AS OF DECEMBER 31, 2010 MANAGEMENT REPORT FINANCIAL STATEMENTS NOTES 1 CONTENTS Management report of Drägerwerk AG & Co. KGaA 2 Forward-looking statements 37 Single entity financial statements of Drägerwerk AG & Co. KGaA 39 Income statement of Drägerwerk AG & Co. KGaA from January 1 to December 31, 2010 39 Balance sheet of Drägerwerk AG & Co. KGaA as of December 31, 2010 40 Analysis of non-current assets of Drägerwerk AG & Co. KGaA 42 Notes to Drägerwerk AG & Co. KGaA single entity financial statements 2010 44 The Company’s Boards 70 Major direct and indirect shareholdings of Drägerwerk AG & Co. KGaA 76 Management compliance statement 81 2 IMPORTANT CHANGES IN FISCAL YEAR 2010 Management report of ting of Drägerwerk AG & Co. KGaA on May 8, 2009. The annual shareholders’ meeting had authorized Dräger - Drägerwerk AG & Co. KGaA werk Verwaltungs AG to increase the capital stock of the Company, with the approval of the Supervisory Board of the Company, through a single or multiple issue of new bearer common shares (no-par shares) in return for cash Important changes in fiscal year 2010 and/or deposits in kind by up to EUR 16,256,000.00 (approved capital). CAPITAL INCREASE On June 30, 2010, Drägerwerk AG & Co. KGaA increased The Company offered the new ordinary shares to the sha - its capital stock by EUR 9,753,600 to EUR 42,265,600 by reholders at a ratio of 10:3 at a subscription price of issuing 3,810,000 new bearer common shares (no-par EUR 27.50 each by way of an indirect subscription right shares) with a share of EUR 2.56 each in capital stock (Sec.