SAE has achieved the next step in delivering its ‘Building a Sustainable Future to 2035’ strategy by taking full ownership of the 120MW Battery Energy Storage System (BESS) project at the Uskmouth Sustainable Energy Park (USEP).  According to the Company’s latest estimates, the BESS project will generate average annual revenues of £12m and annual average EBITDA of £9m per annum in its first five full years of operation. The estimated capital cost of the projec...

VEON Ltd., a global digital operator that provides converged connectivity and online services, announces its intention to voluntarily delist from Euronext Amsterdam (the Delisting).  VEON is also pleased to inform its shareholders and the investment community that it intends to initiate a buyback program for up to USD 100 million concerning its American Depositary Shares (ADS) following the Delisting. Delisting process The Delisting and the resulting sole listing on Nasdaq, a global inde...

Schneider Electric, the pioneer in digital transformation of energy management and automation, has announced the launch of its Schneider Electric Training program in the UK and Ireland (UK&I).    Schneider Electric’s vision in the UK&I is to create a best-in-class approach to training, unifying specialist academies, courses, and digital campuses into a holistic offering - Schneider Electric Training.   skills gap The move is in response to the chronic skills gap in eng...

Intelligent power management company Eaton announces that Karenann Terrell has been elected to the company’s Board of Directors effective July 24, 2024. Terrell is the retired chief digital and technology officer of GSK plc (GlaxoSmithKline), a British multinational pharmaceutical and biotechnology company. Prior to that role, Terrell served as the chief information officer of Walmart Inc. Extensive technology experience Before joining Walmart, Terrell was chief information officer of...

The Westenergie subsidiary digikoo GmbH has comprehensively revised its central software platform, the digipad. With the digipad 2.0, digikoo offers even more efficient support for municipal utilities, municipalities, network operators and energy supply companies. The platform enables optimized planning in the areas of energy, heat, and transport. Municipal heat planning The digipad 2.0 enables individual analyses of complex data, automated potential assessments and customized views for users...

Siemens Smart Infrastructure and publicly owned energy supplier Stadtwerke Stuttgart GmbH, have announced their partnership to help drive the transition to sustainable urban energy across the city. Yesterday’s inauguration of the Stadtwerke Stuttgart headquarters marks the culmination of 18 months of collaborative planning and implementation, which brings together Siemens expertise in sustainable infrastructure development with Stadtwerke Stuttgart’s experience in renewable energy g...

The Swiss company - SBB Cargo International AG, in cooperation with Südleasing GmbH, has ordered an additional 20 Vectron multi-system locomotives equipped with the XLoad package. The locomotives will be leased by SBB Cargo International from SüdLeasing in a long-term contract with a flexible term. The contract also includes maintenance of the locomotives by Siemens Mobility for 15 years. Vectron XLoad package The Vectron XLoad package improves the locomotive’s traction capabi...

EA Technology, specialists in asset management solutions for owners and operators of electrical assets, has launched two new innovative accessories for its market-renowned UltraTEV® Plus² Partial Discharge (PD) detection instrument. These latest accessories enhance PD survey capabilities, allowing measurements to be taken via the Voltage Presence Indicating System (VPIS) connection and on barrier spacers for Gas Insulated Switchgear (GIS), simplifying field operations, boosting efficie...

Siemens Smart Infrastructure has expanded its Siemens Xcelerator partner ecosystem with the addition of the AI-driven field service and asset management suite from IFS, the world’s pioneering provider of industrial AI and enterprise software for companies that manage complex assets, operations, and service-focused activities. SaaS solution The powerful SaaS solution includes AI-enabled asset monitoring and a scheduling and optimization engine that enables increased resource utilization a...

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...

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...

Automated operation is a key function for expanding rail capacity and strengthening the performance of railways. Working together with S-Bahn Berlin, Siemens Mobility has installed and will be testing an obstacle detection system – a key technology component for enabling fully automated driving – for the first time during regular daily operation.  The project’s goal is to thoroughly evaluate the performance of the new obstacle detection system during daily operation in va...

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...

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...

FPT Industrial, the Iveco Group brand dedicated to the design, production, and sale of low-environmental impact powertrains, will travel to Hanover to attend IAA TRANSPORTATION 2024. On-road and industrial applications The trade show for logistics, commercial vehicles, buses, and the transportation industry will take place from September 17 to September 22, 2024, at the Deutsche Messe AG venue. As a pioneer in on-road and industrial applications, FPT Industrial wants to harness its participat...

