Company News

WEG Announces That It Will Invest R$1.2 Billion To Expand Transformer Production Capacity In Brazil, Mexico, And Colombia

WEG S.A. announces to its shareholders and the general market that it will invest R$1.2 billion, over the next three years, to expand transformer production capacity in Brazil, Mexico, and Colombia. Focusing on the main markets in which it operates, the Company plans initiatives to increase approximately 50% of its production capacity. new factory In Brazil, investments will take place in the Betim and Itajubá industrial sites, both in the State of Minas Gerais. In Betim, in addition t...

Mitsubishi Electric Sets Terms & Conditions For Issuing First Green Bonds

Mitsubishi Electric Corporation announces that it has set the terms and conditions for issuing its first corporate green bonds in the Japanese market, as initially announced in a news release on November 10. The proceeds from the bonds will be used to construct a silicon-carbide (SiC) power semiconductor plant and upgrade related facilities. Mitsubishi Electric has positioned sustainability as a cornerstone of its overall business, including initiatives to address climate change and other press...

Gentari And Mercedes-Benz Malaysia EV Partnership

Gentari Sdn Bhd, a clean energy solutions provider, intends to partner with Mercedes-Benz Malaysia (MBM) through its subsidiary, Gentari Green Mobility Sdn Bhd, to accelerate the adoption of electric vehicles (EVs) in the country, by exploring the potential development of EV charging infrastructure, along with value-added services, such as tailored charging subscription plans, that will enhance the customer experience of Mercedes-Benz EV owners. The potential charging point operations would be...

Hitachi Announced The Terms For The Unsecured Straight Bond Including Digital Green Bond

Hitachi, Ltd. has announced the terms of unsecured straight bonds as set forth below following the announcement relating to the plan to issue unsecured straight bonds including “Digitally Tracked Green Bond” (“digital green bond”), which utilizes digital technologies, such as IoT and a blockchain platform on November 16, 2023. The proceeds from the issuance of the digital green bond will be used to refinance expenditures of the construction and refurbishment of Kyōsō-to...

ABB Supplies World-First Maritime Megawatt Charging System For Auckland Transport’s New Electric Ferries

ABB has secured a contract with Auckland Transport (AT) to deliver the maritime world’s first-megawatt charging system (MCS) to recharge electric ferries using the same interface as trucks and airplanes. Lowering the barrier to entry, the standardized and highly adaptable system is expected to improve electric vessel competitiveness against fossil-fueled counterparts.  As part of its Mission Electric initiative, AT has ordered two 200-seat all-electric ferries and two 300-passenger h...

Remee Wire & Cable Announces Turnkey Cabling Solutions For Solar And Wind Farms

Remee Wire & Cable, a domestic wire and cable manufacturer, has advanced its commitment to support solar and wind energy projects by offering turnkey cabling solutions, due in part to the addition of new production lines dedicated to manufacturing these renewable energy cables.  Every offering in the Renewables by Remee™ line of cables is UL-listed. Renewables by Remee™ Renewables by Remee™ are made in the United States, and Remee is one of the few domestic manufact...

Eaton Announces The Appointment Of New Leaders In Electrical Sector, Americas Region

Intelligent power management company - Eaton announced two new appointments in its Electrical Sector, Americas Region. Angie McMillin joins as President of Energy Solutions and Services and John Rhodes joins as President of Assemblies and Residential Solutions. Both McMillin and Rhodes report to Mike Yelton, President of Eaton’s Electrical Sector in the Americas, effective November 27, 2023. “I’m confident the experience and leadership that Angie and John bring to their new ro...

Schneider Electric Announces Google, ASM And HP Have Joined The Catalyze Program For Semiconductor Supply Chain Decarbonization

Schneider Electric, the pioneer in the digital transformation of energy management and automation, announces that Google, ASM, and HP have joined the Catalyze program, which aims to accelerate access to renewable energy across the global semiconductor value chain and IT supply landscape, as new global sponsors. The first-of-its-kind program was first announced in July, with sponsors Intel and Applied Materials. The announcement that three more technology companies have now joined as founding sp...

RS Group Selects Siemens’ EDA Simulation Technology For New Cloud Native DesignSpark Circuit Simulator

Siemens Digital Industries Software has announced that the RS Group plc, a global provider of product and service solutions to more than 1.1 million industrial customers, has selected Siemens as its strategic electronic design automation (EDA) provider for its new, cloud native, DesignSpark Circuit Simulator tool – empowering users to streamline the design process. After an extensive technical evaluation of available solutions, RS selected Siemens’ PartQuest™ software –...

Aico Launches The Skills Hub To Equip Electricians With The Latest Industry Knowledge And Skills

Aico has announced the launch of The Skills Hub, a new initiative designed to provide a convenient and accessible learning environment. The Skills Hub will bring together a variety of training providers, keeping electricians and installers up to date with the latest industry updates. Aico has established itself as a pioneer in education within the sector, with several CPD-certified training courses now being delivered daily nationwide. More recently, Aico’s City & Guilds certified cou...

