Grid

Press release - European Parliament Press Kit for the Special European Council of 17 and 18 April 2024

Retrieved on: 
Thursday, April 18, 2024
Gas, Hamas, Face, ACI, Committee, Special, Seal, S&D, Parliament, Council, Investment, Honey, European Commission, EP, Data Act, Artificial intelligence, Policy, Legislation, Wildfire, Research, War, Delegation, Communication, Speech, Democracy, CFD, Aggression, Poultry, Partnership, Risk, Outline, City, MFF, Brexit, Safety, GAEC, GUE/NGL, SMEI, Pilar del Castillo, Waste, SME, STEP, Weather, Person, Emergency, Electricity, Annual report, Climate change, International trade, Acceleration, Intelligence, Act, Internet, Coercion, AI, Crime, Private sector, Commission, Common Agricultural Policy, Nuclear energy, Security, Single market, Grid, Violence, Mining, Civil service commission, Punishment, EUR, Cyber, Farmer, European Council, Artificial Intelligence Act, EPP, Recycling, European Parliament, COVID-19, Common, CAP, Flood, Hydrogen, EBS, European Defence Fund, Collection, International law, Defense, Government

In this press kit, you will find a selection of the European Parliament’s press releases reflecting MEPs’ priorities for topics on the summit agenda. Source : © European Union, 2024 - EP

Key Points: 


In this press kit, you will find a selection of the European Parliament’s press releases reflecting MEPs’ priorities for topics on the summit agenda. Source : © European Union, 2024 - EP

EQS-News: VERBUND AG: 2023 annual results: VERBUND posts encouraging business performance in 2023

Retrieved on: 
Wednesday, April 10, 2024
Electricity, Annual, AG, Environment, Grid, Research, Economic development, Wind, Kilowatt-hour, Optimism, Power, Renewable energy

In addition, rising inflation combined with repeated interest rate hikes and a slowdown in economic growth weighed on performance in the sector and VERBUND’s own performance.

Key Points: 
  • In addition, rising inflation combined with repeated interest rate hikes and a slowdown in economic growth weighed on performance in the sector and VERBUND’s own performance.
  • Generation from the annual storage power plants was up 9.6% year-on-year in 2023.
  • A dividend of €4.15 per share for financial year 2023 will be proposed to the Annual General Meeting on 30 April 2024.
  • The one-off special dividend will allow shareholders to participate in the Group’s extraordinarily positive business performance for financial year 2023 by means of a higher payout.

Navitas Delivers Grid-Connected Energy with 3.3 kV SiC and Bi-directional GaN ICs at PE International 2024

Retrieved on: 
Wednesday, March 27, 2024
T&D, Electricity, ICS, Silicon carbide, EVP, Gallium nitride, Grid, Navitas, Electronics, Senior, Renewable energy

Grid reliability is a key factor in a $1.3 trillion power semiconductor opportunity as Navitas’ technologies accelerate the transition from fossil fuels to renewable energies.

Key Points: 
  • Grid reliability is a key factor in a $1.3 trillion power semiconductor opportunity as Navitas’ technologies accelerate the transition from fossil fuels to renewable energies.
  • Navitas will introduce the latest GaNFast™ and GeneSiC™ products to the European audience, including new Gen-3 Fast SiC for high-power and higher-speed performance, plus GaNSafe™ - the world’s most protected GaN power devices.
  • Navitas will present the following on April 17th:
    "3.3 kV SiC MOSFETs Accelerate Grid-Connected Energy Storage," Dr. Ranbir Singh, EVP GeneSiC
    Synopsis: The grid supplies energy from generators and delivers it to customers via transmission and distribution (T&D) networks.
  • SiC inverters will revolutionize electricity delivery, renewable energy integration, and energy storage.

Grid Dynamics Recognized as a Leader in Everest Group's Inaugural Google Cloud Services Specialists PEAK Matrix® Assessment 2024

Retrieved on: 
Monday, April 8, 2024
Professional Services, Data Analytics, Technology, Software, Consulting, Artificial Intelligence, Internet, Cloud, Culture, Partnership, Grid, AI, CPG, Price, IP, Fortune 1000, Multimedia, Gen

