We are proud to announce that BWSC on December 7th has entered into a Cooperation Agreement with Harvest Waste the operation of high efficiency energy-from-waste plants.
Harvest Waste, which is based in Amsterdam, develops clean waste to energy projects in developing countries in the Middle East, Asia and other regions, based on their patented and proven High Efficiency technology.
This milestone in BWSC’s strategic journey will path our way to improving the living standards of local communities by eliminating the hazardous threats of landfill accumulation and using waste as a resource to generate power.
Our cooperation also involves the development of Plant 4.0, which is our common vision for a future digital platform for plant monitoring and performance.
With this partnership we combine the best of both worlds: state-of-the-art technology and decades of solid experience within power plant optimization. We are looking forward to our partnership!
We are proud to announce that we have partnered with Andel for the Glansager project near Sønderborg, DK.
The project includes a power-to-hydrogen plant where the hydrogen will be utilized to upgrade biogas from the existing Glansager biogas plant, owned by Nature Energy.
Biogas typically contains around 40% CO2 that is normally extracted from the biogas and vented to the atmosphere. However, the CO2 may be converted to natural gas by adding hydrogen thereby dramatically increasing the yield of the biogas plant.
The hydrogen plant will be supplied by Andel, and BWSC is acting as sub-supplier of mechanical balance-of-plant equipment and installation.
Read more about the project in Energy Supply here.
The international magazine, HotCool, on district heating and cooling by DBDH has featured BWSC in its December 2022 feature.
In this article, BWSC presents its company profile, as a company that has been evolving with the times. The main focus of this article is showcasing how we have grown into a company looking to distinguish itself in the green energy sector.
To learn more about how we made this shift and our other strong competences, read the full article by DBDH here.
If you are interested in learning more about our green energy solutions, you can find more information on our website.
Our CEO, Nikolaj Holmer Nissen, was recently interviewed by Energy Focus – a magazine that tells the news on the most recent developments in the energy industry.
In this article, Nikolaj tells Energy Focus about how BWSC is working with its clients, to help them reduce their carbon footprint, by using our vast experience in the power plant industry.
“BWSC is evolving to better help our customers succeed, and have refined our role in the industry as a provider of technical, operational, projects and advisory services not only for diesel, hybrid, and boiler-based power plants, but now also for other types of green energy facilities and technology developers“
BWSC A/S today announced that Michael Hedegaard Lyng, previously Member of its Board, has been appointed as the new BWSC A/S Chairman and Non-Executive Director of the company. Effective 30 June, Michael succeeds Torkil Boel Bentzen, who passed away recently after serving as Chairman for more than 40 years.
Michael has been a member of BWSC’s Board for 11 years and is an experienced CEO and CFO with extensive experience across a range of sectors, most notably in the manufacturing industry. Michael has more than 18 years of experience from Board positions in stock listed companies and continues to also serve as Board member and as an international business advisor and investor.
“I feel very privileged to take on this role at such an exciting time for the energy industry — the needs of BWSC’s stakeholders are changing rapidly and there are significant opportunities for the company to continue to develop in its chosen markets. I am looking forward to working with the Board and the management team to continue to create and deliver value to all stakeholders”
MICHAEL HEDEGAARD LYNG, CHAIRMAN
BWSC is also pleased to announce the re-appointment of Thomas S Knudsen to its Board of Directors. Thomas was member of the BWSC Board of Directors from 2019-2021 and serves as member of the Supervisory Board of the Danish Maritime Fund and other Boards in the industry.
Thomas Knudsen is an experienced profile in the marine, energy and industrial sectors with extensive leadership experience in driving industry change.
Thomas fills a vacancy on the Board created by the appointment of Michael Hedegaard Lyng as Chairman of the Board.
“We are thrilled Thomas is re-joining our Board. Thomas brings invaluable insights and experience in the industry”
MICHAEL HEDEGAARD LYNG, CHAIRMAN
Vision and Mission
We strive to rebuild the way energy powers the world on a global scale
At BWSC, trustworthiness, credibility and integrity form the core of our culture and the way we want to do business.
In our new strategy ‘Ever better energy’ we express a vision of building a world of sustainable energy and we wish this to be the long-term aspiration of BWSC.
Our vision
Building a world of sustainable energy.
Our vision is to ensure energy security for people and societies in need with a relentless focus on reducing environmental impact of each MWh produced.
Our mission
Being a trusted partner for ever better energy.
