Company News

Mitsubishi Electric Corporation announces that it has taken an equity position in Novel Crystal Technology, Inc., a Japanese company that develops and sells gallium-oxide wafers, a promising candidate for use in superior energy-saving power semiconductors that Mitsubishi Electric intends to develop at an accelerated pace in support of global decarbonization. Novel Crystal Technology, one of the world's first companies to develop, manufacture and sell gallium-oxide wafers for power semiconducto...

Franklin Electric Co., Inc. recently celebrated the 10th anniversary of its global corporate headquarters in Fort Wayne, Indiana. On Friday, July 14th, the headquarters staff of Franklin Electric came together to celebrate the anniversary with a fun-filled day of activity. CEO Gregg Sengstack kicked off the celebration by addressing the employees and cutting the “anniversary” cake. Throughout the afternoon, as employees enjoyed outdoor lawn games, the Fort Wayne Philharmonic pl...

Lincoln Electric Holdings, Inc., (the ‘Company’ / Lincoln Electric / LECO) announced that Christopher L. Mapes, Chairman, President and Chief Executive Officer (CEO), who has served as President and CEO since 2012, will retire as President and CEO on December 31, 2023, and will be designated as Executive Chairman of the Board, effective January 1, 2024. Steven B. Hedlund, who has been with the Company for 15 years and serves as the Chief Operating Officer, will be named President an...

Grainger, a broad line distributor of maintenance, repair and operating (MRO) products serving businesses and institutions, announces George Davis has been appointed to its Board of Directors, effective July 26, 2023. Mr. Davis, age 65, mostly recently served as the Executive Vice President and Chief Financial Officer for Intel Corporation, a $65 billion semiconductor organization, until January 2022 and supported his successor's transition until his retirement in May 2022. In this role, he sup...

Electrical contractor - Canyon State Electric (CSE) is beginning construction on the Portico luxury condominiums located in north Scottsdale, just northeast of Scottsdale Road and the 101 Loop. The project broke ground in May and is estimated to be completed in June 2024. Portico features 112 homes across nine five-story buildings, with units priced from $900,000 to $2 million. Each unit offers up to 2,768 square feet of indoor living space along with private terraces and amenities, such as an...

On July 26th, Shenzhen VMAX New Energy Co., Ltd. successfully Listed on the Shanghai Stock Exchange STAR Market. In the years 2020 to 2022, VMAX achieved remarkable growth with annual revenues of 657 million CNY, 1.695 billion CNY, and 3.833 billion CNY, demonstrating a compounded annual growth rate of 141.49%. net profit growth Net profits also saw substantial improvement, with earnings of 6 million CNY, 71 million CNY, and 294 million CNY during the same period. Moreover, in the first half...

Bharat Heavy Electricals Limited (BHEL) has achieved a major milestone with the successful synchronization of the 660 MW Unit-2 of the 1,320 MW Maitree Super Thermal Power Project (STPP) in Bangladesh. The synchronization of the unit has been done ahead of the commitment given at a high level G2G meeting, which was a very tough target even at the time it was given. The 2x660 Maitree STPP is located at Rampal, Mongla, Bagerhat, Bangladesh, and is being set up by BHEL for the Bangladesh-India Fri...

ReNew Energy Global Plc, India’s decarbonization solutions company, through its subsidiary - ReNew Power Pvt. Ltd. (ReNew), and clean energy solutions provider - Gentari, through its subsidiary - Gentari Renewables India Pte. Ltd., have executed key terms to collaborate on a 50:50 joint venture in clean energy solutions. The term sheet was exchanged between Sushil Purohit, Chief Executive Officer of Gentari, and Sumant Sinha, Founder, Chairman and CEO of ReNew. renewable assets As part...

Schneider Electric and Pacific Gas and Electric Company (PG&E) announced the deployment of a distributed energy resource management system (DERMS) on Microsoft Azure to more effectively maintain grid reliability, and accelerate customer adoption of distributed energy resources (DER) such as electric vehicles, energy storage, and rooftop solar. Maintaining reliable energy service has grown more challenging as the country navigates extreme weather and heavier demand for electricity. The e...

