Electric power

ROHM and Toshiba Agree to Collaborate in Manufacturing Power Devices

Retrieved on: 
Friday, December 8, 2023

A plan by ROHM Co., Ltd. (“ROHM”) and Toshiba Electronic Devices & Storage Corporation (“Toshiba Electronic Devices & Storage”) to collaborate in the manufacture and increased volume production of power devices has been recognized and will be supported by the Ministry of Economy, Trade and Industry as a measure supporting the Japanese Government’s target of secure and stable semiconductor supply.

Key Points: 
  • A plan by ROHM Co., Ltd. (“ROHM”) and Toshiba Electronic Devices & Storage Corporation (“Toshiba Electronic Devices & Storage”) to collaborate in the manufacture and increased volume production of power devices has been recognized and will be supported by the Ministry of Economy, Trade and Industry as a measure supporting the Japanese Government’s target of secure and stable semiconductor supply.
  • ROHM and Toshiba Electronic Devices & Storage will respectively make intensive investments in silicon carbide (SiC) and silicon (Si) power devices, effectively enhance their supply capabilities, and complementally utilize other party’s production capacity.
  • ROHM and Toshiba Electronic Devices & Storage will collaborate in manufacturing power devices, through intensive investments in SiC and Si power devices, respectively, toward enhancing both companies’ international competitiveness.
  • Toshiba Electronic Devices & Storage and Kaga Toshiba: JPY99.1 billion
    LAPIS Semiconductor Miyazaki Plant No.2: SiC power devices and SiC wafers,

New Southern California Energy Storage Project Launches, Delivering Clean Power and Improved State Grid Resiliency

Retrieved on: 
Wednesday, December 6, 2023

State and local energy leaders joined company representatives to celebrate the launch of the 68.8 MW/275.2 MWh system, one of the largest energy storage systems in Southern California.

Key Points: 
  • State and local energy leaders joined company representatives to celebrate the launch of the 68.8 MW/275.2 MWh system, one of the largest energy storage systems in Southern California.
  • View the full release here: https://www.businesswire.com/news/home/20231206351655/en/
    The facility’s state-of-the-art battery energy storage system marks a significant step forward in providing clean power and improved grid resiliency in Orange County and the Southern California Edison Southwest LA region, while also reducing the carbon footprint of the regional grid.
  • With enough storage capacity to power 65,000 homes, SBES is capable of delivering enough clean energy to keep the lights on for many in the region.
  • “SBES is a clean energy storage solution that will deliver greater resiliency and stability during times of peak energy demand while simultaneously moving California towards a more sustainable energy future."

ComEd, CSL Highlight Completion of New Electrical Substation to Serve Kankakee Plant, Support Continued Regional Economic Growth

Retrieved on: 
Tuesday, December 5, 2023

ComEd today joined CSL, a global biotherapeutics company, and local partners to highlight the completion of a new electrical substation that will power CSL Behring’s growing operations and enhance regional power infrastructure.

Key Points: 
  • ComEd today joined CSL, a global biotherapeutics company, and local partners to highlight the completion of a new electrical substation that will power CSL Behring’s growing operations and enhance regional power infrastructure.
  • The new 5.6-acre substation is located next to CSL’s 140-acre campus in Kankakee County, the company’s only U.S. manufacturing center.
  • “In addition to supporting their power needs, this substation plays a key role in the continued economic growth of the region.
  • CSL Behring invested $35 million in below-ground site improvements roadway enhancements and surrounding infrastructure upgrades to support the new bulk power substation.

Spire Global Announces Participation in Morgan Stanley 6th Annual Space Summit

Retrieved on: 
Wednesday, November 29, 2023

Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, today announced its participation in the following upcoming event.

Key Points: 
  • Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, today announced its participation in the following upcoming event.
  • For more information about the event or to schedule a one-on-one meeting with Spire Global, please contact the sales representative at Morgan Stanley.

ReNew Successfully Commissions Its First Interstate Transmission Scheme (ISTS) Project Following Investment From Norfund and KLP

Retrieved on: 
Thursday, November 16, 2023

ReNew (“ReNew”, RNW, RNWWW: NASDAQ), India’s leading decarbonization solutions company, has commissioned its first interstate transmission project, the “Koppal Transmission Scheme”.

Key Points: 
  • ReNew (“ReNew”, RNW, RNWWW: NASDAQ), India’s leading decarbonization solutions company, has commissioned its first interstate transmission project, the “Koppal Transmission Scheme”.
  • Following the commissioning of the 1,500 MW Koppal Transmission Scheme, the remaining transmission for 3,500 MW is expected to be completed by June 2024.
  • Following the announcement, an agreement was signed yesterday on the second joint investment in the transmission sector with Norfund, the Norwegian Government’s Investment Fund for developing countries, and KLP, Norway’s largest pension company, through their joint company KNI India AS.
  • The investment by Norfund and KLP in ReNew’s transmission projects is in line with ReNew’s farm-down strategy, enabling ReNew to add further capacity.

