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Tag Archives: STEAG

STEAG gains strength

The STEAG Group, Essen/Germany, can look back on a successful six-month period. In the first half of the current business year, the energy group achieved consolidated sales of 2.41 bn €. Earnings before interest and taxes improved to 386.1 M €, almost doubling the result for the entire previous year. Earnings before interest, taxes, depreciation and amortization (EBITDA) also increased significantly to 450 M €. ...

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STEAG headquarters becomes climate-neutral

The headquarters of the energy company STEAG GmbH, Essen/Germany (Figure 1), will gradually become climate-neutral in the coming months. The conversion to green, emission-free heating, which has already taken place, will now be followed by the installation of a photovoltaic (PV) system and an energy management system. In implementing this change, STEAG is drawing on in-house expertise from its subsidiaries ...

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thyssenkrupp Steel and STEAG agree delivery of hydrogen

HydrOxy Walsum, STEAG’s hydrogen project in Duisburg, North Rhine-Westphalia, is taking shape: Based on a favorable feasibility study for a water electrolysis plant with a capacity of up to 520 MW, jointly prepared by the project partners STEAG GmbH, Essen/Germany, and thyssenkrupp Steel AG, Duisburg/Germany, an agreement in the form of a memorandum of understanding has now been reached on ...

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ADNOC and STEAG agree on ammonia pilot

STEAG GmbH, Essen/Germany, is one of various partners from German energy industry, Abu Dhabi National Oil Company (ADNOC) has signed agreements with during a delegation trip of Robert Habeck, German Minister for economic affairs and climate actions, to the United Arab Emirates (UAE). ADNOC and STEAG agreed on a sample delivery of carbon-reduced ammonia to be used for separation and ...

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STEAG ensures secure energy

STEAG GmbH, Essen/Germany, is reacting to the tense situation on the energy markets and is postponing the planned conversion of the Herne 4 hard coal fired power plant unit (Figure 1), prospectively until spring 2023. Until then, the plant will remain on the grid and thus make a contribution to ensuring price stability and security of supply, especially beyond the ...

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STEAG subsidiary develops further solar farm in Italy

In Montecchio Emilia in northern Italy, STEAG Solar Energy Solutions GmbH (SENS), Würzburg/Germany, is planning and constructing a further solar farm on the site of a former quarry for the investor KGAL Investment Management GmbH & Co KG (Figure 1). The plant will be completed in the coming months and will have a capacity of 17 MWp. This means that ...

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SENS implementing PV project in the UK

STEAG Solar Energy Solutions GmbH (SENS), Würzburg/Germany, a subsidiary of Essen-based energy company STEAG GmbH and a specialist for photovoltaic (PV) projects, will be building a solar farm with output of 50 MWp in the eastern English county of Norfolk in the months ahead (Figure 1). The permission to build the facility on previously agricultural farmland near the town of King’s ...

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STEAG achieves a good recovery

STEAG GmbH, Essen/Germany (Figure 1), presents encouraging key figures at the end of the third quarter of the current business year. Both sales and group EBIT are above the previous year’s level. In 2020, the energy company still had to cope with a difficult year owing to extraordinary burdens from the phasing out of coal and a process of transformation ...

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STEAG PV subsidiary enters into cooperation for BeNeLux market

STEAG Solar Energy Solutions GmbH (SENS), Würzburg/Germany, and the Czech-Dutch company Greenbuddies Energy BV, based in Eindhoven/Netherlands, will in future join forces on the photovoltaic (PV) market in the BeNeLux countries (Figure 1). The aim is to offer ground-mounted PV projects and associated services in Belgium, the Netherlands and Luxembourg. From the Greenbuddies branch in Eindhoven headed by Jos Schlangen, ...

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STEAG launches green energy campaign

The energy company STEAG GmbH, Essen/Germany, in cooperation with Quadra Energy GmbH, Düsseldorf/Germany, is embarking on the marketing of green electricity. In that venture, STEAG is drawing on its extensive expertise in the field of energy trading with a view to concluding green power purchase agreements (Green PPAs) with operators of generation facilities based on renewable energy sources. STEAG will ...

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