View the full release here: https://www.businesswire.com/news/home/20240408099782/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240408099782/en/
    Grid Dynamics Recognized as a Leader in Everest Group's Inaugural Google Cloud Services Specialists PEAK Matrix® Assessment 2024 (Graphic: Business Wire)
    “As Google Cloud continues to strengthen its foothold in the enterprise cloud domain by enriching its infrastructure, platform, data, security, and AI/ML offerings, enterprises are increasingly seeking specialized providers.
  • Being recognized as a Leader in the Everest Group's Google Cloud Services Specialists PEAK Matrix® Assessment 2024 underscores our unwavering commitment to expertise and innovation.
  • These factors have contributed to its positioning as a Leader on Everest Group’s Google Cloud Services Specialists PEAK Matrix® Assessment 2024,” said Zachariah Chirayil, Practice Director, Everest Group.
  • Grid Dynamics is also a Google Cloud Retail Search Partner, a Google Cloud Generative AI Launch Partner, and a Google Cloud Vertex AI Partner.

Hitachi and Penske launch large-scale electric truck charging pilot

Retrieved on: 
Tuesday, March 19, 2024
Penske Truck Leasing, EV, EVS, Grid, Transport, Senior, Investment, IndyCar, Renewable energy

(Hitachi), Hitachi Energy , and Penske Truck Leasing today announced the launch of a large-scale, centralized electric truck charging solution.

Key Points: 
  • (Hitachi), Hitachi Energy , and Penske Truck Leasing today announced the launch of a large-scale, centralized electric truck charging solution.
  • For this pilot initiative, Hitachi Energy has supplied Penske with its state-of-the-art Grid-eMotion® Fleet EV charging system.
  • The integrated direct current (DC) fast charging solution is designed to scale up and deliver multi-megawatt level charging capabilities, tailored to meet the demanding requirements of truck fleets of varying sizes.
  • Additionally, Hitachi and Penske are exploring AI-based smart charging solutions to optimize vehicle charging processes.

Saint-Gobain Announces Intent to Acquire The Bailey Group of Companies, Leaders in Metal Building Solutions in Canada

Retrieved on: 
Wednesday, April 3, 2024
Manufacturing, Other Manufacturing, Other Construction & Property, Commercial Building & Real Estate, Construction & Property, Electricity, GCP, Culture, Growth, Grid, Saint-Gobain, Builders hardware, Light, Acquisition, Family, Heart, CertainTeed, Hydro-Québec, Multimedia, Float glass

Saint-Gobain, through its building materials subsidiary CertainTeed Canada, today announced its intent to acquire The Bailey Group of Companies (Bailey), a leading Canadian manufacturer of commercial metal framing and building systems.

Key Points: 
  • Saint-Gobain, through its building materials subsidiary CertainTeed Canada, today announced its intent to acquire The Bailey Group of Companies (Bailey), a leading Canadian manufacturer of commercial metal framing and building systems.
  • In addition, when approved, the acquisition will include all divisions of The Bailey Group — Bailey Metal Products, Bailey Metal Processing, and Agway Metals.
  • “Working together, we will enhance the experience for our customers throughout Canada, who will benefit from our combined expertise and portfolio of complete building systems and solutions.
  • We pride ourselves in the culture that has been built over the past 74 years,” said Stuart Hunt, President of Bailey Metal Processing.

National Grid Announces the Upstate Upgrade; Multi-year Initiative Will Improve Grid Resilience, Deliver Significant Benefits for Customers, Local Economies

Retrieved on: 
Wednesday, March 20, 2024
Electricity, Customer, Congestion, Tax, CLCPA, Face, Growth, Upstate New York, Partnership, School, National Grid, Economic development, Business development, Quality of life, Wind, Buffalo Niagara, Grid, Commerce, Economy, Investment, Conservation, Copper, Tourism, Energy, Tornado, Workforce, GlobalFoundries, Community, Weather, Collection, Capital region, Chamber, Renewable energy

SYRACUSE, N.Y., March 20, 2024 /PRNewswire/ -- National Grid plans to invest more than $4 billion to transform its energy delivery system and propel economic growth across Upstate New York. Called the Upstate Upgrade, the collection of transmission enhancement projects will deliver a smarter, stronger, cleaner energy grid to support a more resilient energy network for generations to come. The company is embarking on more than 70 projects through 2030 that will generate thousands of new jobs and more than a billion dollars in additional economic growth, while ensuring the energy grid is able to meet customers' growing demand for electricity. 

