Sif, Van Oord and other offshore wind players are partnering in a research project in the Netherlands to further commercialisation of new techniques for the installing the biggest monopiles in the offshore wind market.
Sif will be providing monopiles for the Sustainable Installation of XXL Monopiles (SIMOX) research project, which is running for three years.
SIMOX will aim to gather more data on driveability, environmental and ecological impacts of pile driving techniques for XXL monopiles, with a focus on underwater noise during pile driving, as well as bearing capacity of the soil.
The implications for decommissioning at the end of the monopile service life will also be assessed.
ETtech Evening Briefing on 2 Feb. 2021: Elon Musk s Twitter sabbatical, Startup India Seed Fund
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ETtech Evening Briefing on 2 Feb. 2021: Elon Musk s Twitter sabbatical, Startup India Seed FundETtech
Last Updated: Feb 02, 2021, 09:13 PM IST
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Synopsis
From Rs 126 crore more for Startup India Seed Fund in 2021-22 to Elon Musk’s Twitter sabbatical to avoid a “Midas” touch, here’s a look at the top tech news today.
ETtech
Good evening, ETtech reader.
A day after Budget 2021, which had surprisingly little to offer India’s startups,
at least directly, comes news that the government has set aside Rs 126 crore for the Startup India Seed Fund in 2021-22. It’s some consolation, however scant.
Trade setup for Wednesday: Top 15 things to know before Opening Bell
The formation of long bull candles and a possibility of faster retracement of downswing is expected to pull the Nifty beyond 14,750-14,800 levels in the next 1-2 sessions, Nagaraj Shetti of HDFC Securities feels. Sunil Shankar Matkar February 02, 2021 / 10:20 PM IST
The market extended Budget-led gains for the second consecutive session on February 2 with the Nifty50 moving closer to record high levels, backed by buying in all sectors but FMCG.
The S&P BSE Sensex rallied 1,197.11 points or 2.46 percent to 49,797.72, while the Nifty50 climbed 366.70 points or 2.57 percent to 14,647.90 levels and formed a bullish candle on the daily charts.
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Siemens Energy Posts Profit In Q1, Orders Down, Backs View; To Cut 7,800 Jobs In Gas And Power Unit
Basic earnings per share were 0.09 euro, compared to loss of 0.19 euro last year.
Adjusted EBITA was 243 million euros, compared to loss of 117 million euros last year. EBITDA grew to 507 million euros from 87 million euros last year.
Revenue increased 2.6 percent to 6.54 billion euros from 6.37 billion euros a year ago. On a comparable basis, revenue rose by nearly 8 percent.
Orders plunged 25.9 percent to 7.43 billion euros from 10.03 billion euros last year, driven by a sharp decline at Siemens Gamesa Renewable Energy.
Further, the company confirmed its outlook for fiscal year 2021. The company continues to expect nominal revenue growth rate to be in the range of 2 percent to 12 percent, an Adjusted EBITA margin before special items of 3 percent to 5 percent, a sharp increase in Net income and a sharp decrease of Free cash flow pre tax.