Users have probably heard the term dynamic load management (DLM). Users may know that it supports power systems by allowing more charge points to run on existing grid infrastructure, thereby reducing upfront costs and recurring grid fees. Users would also know that it assists with seamless vehicle grid integration, which is vital to making the adoption of electric vehicles (EVs) more widespread. But what benefits does it offer end users? Dynamic load management First, let’s cover...

A US custom and historic restoration lighting specialist has significantly reduced the time taken to complete electrical safety testing following investment in a Seaward HAL 104 tester. Virginia-based Crenshaw Lighting has been designing and fabricating a wide range of lighting systems, which include bespoke chandeliers, pendants, sconce, flush mount and stanchion products and diffusers, for over 65 years. Many of these products are installed in some of the country’s most well known comme...

Electrical test and measurement company - Seaward is racing ahead after announcing a new deal to sponsor the development of a solar-powered electric race car. The Peterlee Company is linking-up with Sweden’s Chalmers Solar Team in a move that will see it provide a PV200 solar PV installation tester, as part of a Gold level sponsorship and vehicle branding package for the 2023 season. It is the first commercial tie-up of its kind for Seaward and comes as Chalmers finalizes its plans for t...

Green construction company Nexii Building Solutions (Nexii) announces the completion of assembly for a 6,131 square-foot building at the renovated Seneca Service Area on the New York State Thruway. It is the first of 13 service plaza structures that Nexii will manufacture over the next 2 years; last year, Nexii completed 10 buildings in this ongoing project’s first phase. Acting as a subcontractor for AECOM Tishman, Nexii designed and manufactured the high-performance building envelopes...

Hitachi Energy, a global technology pioneer that is advancing a sustainable energy future for all, has been selected by SSEN Transmission, part of the UK energy giant SSE plc, to supply multiple onshore high-voltage direct current (HVDC) converter stations to accelerate the integration of bulk renewables into the UK power grid. The agreement includes the deployment of up to five HVDC ‘power corridors,’ or electricity transmission superhighways, to enable large amounts of future rene...

Utility-scale photovoltaic (PV) systems typically generate several megawatts (MW) of electricity and are key contributors to green energy and sustainability. Each MW requires about 2,900 solar panels spread over several acres of land, one or more inverters and controllers, plus grid connection equipment. Linking all those elements into a PV system can require miles of power and monitoring cabling, and tens of thousands of cable management components. If not properly implemented, cabling and cab...

Schneider Electric, the pioneer in the digital transformation of energy management and automation, announces the launch of a new modular, flexible solution to add smart panel functionality to standard home electrical systems. This solution, including new Square D™ Control Relays and the Schneider Energy Monitor, offer homeowners nationwide app-based control with easier installation and at a lower cost than current smart panel options. Reducing utility bills Installing this solution wil...

A new survey from digital identity security specialists, ID Crypt Global, reveals that 75% of people in the UK would feel safer and more comfortable allowing strangers, such as tradespeople and estate agents, into the home if their identity and credentials were available on a digital identity platform. A person’s digital identity is made up of various pieces of personal information that are collected and stored online. It is estimated that 66% of people in the UK have a digital trail...

Mitsubishi Electric Corporation announces that its ME Innovation Fund has invested in Hydroleap Pte. Ltd., a Singapore-based startup company that provides wastewater treatment solutions, as the fifth investment. Southeast Asia, also known as the ‘factory of the world’, is facing serious water pollution problems caused by industrial effluents. Effluent-related problems cover a wide range of business activities including plant operations, oil and gas refining, construction work, and d...

Electrical component specialist REO has partnered with Leo Cancer Care to help bring its new upright radiotherapy system to market, by providing the firm with high-quality medical-grade isolation transformers. The Eve patient positioning system will aim to improve on existing radiotherapy approaches by allowing the patient to be treated in an upright position, which indicates increased lung capacity and reduced organ movement. Furthermore, it has general well-being and comfort benefits for pat...

Schneider Electric, the globally renowned company in the digital transformation of energy management and automation, has announced its number-one ranking in the inaugural Guidehouse Insights 2023 Microgrid Integrator Leaderboard, acknowledging Schneider’s unique strategy and execution, demonstrated through its microgrid services, technologies and innovative scope of delivery through joint ventures. Microgrids provide flexibility At a time where extreme weather events increasingly im...

