Category: Misc

Navigant Research Report Shows the Global Market for Electric Vehicle Equipment Sales and Installation Is Expected to Exceed $63 Billion by 2030

The majority of growth is expected in the latter half of the 2020s, when light duty plug-in electric vehicles reach an inflection point June 11, 2019 – Boulder, CO – A new report from Navigant Research provides an overview of the current state of the global electric vehicle (EV) charging industry, with market forecasts for… Read more »

innogy awarded for capital market communications

Winner in the category “Best Corporate MDAX” Bernhard Günther best CFO 2019 in the category “Utilities” Essen, 7 June 2019 innogy SE was awarded the “German Investor Relations Prize” for best investor relations of all corporates listed in the MDAX. The prize is awarded annually by Extel, WirtschaftsWoche and by DIRK, the German Investor Relations association,… Read more »

GE Technology Delivered to Adani Transmission for Ensuring High Power Quality

GE’s outdoor single STATCOM system provides up to ±1MVAr of dynamic reactive power compensation It optimizes power quality and helps the operator meet the local grid requirement Mahendragarh – 4 June 2019 – GE (NYSE: GE) has recently successfully commissioned the Static Synchronous Compensator (STATCOM) system for Adani Transmission, a leading Indian multinational conglomerate, helping… Read more »

University hosts U.S. Senators and Scotland’s Energy Minister in carbon capture and conversion technology showcase

Carbon capture and conversion technology pioneered by a spin-out company formed at the University of Aberdeen was the focus of a visit by an influential group of U.S. Senators and Scotland’s Energy Minister that took place yesterday. Carbon Capture Machine (UK) Ltd is the sole European entrant to reach the finals of the NRG COSIA… Read more »

VARTA AG acquires VARTA Consumer Batteries business from Energizer

• Transaction expands VARTA AG’s portfolio to include portable batteries for end consumers • Gaining access to the attractive, but underpenetrated mass retail channel • Worldwide VARTA trademark rights largely consolidated under the umbrella of VARTA AG • VARTA Consumer Batteries becomes part of an innovative technology company • Focus on growth strategies of VARTA… Read more »

Heraeus Photovoltaics expands R&D with new Innovation Centers in China and Singapore!

Former table tennis World Champion Timo Boll to join Heraeus Photovoltaics at SNEC 2019 to celebrate company’s R&D expansion with new Innovation Centers in China and Singapore SHANGHAI, China- May 27, 2019- Heraeus Photovoltaics, a leading supplier of metallization solutions to the PV industry, announced an expansion of its China and Singapore R&D capabilities by… Read more »

Arqiva delivers new state-of-the-art satellite solution for UK Power Networks

Replaces legacy paging-based system with portable, all-in-one BGAN terminals  May 23 2019, UK, London: Arqiva, the leading UK communications and infrastructure media services provider, has today announced that it has been selected by Britain’s biggest electricity distributor, UK Power Networks, to provide a new state-of-the-art Broadband Global Area Network (BGAN) M2M solution for its secondary… Read more »

SCHMID Group, Nusaned Investment and RIWAQ announce partnership focusing on manufacturing and technology development in the field of Vanadium Redox Flow Batteries (VRFB)

SCHMID Group, Nusaned Investment (an investment company owned by SABIC) and RIWAQ announced that the parties signed agreement for establishing a joint venture in the Kingdom of Saudi Arabia focusing on manufacturing and technology development in the field of Vanadium Redox Flow Batteries (VRFB). The joint venture aims to become a global technology leader and… Read more »

Navigant Research Report Finds the Digital Currency Mining Market is Time-Limited and Likely Unsustainable for Utilities and Hardware Suppliers

Potential growth scenarios for digital currency electricity consumption show an uncertain future for digital currency mining May 14, 2019 – Boulder, CO – A new report from Navigant Research analyzes the drivers of the digital currency mining market, including an analysis of utility systems most heavily affected by its growth. When digital currencies like Bitcoin… Read more »

ENEL X CONFIRMED ONCE AGAIN DEMAND RESPONSE LEADER IN IRELAND, WITH AWARD EXCEEDING HALF OF 2022-2023 CAPACITY

Enel X secured 218 MW of demand response capacity for October 2022 – September 2023, the largest portfolio ever awarded to the company in Ireland Dublin, May 9th, 2019 – Enel X, the Enel Group’s advanced energy services business line, was awarded 218 MW of demand response capacity in the latest auction held by EirGrid… Read more »

Navigant Research Report Finds Annual Sales of Highly Automated Commercial Vehicles Are Not Expected to Exceed 1% until 2028

Higher levels of automation are expected to bring increased safety, fuel efficiency gains, and reduced labor costs May 8, 2019 – Boulder, CO – A new report from Navigant Research analyzes the state of the automated medium and heavy duty commercial vehicle market, providing global market forecasts, segmented by vehicle class and region, through 2030…. Read more »

Ashtead Technology’s global expansion continues with (USD) $2m investment in new Houston HQ

Ashtead Technology has completed its (USD) $2 million investment in a new Houston facility as part of their ongoing international growth plans. The new building is three times the size of the previous address allowing the global subsea equipment solutions firm to increase their service lines and capabilities from their Gulf of Mexico headquarters. The… Read more »

Navigant Research Report Shows Longer-Range Wireless Charging Could Have a Significant Impact on the Smart Home Market Beyond Reducing the Need for Electric Wires

Regulations, health and safety, consumer sentiment, and technology development will be crucial as wireless charging expands to gain and keep popularity May 7, 2019 – Boulder, CO – A new report from Navigant Research analyzes the use of wireless charging in smart homes and provides recommendations for unlocking the potential of the technology. Wireless charging… Read more »