We want to be a trusted partner, offering efficient and reliable energy solutions for the entire lifecycle of the energy facility.
Strategic aspirations
We want to:
Improve operational excellence in our O&M business and strengthen our position as a market leading O&M provider to plant developers and owners.
Expand our position as Engine full lige-cycle provider(EPC, Service, O&M) supporting our customers´ decarbonization efforts.
Grow as a preferred service provider, building long-term relations with customers in selected markets.
Develop our business, enabling next generation, sustainable energy solutions.
Jens Peter Koch
CEO
Our ambition is to be the best partner for reliable and efficient energy solutions based on our solid track record and innovative mindset.
We would like to introduce our new Cooperation Partner in the UK. The German company Loibl Förderanlagen GmbH has appointed BWSC as their exclusive sales agency to serve their customers in the UK market.
We are honored to handle Loibl’s existing customer portfolio and look forward to expanding it. BWSC will be the first point of contact for on-site services and spare parts requests. This partnership will provide even better and faster customer service by having a UK-based representative.
Loibl is a leading OEM providing systems and solutions in the field of bulk materials handling. For more than 60 years, the company has developed proven technologies to meet the challenges of bulk material handling in varied industries. Whether conveying, process, environmental technology, or complete process plants, Loibl designs, manufactures, and provide installation services with tailored after-market support services from their office in Germany. Their high qualitative products directly benefit plant owners by reducing their maintenance costs, ensuring long parts service life, and resource saving.
“On top of their existing customers, we look forward to promoting Loibl’s robust and reliable equipment, their innovative developments to service the ever-changing demands of industry, together with their comprehensive competences in aftermarket services for the entire value chain. This partnership also strengthens our ambition to expand BWSC’s technical capabilities to service boiler-based power plants in the UK.”
COLIN JONES, GENERAL MANAGER, BOILER SERVICE UK, BWSC
As a technical service provider, O&M contractor on a significant number of power plants in the UK, BWSC will utilize its recognized presence and network to support Loibl’s efficient and modern designs. This market is not new to Loibl either as they already have considerable reference power plants where they provide conveying equipment, and we are looking forward to increasing this number.
You are welcome to contact Colin Jones, General Manager, Boiler Service, UK, at bsuk@bwsc.dk, if you need a solution provider on your boiler-based power plant in the UK.
The global energy sector is changing fast, and BWSC is evolving to better help our customers succeed.
We have refined our role in the industry and to underscore these changes, we are launching a new corporate identity, with a fresh-looking logo that better captures our spirit today and a new slogan: Ever better energy.
To underscore these changes, we are launching a new corporate identity, with a fresh-looking logo that better captures our spirit today and a new slogan: Ever better energy. The slogan draws attention to the big-picture perspective we take on energy-related facilities, firm believe in continuous improvement, our devotion to you, our customers, and our support for the green energy transition.
What’s new
Expanded offerings within Distributed Control Systems, renewables integration, plant surveys and fuel conversions
Even greater technology independence
Services for new green tech providers
A new business unit – Green Energy Solutions
What’s not
The same great people you’ve always relied on
Our unique technical capabilities and industry insight
Our commitment to You – our customer – and your success
Our ownership by Mitsui E&S of Japan
To learn more, our new corporate brochure is online today. Read it here.
Net result for 2021 amounted to DKKm 92 (2020: a loss of DKKm 229)
Revenue in 2021 amounted to DKKm 1,245 (2020: DKKm 1,814).
Order intake for 2021 amounted to DKKm 899 (2020: DKKm 1,206).
Equity ratio for 2021 equaled 55% (2020: 41%).
The order backlog at the end of 2021 amounted to DKKm 6,325 (2020: DKKm 6,031).
“2021 has been a year of great change for our employees and for BWSC. In November 2020 we adopted a new business strategy that shifted our focus from supplying turnkey power plants to providing comprehensive advisory and technical services to power plants and green energy facilities worldwide. Much of 2021 involved implementing the new strategy, and I am pleased to announce that doing so has paid off in our first positive financial result in 5 years.”
NIKOLAJ HOLMER NISSEN, CEO, BWSC
Strong results validate new strategy in 2021
BWSC has in 2021 made a significant profit before tax of DKKm 129 based on revenue of DKKm 1,245. While one-time financial events such as sale of the ACT business and divestment in three UK power plants contributed to the positive result. The strategy is also succeeding as intended, with continued strong results in the Service and O&M business areas.
