Electric power

Hitachi Energy wins order to upgrade world-record high-voltage direct current transmission system

Retrieved on: 
Friday, November 10, 2023

The link can transmit up to2,200 megawatts of electricity, making it the most powerful "back-to-back"(1) HVDC system in the world.

Key Points: 
  • The link can transmit up to2,200 megawatts of electricity, making it the most powerful "back-to-back"(1) HVDC system in the world.
  • This order underlines Hitachi Energy Service's commitment to trusted long-term partnerships and builds on our proven track record of delivering innovative and reliable energy service solutions.
  • "We are proud to support Taesa by providing ourcutting-edge HVDC control system and Hitachi Energy Service solutions, making the link more secure.
  • "Cross-border interconnections such as Garabi are a key part of that mission and this Hitachi Energy HVDC system is an important part of securing power for the Brazilian National Interconnected System and with international connections increasing the energy security of our system."

ALLETE, Grid United sign development agreements for advancing new HVDC transmission line in North Dakota and Montana

Retrieved on: 
Thursday, December 21, 2023

ALLETE, Inc. (NYSE:ALE) and North Plains Connector LLC, a subsidiary of Grid United LLC, this week signed development agreements for the North Plains Connector project, a new, approximately 400-mile high-voltage direct-current (HVDC) transmission line from central North Dakota to Colstrip, Montana.

Key Points: 
  • ALLETE, Inc. (NYSE:ALE) and North Plains Connector LLC, a subsidiary of Grid United LLC, this week signed development agreements for the North Plains Connector project, a new, approximately 400-mile high-voltage direct-current (HVDC) transmission line from central North Dakota to Colstrip, Montana.
  • The agreements outline each company’s roles and responsibilities as development of the North Plains Connector accelerates.
  • ALLETE and Grid United had previously signed a memorandum of understanding in January 2023 to explore development opportunities for the North Plains Connector.
  • Connecting the North Dakota and Montana grids will help mitigate the impact of extreme weather events and accommodate the growing demand for electricity.

Low-Voltage MOSFET Market size to grow by USD 1.85 billion growth between 2022 - 2027| Driven by Increased investments in data centers- Technavio

Retrieved on: 
Tuesday, December 19, 2023

Download Free Sample before buying

Key Points: 
  • Download Free Sample before buying
    What are the main growth drivers for the Low-Voltage MOSFET Market?
  • The rise in data center investments stands out as a significant driver for market expansion.
  • Increased funding directed towards the establishment of new data centers is fueling the growth of the global low-voltage MOSFET market.
  • Buy the report to get the details
    What are some of the challenges faced by the Low-Voltage MOSFET Market?

Apollo Tactical Income Fund Inc. Declares November 2023 Monthly Distribution of $0.125 Per Share

Retrieved on: 
Friday, November 10, 2023

NEW YORK, Nov. 10, 2023 (GLOBE NEWSWIRE) -- (NYSE: AIF) - Apollo Tactical Income Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of November 2023 of $0.125 per common share, payable on the date noted below.

Key Points: 
  • NEW YORK, Nov. 10, 2023 (GLOBE NEWSWIRE) -- (NYSE: AIF) - Apollo Tactical Income Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of November 2023 of $0.125 per common share, payable on the date noted below.
  • The following dates apply to the declared distribution:

Apollo Senior Floating Rate Fund Inc. Declares November 2023 Monthly Distribution of $0.135 Per Share

Retrieved on: 
Friday, November 10, 2023

NEW YORK, Nov. 10, 2023 (GLOBE NEWSWIRE) -- (NYSE: AFT) - Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of November 2023 of $0.135 per common share, payable on the date noted below.

Key Points: 
  • NEW YORK, Nov. 10, 2023 (GLOBE NEWSWIRE) -- (NYSE: AFT) - Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of November 2023 of $0.135 per common share, payable on the date noted below.
  • The following dates apply to the declared distribution:

Uplight to Acquire AutoGrid, Expanding Clean Energy Offerings, Markets, and Business Models

Retrieved on: 
Thursday, December 14, 2023

The combined capabilities of Uplight and AutoGrid will provide utilities and new energy players with a single platform to integrate, orchestrate, and monetize distributed energy resources (DERs).

