Substation

LinkGuard™ CyberCloak™ Capabilities Successfully Defend Against External Threats in DOE/NREL Testing for the Energy Sector

Retrieved on: 
Tuesday, September 12, 2023

Blue Ridge Networks gained professional evaluation experience in a realistic environment against some of the most urgent cybersecurity challenges facing the modern energy grid.

Key Points: 
  • Blue Ridge Networks gained professional evaluation experience in a realistic environment against some of the most urgent cybersecurity challenges facing the modern energy grid.
  • Blue Ridge Networks was one of only three companies selected from numerous applicants for this rigorous months-long evaluation.
  • CECA is sponsored by DOE's Office of Cybersecurity, Energy Security, and Emergency Response in collaboration with the Office of Energy Efficiency and Renewable Energy and utility partners.
  • LinkGuard CyberCloak capabilities successfully defend against outside agent attacks and can be an essential component of a cybersecurity network segmentation strategy.

David R. Perez Promoted to ComEd Chief Operating Officer

Retrieved on: 
Wednesday, September 6, 2023

ComEd today announced that David R. Perez will assume the role of Executive Vice President and Chief Operating Officer of ComEd, effective January 1, 2024.

Key Points: 
  • ComEd today announced that David R. Perez will assume the role of Executive Vice President and Chief Operating Officer of ComEd, effective January 1, 2024.
  • Perez will succeed Terence Donnelly , who will be retiring at the end of the year after a successful career at ComEd and its sister company, PECO.
  • As COO, Perez, a 28-year veteran of ComEd, will be responsible for running ComEd’s day-to-day operations and driving execution to ensure best-in-class utility service.
  • In the role he held immediately prior, Perez served as Vice President of ComEd’s Transmission and Substation organization.

Top 21 Smart Grid Companies, Worldwide 2023: MarketsandMarkets 360 Quadrant Revealed

Retrieved on: 
Tuesday, September 5, 2023

CHICAGO, Sept. 5, 2023 /PRNewswire/ -- MarketsandMarkets has released 360 Quadrant for Top 21 Smart Grid Companies , Worldwide 2023 to help businesses make quicker and more informed decisions.

Key Points: 
  • CHICAGO, Sept. 5, 2023 /PRNewswire/ -- MarketsandMarkets has released 360 Quadrant for Top 21 Smart Grid Companies , Worldwide 2023 to help businesses make quicker and more informed decisions.
  • However, the initial phase of the smart grid is capital-intensive and is one of the major factors that might hinder the growth of the smart grid market.
  • Siemens Smart Grid offerings encompass a comprehensive suite of solutions and services that leverage advanced technologies to enhance grid efficiency, reliability, and sustainability.
  • The company's smart grid portfolio consists of smart grid software and services.

Top 21 Smart Grid Companies, Worldwide 2023: MarketsandMarkets 360 Quadrant Revealed

Retrieved on: 
Tuesday, September 5, 2023

CHICAGO, Sept. 5, 2023 /PRNewswire/ -- MarketsandMarkets has released 360 Quadrant for Top 21 Smart Grid Companies , Worldwide 2023 to help businesses make quicker and more informed decisions.

Key Points: 
  • CHICAGO, Sept. 5, 2023 /PRNewswire/ -- MarketsandMarkets has released 360 Quadrant for Top 21 Smart Grid Companies , Worldwide 2023 to help businesses make quicker and more informed decisions.
  • However, the initial phase of the smart grid is capital-intensive and is one of the major factors that might hinder the growth of the smart grid market.
  • Siemens Smart Grid offerings encompass a comprehensive suite of solutions and services that leverage advanced technologies to enhance grid efficiency, reliability, and sustainability.
  • The company's smart grid portfolio consists of smart grid software and services.

Westbridge Renewable Receives Approval from the Alberta Utilities Commission For Sunnynook Solar PV And Battery Energy Storage Project

Retrieved on: 
Tuesday, June 6, 2023

TORONTO, June 6, 2023 /PRNewswire/ - Westbridge Renewable Energy Corporation (TSXV: WEB) (OTCQX: WEGYF) (FRA: PUQ) ("Westbridge", "Westbridge Renewable" or the "Company") is pleased to announce that its majority owned subsidiary, Sunnynook Solar Energy Inc. ("Sunnynook"), has obtained Power Plant and Battery Energy Storage System ("BESS") Approval (Decision 27971-D02-2023) and a Substation Permit and License for the Rose Lynn 1072S Substation (the "Substation") (Decision 27971-D03-2023) from the Alberta Utilities Commission (the "AUC") for its project, Sunnynook Solar + Energy Storage (the "Sunnynook Project" or the "Project").

