Press Releases
3 December 2024
GE Vernova Inc. announced today that it has secured an order with Dominion Energy South Carolina for the modernization of two hydropower units installed at the Saluda Hydro power plant located on the Saluda River in the Southeastern region of the United States, approximately 10 miles west of the city of Columbia, South Carolina. This modernization project will help extend the lifetime, reliability, performance, and operational flexibility of the power plant that has been generating sustainabl
Read more...29 November 2024
Abu Dhabi Future Energy Company PJSC - Masdar, the UAE's leading clean energy company, today announced that it has successfully completed the acquisition of 70% of the outstanding shares of TERNA ENERGY SA from GEK TERNA SA and other shareholders, and has received all regulatory approvals. The transaction, completed at a price of EUR 20 per share, values TERNA ENERGY at an enterprise value of EUR 3.2 billion, representing the largest-ever energy transaction on the Athens Stock Excha
Read more...29 November 2024
As a global leader in sodium-ion battery technology, Biwatt is showcasing its latest advancements in sustainable energy storage at Solar Solutions Düsseldorf. Biwatt is committed to driving renewable energy adoption through eco-friendly, efficient sodium-ion technology that performs exceptionally well even in extreme cold climates. "At Biwatt, we are dedicated to advancing sodium-ion innovation to deliver sustainable, safe, and cold-resistant energy solutions," said O
Read more...Mitsubishi Electric Thailand has officially launched its Sustainable Building Collaboration 2024 initiative. Designed to support Thailand’s commitment to carbon neutrality by 2050 and Net Zero Emissions by 2065, the program fosters an ecosystem for sustainable building, combining advanced automation, green building technologies, and multi-sector partnerships. As part of the launch event, held at the True Digital Park in Bangkok, Mitsubishi Electric demonstrated its full range
Read more...Marstek, an established leader in energy storage technology, successfully hosted the launch event of its Energycube AC Couple ESS at the Solar Solutions Düsseldorf trade show. Wholesalers, installers, and media representatives attended the event, connecting with peers, gaining valuable insights into the industry, and exploring Marstek's latest advancements in renewable energy storage. Peter Yang, CEO of Marstek, expressed his enthusiasm: "We are excited to partner with
Read more...28 November 2024
Hyundai Motor Company and Kia Corporation have unveiled a reliable companion for industrial work, the wearable robot 'X-ble Shoulder.' This device, just by being worn, can increase workers' efficiency and reduce musculoskeletal injuries. Two videos released on Hyundai Motor Group's YouTube channel show the X-ble Shoulder in action, including product features and the development story. Hyundai Motor and Kia unveiled the X-ble Shoulder at Wearable Robot Tech
Read more...27 November 2024
Honeywell announced today that it has agreed to sell its Personal Protective Equipment (PPE) business to Protective Industrial Products, Inc. ("PIP"), a portfolio company of Odyssey Investment Partners, for $1.325 billion in an all-cash transaction. The transaction will enable Honeywell to further simplify its portfolio in order to accelerate value creation in alignment with three compelling megatrends: automation, the future of aviation and energy transition. Honeywell
Read more...27 November 2024
The CMX500 one-box signaling tester and R&S SMBV100B vector signal generator from Rohde & Schwarz are now integrated with the chamber technology and EMQuest™ software from ETS-Lindgren. With this integration, the two companies continue their partnership to advance comprehensive testing capabilities for wireless technologies. The CMX500 offers a wide range of device testing capabilities, supporting cellular and non cellular technologies such as 4G LTE, 5G NR FR1 and FR2
Read more...26 November 2024
Universal Robots, the Danish collaborative robot (cobot) company, has announced it will open a brand-new service and repair center exclusively for its India customers. Located in Unit No. 107, 1st Floor Brigade Senate 2, Hebbal – 560094, home to Universal Robots' local headquarters, the center will officially open its doors on November 25. This new facility is dedicatedly designed to address the rising demand for automation solutions across India. It aims to provide existi
Read more...26 November 2024
Honeywell announced today that it has agreed to sell its Personal Protective Equipment (PPE) business to Protective Industrial Products, Inc. ("PIP"), a portfolio company of Odyssey Investment Partners, for $1.325 billion in an all-cash transaction. The transaction will enable Honeywell to further simplify its portfolio in order to accelerate value creation in alignment with three compelling megatrends: automation, the future of aviation and energy transition. Honeywell
Read more...In a major advancement for Ghana’s energy infrastructure, the President of the Republic commissioned the Ghana Bridge Power Project. This modern facility represents a significant milestone in Ghana’s commitment to expanding its power generation capacity while improving fuel efficiency and environmental sustainability. The project is to construct an up to 515MW power plant with a projected cost of $1.2 billion at Kpone, in the Heavy Industrial Area of Ghana. Bridge Power
Read more...22 November 2024
New Motion Controller available for four different motor technologies. New Motion Controller for four different motor technologies © FAULHABER A motion controller with even more possibilities: With the new MC 3602 B and MC 3606 B motion controllers, the selection and commissioning of drive systems is now even simpler. With the compact MC 3602/06
Read more...22 November 2024
Southern Power, a leading U.S. wholesale energy provider and subsidiary of Southern Company, today announced an additional expansion of its 29th solar project Millers Branch Solar Facility. The Phase III expansion will account for an added 132-megawatts (MW) from the previous Phase I and Phase II expansion of 200 MW and 180 MW respectively. This final development will bring the Millers Branch Solar Facility to a total generating capacity of 512 MW. "This expansion of the Miller
Read more...ABB has completed a second strategic investment in US-based technology company Pratexo, an edge-to-cloud software solution provider. The deepening collaboration between both organizations comes as companies continue to shift from centralized cloud to edge computing and hybrid edge-to-cloud solutions for better operational technology management. Financial details of the investment were not disclosed. “This further investment in Pratexo is about creating greater customer value t
Read more...21 November 2024
GE Vernova Inc. today announced that One Grid Operation AS has purchased its GridOS® orchestration software to help deliver more secure, reliable, and sustainable electricity to customers. One Grid Operation is owned by two of Norway’s distribution system operators, Tensio AS and Linea AS. GridOS is the first software portfolio designed specifically for grid orchestration. It’s comprised of a platform and suite of applications enabling secure, reliable grid orchestra
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