Technology

Japan’s Sumitomo And Brazil’s Gerdau Announce Major Wind Sector Partnership

Americas, Asia Pacific, Europe/Middle East/Africa, Most Popular, Technology

The partnership combines Japan Steel Works’ world leading manufacturing technologies, mainly in the energy sectors, with Sumitomo’s significant experience and knowledge within the renewable energy and wind-related sectors; and brings the strengths of these two companies together with Gerdau’s strong production base. This “Gerdau Summit” will focus on the production and sale of forged products for wind power generation in the Latin American market with a focus on Brazil, where Gerdau is the largest long steel manufacturer. Production is expected to begin in 2017.

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New Technology Enhances Wind Energy Storage and Grid Distribution

Asia Pacific, Technology

China Guodian Corporation has put into operation the first megawatt (MW)-scale, ultracapacitor-based wind farm energy storage system in the world. The manufacturer Maxwell Technologies claims that the new technology discharges and recharges power quicker, with a longer lifetime and better performance in low temperatures. These are suitable for stabilizing short-term power output fluctuation in wind farms and cabling in large-scale deployments, ensuring reliable access to wind-generated power on the grid.

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Germany’s Heliatek Presents Disruptive Solar Technology in Davos

Americas, Asia Pacific, Europe/Middle East/Africa, Technology

Heliatek, recognized last year as one of the World Economic Forum’s “Technology Pioneers” presented an ultra-lightweight, flexible, solar film that is less than 1 mm thick, in Davos. Positioning it strategically as highly disruptive to the current energy model of large, polluting, CO2 emitting electricity producers by offering clean, local energy generation.

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CleanSpark, Renova Power Networks Lead Microgrid Deployment

Americas, Biomass, Solar, Technology, Wind

Renova Power Networks, a development company whose principals are known for innovative financing models and renewable energy systems, has partnered with San Diego-based CleanSpark, the leading advanced microgrid software and controls company, to facilitate global deployment of best-in-class microgrid technology, reduce carbon emissions cost-effectively, and increase energy security and independence.

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Atlantis Resources to Acquire Scottish Power’s Tidal Projects

Deals & Finance, Europe/Middle East/Africa, Head Lines, Technology

Atlantis Resources has agreed to acquire two projects from ScottishPower Renewables for its Scottish tidal development company, Tidal Power Scotland.
The value of the deal is £6.6 million (US$9.8 million), to be paid by 3,9 million shares in Tidal Power Scotland, which equates to 6% of the issued share capital. Atlantis owns the remaining 94% of TPSL. The deal is expected to close in early 2016.

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