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...

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...

Furukawa Electric successfully operated the FRL1441U Series pump lasers for high output, low power consumption Raman amplifier in the C-band at 55℃, and by reducing reactive power by more than 50%, the newly developed LD chip consumed 3.7W at 500mW fiber output, which is less than half the 8W power consumption of existing LD chips. In addition, they have started the development of mass production technology. While communication traffic volume at data centers and elsewhere has been increasing on...

NGK INSULATORS, LTD. has invested in PanelSemi Corporation, a Taiwan-based startup engaged in developing and selling flat-panel flexible LED displays and substrates for semiconductor modules. flexible LED displays PanelSemi develops and sells ultra-thin, lightweight, flexible LED displays with low power consumption and high brightness, leveraging its thin-film transistor (TFT) circuit fabrication technology.  Furthermore, PanelSemi is using this technology to develop a hybrid circuit boa...

Simplify access control setups with Altronix Trove™. Effortlessly integrate Altronix power and accessories with top-tier access controllers from globally renowned brands, such as Axis, Bosch, CDVI, HID, Johnson Control, PDK, ZKT Eco, and more. With various backplanes, Trove™ offers scalable and customizable access and power configurations. Streamline board layouts and wire management, cut down on installation time and labor costs, and tailor access control with ease using Trove&trad...

On June 26, budding technologists aged 8 to 19 showcased their technical acumen and problem-solving prowess at the Austrian finals of the World Robot Olympiad. The competition was held for the second year in a row at B&R Headquarters in Eggelsberg, Upper Austria. Under the theme ‘Earth Allies’, contestants illustrated how robots could serve as ‘allies of the earth’, working in harmony with the planet. The triumphant teams - ‘MMG’ from HTL Braunau and &lsq...

Mitsubishi Electric Corporation has announced that it has signed a pilot contract with Raytheon, an RTX business, to repair transmitters used in APG-63 (V)1 F-15 fighter radars operated by the U.S. Air Force (USAF) and its allied forces. Under the pilot contract, Raytheon will verify Mitsubishi Electric's repair capabilities with the expectation of eventually contracting with Mitsubishi Electric for such services in the future. Mitsubishi Electric signs pilot contract with RTX's Raytheon Sinc...

Lincoln Electric Holdings, Inc. (the ‘Company’) has announced that it has been recognized as one of America’s Greatest Workplaces for 2024 by Newsweek and Plant-A Insights Group. The award recognizes major U.S. workplaces based on reviews from over 250,000 U.S. employees across eight categories: training and career progression; proactive management of a diverse workforce; sustainability; corporate culture; compensation and benefits; working environment; company image; and work...

From planning and development to optimized operations, Siemens technology will enable the realization of Siemensstadt Square, a sustainable city district of the future in Berlin. Spanning an area of 76 hectares, the foundation stone was laid today at this urban redevelopment project, which represents an investment of €4.5 billion. Through collaboration with a number of project partners, Siemens will help transform the industrial site of more than 100 years in Berlin Spandau into an inclusi...

In the presence of German Chancellor Olaf Scholz and the Governing Mayor of Berlin, Kai Wegner, Siemens held the groundbreaking ceremony in Berlin for one of Europe’s largest urban development projects. Around 35,000 people will live and work at Siemensstadt Square, which will have an area of roughly 188 acres and floorspace of more than a million square meters. The project is a blueprint for the effective design of urban brownfield development projects and industrial transformation worl...

NGK INSULATORS, LTD., the Tokai National Higher Education and Research System at Nagoya University, and Aixtal Corporation have jointly developed an AI-based high-precision analysis method for ceramic products and established a technology that can significantly shorten the time to analyze product characteristics. AI technology NGK will apply this AI technology to its core businesses to shorten the period for product design and evaluation as well as use it to develop new products that contribut...

Mitsubishi Electric Corporation announces that a team of three data scientists, Yuya Shintani, Kento Okumura and Shoma Fukuhara from the Mitsubishi Electric DX Innovation Center, won a gold medal in the Home Credit - Credit Risk Model Stability competition hosted by Google LLC subsidiary Kaggle INC., the world's largest AI competition platform. In addition, Messrs. Shintani and Okumura were each awarded the title of Kaggle Competition Master for cumulatively winning one gold medal and two silve...