Siemens And Intel To Collaborate On Advanced Semiconductor Manufacturing

Siemens AG, a technology company, and Intel Corporation, one of the world’s largest semiconductor companies, have signed a Memorandum of Understanding (MoU) to collaborate on driving digitalization and sustainability of microelectronics manufacturing. The companies will focus on advancing future manufacturing efforts, evolving factory operations and cybersecurity, and supporting a resilient global industry ecosystem. advance semiconductor production “Semiconductors are the lifeb...

EG Electronics Acquires Leeroy Digital Signage, A Specialist Within Digital Communication Services

EG Electronics AB, a company in the KAMIC Group, has acquired all the shares in Leeroy Digital Signage AB. The seller is Leeroy Group AB, previously the parent of the acquired company. Leeroy Digital Signage are specialist in digital signage and digital communication services using displays in stores and public areas. With its own powerful software as a base, the company offers turnkey, flexible solutions for different types of digital signage including design, configuration, and hard...

Modular Systems Make Electrification Of Commercial Vehicles Easier

Electrification is one of the trends not only just for passenger cars but also for commercial vehicles as well. Together with the supplier, AK (Apparatebau Kirchheim-Tech) is ready to gear up and create modular power distribution solutions for commercial vehicles. Long experience working with traditional 12/24VDC solutions. In past years the development from traditional 12/24VDC to electrification with high voltage solutions in the field of commercial vehicles has taken big steps forward. Thank...

Prysmian To Deliver The First 525 KV HVDC XLPE Submarine Cable System In The UK

Prysmian Group, the world pioneer in the energy and telecom cable systems industry, has been awarded a contract worth in the region of €850 million by Eastern Green Link 1 Limited, a joint venture between the UK transmission grid owners SP Transmission plc and National Grid Electricity Transmission plc, to provide the cable systems for a major UK network development project between Scotland and England. The award of the EGL1, which has now been added to Prysmian’s order backlog, fo...

Axpo Shelves Solar Power Projects In Ilanz/Glion

The electorate in the municipality of Ilanz/Glion voted against two of Axpo’s planned solar installations yesterday. Axpo greatly regrets this decision and is now forced to shelve two solar projects in the municipality. Nonetheless, Axpo remains committed to its solar offensive. Axpo planned to build two alpine solar projects, on Alp da Schnaus and Alp da Rueun in the municipality of Ilanz/Glion. The two plants would have had a combined installed capacity of around 45 megawatt peak (MWp)...

Siemens Revolutionizes Engineering Simulation With HEEDS AI Simulation Predictor And Simcenter Reduced Order Modeling

Siemens Digital Industries Software set the benchmark for innovation in the field of engineering simulation with the launch of two groundbreaking solutions - HEEDS™ AI Simulation Predictor software and Simcenter™ Reduced Order Modeling software. These tools empower engineers to tackle the most complex challenges manufacturers face, delivering predictive performance with speed, precision, and efficiency. Siemens' HEEDS AI Simulation Predictor unlocks new possibilities for manufacture...

Schneider Electric Announces $1,000,000 Pledge To The ‘Next Level Now’ Campaign To Support The Digital Transformation Of The Channel

Schneider Electric, the globally renowned company in the digital transformation of energy management and automation, has announced a $1,000,000 pledge to the NAED Education & Research Foundation (NERF) to support their Next Level Now campaign. Schneider Electric is the first manufacturer to join the industry-wide effort to develop insights, tools, and services that support the digital transformation and modernization of the distribution channel. Schneider Electric - a long-time member of N...

Sensata Marks A Milestone Achievement In Active Suspension Technology With Valuable New Partnership

Sensata Technologies, a global industrial technology company and provider of sensors, sensor-rich solutions and electrical protection devices used in mission-critical systems, has announced a significant milestone in its ongoing pursuit of technological excellence. The Company has secured a strategic business win from a global automotive systems and components manufacturer - to develop a suspension pressure sensor tailored for an electric vehicles’ Active Suspension System (ASS). Ever-c...

Mitsubishi Electric Partners With Software Developer - ModuleWorks GmbH

Mitsubishi Electric Corporation announces that it has agreed to strategically partner with and invest in ModuleWorks GmbH, a pioneer software component provider for the digital manufacturing industry. The agreement builds on Mitsubishi Electric's ongoing collaboration with ModuleWorks, a highly regarded developer of cutting-edge CAD/CAM solutions, for the development of advanced technologies to generate machining-tool paths and conduct machine-tool simulations. The simulation of machining ope...

Bosch Power Tools Supports The Next Generation Of Hard Workers With Product Donations To Local Trade Schools On Giving Tuesday

In honor of Giving Tuesday, Bosch Power Tools is empowering the future of the trades by providing tool donations to four high school and pre-college construction trade programs across the U.S. Valued at approximately US$ 20,000, the donation of power tools, measuring tools and accessories is designed to support students’ learning and development with hands-on skill-building experiences in the classroom, as the demand for skilled workers across the U.S. reaches new heights. Bosch donates...

