HESS: The Fall and Rebirth of Win Inertia’s hybrid energy storage shift paradigm

A multinational private investment fund has rekindled the energy storage vision that Win Inertia’s Technologies Ltd. began in 2008, setting up a new and reinforced start up   Hybrid Energy Storage Solutions Ltd. (hereinafter called HESS Ltd.) has emerged from the solid technical foundations of Wind Inertia Technologies S.L., after its financial issues in 2016. The new holders bring, along with financial support, direct connections to big energy operations and business opportunities in Europe as well as Middle East and US markets. HESS Ltd. remains Win Inertia® as its flagship commercial brand due to the preceding attention and reconnaissance for developing hybrid energy storage systems and energy management solutions for

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Iberdrola offers customers the possibility of buying green energy packages

In line with its commitment to offer energy solutions that adapt to customers’ needs Energy Wallet is a pioneering product in Spain that can be used to buy green energy packages for six, 12 or 24 months, knowing the final price in advance  Customers can also use the energy purchased for different supplies,in their main and second homes, while monitoring everything on their mobile phones in real time, for a 100% digital solution In line with its commitment to innovate and offer energy solutions that meet each customer’s needs, Iberdrola has launched a new product, Energy Wallet, that offers customers the opportunity to buy green energy packages to cover an

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Red Eléctrica presents the awards to its best in-house energy efficiency projects of 2017

The Chairman of Red Eléctrica de España, José Folgado; the Corporate Director of Resources, Ángel Mahou, and the Manager of the Human Resources area, Jose Antonio Vernia, today presented the awards for its best in-house energy efficiency projects of 2017 at the 6th Edition of the Red Eléctrica eficiente Awards. The Company’s Red Eléctrica eficiente programme promotes the development of initiatives that help showcase the Group’s commitment to energy efficiency and to the fight against climate change. With these awards, the Company seeks to engage all its employees in said commitment through the exchange of knowledge and good practices among all areas of the business. In this sixth edition, a

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E.ON and RWE: two European energy companies focus their activities

E.ON will be transformed into a highly focused provider of European energy networks and state-of-the-art customer solutions, ideally positioned to drive Europe’s energy transition by innovation. This transformation anticipates the rising and legitimate demands of its customers in Germany and Europe, for instance in electro-mobility or the increasing interconnectedness of production and offers in regional energy networks. RWE will become a leading European electricity producer by means of renewable energy with attractive growth potential, optimally combined with security of supply through its conventional power plants and energy trading. E.ON to acquire RWE’s 76.8 percent stake in innogy. Via an asset exchange, RWE will receive substantially all of E.ON’s renewables activities,

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Red Eléctrica invests more than €9.3 million in innovation during 2017

In 2017, Red Eléctrica de España earmarked more than €9.3 million for the development of 85 initiatives related to innovation, considered as part of its strategy for the 2016-2019 period; a strategy defined with the purpose of boosting innovation as a lever for growth. This volume of investment, which in 2017 represented an increase of 8.1% on that of the previous year, has been geared towards initiatives in various areas of the Company’s business activity and has focused mainly on four vectors: digitalisation, people, sustainability and technology. In this regard, the Company has focused its efforts on continuing the development of the Best Paths project (BEyond the State-of-the-art Technologies for

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Iberdrola will invest €32 billion between 2018 and 2022, building the foundations for sustainable growth in the next decade

Iberdrola will invest €32 billion between 2018 and 2022, building the foundations for sustainable growth in the next decade. Ignacio Galán, the group’s Chairman, said: “Overall, the plan we are presenting today is fully consistent with our strategy over recent years, while seizing the opportunities provided by the new digital environment. In essence, it is a plan that maintains focus on growth in specific opportunities in regulated and long-term contracted businesses which offer earnings visibility, while maintaining a geographically balanced portfolio and exploring growth beyond those frontiers.” Over 90% of capex will be allocated to networks (50%), renewables (37%) and contracted generation in Mexico (4%), business areas which will represent 

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Endesa boosts its wind capacity by 132 MW with the purchase of five wind farms

Endesa, through its renewable energies division, Enel Green Power España (EGPE), has signed the purchase of five wind farms in Galicia and Catalonia from Gestinver for €178 million (including debt repayments).  This deal brings Endesa’s renewable generation capacity to 1,806 MW in Spain, comprising 1,749 MW of wind power, 43 MW of small hydropower, and 14 MW of other renewable energy sources.   Endesa, through its renewable energies division, Enel Green Power España (EGPE), has signed the purchase of 132 MW of wind power capacity through the acquisition of five wind farms located in Galicia and Catalonia. The deal was agreed with Elawan Energy  and Genera Avante for a price

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Ignacio Galan urges world leaders in Davos to speed up decarbonisation of the global economy

During his participation at the World Economic Forum’s panel debate on ‘Strategic Outlook: Energy Systems’ The Chairman of Iberdrola insists that the process is consistent with profitability, as demonstrated by the company’s track record, leaping from the 20th to one of the world’s four largest utilities by market capitalization He reiterates the need to electrify the economy through more renewables, more pumped storage capacity, more and smarter grids and more electric vehicles, in addition to the electricity industry having to invest some $19 trillion over the next 25 years In order to meet the rising demand for electricity in a sustainable manner, a stable, long-term regulatory framework is needed together

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Iberdrola’s Wikinger offshore wind farm connected to the grid in Germany

Total investment in the project amounts to circa €1.4 million The company has successfully connected the 350-MW wind farm to the national power grid. The facility will supply renewable energy to approximately 350,000 homes Iberdrola has connected its Wikinger offshore wind farm to the German power grid. The facility was built over the last 18 months in the Baltic Sea. By reaching this milestone, Wikinger adds 350 megawatts (MW) capacity to the system and will supply renewable energy to 350,000 homes, representing more than 20% of the power used by the state of Mecklenburg-West Pomerania, in whose waters the project is located. Iberdrola has met the demanding time frame set

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Vestas and Gas Natural Fenosa Renovables strengthen ties with order for five tailor-made wind parks in Spain

At WindEurope 2017 in Amsterdam, Vestas and Gas Natural Fenosa today sealed an agreement to build 86 MW of wind energy across five new wind parks in Spain. The order showcases Vestas’ 2 MW and 4 MW platforms’ versatility and flexibility, utilising the V110-2.0 MW, V117-3.45 MW and V126-3.45 MW to maximise energy output across different wind regimes. The five wind parks will be Vestas’ first projects derived from Spain’s latest auctions held in May. Commissioning and installation of the wind turbines is expected for the second half of 2018. Signing the contract in Amsterdam, Executive Vice President of Vestas Sales, Juan Araluce, said: “This contract proves Vestas’ capability to

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