Electric power

Mitsubishi Electric to Transfer Distribution Transformer Business to Hitachi Industrial Equipment Systems

Retrieved on: 
Friday, April 5, 2024

Hitachi Industrial Equipment Systems Co., Ltd. (Head Office: Chiyoda-ku, Tokyo; President and CEO: Yasuhiro Takeuchi; hereinafter “Hitachi Industrial Equipment Systems”) and Mitsubishi Electric Corporation (Head Office: Chiyoda-ku, Tokyo; President & CEO: Kei Uruma; hereinafter “Mitsubishi Electric”) today announced that they have agreed to transfer the distribution transformer business of Mitsubishi Electric’s Nagoya Works, which develops and manufactures factory automation (FA) equipment, to Hitachi Industrial Equipment Systems and integrate their businesses (hereinafter “Business Transfer”).

Key Points: 
  • Hitachi Industrial Equipment Systems Co., Ltd. (Head Office: Chiyoda-ku, Tokyo; President and CEO: Yasuhiro Takeuchi; hereinafter “Hitachi Industrial Equipment Systems”) and Mitsubishi Electric Corporation (Head Office: Chiyoda-ku, Tokyo; President & CEO: Kei Uruma; hereinafter “Mitsubishi Electric”) today announced that they have agreed to transfer the distribution transformer business of Mitsubishi Electric’s Nagoya Works, which develops and manufactures factory automation (FA) equipment, to Hitachi Industrial Equipment Systems and integrate their businesses (hereinafter “Business Transfer”).
  • After obtaining approval from the relevant authorities, assets and other items related to the distribution transformer business (development, design, manufacturing, sales, and maintenance) at Mitsubishi Electric’s Nagoya Works will be transferred to Hitachi Industrial Equipment Systems in stages beginning in October 2024, with completion scheduled for April 1, 2026.
  • The Business Transfer does not include the transformers manufactured at Mitsubishi Electric’s Transmission & Distribution Systems Center, Ako Factory.
  • Through this Business Transfer, Hitachi Industrial Equipment Systems will expand its product lineup of highly energy-efficient and eco-friendly transformers and accelerate the growth of grid edge solutions centered on power distribution systems, mainly in the domestic market.

Bidgely Named a Top 10 Applied AI Company on Fast Company’s 2024 List of the World's Most Innovative Companies

Retrieved on: 
Tuesday, March 19, 2024

Bidgely has been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2024, ranking 7th in the Applied AI category .

Key Points: 
  • Bidgely has been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2024, ranking 7th in the Applied AI category .
  • View the full release here: https://www.businesswire.com/news/home/20240319221828/en/
    Fast Company recognizes Bidgely as one of the world's Most Innovative Companies of 2024 for helping utility companies enhance grid management through AI.
  • The World's Most Innovative Companies stands as Fast Company's hallmark franchise and one of its most anticipated editorial efforts of the year.
  • Fast Company’s Most Innovative Companies package is available online , as well as in-app form via iTunes, and on newsstands beginning March 26.

Texas Consumers Deserve Reliable Grid at Affordable Cost

Retrieved on: 
Thursday, April 4, 2024

The analysis was prepared by Josh Rhodes of IdeaSmiths and Rajaz Amitava of Astrapé Consulting for Texas Consumer Association (TCA).

Key Points: 
  • The analysis was prepared by Josh Rhodes of IdeaSmiths and Rajaz Amitava of Astrapé Consulting for Texas Consumer Association (TCA).
  • The study shows that Texas consumers will pay at least $1 billion more annually if the PUC implements the Performance Credit Mechanism (PCM) method according to H.B 1500.
  • "Texas consumers will pay tens of billions of dollars over several decades for the long-term reliability failures during Winter Storm Uri," said Haverlah.
  • It's our hope that lawmakers, regulators, and the grid operator will correct the course to provide Texas consumers the reliability they expect at a cost they can afford."

Recloser Market Worth $1.5 Billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 25, 2024

Air-insulated reclosers (AIR reclosers) are emerging as a promising alternative in the Recloser Market, driven by a growing focus on environmental sustainability.

Key Points: 
  • Air-insulated reclosers (AIR reclosers) are emerging as a promising alternative in the Recloser Market, driven by a growing focus on environmental sustainability.
  • Their future growth depends on overcoming limitations through technological advancements while leveraging their environmental benefits to gain wider acceptance within the evolving Recloser Market.
  • The North American Recloser Market is a fragmented market with established global players and regional participants vying for market share.
  • International companies like ABB, Eaton, Schneider Electric, and Siemens hold a strong presence in the market, offering a variety of recloser solutions.

Recloser Market Worth $1.5 Billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 25, 2024

Air-insulated reclosers (AIR reclosers) are emerging as a promising alternative in the Recloser Market, driven by a growing focus on environmental sustainability.

