Put companies on watchlist
Schoeller-Bleckmann Oilfield Equipment AG
ISIN: AT0000946652
WKN: 907391
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

Schoeller-Bleckmann Oilfield Equipment AG · ISIN: AT0000946652 · EQS - Company News (36 News)
Country: Austria · Primary market: Austria · EQS NID: 1429627
29 August 2022 10:00AM

Photovoltaic systems from W.E.B to generate 1.5 GWh of solar power for SBO


EQS-News: Schoeller-Bleckmann Oilfield Equipment AG / Key word(s): Miscellaneous
Photovoltaic systems from W.E.B to generate 1.5 GWh of solar power for SBO

29.08.2022 / 10:00
The issuer is solely responsible for the content of this announcement.


Ternitz, 29 August 2022. Schoeller-Bleckmann Oilfield Equipment AG (SBO) takes another step under its crisis-proof energy concept: solar power generated on the company's business premises will supply production at the SBO plant in Ternitz. The groundbreaking ceremony for the new photovoltaic plants was held by Gerald Grohmann, CEO of SBO, and Frank Dumeier, CEO of W.E.B Windenergie AG. From 2023 on, the systems covering a generator area of 7,000 square meters are expected to produce around 1,450 MWh of regional energy annually. This will avoid CO2 emissions amounting to 434,000 kg per year. In its "Strategy 2030”, SBO has defined one of its targets to further reduce the Group's greenhouse gas emissions. The new PV systems will make a significant contribution to reach this goal. Until now, the existing rooftop system has supplied 180 MWh per year, generating savings of 54,000 kg of CO2 per year.

"Global energy security is the fundamental topic of our core business, and so it is only natural for us to also take measures to ensure energy supply security for our own production. The new photovoltaic plant will deliver local, green electricity and cover a large part of our energy demand in Ternitz. We have launched similar projects at our sites in Texas as well, which will further reduce our CO2 emissions," says SBO’s CEO Gerald Grohmann.

The photovoltaic plant will be built and operated by W.E.B, and the project will be realized entirely without any public subsidies. 100% of the solar power generated will be supplied to SBO on the basis of a 25-year Power Purchase Agreement (PPA). The ground-mounted systems will have a total installed capacity of around 1.4 MWp, with the modules being set up in east-west orientation (PEG system) in a way rainwater seeps into the ground unhindered and there is no sealing of open spaces. This system has proven itself repeatedly in W.E.B projects, thanks to its simple installation and sound solar harvest.

"Austrian companies need solutions in the current energy crisis. As this project shows, W.E.B is able to offer such solutions. This regionally generated electricity is a step toward energy independence for Austria and, on top of that, it is clean energy produced by the power of the sun," says W.E.B’s CEO Frank Dumeier, indicating the direction to take for achieving the switch to renewable energies.

Photo: SBO’s CEO Grohmann and W.E.B’s CEO Dumeier at the groundbreaking ceremony for the PV systems in Ternitz, available for download on www.sbo.at/news
photo credit: Andreas Morawa/SBO


About SBO

SCHOELLER-BLECKMANN OILFIELD EQUIPMENT Aktiengesellschaft (SBO) is the global market leader in the production of high-alloy, non-magnetic stainless steels and high-precision manufacture of stainless steels into special components for the oil, gas and other industries by applying innovative traditional and additive technologies such as Direct Metal Laser Sintering (DMLS), a 3D metal printing technology. The SBO Group is equally recognized worldwide for its high-efficiency drilling tools and equipment for the oil and gas industry. The Group employs a workforce of more than 1,400 worldwide and is successfully positioned in technologically demanding, profitable niches. Making an active contribution to energy transition is a key element of the Group's Strategy 2030. With its high-quality products and technologies, the SBO Group already today provides for an increasingly efficient and environmentally friendly supply of energy. While oil and gas remain the most important energy sources, the company's new strategy is a response to changing environmental and climate targets. More detailed information on the Strategy 2030 and sustainable management (ESG) is available in the Annual Report at https://www.sbo.at/publikationen

 About W.E.B

WEB Windenergie AG develops and operates power plants based on renewable energies with a focus on wind power and photovoltaic power. For more than 25 years, the company has harnessed the power of wind, water and the sun to produce valuable green electricity. The currently 299 power plants have a total capacity of around 574 MW, indirectly covering the electricity demand of more than 420,000 households. In addition to Austria, the company is operating in Germany, France, Italy, the Czech Republic, Slovakia, Canada and the USA. WEB Windenergie AG is a citizen investment company whose unlisted shares are traded with the support of the www.traderoom.at online platform. Currently, W.E.B has more than 6,000 shareholders.

https://web.energy/at/ 

Further inquiry note:

Andreas Böcskör, Group Communications

Schoeller-Bleckmann Oilfield Equipment AG

phone: +43 2630 315 ext 252, fax ext 101

E-Mail: a.boecskoer@sbo.co.at

 

Beate Zöchmeister, Head of Communications and Investor Relations

WEB Windenergie AG

Phone: +43 2848 6336–19; mobile: +43 664 962 70 04

E-Mail: beate.zoechmeister@web.energy

 

Ildiko Füredi-Kolarik, Senior Adivsor

Metrum Communications GmbH

Phone: +43 1 504 69 87 ext W 351

E-Mail: i.fueredi@metrum.at



29.08.2022 This Corporate News was distributed by EQS Group AG. www.eqs.com


Language: English
Company: Schoeller-Bleckmann Oilfield Equipment AG
Hauptstrasse 2
2630 Ternitz
Austria
Phone: +43 (0)2630/315110
Fax: +43 (0)2630/315101
E-mail: sboe@sbo.co.at
Internet: http://www.sbo.at
ISIN: AT0000946652
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1429627

 
End of News EQS News Service

1429627  29.08.2022 

fncls.ssp?fn=show_t_gif&application_id=1429627&application_name=news&site_id=boersengefluester_html
Visual performance / price development - Schoeller-Bleckmann Oilfield Equipment AG
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.