Siemens And Copperleaf Join Forces To Drive Technical And Economic Grid Planning

Siemens Smart Infrastructure has announced its collaboration with Copperleaf, a Canadian-based provider of asset investment planning software, growing its existing ecosystem of grid software partners. The strategic partnership aims to optimize investment and technical grid planning for customers, including transmission system operators (TSOs) and distribution system operators (DSOs), by combining the companies’ expertise. Shift to a decarbonized energy future The shift to a decarbonized...

Axpo Plans To Construct An Alpine Solar Plant In Glarus Süd

Following the full commissioning of Switzerland’s largest alpine solar plant to date in the municipality of Glarus Süd in August 2022, Axpo now plans to build a 10 MWp solar plant in the same region. The plant is intended to provide essential winter electricity and add value to the community. With this sixth alpine solar project, Axpo is consistently driving its solar initiative forward. Axpo plans to construct an alpine ground-mounted system with an output of 10 MWp in the municipal...

DNV Launches Power Transformer Joint Industry Project Aiming To Drive Sustainability And Bring Environmental Benefits To The Power Grids Sector

The transition to a green future requires not only energy sources but also the energy infrastructure itself to become more environmentally friendly. The sustainability and carbon intensity of materials used in power grid equipment, especially large power transformers, as well as their performance play a pivotal role in the ongoing development of the energy sector in an environmentally friendly way. sustainability practices Recognizing this current situation, the JIP will address the environme...

ABB Energy Appraisals Of Industrial Electric Motors Reveal Potential 2.1 TWh Lifetime Savings

From June to September 2023, ABB analyzed more than 2,000 industrial electric motors under its Energy Appraisal service and has identified an average energy saving of 31 percent. That equates to more than 2.1 terawatt-hours (TWh) of potential energy savings across the 20-year lifetime of these systems.  Energy appraisals Energy appraisals enable industrial businesses to pinpoint exactly where their biggest energy savings lie across fleets of motor-driven systems. They overcome the barrie...

Axpo Extends Energy Supply And Market Access Agreement With Valda Energy

Axpo and Valda Energy, a specialist energy supplier to UK small businesses, have announced a three-year extension to their existing Wholesale Energy Agreement. The two businesses first partnered in 2019 and this latest extension demonstrates Axpo’s continued confidence in Valda Energy, further consolidating its position in the British energy market. Axpo UK Managing Director Steven McCarthy said: “We’re delighted to confirm the continuation of our successful relationship with...

Larsen & Toubro Hydrocarbon Business Secures Mega Offshore Order In The Middle East

The Hydrocarbon business (L&T Energy Hydrocarbon – LTEH) of Larsen & Toubro (L&T) has received a Letter of Intent for mega Offshore order from a prestigious client in the Middle East. The scope of work comprises engineering, procurement, construction and installation of a new large offshore platform and brownfield work of integration with existing facilities. Commenting on the award, Mr. Subramanian Sarma, Whole-time Director and Senior Executive Vice President (Energy), L&...

Aico Transform Shrewsbury’s Grange Primary School Library

Shrewsbury’s Grange Primary School is part of The Marches Academy Trust and welcomes children from the ages of three to eleven to their nursery and primary school. Grange’s mission statement involves empowering everyone in their communities to live their values of excellence, integrity, empathy, creativity, and equality to reach their full potential. Aico's initiative As part of their ongoing initiatives within the community, Aico was approached by the Headteacher of the Grange...

Intertek Partners With Emitech Group, Further Expanding Electrical Testing Capabilities In Europe

Intertek, a pioneering total quality assurance provider to industries worldwide, has announced its partnership with Emitech Group, the French independent testing and engineering specialist. Accredited to EN 17025 and EN 17065, a notified body, and a participant in the CB scheme, the Emitech Group brings expertise in training, testing, and engineering to organizations operating across consumer products, medical devices, transportation, and infrastructure. Emitech Group is supporting its customer...

WEG Battery Energy Storage System Powers The Power Grid In Nebraska

WEG is supplying another operating Battery Energy Storage System (BESS), this time in Nebraska, United States of America (USA). This system will make the grid reliable for the industrial and residential sectors, ensuring a stable power source for the community. Battery energy storage systems The main function of the BESS for this application will be the storage of electricity supplied by the utility during periods of lower demand and its release during peaks, reducing the load on the electric...

Hitachi And FirstGroup Accelerate The UK's Push To Electric Mobility, Delivering 1,000 New Bus Batteries

Hitachi ZeroCarbon Ltd. has partnered with FirstGroup plc to lead the UK’s shift to electric buses. The collaboration, which is part of FirstGroup’s bus fleet and infrastructure decarbonization program, will provide batteries for First Bus’s expanding electric bus fleet, helping to make a positive impact on air quality, tackle congestion and improve customer experience. The partnership will see up to £10m cash investment each from Hitachi and FirstGroup, supporting the a...

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