Company News

Mitsubishi Electric Corporation announced that it signed a Memorandum of Understanding (MoU) with Thailand's Forth EMS Public Company Limited on July 16, 2024, to explore opportunities to co-manufacture Mitsubishi Electric’s Transmit/Receive Modules for use in the Air Surveillance Radar Systems that Mitsubishi Electric manufactures. Under the Memorandum of Understanding (MoU), the two companies expect to establish an enhanced collaborative structure for co-manufacturing, and will discuss...

Mitsubishi Electric Corporation announced that it has received an order from Kansai Transmission and Distribution, Inc. (The Kansai Electric Power Company - Osaka, Japan) for its 84kV dry air insulated switchgear, a new environmentally friendly, greenhouse gas-free product for use in gas-insulated switchgear (GIS) to be installed in substations. Mitsubishi Electric is the first company in Japan to develop GIS, which does not utilize greenhouse gases, with two of the main components-vacuum inter...

Deputy Prime Minister Angela Rayner will pledge to kickstart a new devolution revolution to transfer more powers out of Westminster and into the hands of local people. In her first letter to local pioneers, Rayner will urge regions without devolved power to 'partner with the government to deliver the most ambitious program of devolution this country has ever seen.' economic growth She will invite local pioneers in devolution deserts - those with local knowledge and skin in the game - to work...

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has announced that the International Olympic Committee (IOC) will deploy its data-driven sustainability solution – Energy Expert – to help measure and analyze the electricity consumption at the competition venues of the forthcoming Olympic Games Paris 2024 ('Paris 2024'). Cloud-based platform By migrating the intelligence related to the power consumption and demand of the competition venues to the clo...

Regulators in Massachusetts recently approved a utility’s plan to offer households with heat pumps a lower electric rate during the winter and to offer a further discounted rate for low-income households. This approach from Unitil, which serves a small portion of the commonwealth, should be improved upon and replicated across the country as regulators consider similar proposals from other utilities.   principles and goals  To maximize benefits for energy-burdened househo...

AEI Cables is issuing a reminder to the electrical cables supply chain to keep safety at the front of mind when it comes to Category 3 Control fire performance cables. The systems powered by these cables – including smoke and heat extraction systems – assist fire services in firefighting and enabling safe evacuation in the case of life safety. Category 3 Control fire performance cables reduce harmful smoke, toxic gases, and flame spread in the event of a real fire. safety is the pr...

The Heavy Engineering vertical of Larsen & Toubro (L&T) has despatched the second Steam Generator to Kaiga Atomic Power Station in Karnataka for India’s indigenously developed 10 x 700 MWe Pressurized Heavy Water Reactor (PHWR) Fleet Program. It has been flagged off from L&T’s A M Naik Heavy Engineering Complex in Hazira, Gujarat. The flag-off comes 11 months ahead of the contractual delivery schedule, demonstrating L&T’s unwavering commitment to advancing Indi...

Lincoln Electric Holdings, Inc., is pleased to announce that it has been awarded on TIME’s inaugural list of America’s Best Mid-Size Companies 2024. Lincoln Electric ranked 66th overall, and was one of 16 companies awarded within the “IT, Electronics, Hardware and Equipment” category. The award is presented by TIME and Statista Inc., the major statistics portal and industry ranking provider and the awards list can be viewed on the TIME’s website. Standard strategy...

The Verizon Frontline Crisis Response Team recently deployed in support of local government agencies in Grand Traverse County, Michigan, to provide temporary connectivity in the wake of a ransomware attack. At the request of local officials, the team provided more than 80 Verizon Frontline communications solutions to help county agencies get operations back up and running at numerous locations. Verizon offers critical support “We appreciate having a mission-critical partner like Verizon...

Ingeteam has been awarded a new supply contract for a new photovoltaic plant in Australia. The company will supply its power electronics technology. Specifically, Ingeteam has supplied 15 transformer stations or power stations delivered as a turnkey solution, as well as the PPC (Power Plant Controller) system. The project is located in the Campaspe Shire in the state of Victoria. Once operational, this wind farm will generate the energy consumed by more than 43,000 Australian homes per year, th...

