Hexagon's R-Evolution Launches its Renewable Energy Project Portfolio with a Focus on Digitalising Solar Production
June 15, 2021 at 02:00 am
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Hexagon AB (publ) announced the first of R-evolution's investments, which aim to reduce carbon emissions by ramping up renewable energy efficiencies and output. The acquisition of a 40-hectare site (equivalent to 60 football fields) in Archidona, Spain, marks R-evolution's initial plans--to digitalise solar energy production. Launched in mid-February, R-evolution is Hexagon's business venture focused on reinventing how industry addresses complex environmental challenges--profitably. Located just North of Málaga airport, the acquisition includes a newly constructed, 8.24 megawatt-peak (MWp) photovoltaic (PV) solar park, which uses PV cells to convert the sun's energy into electricity. Site expansion plans already underway involve doubling the park's peak capacity to 16.44 MWp--enough to power all the households of Archidona every year (a population of over 8 thousand) and the equivalent of offsetting 8,400 tonnes of CO2 equivalents per annum. The completed solar park will house 40,000 bifacial (double-sided) panels mounted on horizontal axis trackers, which together enable energy absorption from both sides and automatic tracking of the sun to increase efficiency and output. R-evolution will operate and expand the park's efficiency further by putting data to work through the use of Hexagon's sensor hardware and software monitoring solutions. Hexagon's visualisation platforms combined with ground and mobile sensor solutions will create a Smart Digital Reality of the facility that can be actively, remotely and autonomously monitored to aid inspections, quickly detect panel anomalies, improve targeted maintenance, and more.
Hexagon AB specializes in the design, manufacture and marketing of equipment and information systems for geospatial and industrial applications. Net sales break down by product family as follows:
- metrology systems (51%): stationary and portable measuring equipment, coordinate measuring machines, laser plotters and scanners, etc. The group also offers computer-aided design, manufacturing and engineering software. Net sales break down by market especially into electronics and manufacturing industry (32.6%), energy (23.8%), automotive industry (17.6%), aeronautics and defense (10%);
- geospatial solutions (49%): sensors, laser scanners, GPS systems, motorized air vehicles, mobile mapping systems, satellite geolocation systems, etc. The products are intended especially for the sectors of inspection (37.9% of turnover), construction and infrastructure (25.9%), natural resources (15.8%), defense (7.3%) and security public (6.8%).
Net sales are distributed geographically as follows: Europe/Middle East/Africa (34.2%), Americas (38.6%) and Asia (27.2%).