HVDC

HVDC Capacitor Market worth $17.9 billion by 2031 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, August 18, 2023
Hitachi, Power semiconductor device, Electricity, Grid-connected photovoltaic power system, Low, TDK, ICT, Installation, Iron, Connectivity, MM, Region, Transport, Component, Maintenance, Dielectric, Power module, LCC, General Electric, HVDC converter station, CCC, Silicon carbide, VSC, Hardware, Growth, Personal Software Services, Health, Electronics, Ceramic, Energy, AC, Silicon, Energy storage, Gallium nitride, Overload, Urbanization, C0G, DC, General Atomics, X7R, SCSI Peripheral Device Type, Kyocera, Consumer electronics, Controller, HVDC, Printed circuit board, Electric power, Renewable energy, Telecommunications, Software, Application, Automotive industry, Industrial, Geography

By Installation Type: The enclosed rack capacitor banks accounted for the largest HVDC capacitor market share during the forecast period.

Key Points: 
  • By Installation Type: The enclosed rack capacitor banks accounted for the largest HVDC capacitor market share during the forecast period.
  • In 2022, enclosed rack capacitor banks captured the largest share of the HVDC capacitor industry , likely to grow during the forecast period.
  • By Technology: Line-Commutated Converter (LCC) technology accounted for the largest HVDC capacitor market share during the forecast period.
  • In 2022, Line-Commutated Converter (LCC) technology captured a larger share of the HVDC capacitor market during the forecast period.

HVDC Capacitor Market worth $17.9 billion by 2031 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, August 18, 2023
Hitachi, Power semiconductor device, Electricity, Grid-connected photovoltaic power system, Low, TDK, ICT, Installation, Iron, Connectivity, MM, Region, Transport, Component, Maintenance, Dielectric, Power module, LCC, General Electric, HVDC converter station, CCC, Silicon carbide, VSC, Hardware, Growth, Personal Software Services, Health, Electronics, Ceramic, Energy, AC, Silicon, Energy storage, Gallium nitride, Overload, Urbanization, C0G, DC, General Atomics, X7R, SCSI Peripheral Device Type, Kyocera, Consumer electronics, Controller, HVDC, Printed circuit board, Electric power, Renewable energy, Telecommunications, Software, Application, Automotive industry, Industrial, Geography

By Installation Type: The enclosed rack capacitor banks accounted for the largest HVDC capacitor market share during the forecast period.

Key Points: 
  • By Installation Type: The enclosed rack capacitor banks accounted for the largest HVDC capacitor market share during the forecast period.
  • In 2022, enclosed rack capacitor banks captured the largest share of the HVDC capacitor industry , likely to grow during the forecast period.
  • By Technology: Line-Commutated Converter (LCC) technology accounted for the largest HVDC capacitor market share during the forecast period.
  • In 2022, Line-Commutated Converter (LCC) technology captured a larger share of the HVDC capacitor market during the forecast period.

Hitachi Energy wins order for first subsea electricity interconnection between France and Spain

Retrieved on: 
Friday, June 16, 2023
Interconnector, Electricity, RTE, MACH, PCI, Engineering, VINCI, Safety, Electric power, Renewable energy, HVDC

Combined, the links will efficiently supply a total of 2,000 megawatts (MW) of electricity at 400 kilovolts (kV) over 400 kilometers (km).

Key Points: 
  • Combined, the links will efficiently supply a total of 2,000 megawatts (MW) of electricity at 400 kilovolts (kV) over 400 kilometers (km).
  • The resulting infrastructure doubled the interconnection capacity between France and Spain from 1,400 MW to 2,800 MW today.
  • HVDC Light is a voltage source converter technology developed by Hitachi Energy, which was launched over 25 years ago.
  • Hitachi Energy pioneered commercial HVDC technology almost 70 years ago and has delivered more than half of the world's HVDC projects.

Transition to a new structure for the domestic power grids business toward the early realization of a carbon-neutral society and resilient electricity network in Japan, co-creating with customers new values

Retrieved on: 
Tuesday, May 23, 2023
High-voltage direct current, Maintenance, FY, GX, Electricity, Carbon, Quality control, Fiscal year, HVDC, TSE, GIS, Electric power, Renewable energy

Through the integration of the domestic power grids business and Hitachi Energy, Hitachi will provide customer with new values to realize a carbon-neutral society by leveraging Hitachi Energy's world-class technologies with Hitachi's digital technology including Lumada and the extensive experience from our domestic track record.

