Company News

Leveraging Siemens’ digital expertise and software, Areti is managing challenges related to climate change and ‘the electrification of everything’, which are heavily impacting power grids in Italy and all around the world, more effectively. As a key enabler of the energy transition in Italy, Areti designed an innovative local flexibility market architecture that will be boosted by Siemens's pioneering energy domain know-how and dedicated technology. grid capacity In the next...

Schneider Electric., the pioneer in the digital transformation of energy management and automation, in collaboration with the technology companies Intel and Red Hat, announced the release of a Distributed Control Node (DCN) software framework. An extension of Schneider Electric’s EcoStruxure™ Automation Expert, this new framework enables industrial companies to move to a software-defined, plug-and-produce solution, allowing them to enhance their operations, ensure quality, reduce co...

As companies increasingly seek sustainable initiatives, WEG emerges as a valuable partner to help achieve these goals. The Industrial Company of Synthetic Resins (CIRES), located in Avanca, Portugal, has trusted WEG technology to incorporate a new, more sustainable mobility model for its fleet by acquiring electric vehicle charging stations from the WEMOB (WEG Electric Mobility) WALL line. WEMOB line features Designed for both indoor and outdoor use, the WEMOB line features a modern and compa...

VEON Ltd., a global digital operator that provides converged connectivity and online services, and its wholly-owned subsidiary Kyivstar announce that they have officially started the implementation of the 600 million USD investment commitment in rebuilding Ukraine, as initially announced in June 2023. 600 million USD plan VEON’s commitment to invest in Ukraine, including the 600 million USD plan that covers the three years from 2024-2026, was the focus of a visit by a high-level delegati...

Fast internet connectivity and stable networking are vital for a successful digital transformation. Eurofiber, the major B2B technology specialist, runs a fiber network that is currently more than 70,500 kilometers long and growing by 50 kilometers every week. The company with over 600 employees is headquartered in the Netherlands and offers its customers ultra-modern infrastructure to drive forward digitalization in business and society. Mobile amplifiers throughout the fiber optic netwo...

In the last three months, dormakaba has started operating three photovoltaic power plants with a total of 21,000 solar panels on the roofs of its production sites in Melaka (Malaysia), Suzhou (China), and Taishan (China). The solar installations are planned to produce more than 11,000 megawatt hours (MWh) of electricity annually and to save almost 7,000 tons of CO2 equivalent (CO2e) annually. This initiative to expand the use of renewable energy is part of dormakaba's climate transition plan,...

Ingeteam's range of hybrid inverters (solar + batteries), so far available only in single-phase version, is now extended with four new three-phase hybrid inverter models of 10, 15, 20 and 30 kW, all of them with two photovoltaic MPPTs (MPPT: Maximum Power Point Tracker). These models are aimed at residential, commercial and industrial self-consumption systems that combine photovoltaic generation with battery energy storage systems. Energy Management System The main advantage of these hybrid...

Intelligent power management company Eaton announces Steve Boccadoro, senior vice president and general manager of its electrical business in Canada, has elected to retire following nearly four decades with the company. Chris Fluit will succeed Steve Boccadoro and report to Fernando Ceccarelli, president of Eaton’s Protection, Control and Solutions division, effective April 1, 2024. “Throughout his career, Steve was known for his impactful, empathetic leadership and strong track rec...

Ingeteam continues its firm commitment to wind energy, in which it is a global technology pioneer. Combined with its customer orientation, in 2018 the company decided to bring its production capacity closer to the Asian continent to improve its value proposition in the Indian market, opening a production center in Chennai, from which it produces its technology close to its final installation location. From its production centers in Chennai (India) and Campinas (Brazil), it manufactures and dist...

DNV, the independent energy expert and assurance provider, acted as the technical advisor for Beijing Energy International (BJEI) Australia for their recent acquisition of five solar farms from Lightsource BP, which are strategically located across three states in Australia. The portfolio consists of three operational projects (Woolooga, Wellington South and West Wyalong) and two under construction (Wellington North and Wunghnu). All five of the assets, totaling over 1GW in PV capacity, have t...

