Wurth Elektronik's Asia Production Team will again provide users with interesting insights into the current situation in China and its influence on the procurement of printed circuit boards on the Chinese market. In the document, users will find answers to the questions: What is the situation in the raw materials market? How is the economy developing in China and what does this mean for the PCB industry? What impact does the Chinese government's zero-covid policy have on the PCB market? W...

Siemens Smart Infrastructure and Eplan have signed a strategic partnership to strengthen collaboration in the area of software solutions for the industry and infrastructure market segments. As part of this agreement, Siemens’ Electrical Products business unit will join the Eplan Partner Network, as a strategic partner. Siemens – Eplan Partnership The objective of the partnership is to coordinate the products of both companies in a more targeted manner, in order to offer optimized...

Volta Trucks, the globally renowned and disruptive full-electric commercial vehicle manufacturer and services provider, and Siemens Smart Infrastructure, the pioneer in electrification, have signed a Letter of Intent, outlining cooperation to deliver comprehensive eMobility charging infrastructure and software to Volta Trucks customers, to simplify, de-risk, and accelerate their transition to commercial fleet electrification. commercial vehicle fleet electrification The partnership looks to br...

Volta Trucks, the disruptive full-electric commercial vehicle manufacturer and services provider, has confirmed the details of its first ‘Volta Trucks Hub’ in the UK, serving the battery-electric Volta Zero vehicles that will operate on the streets of London from early 2023. The Hub is the second service and maintenance facility announced by Volta Trucks, after Bonneuil-sur-Marne in Paris, with further centers in other European cities to be announced in due course. Volta Trucks Hub...

QIA (Qatar Investment Authority), the sovereign wealth fund of the State of Qatar, has agreed to invest EUR 2,427.6 million in RWE AG (RWE) to support RWE’s accelerated ‘Growing Green’ strategy. RWE will issue a mandatory convertible bond to a subsidiary of QIA. The bond will be converted into new ordinary bearer shares expected to represent just under 10% of RWE’s existing share capital (and approximately 9.09% of the enlarged share capital post-conversion).  glob...

Light rail transit (LRT) is a form of urban passenger rail transit that combines the features of a tram and rapid transit. While its rolling stock is more similar to a tram than a traditional railway, an LRT operates at a higher capacity and speed than a tram, and often on an exclusive right-of-way.  light rail network In the United States of America (USA), light rail operates primarily along exclusive rights-of-way and uses either individual tramcars or multiple units coupled to for...

Lincoln Electric Holdings, Inc. (Lincoln Electric) is pleased to host the WorldSkills International Competition 2022 Special Edition for Welding and Construction Metal Work, at its Welding Technology & Training Center (WTTC) in Cleveland, Ohio, USA, from October 17 to 21, 2022.  WorldSkills, which has 85 member countries and 61 skills competitions, seeks to inspire young people to develop a passion for skills in the trades, through global competitions and to turn those passions into pr...

ABB has reached an agreement to divest to Hitachi, Ltd. (Hitachi) its remaining 19.9 percent equity stake in the Hitachi Energy joint venture that was formed from ABB’s Power Grids business in 2020, with Hitachi holding a stake of 80.1 percent. Hitachi has exercised its call option that was agreed between the parties in December 2018. The call option’s exercise value is US$ 1.679 billion. ABB to provide transition services The companies have agreed to settle remaining obligations...

Three power plant units of RWE Power that were previously on standby will return to the electricity market on schedule in October. The German government has issued the necessary ordinance within the framework of the German Act on the Maintenance of Replacement Power Plants (Ersatzkraftwerkebereithaltungsgesetz). The units Neurath C, Niederaussem E, and F are already scheduled to go into operation in the coming days. As with all other power plants, it is up to the operator to deploy the plants...

Orcan Energy has installed its solution for waste heat for the first time on a river cruise ship. Currently the largest Rhine cruise ship, A-ROSA SENA, owned by A-ROSA Flussschiff GmbH, has installed one of Orcan Energy's ORC modules, designed specifically for the marine market.  E-Motion ship The E-Motion ship, with a hybrid propulsion system consisting of a diesel engine and an electric motor, can convert the waste heat from the ship's engines into electrical energy, reducing its fuel c...