As the United Kingdom continues its transition towards a greener and more sustainable future, electric vehicles (EVs) play a crucial role in reducing carbon emissions and dependence on fossil fuels. However, the increasing adoption of EVs also presents unique challenges for the electricity grid, particularly in managing their charging patterns to maintain grid stability and efficiency. This is where smart charging technology comes into play, offering a solution to balance the UK&rsq...

CORE Electric Cooperative (CORE), the largest electric distribution cooperative in Colorado, Xcel Energy, the largest energy provider in Colorado, and Pano AI (Pano), the pioneering developer of artificial intelligence-driven wildfire detection, share details about the use of AI-powered cameras in detecting and aiding the successful containment of the Bear Creek Fire in Douglas County. The Pano AI cameras, funded by CORE and Xcel Energy, are strategically located near utility infrastructure or...

Clean energy solutions provider Gentari Sdn Bhd (Gentari) has appointed energy industry veteran Navjit Gill as its new Country Head for India, effective 10 July 2023. Navjit brings 34 years of experience in the energy and marine sectors to his new role and was previously the CEO of First Energy Pvt Ltd and the Chief Commercial Officer at SB Energy. Navjit's experience Throughout his illustrious career, he has held key positions at GE Renewables India Pvt Ltd, Rolls-Royce Marine India Pvt Ltd,...

AEI Cables has clinched a contract to supply its low-voltage power, control, and fire performance cables to a major extension of the Hong Kong Sports Institute. Working with its partners, Cornwall Contracting Co. Ltd, AEI Cables supplied the cables to the existing sports complex from 2011 to 2013. The major extension involves the facilities development building, which is located in front of the indoor swimming pool and rowing boathouse comprising a three-floor building area. This will feature a...

As the United Kingdom continues its transition towards a greener and more sustainable future, electric vehicles (EVs) play a crucial role in reducing carbon emissions and dependence on fossil fuels. However, the increasing adoption of EVs also presents unique challenges for the electricity grid, particularly in managing their charging patterns to maintain grid stability and efficiency. This is where smart charging technology comes into play, offering a solution to balance the UK’s electri...

WEG announces new investments for its motor manufacturing plant located in Manaus, Brazil. The company will invest R$ 48 million, in the next three years, to expand production capacity and adapt the plant to produce a new line of permanent magnet electric motors for split-type air conditioners. According to Julio Cesar Ramires, Managing Director of Commercial and Appliance Business Unit, the investment will allow the production of a high-efficiency variable speed motors line, aligned wit...

The VLT® FlexMotion™ servo solution emerges from the need to provide the customer with a modular and flexible system. This is done by offering the best and most suitable components to make automation efficient, compact, and optimized. VLT® FlexMotion™ system The VLT® FlexMotion™ system consists of a centralized part, the VLT® Multiaxis Servo Drive MSD 510, which can be combined with the VLT® Integrated Servo Drive ISD® 510 and VLT&r...

Infinitum, creator of the breakthrough air core motor, announces it is ranked among the top 10 medium-sized companies on Austin Business Journal’s 2023 Best Places to Work list. According to the Best Places to Work survey results, 97% of Infinitum employees agree that senior leaders value people as their most important resource and 100% of women say they are recognized for their contributions at the company. Infinitum work environment The top words used by employees to describe the Inf...

Plug Power Inc., a global pioneer in comprehensive hydrogen solutions for the green hydrogen economy, has been selected to supply two 5-megawatt (MW) proton exchange membrane (PEM) electrolyzer systems for green hydrogen projects in Tasmania, Australia, under development by Countrywide Hydrogen Pty Ltd, a wholly-owned subsidiary of ReNu Energy Limited. electrolyzer systems Plug’s electrolyzer systems, which were selected by Countrywide Hydrogen, will be installed at planned production...

Airzone, a provider of intelligent and innovative HVAC control solutions announces a new integration with Lutron, the global pioneer in lighting and shading control solutions.  This integration enables precise temperature control and category-pioneering HVAC energy efficiency via Lutron’s Homeworks home automation system.  Innovation in Energy and Elegance  Airzone specializes in smart HVAC system control. Over the past 25 years, Airzone has built an exclusive library of...