Key Points: 
  • Through the integration of the domestic power grids business and Hitachi Energy, Hitachi will provide customer with new values to realize a carbon-neutral society by leveraging Hitachi Energy's world-class technologies with Hitachi's digital technology including Lumada and the extensive experience from our domestic track record.
  • a. World-recognized value in power grids equipment such as high-voltage products including gas-insulated switchgear (GIS) portfolio and transformers, all supporting low environmental impact, optimization of maintenance cycles and digitalization.
  • Continue to provide high-quality services including front-end engineering, quality control, and maintenance backed by years of experience in Japan together with new digital solutions.
  • b. Aiming to realize the globalization of our business platform having aligned with customers in Japan and providing them with the value created in the global market.

Petrofac Limited: Results for the six months ended 30 June 2023

Retrieved on: 
Thursday, August 10, 2023
Uncertainty, FPSO, Partnership, CNRI, Bank statement, EPC, E&C, EBIT, ADNOC, Movement, EBITDA, Work, Growth, TenneT, HVDC, Renewable energy, Airline, Construction, Cryptocurrency

This high-quality backlog, a growing talented team and a diverse pipeline of future opportunities provides Petrofac with a strong base from which to move forward.

Key Points: 
  • This high-quality backlog, a growing talented team and a diverse pipeline of future opportunities provides Petrofac with a strong base from which to move forward.
  • “After four months as CEO, I am encouraged by the energy and drive in the business.
  • The execution
    plan remains in line with the update provided with the 2022 year-end results and operational and commercials discussions with the client are ongoing.
  • Liquidity(8) was US$253 million at 30 June 2023 (31 December 2022: US$506 million).

America's Critical Infrastructure and Shift to Clean Energy a Matter of National Security?

Retrieved on: 
Tuesday, August 8, 2023
Unitary state, EVS, Committee, Inflation, Federation, Local, Transport, SVC, Commerce, EV, Defense, Atmosphere, United States House Committee on Energy and Commerce, Power inverter, Hearing, Inflation Reduction Act of 2022, Growth, Private sector, AC, Assistant, Government, IBR, VAR, Converter, Engineering, IBRS, Workforce, BESS, Hydrogen, BIL, IRA, DOE, Wind, Flexible AC transmission system, High-voltage direct current, Small business, Health, House Committee, HVDC, Farm, Renewable energy, Energy, Computer security

MIAMI, Aug. 8, 2023 /PRNewswire/ -- At the heart of America's rapid transition toward renewable energy lie two unassuming heroes: High Power Converters and Inverters – and one U.S.-based expert in the field, AmePower, has been a driving force behind this technology. These critical components, often collectively referred to as Inverter-Based Resources (IBRs), power a wide array of applications from solar and wind farms to battery energy storage systems (BESS), electric vehicle (EV) chargers, and support critical infrastructure.

Key Points: 
  • These critical components, often collectively referred to as Inverter-Based Resources (IBRs), power a wide array of applications from solar and wind farms to battery energy storage systems (BESS), electric vehicle (EV) chargers, and support critical infrastructure.
  • This process is pivotal for integrating renewable energy sources into the grid, managing stored energy, and even driving our electric vehicles.
  • Inverters are integral to harnessing solar and wind energy, charging our increasing fleet of EVs, and driving propulsion inverters for trains.
  • They are vital players in the American narrative, intertwined with the nation's environmental, economic, health and national security goals.

ALLETE, Inc. reports second quarter earnings of 90 cents per share; reaffirms 2023 earnings guidance range of $3.55 to $3.85 per share

Retrieved on: 
Tuesday, August 8, 2023
Energy, Other Energy, Utilities, Bank statement, Red Barn, Tax, SWL, Solar power in Wisconsin, GAAP, EST, Generally Accepted Accounting Principles (United States), Light, New energy, Time management, Wind, Interest, Sale, Seoul Sustainable Energy Action Plan, Acquisition, Investment, Corporation, Webcast, Security (finance), HVDC, NYSE, Renewable energy, Cryptocurrency, Bank, MD

ALLETE, Inc. (NYSE: ALE) today reported second quarter 2023 earnings of 90 cents per share on net income of $51.5 million.

Key Points: 
  • ALLETE, Inc. (NYSE: ALE) today reported second quarter 2023 earnings of 90 cents per share on net income of $51.5 million.
  • Last year’s second quarter results were 67 cents per share on net income of $37.6 million.
  • Earnings per share dilution in 2023 was approximately 2 cents due to additional shares of common stock outstanding as of June 30, 2023.
  • ALLETE’s earnings conference call will be at 10:00 a.m. (EST), August 8, 2023, at which time management will discuss the second quarter of 2023 financial results.