Key Points: 
  • Air-insulated reclosers (AIR reclosers) are emerging as a promising alternative in the Recloser Market, driven by a growing focus on environmental sustainability.
  • Their future growth depends on overcoming limitations through technological advancements while leveraging their environmental benefits to gain wider acceptance within the evolving Recloser Market.
  • The North American Recloser Market is a fragmented market with established global players and regional participants vying for market share.
  • International companies like ABB, Eaton, Schneider Electric, and Siemens hold a strong presence in the market, offering a variety of recloser solutions.

NIKOLA CELEBRATES GRAND OPENING OF FIRST HYLA REFUELING STATION IN SOUTHERN CALIFORNIA

Retrieved on: 
Thursday, March 21, 2024

PHOENIX, March 21, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, celebrated the grand opening of its inaugural HYLA high-pressure modular refueling station and facility in Southern Calif. The celebration welcomed fleet customers, dealers from Nikola's sales and service network, government officials, industry press and members of the Nikola leadership and engineering teams, each playing an integral role in the realization of this achievement.

Key Points: 
  • PHOENIX, March 21, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand , celebrated the grand opening of its inaugural HYLA high-pressure modular refueling station and facility in Southern Calif.
  • "We are proud to commemorate this historic day as we celebrate the inauguration of the first HYLA hydrogen refueling station in Southern California.
  • Working alongside industry leaders, Nikola is securing a robust hydrogen supply chain and expanding its HYLA refueling infrastructure to support growing demand.
  • This network includes the recent 10-year agreement with FirstElement Fuel for a hydrogen refueling station in Oakland, Calif.

HVDC Converter Station Market Projected to Reach $20.63 billion by 2030 - Exclusive Report by 360iResearch

Retrieved on: 
Monday, March 18, 2024

The push toward renewable energy sources, propelled by rapid urbanization and governmental initiatives, emphasizes the growing investments in HVDC technology.

Key Points: 
  • The push toward renewable energy sources, propelled by rapid urbanization and governmental initiatives, emphasizes the growing investments in HVDC technology.
  • The surge in cross-border power trading is a pivotal force driving the expansion of the High Voltage Direct Current (HVDC) converter station market.
  • We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the HVDC Converter Station Market.
  • "Dive into the HVDC Converter Station Market Landscape: Explore 198 Pages of Insights, 386 Tables, and 24 Figures"

HVDC Converter Station Market Projected to Reach $20.63 billion by 2030 - Exclusive Report by 360iResearch

Retrieved on: 
Monday, March 18, 2024

The push toward renewable energy sources, propelled by rapid urbanization and governmental initiatives, emphasizes the growing investments in HVDC technology.

Key Points: 
  • The push toward renewable energy sources, propelled by rapid urbanization and governmental initiatives, emphasizes the growing investments in HVDC technology.
  • The surge in cross-border power trading is a pivotal force driving the expansion of the High Voltage Direct Current (HVDC) converter station market.
  • We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the HVDC Converter Station Market.
  • "Dive into the HVDC Converter Station Market Landscape: Explore 198 Pages of Insights, 386 Tables, and 24 Figures"

Hitachi Energy to appoint Andreas Schierenbeck as new Chief Executive Officer, Claudio Facchin to step down on June 30, 2024

Retrieved on: 
Thursday, March 7, 2024

Zurich, March 07, 2024 (GLOBE NEWSWIRE) -- Hitachi Energy today announced that Andreas Schierenbeck will be appointed as the new Chief Executive Officer, effective July 1, 2024.

Key Points: 
  • Zurich, March 07, 2024 (GLOBE NEWSWIRE) -- Hitachi Energy today announced that Andreas Schierenbeck will be appointed as the new Chief Executive Officer, effective July 1, 2024.
  • Claudio Facchin, Hitachi Energy CEO, will step down at the end of June 2024.
  • Andreas will engage with the Hitachi Energy Board, Executive Team and Claudio to ensure a smooth transition prior to the handover on July 1, 2024.
  • "It's been an honor and a privilege to lead the transition to Hitachi Energy, working alongside the Executive Team and the entire Hitachi Energy organization across the globe", said Claudio Facchin, CEO of Hitachi Energy.

Vishay Intertechnology 80 V Symmetric Dual MOSFET Delivers Best in Class RDS(ON) in PowerPAIR® 3x3FS to Increase Power Density, Efficiency, and Thermal Performance

Retrieved on: 
Wednesday, February 28, 2024

For power conversion in industrial and telecom applications, the Vishay Siliconix SiZF4800LDT increases power density and efficiency while enhancing thermal performance, reducing component counts, and simplifying designs.

Key Points: 
  • For power conversion in industrial and telecom applications, the Vishay Siliconix SiZF4800LDT increases power density and efficiency while enhancing thermal performance, reducing component counts, and simplifying designs.
  • The dual MOSFET released today can be used in place of two discrete devices typically specified in the PowerPAK® 1212 package, saving 50 % board space.
  • To increase power density, the MOSFET offers best in class on-resistance down to 18.5 mΩ typical at 4.5 V. This is 16 % lower than the closest competing device in the same package dimensions.
  • The device’s flip-chip technology enhances thermal dissipation, resulting in 54 % lower thermal resistance compared to competing MOSFETs.