algoWatt partner in the VPP4Islands UE project for virtual power plant and smart energy in the islands
algoWatt partner in the VPP4Islands UE project for virtual power plant and smart energy in the islands
- The project obtained a total EU grant of Euro 6.1 million (Euro 0.4 million as a share reserved for algoWatt)
algoWatt, GreenTech Solutions company listed on Borsa Italiana's electronic stock exchange (MTA), announces that the kick-off meeting of the research project VPP4Islands (Virtual Power Plant for Interoperable and Smart isLANDS), of which it is a partner, for the integration of renewable systems in islands with complex Virtual Power Plant (VPP) systems, will be held on 22 and 23 October.
The project has been funded by the European Commission under the Horizon 2020 programme, with a total grant of around Euro 6.1 million (algoWatt share of about Euro 0.4 million), divided among the members of a Consortium made up of 2 large companies, 1 DSO (distribution systems operator), 6 SMEs, 3 universities, 2 RTOs (regional transmission organisations), 3 island municipalities and 2 non-profit organisations.
VPP4Islands aims to accelerate the transition to smart and green energy and to help islands exploit the potential for energy efficiency and innovative storage approaches, promote active citizen participation and become self-sufficient in energy, while reducing costs, greenhouse gas emissions and dependence on heavy fuel oil for energy production, creating new smart activities, growth and skilled jobs locally.
To achieve these objectives, the VPP4Islands project proposes disruptive solutions based on the concept of Digital Twin (DT), Virtual Energy System Storage (VESS) and Distributed Ledger Technology (DLT) to revolutionize the concept of Virtual Power Plant (VPP) and build smart energy communities. To validate and evaluate the solutions, significant use cases are planned with the use and coordination of different energy assets in two main islands (Formentera in Spain and Gökçeada in Turkey).
The VPP4Islands qualified solutions will then be replicated in three other islands (Bornholm in Denmark, Bozcaada in Turkey and Grado in Italy), in order to launch sustainable and smart energy plans to promote on a large scale the synergy and flexibility of the combination of renewable energy sources, integrated in a unique portfolio of resources.
algoWatt will enhance its partnership in the project by consolidating its scientific and technological expertise in the field of green solutions for the intelligent integrated management of energy resources.
This press release is available on the Company's website www.algowatt.com
algoWatt (ALW), greentech solutions company, designs, develops and integrates solutions for energy and natural resource management in a sustainable and socially responsible manner. The Company provides management and control systems that integrate devices, networks, software and services with a clear sector focus: digital energy and utilities, smart cities & enterprises and green mobility. algoWatt is the result of the merger of TerniEnergia, a leading company in the renewable energy and environmental industry, and Softeco, an ICT solutions provider with over 40 years of experience for customers operating in the energy, industry and transport sectors. The company, with more than 200 employees located in 7 locations in Italy and investments in research and innovation for more than 12% of turnover, operates with an efficient corporate organization, focused on the following markets: Green Energy Utility: renewable energy, digital energy, smart grids; Green Enterprise&City: IoT, data analysis, energy efficiency, building and process automation; Green Mobility: electric, shared and on demand. Different markets, a single focus: sustainability. algoWatt is listed on the Mercato Telematico Azionario (MTA) of Borsa Italiana S.p.A..
