ZESCO

Masdar Advances 10GW Africa Growth Plan to Unlock Energy Transition in Six Sub-Saharan Nations

Retrieved on: 
Thursday, December 7, 2023

DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- Abu Dhabi Future Energy Company PJSC – Masdar advances 10GW growth plan across six Sub-Saharan nations, marking accelerated expansion for the UAE's clean energy leader, in support of the clean energy transition across the continent.

Key Points: 
  • DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- Abu Dhabi Future Energy Company PJSC – Masdar advances 10GW growth plan across six Sub-Saharan nations, marking accelerated expansion for the UAE's clean energy leader, in support of the clean energy transition across the continent.
  • These agreements support the development of clean energy portfolios across several markets in Africa, helping to unlock that potential and deliver improved levels of energy security to its population.
  • Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said: "Masdar's growth plans will help unlock Africa's clean energy potential and further advance its energy transition.
  • Masdar's commitment aims to mobilize a total of US$10 billion in investments to deliver 10GW of clean energy capacity in Africa by 2030.

Masdar Advances 10GW Africa Growth Plan to Unlock Energy Transition in Six Sub-Saharan Nations

Retrieved on: 
Thursday, December 7, 2023

DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- Abu Dhabi Future Energy Company PJSC – Masdar advances 10GW growth plan across six Sub-Saharan nations, marking accelerated expansion for the UAE's clean energy leader, in support of the clean energy transition across the continent.

Key Points: 
  • DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- Abu Dhabi Future Energy Company PJSC – Masdar advances 10GW growth plan across six Sub-Saharan nations, marking accelerated expansion for the UAE's clean energy leader, in support of the clean energy transition across the continent.
  • These agreements support the development of clean energy portfolios across several markets in Africa, helping to unlock that potential and deliver improved levels of energy security to its population.
  • Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said: "Masdar's growth plans will help unlock Africa's clean energy potential and further advance its energy transition.
  • Masdar's commitment aims to mobilize a total of US$10 billion in investments to deliver 10GW of clean energy capacity in Africa by 2030.

Three Major Technologies Transforming The Industrial Automation Market - By The Business Research Company

Retrieved on: 
Wednesday, April 5, 2023

LONDON, April 5, 2023 /PRNewswire/ -- As per The Business Research Company's Industrial Automation Global Market Report 2023, the global industrial automation market size will grow from $177.2 billion in 2022 to $190.9 billion in 2023 at a compound annual growth rate (CAGR) of more than 7%. The factory automation market size is then expected to grow to $256.7 billion in 2027 at a CAGR of more than 7%. Going forward, increasing adoption of IoT, rising healthcare expenditure, rising demand from agriculture industry and increase in passenger air traffic will drive the industrial automation market growth.

Key Points: 
  • The industrial automation market is fairy fragmented, with a large number of players.
  • The industrial automation market forecast identifies the following top three technologies companies in the industrial automation market should adopt to stay relevant in the market:
    The implementation of AI (artificial intelligence) in industrial automation is a key trend in the industrial automation market.
  • Companies in the industrial automation market are focusing on the use of 5G technology in industrial automation.
  • According to the industrial automation outlook , player-adopted strategies in the industrial automation market include expanding product portfolio through strategic acquisitions, launching compact robotic solutions, strengthening operational capabilities and focusing on strategic collaborations.

Three Major Technologies Transforming The Industrial Automation Market - By The Business Research Company

Retrieved on: 
Wednesday, April 5, 2023

LONDON, April 5, 2023 /PRNewswire/ -- As per The Business Research Company's Industrial Automation Global Market Report 2023, the global industrial automation market size will grow from $177.2 billion in 2022 to $190.9 billion in 2023 at a compound annual growth rate (CAGR) of more than 7%. The factory automation market size is then expected to grow to $256.7 billion in 2027 at a CAGR of more than 7%. Going forward, increasing adoption of IoT, rising healthcare expenditure, rising demand from agriculture industry and increase in passenger air traffic will drive the industrial automation market growth.

Key Points: 
  • The industrial automation market is fairy fragmented, with a large number of players.
  • The industrial automation market forecast identifies the following top three technologies companies in the industrial automation market should adopt to stay relevant in the market:
    The implementation of AI (artificial intelligence) in industrial automation is a key trend in the industrial automation market.
  • Companies in the industrial automation market are focusing on the use of 5G technology in industrial automation.
  • According to the industrial automation outlook , player-adopted strategies in the industrial automation market include expanding product portfolio through strategic acquisitions, launching compact robotic solutions, strengthening operational capabilities and focusing on strategic collaborations.

Galco Acquires Regional Distributor Zesco

Retrieved on: 
Friday, January 27, 2023

MADISON HEIGHTS, Mich., Jan. 27, 2023 /PRNewswire/ -- Galco Industrial Electronics, Inc. (Galco) announced that it has acquired Zesco, Inc., a regional automation solutions provider located in Brecksville, Ohio.