Martin McCabe joins from Contactum Ltd bringing a wealth of industry experience gained from devising and implementing customer service improvement programs, and process enhancements and delivering customer service excellence for a dynamic and varied client base. Martin McCabe’s objective at CP Electronics, part of Legrand UK and Ireland, will be to create and develop an industry-leading customer service experience, achieved by streamlining communication processes and improving response ti...

Shenzhen EN Plus Tech Co., Ltd. (EN+), a China-based intelligent electric vehicle (EV) charging solutions provider, announces it has completed a new round of financing from strategic investor Eaton, a power management company. Electric vehicle charging market “EN+ is excited to complete this strategic step for future business growth.  EN+’s business demonstrates strong track record in recent years,” said Tony Jin, CEO, EN+. “EN+ is committed to contributing to the...

Schneider Electric, the globally renowned company in digital transformation of energy management and automation, today unveiled Advanced Electrical Design™ for Autodesk® Revit® at the Autodesk University conference. Schneider Electric formed BIM Electrical Corp. as result of its strategic partnership with Autodesk, an internationally renowned company in design and make technology, to bring this advanced BIM-based electrical design solution that integrates directly with Revit, crea...

Orcan Energy, the company turning waste heat into clean electricity, has raised EUR 28.5 million in a late-stage growth round. The funding comes from prominent Article 9 Funds TiLT Capital, a new asset management company dedicated to energy transition and part of the Siparex Group, one of France’s leading private equity companies, and a well-known European institutional investor, as well as existing investor Air Liquide Venture Capital (ALIAD). Based in Munich, Germany, Orcan Energy will...

E.ON’s wholly owned subsidiary - PreussenElektra GmbH has reached an agreement with the Federal Ministry of Economics and Climate Action (BMWK) and the Federal Ministry for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection (BMUV) on the cornerstones of a potential continued operation of the Isar 2 nuclear power plant beyond 31 December 2022. Regarding a potential continued operation of Isar 2, the operators have recently been in close exchange with the Federal M...

Business owners, property owners, and municipalities have been given more time to apply for Ameren Missouri’s Charge Ahead program, which provides up to 50% in reimbursements to install electric vehicle (EV) charging stations on property parking lots. Nearly $4 million in funds are available to qualified customers. These charging stations can bring in additional revenue for businesses or be a complimentary service that may bring in new customers. Inflation Reduction Act Ameren’s r...

The International Energy Agency (IEA) and several partners have launched a new tool to track financing costs for energy projects around the world, with the aim of identifying and addressing risks that have impeded vital investment flows to emerging and developing economies. Cost of Capital Observatory The Cost of Capital Observatory was developed by the IEA, together with the World Economic Forum, ETH Zurich and Imperial College London. It will be hosted on the IEA’s website and regularl...

Infinitum, the creator of the breakthrough air-core motor, announces that technology leader Rick Tewell will join the company as President. Rick brings nearly four decades of leadership experience scaling production across the automotive, semiconductor, and electronics industries to Infinitum and will help lead the company’s hypergrowth phase. Prior to joining Infinitum, Rick Tewell was the Chief Operating Officer (COO) for AEye, a pioneer in high-performance, lidar solutions for industri...

It is announced that The Forge, Landsec’s first net zero carbon (NZC) commercial development is to feature smart energy management solutions from Schneider Electric. Landsec and Schneider have worked closely from the early concept stages of this first-of-its-kind development, which is set to complete at the end of 2022 and is aligned with Landsec’s commitment to become a net zero carbon business and reduce absolute carbon emissions by 70% by 2030. Smart Approach The Forge, a Londo...

Despite encouraging signs of progress across a number of sectors, stronger efforts are needed to bring the world on track to reach net zero emissions by mid-century, according to the IEA’s latest appraisal of global progress on clean energy technologies. The annual Tracking Clean Energy Progress (TCEP) update assesses 55 components of the energy system – sectors, technologies, infrastructures and cross-cutting CO2 mitigation strategies – and evaluates their progress in 2021 to...