Key Points: 
  • The combined capabilities of Uplight and AutoGrid will provide utilities and new energy players with a single platform to integrate, orchestrate, and monetize distributed energy resources (DERs).
  • As decarbonization and electrification rapidly change the needs of the energy ecosystem, reliable load flexibility has become essential to managing the grid.
  • Until now, utilities and energy companies have not had a single, unified platform to create grid-scale flexible capacity.
  • This acquisition solves for that, delivering more residential and business customer participation, more grid-connected devices, and new energy flexibility options to utilities and other players across today’s dynamic energy value chain.

Alpha and Omega Semiconductor Announces Automotive Grade 80V and 100V MOSFETs in TO-Leadless Packaging Technology for e-Mobility

Retrieved on: 
Wednesday, December 13, 2023

This new package helps designers meet the ongoing trend to electrify vehicles with the latest battery technology to meet clean energy zero-emission goals.

Key Points: 
  • This new package helps designers meet the ongoing trend to electrify vehicles with the latest battery technology to meet clean energy zero-emission goals.
  • These capabilities make AOS 80V and 100V MOSFETs ideally suited for automotive BLDC motor and battery management applications for e-mobility.
  • View the full release here: https://www.businesswire.com/news/home/20231213534372/en/
    Automotive Grade 80V and 100V MOSFETs in TOLL Packaging Technology (Graphic: Business Wire)
    The AOS automotive TOLL package is designed to achieve the highest current capability using AOS’s innovative approach which utilizes advanced clip technology to achieve a high in-rush current rating.
  • “Using the AOS Automotive TOLL package with clip technology offers significant performance improvements in a robust package.

ComEd Expanding High Voltage Substation in Wilton Center to Enable Largest Cluster of Wind and Solar Projects in Illinois and PJM Region

Retrieved on: 
Tuesday, December 12, 2023

The substation expansion is expected to be complete and proposed wind farms are expected to be operational in late 2026.

Key Points: 
  • The substation expansion is expected to be complete and proposed wind farms are expected to be operational in late 2026.
  • The Wilton Center substation yard is approximately 1 million square feet and will expand by about 50 percent when construction is complete.
  • The largest wind farm currently operating in Illinois is the 396 MW Twin Groves Wind Farm in McLean County.
  • ComEd has 13 active wind projects underway in either construction or study phase, representing 3,120 MW of potential wind generation.

Comvest Partners Completes Sale of Systems Control to Hubbell

Retrieved on: 
Wednesday, December 13, 2023

Comvest Partners (“Comvest”), a middle-market private investment firm, today announced the completion of its previously announced sale of Systems Control, a leading manufacturer of end-to-end substation control solutions, to Hubbell Incorporated (NYSE: HUBB).

Key Points: 
  • Comvest Partners (“Comvest”), a middle-market private investment firm, today announced the completion of its previously announced sale of Systems Control, a leading manufacturer of end-to-end substation control solutions, to Hubbell Incorporated (NYSE: HUBB).
  • Systems Control provides highly engineered substation control and relay panels, customized turnkey substation control building solutions, and engineering services to utilities in the electric transmission and distribution industry.
  • “Comvest invested in Systems Control in partnership with management with a shared vision of scaling the company as a best-in-class turnkey provider of end-to-end substation control solutions.
  • We are excited for Systems Control’s future as part of Hubbell,” added Maneesh Chawla, a Managing Partner at Comvest.

GE Vernova–MYTILINEOS Consortium Awarded £1bn Contract to Construct the UK’s First High-Capacity East Coast Subsea Link

Retrieved on: 
Tuesday, December 12, 2023

Specifically, the GE Vernova–MYTILINEOS consortium was selected to supply and construct two High-Voltage Direct Current (HVDC) converter stations for Eastern Green Link 1 (EGL1), a joint venture between National Grid Electricity Transmission and SP Transmission.

Key Points: 
  • Specifically, the GE Vernova–MYTILINEOS consortium was selected to supply and construct two High-Voltage Direct Current (HVDC) converter stations for Eastern Green Link 1 (EGL1), a joint venture between National Grid Electricity Transmission and SP Transmission.
  • HVDC provides the most efficient and reliable means of transmitting large amounts of power long distances subsea.
  • "Together with our consortium partner MYTILINEOS, we are honored to have been awarded the HVDC contract for EGL1, one of the UK’s largest ever transmission projects.
  • EGL1 is a key part of the new network infrastructure in supporting UK’s efforts for decarbonization and security of supply.