Electric vehicle industry

GE and Hitachi ABB Power Grids Sign Landmark Agreement to Reduce Environmental Impact in the Electrical Transmission Industry

Retrieved on: 
Wednesday, April 21, 2021

b'GE Renewable Energy\xe2\x80\x99s Grid Solutions business (NYSE: GE) and Hitachi ABB Power Grids Ltd. announced today a non-exclusive, cross-licensing agreement related to the use of an alternative gas to sulfur hexafluoride (SF6) used in high voltage equipment.

Key Points: 
  • b'GE Renewable Energy\xe2\x80\x99s Grid Solutions business (NYSE: GE) and Hitachi ABB Power Grids Ltd. announced today a non-exclusive, cross-licensing agreement related to the use of an alternative gas to sulfur hexafluoride (SF6) used in high voltage equipment.
  • This will help accelerate the use of fluoronitrile-based eco-efficient insulation and switching gas in high-voltage equipment as an alternative to SF6.
  • For this reason, GE and Hitachi ABB Power Grids have been investing in the development of better alternatives to SF6.\n\xe2\x80\x9cUtilities are becoming increasingly aware of their environmental footprint and the impact it has on their communities and the world around them.
  • Today\xe2\x80\x99s landmark agreement reinforces our commitment to help our customers to reduce their greenhouse gas emissions,\xe2\x80\x9d said Heiner Markhoff, CEO of GE\xe2\x80\x99s Grid Solutions.

Atlas Renewable Energy partners with Hitachi ABB Power Grids to integrate Battery Energy Storage Systems in Renewable Projects

Retrieved on: 
Wednesday, April 21, 2021

b'MIAMI, April 21, 2021 /PRNewswire/ -- Atlas Renewable Energy, a leading renewable energy company in the Americas, announced today that it has signed a Collaboration Agreement with Hitachi ABB Power Grids, to jointly develop and execute Battery Energy Storage Systems (BESS) at a utility scale level for Atlas\' renewable projects.\nThis agreement will allow Hitachi ABB Power Grids to assist with the development of the best technical solutions regarding BESS and their interconnection during the development of a new project.

Key Points: 
  • b'MIAMI, April 21, 2021 /PRNewswire/ -- Atlas Renewable Energy, a leading renewable energy company in the Americas, announced today that it has signed a Collaboration Agreement with Hitachi ABB Power Grids, to jointly develop and execute Battery Energy Storage Systems (BESS) at a utility scale level for Atlas\' renewable projects.\nThis agreement will allow Hitachi ABB Power Grids to assist with the development of the best technical solutions regarding BESS and their interconnection during the development of a new project.
  • In the past, we worked together on introducing the first digital substation installed for a solar plant in Latin America.
  • As we look toward the future, we anticipate more need for more systems that support renewable smoothing and ancillary grid services.
  • "\nThis is not the first time that Atlas Renewable Energy has partnered with a major supplier or technology provider to enhance the quality and efficiency in its projects.

NRG Energy, Inc. Announces Quarterly Dividend

Retrieved on: 
Monday, April 19, 2021

b'NRG Energy, Inc. (NYSE:NRG) today announced that its Board of Directors declared a quarterly dividend on the Company\xe2\x80\x99s common stock of $0.325 per share, or $1.30 per share on an annualized basis.

Key Points: 
  • b'NRG Energy, Inc. (NYSE:NRG) today announced that its Board of Directors declared a quarterly dividend on the Company\xe2\x80\x99s common stock of $0.325 per share, or $1.30 per share on an annualized basis.
  • The dividend is payable on May 17, 2021 to stockholders of record as of May 3, 2021.\nAt NRG, we\xe2\x80\x99re bringing the power of energy to people and organizations by putting customers at the center of everything we do.
  • We generate electricity and provide energy solutions and natural gas to millions of customers through our diverse portfolio of retail brands.
  • Although NRG believes that its expectations are reasonable, it can give no assurance that these expectations will prove to have been correct, and actual results may vary materially.

ABB Issues Trading Update Following Better-Than-Anticipated Performance in Q1

Retrieved on: 
Thursday, April 15, 2021

Prior to that, the company will not provide additional information on its financial results for the period.\nThis is information that ABB is obliged to make public pursuant to the EU Market Abuse Regulation.

Key Points: 
  • Prior to that, the company will not provide additional information on its financial results for the period.\nThis is information that ABB is obliged to make public pursuant to the EU Market Abuse Regulation.
  • By connecting software to its electrification, robotics, automation and motion portfolio, ABB pushes the boundaries of technology to drive performance to new levels.
  • These statements are based on current expectations, estimates and projections about the factors that may affect our future performance, and are generally identifiable by statements containing words such as \xe2\x80\x9canticipates\xe2\x80\x9d, \xe2\x80\x9cguidance,\xe2\x80\x9d or similar expressions.
  • However, there are many risks and uncertainties, many of which are beyond our control, that could affect our ability to achieve any or all of our stated targets.

EVgo Expands Innovation Platform with Opening of New Lab in Southern California

Retrieved on: 
Thursday, April 15, 2021

b'LOS ANGELES, April 15, 2021 /PRNewswire/ -- EVgo , the nation\'s largest public fast charging network for electric vehicles (EVs) and only platform powered by 100% renewable electricity, today announced it has opened a new EVgo Lab in El Segundo, California.