Key Points: 
  • TORONTO, June 6, 2023 /PRNewswire/ - Westbridge Renewable Energy Corporation (TSXV: WEB) (OTCQX: WEGYF) (FRA: PUQ) ("Westbridge", "Westbridge Renewable" or the "Company") is pleased to announce that its majority owned subsidiary, Sunnynook Solar Energy Inc. ("Sunnynook"), has obtained Power Plant and Battery Energy Storage System ("BESS") Approval (Decision 27971-D02-2023) and a Substation Permit and License for the Rose Lynn 1072S Substation (the "Substation") (Decision 27971-D03-2023) from the Alberta Utilities Commission (the "AUC") for its project, Sunnynook Solar + Energy Storage (the "Sunnynook Project" or the "Project").
  • The Sunnynook Project is the second of five Alberta projects of Westbridge to receive power plant and BESS approval from the AUC.
  • The approvals allow Sunnynook to construct and operate the Project, located in Special Area No.
  • Approval is granted subject to provisions by the Hydro and Electric Energy Act and the Alberta Utilities Commission Act.

Capacitor Bank Market to Reach $6.0 Billion, Globally, by 2031 at 4.3% CAGR: Allied Market Research

Retrieved on: 
Tuesday, January 17, 2023

PORTLAND, Ore., Jan. 17, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Capacitor Bank Market by Voltage (Low [69Kv]), Type (Externally Fused, Internally Fused, And Fuseless), Installation (Pole Mounted, Open Air Substation, Metal Enclosed Substation, and Other), Connection Type (Star Connection and Delta Connection), Application (Power Factor Correction, Industrial, Harmonic Filter, And Others), And Region (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2022-2031" According to the report, the global capacitor bank industry generated $3.9 billion in 2021, and is estimated to reach $6.0 billion by 2031, witnessing a CAGR of 4.3% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios.

Key Points: 
  • Surge in demand for capacitor banks, for power factor correction, from the industrial sector drives the growth of the global capacitor bank market.
  • Surge in demand for capacitor banks, for power factor correction, from the industrial sector drives the growth of the global capacitor bank market.
  • By type, the internally fused segment held the major share in 2021, garnering around half of the global capacitor bank market revenue.
  • By connection type, the delta segment accounted for nearly two-thirds of the global capacitor bank market share in 2021, and is expected to rule the roost by 2031.

Capacitor Bank Market to Reach $6.0 Billion, Globally, by 2031 at 4.3% CAGR: Allied Market Research

Retrieved on: 
Tuesday, January 17, 2023

PORTLAND, Ore., Jan. 17, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Capacitor Bank Market by Voltage (Low [69Kv]), Type (Externally Fused, Internally Fused, And Fuseless), Installation (Pole Mounted, Open Air Substation, Metal Enclosed Substation, and Other), Connection Type (Star Connection and Delta Connection), Application (Power Factor Correction, Industrial, Harmonic Filter, And Others), And Region (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2022-2031" According to the report, the global capacitor bank industry generated $3.9 billion in 2021, and is estimated to reach $6.0 billion by 2031, witnessing a CAGR of 4.3% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios.

Key Points: 
  • Surge in demand for capacitor banks, for power factor correction, from the industrial sector drives the growth of the global capacitor bank market.
  • Surge in demand for capacitor banks, for power factor correction, from the industrial sector drives the growth of the global capacitor bank market.
  • By type, the internally fused segment held the major share in 2021, garnering around half of the global capacitor bank market revenue.
  • By connection type, the delta segment accounted for nearly two-thirds of the global capacitor bank market share in 2021, and is expected to rule the roost by 2031.

Procore Opens New Asia-Pacific Headquarters in Historic Sydney Building Following Sustained Local Growth

Retrieved on: 
Thursday, May 5, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220504005369/en/
    Procore opens its new Asia-Pacific headquarters in Sydney.
  • (Photo: Business Wire)
    Five years since opening its first office in Australia, the investment in a new, larger space demonstrates Procore's ongoing commitment to Sydney as its regional headquarters.
  • The companys rapidly expanding local team continues to grow in response to sustained customer growth across APAC in 2021.
  • To scale the business and meet the continued demand of the local construction industry, Procore has plans to create over 100 new jobs in ANZ.

Valmont Announces Segment Realignment

Retrieved on: 
Wednesday, April 6, 2022

Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure development and irrigation equipment and services for agriculture, today announced a new segment reporting structure that reflects realignment of internal management and reporting.

Key Points: 
  • Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure development and irrigation equipment and services for agriculture, today announced a new segment reporting structure that reflects realignment of internal management and reporting.
  • "With this new alignment that reflects how I manage the business, Valmont remains committed to our tagline: Conserving Resources.
  • I believe this will enable us to maximize profitability for the larger segment as we execute our strategies more efficiently across multiple product lines.
  • In parallel with the segment realignment, we are centralizing operations of our manufacturing footprint on a global basis across both segments to focus on improving productivity, increasing output, and driving efficient capital allocation.

IMPRESSIVE GROWTH AND NEW LEADERSHIP FOR WESTWOOD'S SUBSTATION SERVICE GROUP

Retrieved on: 
Thursday, April 7, 2022

The most recent service group making waves is its substation engineering team due to its expanded leadership, team, and awarded projects.

Key Points: 
  • The most recent service group making waves is its substation engineering team due to its expanded leadership, team, and awarded projects.
  • Westwood's Substation service group is now led by Pete Baxter, PE from Westwood's Raleigh, North Carolina office.
  • Baxter has worked for small and large consulting firms, public power utilities, and an EPC substation group.
  • Baxter joined Westwood in May 2020 as one of the original members of the Substation service group .