Successful Operation of a Large-scale Energy Storage System by ADS-TEC Energy in Switzerland

Retrieved on: 
Wednesday, November 15, 2023

For over a decade, ADS-TEC Energy (NASDAQ: ADSE), a global leader in battery-buffered platform solutions, has delivered large-scale battery energy storage plants in the megawatt range with the flexibility required for energy transition.

Key Points: 
  • For over a decade, ADS-TEC Energy (NASDAQ: ADSE), a global leader in battery-buffered platform solutions, has delivered large-scale battery energy storage plants in the megawatt range with the flexibility required for energy transition.
  • As a system provider with in-house developed battery technology, including battery management and control, the company has a long history in large-scale storage solutions.
  • View the full release here: https://www.businesswire.com/news/home/20231115071212/en/
    ADS-TEC Energy's high-performance energy storage system at the energy provider Rhiienergie in Switzerland has paid for itself in just two years (Photo: Business Wire)
    Since March 26, 2021, a large-scale energy storage system with a capacity of 1.25 megawatts and 1.3 megawatt-hours has been operational for Rhiienergie AG in Graubünden, Switzerland.
  • Digital twins are created for the entire system down to the cell level and each storage unit is monitored by ADS-TEC Energy through a secure connection to detect critical system conditions in a timely manner.

TS Conductor Wins Rising Star Company at S&P Global Commodity Insights' 25th Annual Platts Global Energy Awards

Retrieved on: 
Monday, December 18, 2023

HUNTINGTON BEACH, Calif., Dec. 18, 2023 /PRNewswire-PRWeb/ -- TS Conductor, a pioneer in high-performance transmission and distribution conductors for electricity grids, received the Rising Star Company award at the 25th Annual Platts Global Energy Awards.

Key Points: 
  • HUNTINGTON BEACH, Calif., Dec. 18, 2023 /PRNewswire-PRWeb/ -- TS Conductor, a pioneer in high-performance transmission and distribution conductors for electricity grids, received the Rising Star Company award at the 25th Annual Platts Global Energy Awards.
  • An independent panel of judges chose the winners of the 2023 Platts Global Energy Awards from finalists selected from nominations that represented 33 different countries.
  • TS is backed by investors such as Breakthrough Energy Ventures, National Grid Partners, NextEra Energy, and others.
  • For details on all of the winners of this year's Platts Global Energy Awards, access the December issue of the S&P Global Commodity Insights Magazine or visit the Platts Global Energy Awards website .

Magnachip Commences Full-Scale Mass Production of New 30V MXT LV MOSFET for Electric Power Steering Systems

Retrieved on: 
Monday, December 18, 2023

Developed with highly rugged trench MOSFET technology, the new 30V MXT LV MOSFET ensures a stable power supply for electric power steering

Key Points: 
  • Developed with highly rugged trench MOSFET technology, the new 30V MXT LV MOSFET ensures a stable power supply for electric power steering
    SEOUL, South Korea, Dec. 18, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or "Company") (NYSE: MX) announced today that the Company has begun full-scale mass production of its new 30V MXT LV Metal-Oxide-Semiconductor Field-Effect Transistors (MOSFETs)* used in Electronic Control Units (ECUs) of Electric Power Steering (EPS) systems.
  • This MOSFET product is being used by a global automaker.
  • The new 30V MXT LV MOSFET provides a stable power supply to EPS, assisting a vehicle's directional control through an electric motor.
  • "Magnachip's new compact and highly reliable MOSFET for EPSs showcases our differentiated technological capabilities," said YJ Kim, CEO of Magnachip.

Medium Voltage Motors Market to increase by USD 1.29 billion during 2023-2028, The rising focus on energy efficiency due to high power consumption to drive the growth - Technavio

Retrieved on: 
Thursday, December 14, 2023

The medium voltage motors market size is expected to grow by USD 1.29 billion between 2023 and 2028.

Key Points: 
  • The medium voltage motors market size is expected to grow by USD 1.29 billion between 2023 and 2028.
  • Who is driving the growth in the Medium Voltage Motors Market?
  • The rising focus on energy efficiency due to high power consumption in industrial motors drives market growth.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.

PSE&G is #1 for Residential and Business Customer Satisfaction among Large Electric utilities in the East Region

Retrieved on: 
Thursday, December 14, 2023

Power 2023 U.S. Electric Utility Residential Customer Satisfaction Study for electric residential customers in the East among large utilities.

Key Points: 
  • Power 2023 U.S. Electric Utility Residential Customer Satisfaction Study for electric residential customers in the East among large utilities.
  • Power 2023 U.S. Electric Utility Business Customer Satisfaction Study in the east among large utilities scoring highest in the customer contact factor.
  • Power across six factors in the 2023 Electric Utility Residential Customer Satisfaction Study: power quality and reliability; price; billing and payment; corporate citizenship; customer care; and communications.
  • Power named PSE&G number one in customer satisfaction with residential and business electric service in the east among large utilities.