Telstra and Prysmian announces an expansion to Prysmian optical cable manufacturing plant in Australia, to build the fibre optic cable required for Telstra’s intercity fibre network, with advanced technology that aims to reduce the environmental impact of the project. Telstra InfraCo is building the intercity fibre network in response to the ever-growing demands for fast and capable digital networks. Cable production lines “The intercity fibre network project will future-proof Aus...

Siemens Digital Industries Software has announced that Ather Energy, one of India’s foremost electric motorcycle brands, has expanded its adoption of the Siemens Xcelerator portfolio of industry software to help the company reduce its design and engineering cycle time, improve product quality and achieve faster time to market. Ather Energy was founded in 2013 by Indian institute of Technology (IIT) Madras alumni, Tarun Mehta, and Swapnil Jain. In 2018, it launched India’s first trul...

Residents and businesses in seven southwestern Illinois counties are benefiting from more reliable energy thanks to the upgrade of a 140-mile 345-kV transmission line from Cahokia to Joppa. The recently completed, multiyear Southern Illinois Reliability Project is improving system reliability while also opening pathways for clean energy to be distributed to the region and increasing transmission capacity to meet the area’s growth needs. Southern Illinois Reliability Project This project...

Rosendin, the nation’s largest employee-owned electrical contracting company, announces D. Scott Risch, CSP, CHST, as its Vice President of Environmental, Health, and Safety (EHS) reporting to Keith Douglas, Chief Executive Officer. Scott brings over 25 years of experience in the global construction industry building cross-functional, multi-site teams dedicated to keeping workers safe. As VP of EHS, Risch will lead new initiatives to ensure that workplaces are safe and secure while buildi...

DNV, the independent energy expert and assurance provider, is pleased to share that MYTILINEOS S.A. has successfully closed financing with a group of lenders, including BNP Paribas, Intesa San Paolo, SMBC, Rabobank, and Santander Chile. DNV  served as a market advisor in this financing deal for a portfolio of solar farms including the Willka, Doña Antonia, Tocopilla, and Tamarico projects in Chile, totaling 588 MWp. Chilean Solar market Chile, known for its solar potential and c...

Furukawa Electric Co., Ltd. has been selected to participate in the ‘Research and Development Project of Enhanced Infrastructures for Post 5G Information and Communications Systems/ Advanced Semiconductor Manufacturing Technologies’ conducted by the New Energy and Industrial Technology Development Organization (NEDO). Using their knowledge of photonics, one of their core technologies, they will work to develop next generation optical semiconductor devices. Background Around the wo...

Whether in routine maintenance or emergency situations, the equipment interchangeability is a feature that allows for low downtime and, consequently, cost reduction. With this in mind, Aço Verde Brasil, the first company to produce steel without the use of fossil fuels, selected the expertise of those who offer electrical and mechanical interchangeability with equipment from different manufacturers to acquire three new motors that will be part of the expansion of its unit located in A&cc...

TE Connectivity (TE), a pioneer in connectors and sensors, addresses a critical current need in the power industry: space. TE’s Raychem ELBA Asymmetric Compact Elbow Connector can cut stacking length by 40%, making it currently the most compact design on the market. This smaller footprint is complemented by increased range and installation flexibility. One standard body size can cover up to 1,500 Kcmil, making it possible to use a single unit rather than two, streamlining the design and...

Access to electrical energy is essential for a variety of activities, ranging from residential consumption to industrial, commercial, logistical, and other spheres. The growing demand, especially in large cities, has prompted electrical companies to expand their infrastructures, adopting increasingly robust and efficient solutions, such as those offered by WEG. In this context, Eletrobras Furnas (a subsidiary of Eletrobras), one of the largest electric power companies in Latin America, acquired...

Ameren Illinois’ work in restoring power to nearly 200,000 customers in the wake of the June Derecho was recognized by the nation’s premier energy industry association. The company was presented with an Emergency Response Award by the Edison Electric Institute at its recent winter membership meeting. "America’s electric companies are committed to serving their customers and communities and to restoring power safely and as quickly as possible following severe storms and ot...