Intelligent power management company Eaton released its 2023 Sustainability Report and standalone Global Inclusion and Diversity Transparency Report. The publications feature the company’s progress toward its 2030 environmental, social, and governance (ESG) targets and in creating an inclusive workplace. As the ESG regulatory landscape continues to evolve, Eaton is leaning forward—its 2023 Sustainability Report showcasing more transparency and reporting rigor than eve...

Siemens inaugurated a new Center of Competence for Data Centers at the Global Infocity Park in Chennai, India. Spanning 6,000 m2,  the new facility will serve as a regional innovation hub, not only uniting a team of more than 200 designers, planners, engineers and project managers in one location, but also enabling co-creation with partners and customers across the Asia Pacific (APAC) region.  The launch comes as the Data Center market continues to grow at unprecedented spee...

Ameren Missouri announces that more than 630 commercial customers have participated in its business energy savings program, BizSavers®, so far this year. Combined, these customers project to save over $2.1 million on their energy costs annually after completing more than 670 energy efficiency projects. In total, these Missouri businesses are projected to save 20.2 million kilowatt-hours (kWh) of electricity per year. That’s the equivalent of 1,845 home’s energy use for one year....

At a time when the global manufacturing landscape is more competitive than ever, industry and academia are collaborating to overcome complex new challenges in engineering and at the same time, inspire future engineers. The B&R Education Network in India is continuously working as the interface between educational institutions and the automation industry. To help make the next generation of engineers ready for industry, the B&R Education Network partnered with the Dr. D. Y. Patil Institu...

Mitsubishi Electric Corporation announced today that it has launched a railway data analysis service utilizing Serendie™, its digital platform for the optimal use of energy and the optimal deployment and operation of railway assets by railway companies. The new service is available for immediate use. carbon neutrality, decarbonization In the railway industry, various measures aiming at the realization of carbon neutrality and decarbonization are being implemented...

Lincoln Electric is proud to announce that its Velion™ 150kW DC fast charging station has achieved Canadian Standards Association (CSA/US) Certification to standards UL 2202, UL 2231-1, and UL 2231-2 for EV Chargers. This significant milestone underscores Lincoln Electric’s dedication to delivering the most reliable and high-performing electric vehicle DC fast charging equipment in the industry. The CSA/US guarantees that Lincoln Electric’s Velion™ EV fast charging stati...

Mitsubishi Electric Corporation announces that it signed a Memorandum of Understanding (MOU) with Northrop Grumman Corporation (NGC) to collaborate in the supply of defense equipment for use in Japan and the U.S. on July 9. Electronic warfare systems Under the terms of the MOU, Mitsubishi Electric and NGC will discuss and agree on an optimal collaboration structure and business model, aiming to build a cooperative relationship that will allow them to provide defense equipment such as radars, e...

In a landmark event, the National Electrical Contractors Association (NECA) along with the Mechanical Contractors Association of America (MCAA), the Sheet Metal and Air Conditioning Contractors National Association (SMACNA), and The Association of Union Constructors (TAUC) officially signed a strategic alliance agreement on July 10, 2024. construction and maintenance The importance of all four associations together emphasizes the commitment to collaboration and innovation through all facets of...

VEON Ltd., a global digital operator that provides converged connectivity and online services (“VEON” or the “Company”), is pleased to announce that, following the consent of its respective bondholders and the receipt of a license from U.S. Treasury’s Office of Foreign Assets Control (OFAC), it has now amended the original VEON Holdings B.V. notes due April 2025, June 2025 and November 2027 (collectively, the “Original Notes”).  VEON Holdings will...

The Renewables arm of Larsen & Toubro (L&T) has finalized mega orders with a developer in the Middle East to build two Gigawatt scale Solar PV plants. The plants will have a cumulative capacity of 3.5 GW. The scope of the orders also includes grid interconnections encompassing pooling substations and overhead transmission lines. Detailed engineering and initial construction work are expected to commence shortly. Project management capabilities Last month, L&T announced having won...

Industry pioneer AEI Cables is issuing a reminder to the electrical cables supply chain to keep safety at the front of mind when it comes to Category 3 Control fire performance cables. The systems powered by these cables – including smoke and heat extraction systems – assist fire services in firefighting and enabling safe evacuation in the case of life safety. Category 3 Control fire performance cables reduce harmful smoke, toxic gases, and flame spread in the event of a real fire....

