Electric power industry

Two Hitachi Group Companies to Merge to Expand Robotic SI Business in Japan and ASEAN Countries

Retrieved on: 
Monday, January 30, 2023

At the same time, Hitachi will unite its domestic robotic SI business resources, including the companies' customer bases, expertise and human capital, to enhance sales and development functions and to increase the business efficiency.

Key Points: 
  • At the same time, Hitachi will unite its domestic robotic SI business resources, including the companies' customer bases, expertise and human capital, to enhance sales and development functions and to increase the business efficiency.
  • Hitachi will also strengthen the collaboration with JR Automation, which operates its robotic SI business mainly in North America and Europe, and Hitachi Automation to expand its ability to provide full turnkey solutions.
  • (11) Subsequently, KEC and the robotic SI business of Hitachi Industrial Equipment Systems were reorganized and integrated, becoming Hitachi Automation in April 2022.
  • Now, Hitachi has decided to merge Hitachi Automation with Kyoto Robotics to increase the competitiveness of the robotic SI business in Japan and ASEAN countries.

CenterPoint Energy, Inc. to Host Webcast of Fourth Quarter 2022 Earnings Conference Call

Retrieved on: 
Friday, January 13, 2023

Time:  7:00 a.m. Central time or 8:00 a.m. Eastern time

Key Points: 
  • Time:  7:00 a.m. Central time or 8:00 a.m. Eastern time
    Click "Investors", and click the link "CenterPoint Energy, Inc. Fourth Quarter 2022 Earnings Conference Call"
    As the only investor-owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) ) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas.
  • As of September 30 2022, the company owned approximately $35 billion in assets.
  • With approximately 8,900 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years.
  • For more information, visit CenterPointEnergy.com .

Apollo Tactical Income Fund Inc. Declares January 2023 Monthly Distribution of $0.122 Per Share

Retrieved on: 
Wednesday, January 11, 2023

NEW YORK, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Apollo Tactical Income Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of January 2023 of $0.122 per common share, payable on the date noted below.

Key Points: 

NEW YORK, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Apollo Tactical Income Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of January 2023 of $0.122 per common share, payable on the date noted below.
The following dates apply to the declared distribution:

Apollo Senior Floating Rate Fund Inc. Declares January 2023 Monthly Distribution of $0.108 Per Share

Retrieved on: 
Wednesday, January 11, 2023

NEW YORK, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of January 2023 of $0.108 per common share, payable on the date noted below.

Key Points: 
  • NEW YORK, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of January 2023 of $0.108 per common share, payable on the date noted below.
  • The following dates apply to the declared distribution:

Hitachi Energy awarded major orders to integrate two large offshore wind farms with Poland’s power grid

Retrieved on: 
Monday, January 9, 2023

Hitachi Energy will provide each of the two wind farms with an offshore grid connection that will receive the power from the wind turbines and transfer it to shore, a mainland grid connection that will transmit the power into the national transmission system, and a STATCOM power quality solution to ensure that power flows reliably and stably at optimal capacity and at all times, despite the often high variability of wind power.

Key Points: 
  • Hitachi Energy will provide each of the two wind farms with an offshore grid connection that will receive the power from the wind turbines and transfer it to shore, a mainland grid connection that will transmit the power into the national transmission system, and a STATCOM power quality solution to ensure that power flows reliably and stably at optimal capacity and at all times, despite the often high variability of wind power.
  • MFW Baltyk II and MFW Baltyk III are pending a final investment decision in 2024, and are scheduled to deliver first power in 2027.
  • The government aims to have around 11 gigawatts of offshore wind capacity either operational or under development by 20271.
  • The announcement follows a recent global agreement between Hitachi Energy and Equinor to collaborate on high-voltage transmission systems (AC and DC) to connect Equinor offshore wind farms and production facilities to mainland power grids worldwide.

Global Aluminum & Film Capacitor Market, Analysis, Trends and Forecast Report 2021-2022 & 2027 - ResearchAndMarkets.com

Retrieved on: 
Monday, January 9, 2023

The "Global Aluminum & Film Capacitor Market: Analysis By Type, By Voltage, By Application, By End-Users, By Region Size and Trends with Impact of COVID-19 and Forecast up to 2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Aluminum & Film Capacitor Market: Analysis By Type, By Voltage, By Application, By End-Users, By Region Size and Trends with Impact of COVID-19 and Forecast up to 2027" report has been added to ResearchAndMarkets.com's offering.
  • Aluminum electrolytic capacitor are polarized electrolytic capacitors whose anode electrode (+) is made of a pure aluminum foil with an etched surface.
  • Aluminum Electrolytic Capacitor Market Segmentation Analysis:
    By Type: The report provides the bifurcation of the aluminum electrolytic capacitor market into two chief segments based on the type: Non-Solid and Solid.
  • The global aluminum & film capacitor market is highly fragmented, with a large number of small- and medium-sized manufacturers operating in the market.

