GlobeNewswire by notified

Edison Next signs contract with Berco for new photovoltaic plant

Share

Edison Next and Berco allied in a path towards sustainability

MILAN, Italy, May 05, 2023 (GLOBE NEWSWIRE) -- Edison Next, an Edison Group company that focuses on decarbonisation and ecological transition, has embarked on a path towards sustainability with Berco, a ThyssenKrupp Group company specialising in the manufacture of undercarriage components and systems for tracked earthmoving machinery and equipment for the overhaul and maintenance of such components.

Under the 20-year onsite PPA (Power Purchase Agreement) contract signed with Berco, Edison Next will be responsible for the design, construction, management and maintenance of a ground-mounted photovoltaic plant with a capacity of about 7.1 MWp for the Copparo (Province of Ferrara, Emilia-Romagna) site, Berco's historical and main plant, which is considered one of the world's largest production centres in the sector, covering an area of 550,000 m2 and employing around 1,400 people.

The new photovoltaic plant will cover a total area of 96,000 m2 and will consist of 70 inverters and 11,600 PV modules, most of which will be mounted on single-axis tracking structures and the remainder on fixed structures. The plant will generate around 11,000 MWh per year, covering 9% of the plant's electricity needs through renewables. Therefore, the plant will contribute to the reduction of energy costs on the one hand, and to the reduction of the environmental impact on the other hand, by avoiding the emission into the atmosphere of more than 3,800 tonnes of CO2 per year, equal to the amount absorbed by about 115,000 plants. The share of self-consumption of renewable electricity self-produced by Edison Next and destined for the Copparo site will be just over 80%; the remainder can be stored or fed into the grid.

"We are pleased to begin a virtuous path of energy transition with Berco," said Marco Steardo, Director of Industry at Edison Next. "Photovoltaics is a mature, consolidated and reliable technology," he continued, "that ensures benefits in terms of energy and emission reductions, and increases grid independence, limiting exposure to price volatility. Today, it is the key technology from which to start on the path to decarbonisation". "The realisation of this project is further confirmation of our company's clear desire to maintain a technological leadership not only in products but also in the production process," commented Piero Bruno, CEO of Berco, "through a sustainability plan that will see us operate at 360 degrees on all aspects of the conscious use of primary sources, energy and water necessary for the production of our products." According to Patrick Buchmann, CEO of the ThyssenKrupp Forged Technologies Business Unit, of which Berco is part, the cooperation with Edison Next will significantly contribute to the important path that Forged Technologies and Berco have undertaken at the Copparo plant to achieve the environmental impact of its production in line with ThyssenKrupp's 2030 emission reduction targets.

For more information:
Press Office LaPresse - ufficio.stampa@lapresse.it

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dc24e2e7-27ef-401e-a447-cab90b2daeca

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Iveco Group signs a 150 million euro term loan facility with Cassa Depositi e Prestiti to support investments in research, development and innovation11.6.2024 12:00:00 CEST | Press release

Turin, 11th June 2024. Iveco Group N.V. (EXM: IVG), a global automotive leader active in the Commercial & Specialty Vehicles, Powertrain and related Financial Services arenas, has successfully signed a term loan facility of 150 million euros with Cassa Depositi e Prestiti (CDP), for the creation of new projects in Italy dedicated to research, development and innovation. In detail, through the resources made available by CDP, Iveco Group will develop innovative technologies and architectures in the field of electric propulsion and further develop solutions for autonomous driving, digitalisation and vehicle connectivity aimed at increasing efficiency, safety, driving comfort and productivity. The financed investments, which will have a 5-year amortising profile, will be made by Iveco Group in Italy by the end of 2025. Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a

DSV, 1115 - SHARE BUYBACK IN DSV A/S11.6.2024 11:22:17 CEST | Press release

Company Announcement No. 1115 On 24 April 2024, we initiated a share buyback programme, as described in Company Announcement No. 1104. According to the programme, the company will in the period from 24 April 2024 until 23 July 2024 purchase own shares up to a maximum value of DKK 1,000 million, and no more than 1,700,000 shares, corresponding to 0.79% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save for the rules on share buyback programmes set out in MAR article 5) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. Trading dayNumber of shares bought backAverage transaction priceAmount DKKAccumulated trading for days 1-25478,1001,023.01489,100,86026:3 June 20247,0001,050.597,354,13027:4 June 20245,0001,055.705,278,50028:6 June20243,0001,096.273,288,81029:7 June 20244,0001,106.174,424,68

Landsbankinn hf.: Offering of covered bonds11.6.2024 11:16:36 CEST | Press release

Landsbankinn will offer covered bonds for sale via auction held on Thursday 13 June at 15:00. An inflation-linked series, LBANK CBI 30, will be offered for sale. In connection with the auction, a covered bond exchange offering will take place, where holders of the inflation-linked series LBANK CBI 24 can sell the covered bonds in the series against covered bonds bought in the above-mentioned auction. The clean price of the bonds is predefined at 99,594. Expected settlement date is 20 June 2024. Covered bonds issued by Landsbankinn are rated A+ with stable outlook by S&P Global Ratings. Landsbankinn Capital Markets will manage the auction. For further information, please call +354 410 7330 or email verdbrefamidlun@landsbankinn.is.

Relay42 unlocks customer intelligence with a new insights and reporting module, powered by Amazon QuickSight11.6.2024 11:00:00 CEST | Press release

AMSTERDAM, June 11, 2024 (GLOBE NEWSWIRE) -- Relay42, a leading European Customer Data Platform (CDP), is leveraging Amazon QuickSight to power its new real-time customer intelligence, reporting, and dashboard module. Harnessing the breadth and quality of customer data, the new Insights module empowers marketing teams to dive deep into customer behaviors and gain invaluable insights into the performance of their marketing programs across all online, offline, paid, and owned marketing channels. Preview of the Relay42 Insights module, in pre-beta version Key capabilities of the Relay42 Insights module include: Deep insights into customer behaviors: With the Relay42 Insights module, marketers can ask unlimited questions about their data and gain a deeper understanding of how to serve their customers more effectively. Simplicity with AI-powered querying: Marketers can use artificial intelligence to query their data using natural language search, reducing the reliance on data scientists. Us

Metasphere Labs Announces X Spaces Event on the Topic of Green Bitcoin Mining and Sound Money for Sustainability11.6.2024 10:30:00 CEST | Press release

VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) -- Metasphere Labs Inc. (formerly Looking Glass Labs Ltd., "Metasphere Labs" or the "Company") (Cboe Canada: LABZ) (OTC: LABZF) (FRA: H1N) is thrilled to announce an engaging Twitter Spaces event on Green Bitcoin mining, energy markets, and sustainability on July 3, 2024 at 2 p.m. ET. Follow us on X at MetasphereLabs for updates and to join the event. What We'll Discuss Bitcoin Mining Basics: Understand the fundamentals of Bitcoin mining.Energy Market Dynamics: Explore how Bitcoin mining interacts with energy markets.Sustainable Innovations: Learn about our efforts to promote sustainability in Bitcoin mining.Sound Money: Discover how tamper-proof currency can enhance stability.Efficient Payment Rails: See how fast, neutral payment systems support humanitarian projects.Carbon Footprint: Compare Bitcoin's environmental impact with traditional banking. "We're excited to host this event and dive into the critical topics of Bitcoin

World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye