Electrical Industry News for October 2023

Volta Trucks, a pioneering and disruptive full-electric commercial vehicle manufacturer and services provider, will present the Volta Zero to Dutch customers as it continues its successful European tour into the Netherlands. This follows the recent UK roadshow and events in Paris, Madrid, Barcelona, Milan, Munich, and Frankfurt where nearly 1,000 individual customer demonstrations of the Volta Zero have been undertaken. This has led to over 2,500 pre-orders with an order value exceeding €6...

EDF Renewables is announcing that its onshore development pipeline in Ireland has now grown to almost 1GW, enough to power up to 600,000 homes. The number of projects has expanded rapidly over the past few months and the company plans to have up to 500MW of onshore wind and solar projects operational by 2030. This is in addition to its flagship Codling Wind Park project, a joint venture between EDF Renewables and Fred. Olsen Renewables off the coast of Wicklow, which will be one of Ireland's la...

Aggreko, the global provider of mobile, modular power, temperature control, and energy services announces that it has exceeded a record of 2GW of live gas generation capacity. A key driver for achieving this milestone is the increased demand for flare gas for power projects, as well as Aggreko’s innovative approach to monetizing stranded gas assets.  flare gas to power generation solutions In the Middle East, Aggreko is delivering a project that’s repurposing 40 million...

The days of having someone knock on the door to read the meter will soon be a distant memory due to smart meters. What is a smart meter and why get one? Smart meters Smart meters send meter readings from the house directly to the energy supplier, so users don’t need to answer the door to a meter reader and readings are always up to date, meaning users can wave goodbye to estimated bills and only pay for the energy they use. In other words, a smart meter is just like a traditional gas an...

Volta Trucks, a disruptive full-electric commercial vehicle manufacturer, and services provider has announced the successful conclusion of its Series B funding round, with €37 million secured in new capital. Luxor Capital The funding round was led by Luxor Capital with existing investors extending their investments and strategic partners joining the Volta Trucks journey, showing clear belief in the company’s future success, and endorsement of its strategy and potential. Luxor Capit...

Volta Trucks, a pioneering and disruptive full-electric commercial vehicle manufacturer and services provider, has announced that Sibros, a pioneer of deep Over-the-Air (OTA) connected vehicle systems, will provide Sibros’ connected software-based solutions for the Volta Zero–the world’s first purpose-built full-electric 16-ton commercial vehicle created specifically for city center freight distribution. Sibros OTA Deep Logger The partnership will provide end-to-end software...

Aggreko, the global pioneer in mobile and modular energy solutions, has been named the Official Modular Energy Solutions Supporter for the Birmingham 2022 Commonwealth Games. The Games will see athletes compete in 19 sports at 14 locations, including the brand-new Aquatics Centre in Sandwell, all powered by Aggreko’s innovative temporary power solutions. values-led approach Aggreko’s appointment demonstrates its commitment to meeting the Birmingham 2022 Social Values Charter Aggr...

Aggreko announces a new partnership with Host City, the magazine and conference organizers for cities, rights holders, organizers, venues, and suppliers of major international events. headline sponsor As part of the new partnership, Aggreko will become the headline sponsor of the flagship Host City 2021 Conference, as well as the Official Sustainability Partner of the Host City Americas Conference. The announcement is the latest in a long and successful partnership between the two organizatio...

Aggreko, the global supplier of mobile and modular power, temperature control, and energy services, has installed a new Combined Heat and Power (CHP) solution at the CET Arad Power Plant, Romania. The solution will help to increase efficiency and stability at the plant, a key provider of hot water and electricity for the district heating scheme and grid at the regional capital Arad City, for the next four years. innovative hybrid thermal and electrical system Aggreko’s skilled team had...

The trend toward sustainable investments continues to grow steadily: for international investors, the topic of sustainability in their investment decisions is becoming increasingly important. Sustainable investment projects For bondholders, 'green bonds' fixed-income securities whose issue proceeds are used to finance sustainable investment projects are at the center of this development. Thus, the interest of analysts and investors was outstandingly high when E. ON’s CFO Marc Spieker, a...

The Volta Zero, the first purpose-built full-electric large commercial vehicle, will make its French debut at a series of high-profile customer and supplier events, starting in Paris on Monday 15 February 2021, and running for four weeks. For the first time in France, the Volta Zero will be displayed at the headquarters of Swoopin, the global provider of sustainable transportation and urban logistics services, in southeast Paris. Volta Zero display Swoopin confirmed the use of the Volta Zero...

Ofgem has appointed EDF to take on supplying Green Network Energy’s approximately 360,000 domestic customers and a small number of non-domestic customers. It has appointed British Gas Evolve, a trading name of British Gas Trading Ltd, to take on supplying Simplicity Energy's approximately 50,000 domestic customers. This follows a competitive process run by Ofgem to get the best deal possible for customers. competitive tariff EDF and British Gas Evolve are offeri...

Volta Trucks, the full-electric commercial vehicle manufacturer, has announced the successful conclusion of its recent funding round, bringing new investment, shareholders, and soon, a new Board member into the company. New investors joined the Volta Trucks journey, and existing investors increased their funding, providing external validation of the progress toward the company’s goals and future potential. Luxor Capital The successful conclusion of this funding round gives the company t...

Mohn Media, a subsidiary of the Bertelsmann Printing Group, has successfully commissioned a waste heat module from Orcan Energy at its site in Gütersloh. It converts the previously unused waste heat on-site into almost 500,000 kilowatt hours (kWh) of electricity per year, increasing the production facility's energy efficiency while reducing its CO2 emissions. Mohn Media is thus another customer that produces CO2-free electricity from previously unused waste heat as part of the coopera...

ACWA Power & National Operations & Maintenance Company (NOMAC) complete its readiness assessment against DNV GL’s My Care™ methodology, covering assets and operations across several countries. My Care™ assessment methodology The continuous COVID-19 situation demands that industries proactively build resilience. Mitigating actions and a robust infection risk management process must be implemented swiftly. Verification assesses COVID-19 readiness and helps build trust...

The declared target of the German government is to reduce primary energy consumption by 50% until 2050 compared with 2008. A key factor in reducing energy consumption is increasing energy efficiency. With the efficiency PACK eP 150.200, the pioneering manufacturer of waste heat solutions, Orcan Energy, is creating the necessary conditions for this: with the new solution, industrial companies can now convert the previously unused waste heat from their productions even more effectively into a sus...

Infinitum Electric, a motor technology company delivering ultra-high-efficiency, durable, lightweight, and IoT-enabled electric motors, built with patented printed circuit board stator technology and integrated motor controls announced that it has closed a $12.5 million Series B round of financing. This follows a successful Series A round completed in January, bringing total funding to $15.2 million. The Series B round was led by Cottonwood Technology Fund (CTF) and includes participation from...

United Electric Controls (UE), a pioneering producer of safety, alarm, and emergency shutdown technology, is demonstrating its line of smart switches for power industry applications. This includes its One Series electronic pressure and temperature switches with optional 4-20 mA output that replaces electromechanical switches, and its One Series Field Safety System™ for safety-critical applications. Author's quote “The power industry has relied on United Electric Controls electrome...