Key Points: 
  • MADISON HEIGHTS, Mich., Jan. 27, 2023 /PRNewswire/ -- Galco Industrial Electronics, Inc. (Galco) announced that it has acquired Zesco, Inc., a regional automation solutions provider located in Brecksville, Ohio.
  • "The acquisition of Zesco further positions Galco as a global leader in the industrial automation and motion control industry," said Allison Sabia, president and CEO of Galco.
  • "We are excited about the future of Zesco as a Galco Company.
  • Galco carries the same fervor and commitment to providing automation solutions to their customers as we do," said Tim Sustersic, president of Zesco.

Masdar to Develop 5 GW of Renewable Energy Projects to Advance Africa's Clean Energy Objectives

Retrieved on: 
Friday, January 20, 2023

These landmark agreements, which aim to deliver up to 5 GW of energy to Angola, Uganda, and Zambia, follow last year's signing of a 2 GW agreement for renewable energy projects in Tanzania.

Key Points: 
  • These landmark agreements, which aim to deliver up to 5 GW of energy to Angola, Uganda, and Zambia, follow last year's signing of a 2 GW agreement for renewable energy projects in Tanzania.
  • The agreements signed under the Etihad 7 umbrella at ADSW 2023 are:
    An agreement with Angola's Ministry of Energy and Water for the development of renewable energy projects with a total capacity of 2 GW.
  • An agreement with Uganda's Ministry of Energy and Mineral Development for the development of greenfield renewable projects with a total installed capacity of 1 GW.
  • With Africa's massive projected development and growth and low current clean energy penetration levels, we see enormous potential for the renewable energy sector across the continent.

Masdar to Develop 5 GW of Renewable Energy Projects to Advance Africa's Clean Energy Objectives

Retrieved on: 
Friday, January 20, 2023

These landmark agreements, which aim to deliver up to 5 GW of energy to Angola, Uganda, and Zambia, follow last year's signing of a 2 GW agreement for renewable energy projects in Tanzania.

Key Points: 
  • These landmark agreements, which aim to deliver up to 5 GW of energy to Angola, Uganda, and Zambia, follow last year's signing of a 2 GW agreement for renewable energy projects in Tanzania.
  • The agreements signed under the Etihad 7 umbrella at ADSW 2023 are:
    An agreement with Angola's Ministry of Energy and Water for the development of renewable energy projects with a total capacity of 2 GW.
  • An agreement with Uganda's Ministry of Energy and Mineral Development for the development of greenfield renewable projects with a total installed capacity of 1 GW.
  • With Africa's massive projected development and growth and low current clean energy penetration levels, we see enormous potential for the renewable energy sector across the continent.

Southern Africa Electricity Generation 2022: Small But Growing Presence of Independent Power Producers Supplying Southern African Grid

Retrieved on: 
Thursday, March 31, 2022

DUBLIN, March 31, 2022 /PRNewswire/ --The "Generation of Electricity in Southern Africa 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 31, 2022 /PRNewswire/ --The "Generation of Electricity in Southern Africa 2022" report has been added to ResearchAndMarkets.com's offering.
  • The electricity generation industry is seen as a critical vehicle for regional integration and industrial development.
  • The regional industry is well-integrated and well-organised in the Southern African Power Pool and there are significant plans to expand capacity.
  • There is a small but growing presence of independent power producers supplying the Southern African grid.

Electricity Generation Market in Southern Africa 2022: Generation and Operational Capacity, Demand, Prices, Expansion of and Further Plans for Renewables - ResearchAndMarkets.com

Retrieved on: 
Friday, February 11, 2022

The "Generation of Electricity in Southern Africa 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Generation of Electricity in Southern Africa 2022" report has been added to ResearchAndMarkets.com's offering.
  • The electricity generation industry is seen as a critical vehicle for regional integration and industrial development.
  • The regional industry is well-integrated and well-organised in the Southern African Power Pool and there are significant plans to expand capacity.
  • This report focuses on the generation of electricity in Southern Africa and includes comprehensive information on generation and operational capacity, demand, prices, the expansion of and further plans for renewables, developments and notable players by country.

Huawei Hosts an Energy Summit -- Digital Energy, Powering the Low Carbon Era

Retrieved on: 
Thursday, September 23, 2021

SHENZHEN, China, Sept. 23, 2021 /PRNewswire/ --Huawei hosted the Energy Summit online, which was held within the framework of HUAWEI CONNECT 2021 and themed "Digital Energy, Powering the Low Carbon Era".

Key Points: 
  • SHENZHEN, China, Sept. 23, 2021 /PRNewswire/ --Huawei hosted the Energy Summit online, which was held within the framework of HUAWEI CONNECT 2021 and themed "Digital Energy, Powering the Low Carbon Era".
  • Huawei also released the Global Energy Transition and Zero Carbon Development White Paper and shared its Energy Trans-Cube Strategy.
  • The convergence of energy transformation and digital transformation will pave the digital way for carbon neutrality," saidDavid Sun, Vice President of Huawei Enterprise BG and President of the Global Energy Business Unit.
  • It suggests that to get closer to a net-zero carbon intelligent energy system and achieve global zero-carbon development, we should build three core capabilities net-zero carbon transformation, energy transformation, and digital transformation."