Key Points: 
  • The analysis also forecasts the Upstate Upgrade will create up to 2% economic growth in the project areas through 2030.
  • The full scope of the Upstate Upgrade, including projects and benefits, can be found at our dedicated website: UpstateUpgrade.NationalGrid.com .
  • The Upstate Upgrade website includes more perspectives from local leaders , as well as ways National Grid supports our communities.
  • National Grid is the largest energy delivery company in Upstate New York, serving electricity to 1.7 million electricity customers across 25,000 square miles.

ANTERIX JOINS CONSORTIUM OF NATIONAL LABORATORIES AND LEADING SOLUTION PROVIDERS IN SUPPORT OF GRID MODERNIZATION EFFORT

Retrieved on: 
Thursday, March 14, 2024
Connectivity, Communication, Ecosystem, Oak Ridge National Laboratory, EPRI, National Renewable Energy Laboratory, EVS, Grid, Pacific Northwest National Laboratory, ATEX, GMI, Energy, Avista, ABB, Electric power distribution, Assessment, PNNL, DOE, Renewable energy

WOODLAND PARK, N.J., March 14, 2024 /PRNewswire/ -- Anterix (NASDAQ: ATEX) today announced its participation in a broad alliance among energy industry leaders that are supporting the U.S. Department of Energy's (DOE's) national laboratories' efforts to help modernize the energy grid.

Key Points: 
  • Anterix is joining Idaho National Laboratories, the National Renewable Energy Laboratory, Oak Ridge National Laboratory, the Pacific Northwest National Laboratory (PNNL), ABB, Amazon, Avista Utilities, EPRI, the National Rural Electric Cooperative Association, Nokia, and Survalent to support the Assessment of Communication Architectures for Energy Systems (ACAES).
  • ACAES is one of nine projects, led by national laboratories and public- and private-sector entities, that are components of the DOE's 2023 Grid Modernization Initiative (GMI) , announced in September 2023.
  • "Today's announcement demonstrates Anterix's deep commitment to—and our expertise in—helping our utility customers keep the grid secure," commented Rob Schwartz, President & CEO of Anterix.
  • "High-speed, high-capacity, secure grid communications are more vital than ever as threats to the energy grid increase.

Progress Recognized by Gartner® in the 2024 Magic Quadrant™ for Digital Experience Platforms for Third Consecutive Year

Retrieved on: 
Monday, March 11, 2024
Ability, Acquisition, DX, EVP, PRGS, API, GM, Grid, Progress, Gartner, DXP, Online shopping

Progress was one of 14 vendors evaluated in the report, which analyzed the company’s overall “Completeness of Vision and Ability to Execute” on its digital experience platform (DXP).

Key Points: 
  • Progress was one of 14 vendors evaluated in the report, which analyzed the company’s overall “Completeness of Vision and Ability to Execute” on its digital experience platform (DXP).
  • Progress’ Digital Experience (DX) portfolio gives organizations the power to rapidly build and deliver expansive digital experiences, across websites, portals and applications of all types, to help drive customer acquisition, retention and competitive success.
  • Most recently, it was named as a Leader in G2’s Winter 2024 Grid Report® for Digital Experience Platforms (DXP).
  • Progress was also recognized as a 2023 Gartner Peer Insights Customers’ Choice for DXP2, based on ratings from end-users.

Hitachi Energy to appoint Andreas Schierenbeck as new Chief Executive Officer, Claudio Facchin to step down on June 30, 2024

Retrieved on: 
Thursday, March 7, 2024
Senior, Siemens Building Technologies, Grid, Harvard University, ABB, Growth, Pleasure, Digital technology, ThyssenKrupp, Representative, TU Dresden, Electricity, Motivation, Electric power

Zurich, March 07, 2024 (GLOBE NEWSWIRE) -- Hitachi Energy today announced that Andreas Schierenbeck will be appointed as the new Chief Executive Officer, effective July 1, 2024.

Key Points: 
  • Zurich, March 07, 2024 (GLOBE NEWSWIRE) -- Hitachi Energy today announced that Andreas Schierenbeck will be appointed as the new Chief Executive Officer, effective July 1, 2024.
  • Claudio Facchin, Hitachi Energy CEO, will step down at the end of June 2024.
  • Andreas will engage with the Hitachi Energy Board, Executive Team and Claudio to ensure a smooth transition prior to the handover on July 1, 2024.
  • "It's been an honor and a privilege to lead the transition to Hitachi Energy, working alongside the Executive Team and the entire Hitachi Energy organization across the globe", said Claudio Facchin, CEO of Hitachi Energy.