Key Points: 
  • b'LOS ANGELES, April 15, 2021 /PRNewswire/ -- EVgo , the nation\'s largest public fast charging network for electric vehicles (EVs) and only platform powered by 100% renewable electricity, today announced it has opened a new EVgo Lab in El Segundo, California.
  • "\nThe critical research, development and testing completed at the EVgo Lab ensures the reliable operation of the Company\'s fast charging network and enables partners to bring EVs and their charging solutions to market with confidence.
  • With more than 800 fast charging locations in 65 metropolitan areas across 34 states, EVgo owns and operates the most public fast charging locations in the US.
  • On January 22, 2021, EVgo announced that it entered into a definitive business combination agreement with Climate Change Crisis Real Impact I Acquisition Corporation ("CRIS") (NYSE: CLII).

EVgo Continues Growth Momentum with 10 New EV Fast Charging Stations Installed in 10 Days

Retrieved on: 
Thursday, April 8, 2021

Including these latest installations, EVgo currently boasts more than 800 fast charging locations in 65 metro areas across 34 states, each powered by 100% renewable electricity.

Key Points: 
  • Including these latest installations, EVgo currently boasts more than 800 fast charging locations in 65 metro areas across 34 states, each powered by 100% renewable electricity.
  • "EVgo has been deploying and operating fast charging for a decade, and as automakers bring another 40 EV models to market over the next three years, we are expanding to make charging convenient for everyone," said Cathy Zoi, CEO of EVgo.
  • EVgo is the nation's largest public fast charging network for electric vehicles, and the first to be powered by 100% renewable energy.
  • With more than 800 fast charging locations in 65 metropolitan areas across 34 states, EVgo owns and operates the most public fast charging locations in the US.

European Electric Scooters and Motorcycles Market Revenue Worth $758.5 Million by 2025, says P&S Intelligence

Retrieved on: 
Tuesday, April 6, 2021

Moreover, the European electric scooters and motorcycles market is being driven by the government initiatives to encourage people to switch to green mobility.

Key Points: 
  • Moreover, the European electric scooters and motorcycles market is being driven by the government initiatives to encourage people to switch to green mobility.
  • For instance, the government of Italy has set aside $11.34 million (EUR 10 million) to offer subsidies on the purchase of electric scooters.
  • France has been contributing the highest revenue to the European electric scooters and motorcycles market for some time now.
  • North America Electric Scooters and Motorcycles Market - The North American electric scooters and motorcycles market valued $164.7 million in 2020, and it is expected to reach $590.4 million by 2025
    P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world.

European Electric Scooters and Motorcycles Market Revenue Worth $758.5 Million by 2025, says P&S Intelligence

Retrieved on: 
Tuesday, April 6, 2021

Moreover, the European electric scooters and motorcycles market is being driven by the government initiatives to encourage people to switch to green mobility.

Key Points: 
  • Moreover, the European electric scooters and motorcycles market is being driven by the government initiatives to encourage people to switch to green mobility.
  • For instance, the government of Italy has set aside $11.34 million (EUR 10 million) to offer subsidies on the purchase of electric scooters.
  • France has been contributing the highest revenue to the European electric scooters and motorcycles market for some time now.
  • North America Electric Scooters and Motorcycles Market - The North American electric scooters and motorcycles market valued $164.7 million in 2020, and it is expected to reach $590.4 million by 2025
    P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world.

Global Manufacturing Execution Systems Market to Grow by $ 10.39 Billion During 2020-2024 | Featuring ABB Ltd., Dassault Systemes SE, and Emerson Electric Co. among others | Technavio

Retrieved on: 
Wednesday, March 31, 2021

Technavio estimates the global manufacturing execution systems market to grow by USD 10.39 billion, progressing at a CAGR of over 13% during the forecast period.

Key Points: 
  • Technavio estimates the global manufacturing execution systems market to grow by USD 10.39 billion, progressing at a CAGR of over 13% during the forecast period.
  • The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
  • In addition, the emergence of cloud-based MES will positively influence the growth of the manufacturing execution systems market.
  • Major Four Manufacturing Execution Systems Market Vendors:
    ABB Ltd.:The company provides systems for control, plant optimization, and industry-specific automation applications.

Sony Electronics' "Visual Story™" App Features New Updates to Empower Event Photographers

Retrieved on: 
Tuesday, March 30, 2021

Visual Story Version 1.1's new Live Gallery feature allows professional event photographers to meet the growing demand for remote participation during the actual event.

Key Points: 
  • Visual Story Version 1.1's new Live Gallery feature allows professional event photographers to meet the growing demand for remote participation during the actual event.
  • This enables the photographer's clients to share photo galleries with their friends, family and colleagues, to then view photos of their event, such as a wedding, corporate, school or sporting event, in real time to create a more immersive experience.
  • Headquartered in San Diego, California, Sony Electronics is a leader in electronics for the consumer and professional markets.
  • Sony Electronics creates products that innovate and inspire generations, such as the award-winning Alpha Interchangeable Lens Cameras and revolutionary high-resolution audio products.