Per informazioni:
| Investor Relations | Press Office | Investor & Media Relations | |
| algoWatt SpA | algoWatt SpA | Floriana Vitale, Domenico Gentile | |
| Filippo Calisti (CFO) | Federico Zacaglioni | Via Bigli, 19 - 20121 Milano | |
| Tel. +39 0744 7581 | Tel. +39 0744 7581 | Tel. +39 02 4547 3883/4 | |
| filippo.calisti@algowatt.com | Mobile +39 340 5822368 | ir@irtop.com | |
| federico.zacaglioni@algowatt.com | ufficiostampa@irtop.com |
Attachment
To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.About GlobeNewswire by notified
GlobeNewswire by notifiedGlobeNewswire 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
Heineken Holding N.V. Annual General Meeting of Shareholders adopts all proposals25.4.2024 18:31:00 CEST | Press release
Amsterdam, 25 April 2024 - Heineken Holding N.V. announced today that its Annual General Meeting of Shareholders (AGM) has adopted all proposals on the agenda of the AGM. The most important resolutions and announcements are listed below. Dividend The Board of Directors announced the distribution of a dividend for the year 2023 of EUR 1.73 per share. As an interim dividend of EUR 0.69 was paid on 10 August 2023, the final dividend of EUR 1.04 per share will be made payable on 7 May 2024. Heineken Holding N.V. shares will be quoted ex-dividend on 29 April 2024. Reappointment of Mr J.F.M.L. van Boxmeer as non-executive member of the Board of Directors The AGM reappointed Mr J.F.M.L. van Boxmeer as non-executive member of the Board of Directors for a four-year term. Appointment of External Auditor The AGM appointed KPMG Accountants N.V. as external auditor for the financial year 2025. The voting results per agenda item of the AGM of Heineken Holding N.V. of 25 April 2024 can be found on th
Heineken N.V. Annual General Meeting adopts all proposals25.4.2024 18:30:00 CEST | Press release
Amsterdam, 25 April 2024 - Heineken N.V. (HEINEKEN) announced today that its Annual General Meeting of Shareholders (AGM) has adopted all proposals on the agenda of the AGM. The most important resolutions are listed below. Re-appointment of Executive Board Member The AGM re-appointed Dolf van den Brink as member of the Executive Board for a period of four years, until the end of the AGM to be held in 2028. Dividend The AGM adopted the dividend proposal for the year 2023 of EUR 1.73 per share. As an interim dividend of EUR 0.69 was paid on 10 August 2023, the final dividend of EUR 1.04 per share will be made payable on 7 May 2024. Heineken N.V. shares will be quoted ex-dividend on 29 April 2024. Re-appointment of Supervisory Board Member The AGM re-appointed Jean-Marc Huët as member of the Supervisory Board for a two-year term. Re-appointment of Supervisory Board Member The AGM re-appointed Pamela Mars Wright as member of the Supervisory Board for a two-year term. Appointment of Supervi
Havila Kystruten AS: Integrated Annual Report for 202325.4.2024 18:04:39 CEST | Press release
The board of directors of Havila Kystruten AS has today approved the financial statements and annual report for 2023, which integrates financial and sustainability reporting. The report is attached in PDF format along with a visual presentation summarizing the year and highlighting the company's fundamental focus on the environment and sustainability. The annual financial statements have been adjusted compared to the preliminary and unaudited result for 2023, which was presented on February 28, 2024. There has been a write-down of the inventory value by NOK 11.2 million, with corresponding effects on the income statement and balance sheet. Further information is available in note 15 of the consolidated financial statements. Contacts: Chief Executive Officer Bent Martini, +47 905 99 650 Chief Financial Officer Aleksander Røynesdal, +47 413 18 114 Attachments HKY_Integrated Annual Report 2023HKY_Integrated Annual Report Presentation 2023HKY_Integrert arsrapport 2023
Havila Kystruten AS: Integrert årsrapport for 202325.4.2024 18:04:39 CEST | Pressemelding
Styret i Havila Kystruten AS har i dag godkjent regnskap og årsrapport for 2023, som integrerer finansiell- og bærekraftsrapportering. Rapporten er vedlagt i PDF sammen med en visuell presentasjon som oppsummerer året og fremhever selskapets grunnleggende fokus på miljø og bærekraft. Årsregnskapet er justert i forhold til det foreløpige og ureviderte resultatet for 2023, som ble presentert den 28. februar 2024. Det er gjort en nedskrivning på verdien av varelageret med MNOK 11.2, med tilhørende effekt på resultatet og balansen. Ytterligere informasjon finnes i note 15 i konsernregnskapet. Kontakter: Administrerende direktør Bent Martini, +47 905 99 650 Finansdirektør Aleksander Røynesdal, + 47 413 18 114
Sword Group: Results for the First Quarter of 202425.4.2024 18:00:00 CEST | Press release
Consolidated Revenue: €75.8m (i) Organic Growth: +16.8% (i) EBITDA Margin: 12.0% (i) on a like-for-like basis and at constant exchange rates (excluding AAA) KEY FIGURES The consolidated revenue for the first quarter of 2024 is €75.8m, up 16.8% at constant scope and exchange rates. Profitability (EBITDA margin) is 12.0% or €9.1m. Q1 2024 ACCOUNTS Q1 | non audited figures€m20242023 (iI)Organic Growth (i)Revenue75.872.0+16.8%EBITDA9.18.6-EBITDA Margin12.0%12.0%- (i) on a like-for-like basis and at constant exchange rates (excluding AAA) (ii) includes AAA’s 2023 revenue. AAA was deconsolidated on 01/06/2023. ANALYSIS The comparison of revenue for the first quarter 2023 and the first quarter 2024 must take into account the fact that in the first quarter 2023 we were still consolidating AAA, which was sold and therefore deconsolidated on 1 June 2023. If we analyse this growth on a like-for-like basis, it is higher than the budgeted 15%. In Terms of profitability, we remain at our ‘normative’