The accelerated rollout of clean energy technologies needed to reach climate goals depends on building up a skilled workforce and studying different labor training programs around the world can provide valuable insights for countries and communities undertaking their clean energy transitions, according to a new report by the International Energy Agency. The report is being launched at the Global Clean Energy Action Forum (GCEAF) in Pittsburgh, USA to inform discussions and advance the work of t...

Infinitum, creator of the breakthrough air-core motor, has announced that technology pioneer - Rick Tewell will join the company as President. Rick Tewell brings nearly four decades of leadership experience scaling production across the automotive, semiconductor, and electronics industries to Infinitum and will help lead the company’s hypergrowth phase. Rick's experience  Before joining Infinitum, Rick was Chief Operating Officer for AEye, a global pioneer in high-performance, lida...

Over two-thirds (68.5%) of Brits are likely to purchase a smart home product in the next two years, and almost half (45.6%) would be more likely to purchase a home with smart technology installed. In a survey of 1,000 UK consumers by Legrand, smart heating and energy controls, security, and gate/door entry technology are perceived to add the most value to a home. Detailed in an industry report – Connecting the UK’s Homes – the survey results show several opportunitie...

At its meeting, the Supervisory Board of E.ON SE extended the contract of CEO Leonhard Birnbaum by a further five years until 30 June 2028. Birnbaum has been a member of the Group's management body since 2013 and has been E.ON's CEO since April 2021. Supervisory Board Chairman, Karl-Ludwig Kley commented on the contract extension: "As Chairman of the Board of Management, Leonhard Birnbaum has further sharpened the E.ON Group's strategy with its clear focus on sustainability, digitalization, and...

Schneider Electric, the pioneer in the digital transformation of energy management and automation, is participating in The Boston Marathon Jimmy Fund Walk for the 12th consecutive year. Hosted by Dana-Farber Cancer Institute and The Jimmy Fund, the walk is designed to raise awareness about cancer and fundraise to support ongoing cancer research and patient care. Cancer Awareness The event is held on October 2, 2022, along the historic Boston Marathon route. It is back in person following the...

Mitsubishi Electric Corporation announces that together with Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC) they have developed an electrical motor-design support system incorporating Mitsubishi Electric's Maisart® AI technology to dramatically shorten the time required to produce electrical motor designs that achieve the same performance as conventional design methods deployed manually by skilled engineers. TMEIC plans to adopt the system for internal operations in FY 2...

Hitachi Energy, a globally renowned technology company that is advancing a sustainable energy future for all, has announced that it has been selected by Transmission Developers Inc., a Blackstone portfolio company that is specialized in renewable power development, to supply a high-voltage direct current (HVDC) converter station, which is a key part of the transmission solution for the Champlain Hudson Power Express (CHPE) HVDC interconnection between Québec, in Canada and the New York Ci...

Energy efficiency and sustainability have at last filtered down into daily lives and homes. Users have become more environmentally aware and want to make changes and make a difference.  If users are keen to make their homes more sustainable and save energy in the long run, user need to consider every detail. steps needed to consider 1. Window treatments Windows can be responsible for up to 25% of heat loss in the home. High-performance windows can make a huge difference. If users have s...

ABB announces it will acquire the PowerTech Converter (PTC) business, a supplier of auxiliary power converter solutions for light rail vehicles and metros. The acquisition is an important part of ABB Motion’s external growth strategy. Owned by RCP, PTC is headquartered in Berlin, Germany, and has other facilities in Holzkirchen, Germany, and Mount Olive, USA. With around 280 employees, the business generated revenues of approximately €60 million in 2021. Increasing industry demand...

Large-scale and prolonged power outages, waste piling up as waste disposal ceases to function, disruptions to water or gas supplies, and successful cyber attacks on critical infrastructures, especially the power grid, can have serious consequences.  Holistically conceived cyber security is necessary to prevent such scenarios. As part of the Fraunhofer Center for Digital Energy, Fraunhofer FKIE is working with partners to increase IT security and make the sector resilient to attacks....