Press Releases

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Solar tracker manufacturer has shipped 6GW of solar trackers globally.

The order has been placed with the German photovoltaic specialist by Hungarian EPC and distributor Szalontai.

r Ece Gürsoy, Chief Legal Officer, director and company secretary at Lightsource is the winner of The Legal 500 UK in-house individual of the year: Environment category for 2016.

A group of companies are announcing the launch of the global Bright Minds Challenge to identify and help accelerate the scaling of solutions for 100% renewable energy – focusing on solar and energy storage.

Apricum, a transaction advisory and strategy consulting firm specialized in renewable energy, announces the appointment of Yusuf Macun as partner. He joins existing partners Nikolai Dobrott, Florian Haacke, Dr. Moritz Borgmann and Florian Mayr and will lead Apricum’s project finance advisory practice from his base in Abu Dhabi and Dubai.

Macun’s banking and finance background enables Apricum to offer its clients a full-service package around large-scale renewable-energy projects, ranging from commercial advisory and coordinating functions to procurement advisory, full financial structuring, debt and equity arranging and financial modeling.

“We are seeing significant demand for Apricum’s specialist financial and commercial advisory services. We have been on the lookout for the right person who can lead and further develop this area of our business and we are thrilled that Yusuf is coming on board,” said Nikolai Dobrott, Apricum’s founder and managing partner.

“It is a privilege to join Apricum and its world-class team to build a project finance advisory practice servicing clients across Europe, Middle East, Africa and Asia,” Yusuf Macun said.

Yusuf Macun has over 20 years of experience in energy and infrastructure financing and investments, with a focus on the power, infrastructure, oil and gas and renewables sectors. His impressive track record includes the successful closing of cross-border deals in excess of USD 17B in a range of emerging and developed markets, in particular the Middle East and Sub-Saharan Africa. Macun will continue to advise on non-renewable transactions through a separate platform to be announced in thehttp://www.apricum-group.com/apricum-appoints-new-partner-yusuf-macun/

meteocontrol supplies the monitoring solution VCOM virtual control room to E.ON control console in Munich

Stone Soup Solutions, LLC announced today its current development plans to construct 100 megawatt (MW) of utility-scale solar farm projects in North Carolina, South Carolina and Virginia over the next 12 months. S3, a subsidiary of AFG Partners, LLC, is a renewable provider that has an integrated approach comprised of development, engineering, procurement, construction, operations, and maintenance.

The S3 team, led by Michael D. Whitson as President and Co-Founder, are considered pioneers in the solar industry by creating the first comprehensive quality and surety American Society for Testing and Materials (ASTM) standard for solar photovoltaic (PV), E3010-15, requiring best practices and process beyond mandated codes and standards. The ASTM 3010-15 standard represents a quality foundation for superior construction of PV assets. “In collaboration with the Clean Tech Energy Center at North Carolina State University and other industry partners, this is a first step in improving comprehensive system quality and surety for owners, investors and utility companies,” says Whitson. The ASTM 3010-15 standard in addition to S3’s operation and maintenance (O&M) plan and S3 trained technicians will enable their solar systems to be a high value asset with consistent revenue streams, allowing profits to be maximized over 25 years.

S3 will debut their next generation asset management software system that will provide granular data analytics and management, documenting all components with its history to the module level. All construction and management activities are done with geospatial locating that allows an easier method to identify and correct maintenance issues. S3’s granular data analytics brings predictability to the solar plants, as well as preventative maintenance sureties to ensure optimal performance over the lifetime of the system.

S3 has chosen Willis Towers Watson (WTW) as its insurance broker and risk management partner. WTW is a global firm offering specialized products for the solar industry. “S3 has an impressive reputation of overseeing the design, construction and operations / management of solar assets that consistently exceed forecasted output thus creating a reliable revenue stream for the assets’ owners,” says Danny Seagraves, Vice President of WTW and a member of their Global Renewable Energy Practice. Combining S3’s capabilities with the suite of revenue protection products offered by WTW allows investors to enjoy a risk profile akin to a corporate bond with an investment yield that is a multiple of those bonds.

The development of the 100 MW solar portfolio is being done by S3’s parent company, AFG Partners, LLC. AFG Partners has been successful in providing a direct link between the solar projects and the local communities to ensure job creation, economic stimulus and philanthropic outreach programs. Another highlighted feature of AFG and S3’s community involvement is the establishment of training centers to work with local schools and the unemployed workforce in the community. “We are proud that we have been able to establish partnerships with utility companies, Fortune 500 companies and church organizations, as well as local universities, community colleges, and schools to establish good business and economic development structures in the communities of our solar projects,” said Oscar C. Fields, CEO of AFG Partners and S3. “We believe the next step in solar is to be able to work inside the community so solar is a win-win for everyone.”
http://www.s3energygroup.com/

Operate, control and monitor: Munich-based E.ON Energie Deutschland GmbH has set up a control console designed to professionally monitor and manage photovoltaic systems. Its partner in this endeavor is meteocontrol GmbH of Augsburg, which is contributing its monitoring software VCOM virtual control room. E.ON’s customized monitoring solution is a key element of a new business strategy that also involves the production of renewable energies and energy networks.

The German photovoltaic specialist has joined forces with other companies in the industry as part of a new initiative. The “Powerful Blueplanet” alliance is aiming to further the development of the solar energy business in Thailand. The launch event took place in Bangkok at the end of September.