WSP Named Professional Engineer for New York's Sunrise Wind Farm

Retrieved on: 
Wednesday, August 2, 2023
Workforce, Partnership, WSP, Electricity, Wind, AC, WSP USA, Eversource Energy, Aker Solutions, Engineering, Natural gas, Water, HVDC, Farm, Siemens Energy, Electric power, Renewable energy

NEW YORK, Aug. 2, 2023 /PRNewswire/ - WSP USA, a leading engineering and professional services consultancy, has been named the professional engineer for the offshore high-voltage direct current (HVDC) converter platform for Sunrise Wind Farm, the first U.S. offshore wind project that will use HVDC technology.

Key Points: 
  • NEW YORK, Aug. 2, 2023 /PRNewswire/ - WSP USA, a leading engineering and professional services consultancy, has been named the professional engineer for the offshore high-voltage direct current (HVDC) converter platform for Sunrise Wind Farm, the first U.S. offshore wind project that will use HVDC technology.
  • "When Sunrise Wind begins operations, a significant amount of clean energy will reach New York residents," said Michael Drunsic, WSP USA vice president and offshore wind director.
  • While HVDC technology is currently used in the U.S., Sunrise Wind is the first U.S. project to use HVDC to transmit offshore wind energy.
  • Sunrise Wind is expected to provide up to 800 direct jobs during construction, as well as up to 100 permanent full-time jobs servicing the wind farm during operations.

Cornell Dubilier Introduces X2 Class Interference Suppressor Capacitors

Retrieved on: 
Sunday, July 30, 2023
THB, Temperature, CSA, MXH, Vibration, Electronics, AMR, UL, Wind, Cornell University, Engineering, IEC, VDE, UPS, AEC, VAC, HVDC, Welding, Safety, X2, Humidity

LIBERTY, S.C., July 30, 2023 /PRNewswire-PRWeb/ -- Cornell Dubilier Electronics, Inc. introduces its MXH series of X2, EMI/RFI suppression capacitors designed for harsh environments. The MXH series is AEC-Q200 qualified, meets a 2,000-hour THB (Temperature, Humidity, Bias) life test, and has applications in motors, AMR (Automated Meter Readers), UPS, power supplies, charging systems, and appliances. These X2, across-the-line capacitors filter out electromagnetic noise and have multiple international safety agency approvals.

Key Points: 
  • X2 Class Interference Suppressor Capacitors – Meet 2,000-Hour 85/85 THB Tests, AEC-Q200
    LIBERTY, S.C., July 30, 2023 /PRNewswire-PRWeb/ -- Cornell Dubilier Electronics, Inc. introduces its MXH series of X2, EMI/RFI suppression capacitors designed for harsh environments.
  • These X2, across-the-line capacitors filter out electromagnetic noise and have multiple international safety agency approvals.
  • MXH Series capacitors are available now from Cornell Dubilier's authorized distributors.
  • Direct Link to Data Sheet: https://www.cde.com/resources/catalogs/MXH.pdf
    Cornell Dubilier (Cornell Dubilier Electronics, Inc., Cornell Dubilier Marketing, Inc., and affiliates) is dedicated to advancing capacitor technology for new applications.

Stantec selected by Pattern Energy to serve as Owner’s Engineer for the SunZia Transmission Project

Retrieved on: 
Wednesday, July 26, 2023
Pattern Energy, NextEra Energy Resources, Kovalska Industrial-Construction Group, EuroAsia Interconnector, STN, Energy, AC, History, Wind, Plant, OE, Stantec, TSX, KV, NYSE, Renewable energy, Electric power, Engineering, PHOENIX, HVDC

EDMONTON, Alberta and NEW YORK and PHOENIX, July 26, 2023 (GLOBE NEWSWIRE) -- TSX, NYSE:STN

Key Points: 
  • EDMONTON, Alberta and NEW YORK and PHOENIX, July 26, 2023 (GLOBE NEWSWIRE) -- TSX, NYSE:STN
    Stantec, a global leader in sustainable design and engineering, has been selected by Pattern Energy Group LP (Pattern Energy) to serve as Owner’s Engineer (OE) for the SunZia Transmission Project.
  • The SunZia Transmission Project is enabling Pattern Energy to develop up to 3,500 MW of wind power in New Mexico and then transport that clean energy to communities in the southwest US.
  • “Stantec is proud to partner with Pattern Energy on the SunZia Transmission Project, an initiative that will deliver abundant renewable energy to communities throughout the southwest region,” says Mario Finis, executive vice president of Energy & Resources at Stantec.
  • We are proud to have them as a partner on SunZia,” says Derek Price, vice president of Engineering, Procurement and Construction Group at Pattern Energy.