Con Edison to Attend Evercore ISI Utility CEO Summit One-On-One Conference on January 12 - 13, 2023

Retrieved on: 
Tuesday, January 10, 2023

NEW YORK, Jan. 10, 2023 /PRNewswire/ -- Consolidated Edison's Chairman of the Board & CEO Tim Cawley, CFO Robert Hoglund, and Investor Relations will be attending the Evercore ISI Utility CEO Summit One-On-One Conference on January 12-13, 2023 in Florida, where they plan to meet with investors.

Key Points: 
  • NEW YORK, Jan. 10, 2023 /PRNewswire/ -- Consolidated Edison's Chairman of the Board & CEO Tim Cawley, CFO Robert Hoglund, and Investor Relations will be attending the Evercore ISI Utility CEO Summit One-On-One Conference on January 12-13, 2023 in Florida, where they plan to meet with investors.
  • A copy of the investor material for this conference can be found here: Presentations & Webcasts | Consolidated Edison, Inc. (conedison.com) .
  • Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $14 billion in annual revenues and $66 billion in assets.
  • Con Edison Transmission manages, through joint ventures, both electric and gas assets while seeking to develop electric transmission projects that will bring clean, renewable electricity to customers, focusing on New York, New England, the Mid-Atlantic states and the Midwest.

Micross Acquires High-Reliability DC-DC Converter Business of Infineon Technologies AG

Retrieved on: 
Tuesday, January 10, 2023

MELVILLE, N.Y., Jan. 10, 2023 /PRNewswire/ -- Micross Components, Inc. ("Micross" or the "Company"), a leading provider of high-reliability microelectronic product and service solutions for aerospace, defense, space, medical and industrial applications and a portfolio company of Behrman Capital, today announced signing a definitive agreement to purchase the High-Reliability DC-DC converter business (the "Business") of Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY), a global semiconductor leader in power systems and IoT. The deal is expected to close in the first quarter of calendar year 2023.

Key Points: 
  • The addition of Infineon's High-Reliability DC-DC converter business expands Micross' power management solution offerings which are supported by a high degree of intellectual property.
  • Adding Infineon's DC-DC converter Business to Micross' platform further differentiates and adds significant IP to the Company's leading position as a one-stop source of supply for high-reliability electronic products and services.
  • We look forward to continuing to work with management to identify additional opportunities to drive growth at Micross."
  • Vince Buffa, Chairman and CEO of Micross, said, "We are delighted to partner with this experienced team which further expands the Micross team's design capabilities.

Micross Acquires High-Reliability DC-DC Converter Business of Infineon Technologies AG

Retrieved on: 
Tuesday, January 10, 2023

MELVILLE, N.Y., Jan. 10, 2023 /PRNewswire/ -- Micross Components, Inc. ("Micross" or the "Company"), a leading provider of high-reliability microelectronic product and service solutions for aerospace, defense, space, medical and industrial applications and a portfolio company of Behrman Capital, today announced signing a definitive agreement to purchase the High-Reliability DC-DC converter business (the "Business") of Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY), a global semiconductor leader in power systems and IoT. The deal is expected to close in the first quarter of calendar year 2023.

Key Points: 
  • The addition of Infineon's High-Reliability DC-DC converter business expands Micross' power management solution offerings which are supported by a high degree of intellectual property.
  • Vince Buffa, Chairman and CEO of Micross, said, "We are delighted to partner with this experienced team which further expands the Micross team's design capabilities.
  • Adding Infineon's DC-DC converter Business to Micross' platform further differentiates and adds significant IP to the Company's leading position as a one-stop source of supply for high-reliability electronic products and services.
  • We look forward to continuing to work with management to identify additional opportunities to drive growth at Micross."

Hitachi Energy and Linxon support National Grid in achieving sustainability targets through pioneering 420 kV SF6-free gas- insulated switchgear technology

Retrieved on: 
Thursday, December 22, 2022

To support National Grid in accelerating its net zero targets, Hitachi Energy will deliver EconiQ 420-kilovolt (kV) gas-insulated switchgear (GIS) and gas-insulated lines (GIL) containing no sulfur hexafluoride (SF6).

Key Points: 
  • To support National Grid in accelerating its net zero targets, Hitachi Energy will deliver EconiQ 420-kilovolt (kV) gas-insulated switchgear (GIS) and gas-insulated lines (GIL) containing no sulfur hexafluoride (SF6).
  • To support National Grid in its transition to SF6-free solutions, Hitachi Energy will deliver 7 bays of its EconiQ 420 kV GIS to enable the transmission of electricity over long distances while eliminating SF6, in addition to EconiQ 420 kV GIL.
  • Thanks to strong collaboration with Hitachi Energy, Linxon is able to provide the pioneering EconiQ SF6- free solution from Hitachi Energy for the Bengeworth substation, supporting our client to meet their sustainability targets," said Stefan Reisacher, CEO of Linxon.
  • Hitachi Energy has placed sustainability at the heart of its Purpose and is advancing a sustainable energy future for all.