Electrical Industry News for October 2022
Since the beginning of 2020, the largest private telecommunications provider in Switzerland relies on hydropower: Axpo has concluded a full supply contract with Sunrise. The agreement includes the supply of electricity from the Axpo hydropower plants to all the Sunrise locations in Switzerland. renewable energies Sunrise is relying on renewable energies and has secured the certification for climate-friendly energy production Axpo supplies the company with certified electricity from Swiss hy...
Infinitum Electric, creator of the breakthrough printed circuit board motor (PCB) announced the launch of its IEx Series motor, an IoT-enabled electric motor that’s a third of the size and weight of conventional motors while delivering class-leading efficiency and IoT capabilities. Infinitum has reached OEM sales agreements with Twin City Fan, Comefri, and ACME Fan for the new IEx Series motor and the first shipment of motors is scheduled for June. Appl...
Axpo is further expanding its business in the UK market: The company’s subsidiary in London and So Energy, a challenger supplier to the UK domestic market, announce a three-year energy supply and trading deal. The deal is to provide exclusive access to wholesale natural gas and power to supply So Energy’s growing customer base. It will also improve So Energy’s ability to access renewable sources of energy for its customers. This strengthens Axpo’s position in the UK ener...
Lhyfe, a pure player in green hydrogen founded in 2017, made a triple announcement. As well as unveiling its unique green hydrogen production solution, the company announced that it had raised € 8 million in public and private funding and that its first industrial production site will be built, in Vendée, in the first half of the year. Lhyfe proposes an original, environmentally friendly oriented energy model, with one mission to offer a more breathable future to children. turnke...
Axpo’s subsidiary in London, United Kingdom (UK) and Valda Energy, a new energy supplier to the UK SME business market, have just announced a three-year deal for energy supply. Thus, Axpo further strengthens its position in the UK energy market. In the context of this partnership, Axpo will grant Valda Energy access to the long and short-term commodity market, and provide them with electricity. Thus, Valda Energy will be able to manage the risks associated with the constantly changing mar...
The Kraftwerke Linth-Limmern AG (KLL) Board approved the 2018/19 annual financial statement prepared for the Annual General Meeting to be held on 19 March 2020. KLL's energy production to Axpo and the Canton of Glarus increased to 1.49 billion kWh in the financial year 2018/19 (the previous year 1.38 billion kWh). Annual costs increased in parallel. increased annual costs Axpo fully covers the Limmern pumped storage plant annual costs for the period after 18 August 2017 In financial year 2...
The Board of Directors of Aarekraftwerk Klingnau AG (AKA) approved the 2018/19 annual financial statement prepared for the Annual General Meeting to be held on 13 March 2020. In the financial year 2018/19, AKA's energy production to partners amounted to 186 GWh, which was slightly lower as compared to the previous year owing to the below-average water flow in the Aare River. Annual costs also decreased in parallel. Annual financial statement Water flow in the Aare River – with the excep...
Axpo, SN Energie, and tb.glarus are modernizing the grid infrastructure in the Canton of Glarus. Jointly defined measures will sustainably enhance power supply to residents and businesses in the region of Glarus-Schwanden taking environmental aspects into account. Axpo and SN Energie are responsible for the supra-regional grid infrastructure in the Glarus-Schwanden region. Technische Betriebe Glarus (tb.glarus) is in charge of the local distribution grid. The three energy companies are pooling...
Axpo Deutschland, Axpo's subsidiary for the German market, has concluded a long-term power purchase agreement (PPA) for solar power without any state subsidies for the first time. It is one of the very first PPAs in the German solar market. Subsidies for electricity from renewable energies such as sun and wind are declining in many European energy markets, including Germany. Nevertheless, the German photovoltaic market is becoming increasingly interesting for investors. By means of long-term po...
Axpo has received approval from the respective authorities for the definitive acquisition of the French photovoltaics (PV) company - Urbasolar. The transaction will make Axpo an important market player in the development and construction of solar plants in France and Europe. Acquisition of Urbasolar On May 2, 2019, Axpo announced that it had concluded an agreement for the purchase of Urbasolar, with headquarters in Montpellier, France. The takeover of the photovoltaics company is now finalize...
Plug Power Inc., a provider of hydrogen engines and fueling solutions enabling e-mobility announced a partnership with CHEM, a leading Taiwanese manufacturer of electric solutions including motors, generators, switchgear, hydrogen generation, and stationary fuel cell power systems. Plug Power has begun fulfilling orders for its proprietary 5kW ProGen hydrogen engines to CHEM, which are integrated into CHEM’s next-gen stationary power products for grid support and backup power applicatio...
CP Electronics, the provider of lighting control solutions, has continued to invest in its best-selling Green-i electrical wholesaler range. New additions to the range reinforce Green-i’s status as the ideal solution for contractors who need cost-effective and hassle-free lighting control devices that saves energy in a variety of applications. The latest Green-i brochure is now available, detailing how all new and existing products support contractors with easy-fit solutions that save tim...
The new RAPID Scene Control solutions from CP Electronics, the UK pioneer in lighting control, give the ability to customize lighting in offices and commercial buildings on a room-by-room basis using voice recognition and through cloud-based apps via a tablet and smartphone. This versatile, energy and the cost-saving system works in conjunction with the system’s dimming lighting control modules (LCMs) and dimming luminaries. This integration allows RAPID to achieve advanced sce...
The site of an old bus station and NCP car park in Bournemouth has been transformed into a modern leisure complex, complete with intelligent lighting control solutions from CP Electronics. The UK’s largest supplier of lighting controls has supplied a range of microwave presence detectors and its RAPID fully addressable lighting control system to the project to cover the main public areas and back-of-house corridors, in addition to the various types of external feature...