Dr. Roland Busch, President and CEO of Siemens AG, and Mr. Sunil Mathur, MD & CEO of Siemens Ltd. India visited the C&S Electric factory in Noida, India. During their visit, they inaugurated the WE4She Manufacturing assembly line, exclusively managed by their talented women employees. Dr. Busch underscored the significance of gender diversity in the workforce and commended the leadership of women in manufacturing. Dr. Roland Busch plants a tree on the factory premises He remarked that...

Siemens has received 80 points in the latest EcoVadis Sustainability Rating and was awarded with the highest recognition – the Platinum medal. With this score, the technology company ranks in the top one percent of about 73,000 companies that were assessed worldwide by EcoVadis, a major provider of business sustainability ratings. Since 2021, Siemens has significantly improved its score by 19 points, moving from Silver in 2021 to Gold in 2023 to Platinum in 2024. The EcoVadis assessment e...

In a significant feat for the Indian industries, two coveted global credit rating agencies – S&P and Fitch – have assigned ‘BBB+’ rating to Larsen & Toubro (L&T), India’s premier tech-led engineering, manufacturing and solutions conglomerate.  This underscores L&T's robust operational performance, financial discipline and strong market position. S&P Global Ratings S&P Global Ratings assigned a 'BBB+' rating to L&T, endorsing the c...

The company - WEG has started producing medium voltage (MV) soft starters at one of its facilities in South Africa, reducing delivery times for customers and boosting local manufacturing. The SSW7000 soft starters are produced at WEG's manufacturing unit in South Africa, with high-efficiency standards. The SSW7000 line is well recognized in the market and widely used in pump and fan applications in the mining segment. WEG's soft starters With the growing demand for WEG's medium voltage soft...

NGK INSULATORS has acquired certification Science Based Targets initiative (SBTi) under the Net-Zero Standard for its greenhouse gas emissions reduction targets. The Company’s targets for achieving net zero CO2 emissions in 2050 were recognized as being scientifically valid. NGK Group Environmental Vision In April 2021, the NGK Group established the NGK Group Environmental Vision and is working to reduce its CO2 emissions (Scopes 1 and 2) to achieve net zero emissions by 2050 at the late...

Small Hydroelectric Plants (SHPPs) are considered excellent renewable energy resources and represent around 3% of the Brazilian electricity matrix, representing 6.7 GW, according to the National Electric Energy Agency (ANEEL). In this important segment, WEG supplied two 5,226 kW Francis turbines and two 5,550 kVA generators. The equipment was installed at the Macacos SHPP, in Jaguariaíva, in the state of Paraná, Brazil, and operated by Pesqueiro Energia S.A. Turbines and generato...

In the corporate society, sustainability is a crucial element, and companies like Phoenix Mecano are welcoming sustainable practices. Its Green Team, a dedicated group of individuals from various departments, is driving the initiative towards an earth-friendly future. Phoenix Mecano recently sat down and chatted about sustainability, its impact on the company culture, and upcoming innovative projects. Impact of Sustainability Sustainability affects each department uniquely. For Ngoneh Jeng wh...

Siemens Mobility has won the tender from Berliner Verkehrsbetriebe [BVG] and will introduce a Communications-Based Train Control System [CBTC] on the U5 and U8 metro lines in Berlin for the first time. The state-of-the-art Trainguard MT CBTC solution will enable semi-automated operation (GoA2: Grade of Automation) on the U5 line by 2029 and on the U8 line by 2032, increasing capacity on these lines by around 30%. CBTC technology Technically speaking, CBTC technology even allows headways of le...

With the support of RWE, the Dutch-Norwegian company SolarDuck, has installed its offshore floating solar (OFPV) project, Merganser. The pilot project aims to test and demonstrate the structural, mooring, and electrical designs and acquire knowledge about manufacturing, assembly, offshore installation, and maintenance methodologies required for large-scale commercial deployment of OFPV.  Merganser Merganser has a capacity of 0.5 megawatt peak (MWp) and is located in the Dutch North Sea,...