The industrial landscape is on the verge of yet another transformative shift, as we witness the transition from Industry 4.0 to Industry 5.0, also called the Fourth and Fifth Industrial Revolution. As their name suggests, they’re not the first ones the world has experienced over the years. How to Industry 5.0? The First Industrial Revolution took place at the end of the 18th century with the introduction of the steam engine invented by James Watt. The Second one started around the end o...

Mitsubishi Electric Corporation and HACARUS Corporation announced that they have agreed to expand their collaboration in the development of AI-based visual inspection applications for manufacturing. As part of the agreement, Mitsubishi Electric will take an equity stake in HACARUS. Mitsubishi Electric and HACARUS partnership The strategic partnership will leverage the resources and technologies of both companies to increase synergies aimed at maximizing mutual technological and business poten...

The Board of Directors of Aarekraftwerk Klingnau AG (AKA) has approved the annual report and accounts for the 2022/23 financial year for submission to the Annual General Meeting. Electricity production increased by around 15 percent compared to the 2022.  Increased electricity production Aarekraftwerk Klingnau produced around 191 million kilowatt hours of electricity for its partners in the 2022/23 financial year. This is around 15 percent more than in 2022 and corresponds to the...

Sensata Technologies has established a new near-term goal supporting environmental sustainability and aims to achieve a 45% absolute reduction in Scope 1 and 2 market-based emissions by 2030 compared to the 2021 baseline. The new goal is in addition to the Company’s long-term goal to achieve carbon neutrality in its operations by 2050. Energy and Emissions As outlined in Sensata’s 2022 Sustainability Report, Energy and Emissions are one of the Company’s key material top...

Infinitum, creator of the sustainable air-core motor, has been named on Cleantech Group’s 2024 Global Cleantech 100. This annual list, now in its 15th year, serves as a definitive guide to the top companies making significant contributions to sustainable innovation. The Global Cleantech 100 is a comprehensive showcase of the most promising private companies in the area of cleantech, the organizations and technologies that aim to improve environmental sustainability. The Global...

Hunt Electric's Chief Operating Officer, Keith Colvard has announced the appointment of Brandon Hagen as the company's new Regional Vice President. Role and responsibility Brandon will be overseeing branch offices located in Duluth, Rochester, Hudson, and Chippewa Falls.  His primary responsibility is to work closely with branch managers and address any operational challenges that may arise while also guiding future business development in these market areas. work experience in Hunt Br...

Sensata Technologies announced the launch of the 129CP Series Digital Water Pressure Sensor, which will help deliver enhanced smart pressure monitoring capabilities to water utilities and drive waste reduction. Water Utilities Water utilities manage extensive infrastructure to pump and deliver water to commercial and residential buildings. However, a significant portion is classified as non-revenue water, meaning water is lost due to leaks within the network, metering inaccuracies, unauthor...

Fluence Energy, Inc., a pioneering global provider of energy storage products, services, and optimization software for renewables and storage, announced the company has surpassed 20 GWh of deployed and contracted storage systems globally. This industry-pioneering milestone marks a new era of scale in battery-based energy storage installations and growth. The global battery storage market is growing at rapid speed, with front-of-the-meter additions on track to hit approximately 158 GWh annually...

Sequoya Cross, vice president of energy storage for Briggs & Stratton Energy Solutions, has been elected to the California Solar & Storage Association (CALSSA) board of directors. Cross, who has 20 years of experience in the energy industry, was the COO for SimpliPhi Power prior to its acquisition by Briggs & Stratton in 2021. In addition, as a former CEO of two solar companies, she has managed operations and supply chains for the distribution and manufacturing of clean energy...

Neptune Energy has been awarded four new licenses, three as operators, in the Awards in Predefined Areas (APA) 2023, announced by the Norwegian Ministry of Energy. The new licenses are all located close to existing infrastructure in the Gjøa area of the Norwegian North Sea, where Neptune already has a presence, reflecting the company’s exploration strategy to focus on key opportunities within core areas. Awarded licenses PL1213 S (40% and operator) in the Gjøa area PL12...