According to RenewableUK, up to 5 GW of offshore wind projects were eligible to compete ... which was too low for the dev. who are facing the consequences of inflation and supply chain challenges. The maximum bid price for floating wind was GBP 114/MWh (around EUR 132.77/MWh)
The Magnora team wish all our customers, portfolio companies, employees and partners a God Pinse (pentecost weekend)! We will continue to attack multiple of unique business opportunities in Q2 and for the rest of the year. Drive safely!
Oops we did it again! Magnora sells all its holdings in Evolar AB to First Solar, Inc. for approximately 29 MUSD/300MNOK and additional milestone payments of up to 24 MUSD/255MNOK (in total 555 MNOK)
...our sales typically require delivery of project management, procurement management (CMA) as well as technical management (TCMA) for our projects when in operations. CMA and TCMA revenues are excluded in the numbers above...
Magnora adds a 80MW/160MWh Battery Energy Storage System (BESS) project to its UK portfolio. The portfolio now consists of a 60 MW solar PV project, and two BESS projects of 200MWh