Oil & Gas Innovation Centre supports 100th project

The Oil & Gas Innovation Centre (OGIC) has signed its 100th project, taking the total it has invested into innovative oil and gas technology to £6 million over the last five years. The 100th project will see OGIC supporting Targe Environmental Consulting Ltd with its development of a decommissioning materials management platform. Using Artificial Intelligence… Read more »

Ashtead Technology acquires Aqua-Tech Solutions in Gulf of Mexico

Ashtead Technology has today (24th April) announced it has acquired Louisiana based subsea equipment rental and cutting services specialist, Aqua-Tech Solutions, as part of the company’s international growth plans in the USA. The combined business will see clients in the Gulf of Mexico region benefit from a robust and enhanced offering, allowing more timely and… Read more »

Navigant Research Report Highlights Nascent Market for Electric Trucks for Long-Haul Freight Applications

Electric long-haul solutions must net a convenience advantage over diesel and other alternative fuels to achieve market penetration April 16, 2019 – Boulder, CO – A new report from Navigant Research analyzes the current state of the electric heavy duty (eHD) long-haul truck market. Electrification has been moving swiftly through the commercial vehicle market. Established… Read more »

Navigant Research Report Finds Activity in the Emerging Hydrogen Economy Is Spreading Across the Energy Value Chain

Market entrants from a variety of sectors are expanding the hydrogen value chain, creating opportunity for collaborations, partnerships, and merger and acquisition activity  April 8, 2019 – Boulder, CO – A new report from Navigant Research analyzes the developing hydrogen economy and interconnections helping drive its business case, providing recommendations for several groups of hydrogen… Read more »

PassivSystems secures funding for green biogas network demonstrator

£2.4m OptiNet project will investigate network optimisation solutions to decarbonise the gas network and support the transition to low carbon, smart energy systems. Newbury, UK, 03 April 2019 – PassivSystems has won a contract to investigate optimisation solutions that will enable the wider connection of green gases into energy networks. Working with partners Wales & West Utilities, Cadent… Read more »

ABB and MVV launch new service enabling customers to achieve sustainability targets

Major German energy service provider MVV has partnered with ABB to launch Energy and Efficiency as a service, with a new full-service solution developed to help industrial and energy companies improve their energy efficiency, reduce carbon emissions and lower costs. Developed in response to customer needs, Energy and Efficiency as a service, powered by ABB,… Read more »

Navigant Research Report Finds Southeast Asia’s Annual Future Grid Revenue Is Expected To Reach Nearly $13 Billion in 2027

Distributed energy resources and government support are accelerating adoption and growth April 1, 2019 – Boulder, CO – A new report from Navigant Research analyzes the key trends, drivers, and barriers to adoption of smart grid and DER technologies within the utility industry across Southeast Asia. Mirroring much of the developed world, Southeast Asia is… Read more »

DNV GL supports Norwegian transmission operator Statnett in connecting renewable energy to the grid

420kV composite high-voltage transmission tower enabling easier integration of renewable energy from remote locations into the European power grid  ARNHEM, The Netherlands – 28th March 2019 – DNV GL has been selected by the Norwegian transmission system operator, Statnett to provide electrical design services for the development of a new composite high-voltage transmission tower. The… Read more »

Framo’s new CEO settles into role

Sameer Kalra has passed the helm of pumping system manufacturer Framo over to newly appointed CEO, Martijn Bergink. The former CEO of Framo, Sameer Kalra,has officially handed responsibility for the business to Bergink, as Kalra moves across to parent company Alfa Laval as the new head of the Alfa Laval Marine Division and a member… Read more »

Inert gas production joins applications at the Alfa Laval Test & Training Centre

An Alfa Laval Smit Combustion system (FU type) is now installed at the Alfa Laval Test & Training Centre in Aalborg, Denmark. The system, which adds inert gas production to the centre’s already comprehensive range of full-scale vessel applications, will ensure that Alfa Laval remains at the forefront of developing and optimizing inert gas systems…. Read more »

NKT appoints Alexander Kara, a senior power industry executive, CEO

NKT appoints Alexander Kara, a senior power industry executive, CEO The NKT Board of Directors has appointed Alexander Kara President and CEO of NKT and NKT A/S. Alexander Kara is an internationally experienced executive in the power distribution industry, with in-depth market knowledge and technology insight, which will further strengthen NKT’s position as a strong… Read more »

Navigant Research Names Waymo, GM Cruise, and Ford Autonomous Vehicles the Leading Companies Developing Automated Driving Systems

Market players continue to grapple with technology issues while finetuning business models March 19, 2019 – Boulder, CO – A new Leaderboard Report from Navigant Researchexamines the strategy and execution of 20 companies developing automated driving systems, with Waymo, GM Cruise, and Ford Autonomous Vehicles ranked as the leading market players. During 2018, several companies… Read more »

Roxtec awarded for its quality work

Roxtec has received the 2019 Sweden’s Best Managed Companies recognition, sponsored by Deloitte in cooperation with Nasdaq. Mikael Helmerson, CEO of Roxtec, sees the award as an acknowledgement of the company’s determined improvement work. “It feels extra good that we have been examined out of a holistic perspective and that we fulfill all quality requirements…. Read more »

TEXO GROUP APPOINT FORMER COMMANDANT GENERAL ROYAL MARINES AS BOARD ADVISOR

Texo Group, one of the UK’s fastest growing technology and engineering services companies has today announced the appointment of Major General Martin Smith CB MBE to its main board as a non-executive advisor. Major General Smith is a former serving Royal Marines officer who was Commandant General Royal Marines from 2014 to 2016. He was… Read more »

Regulatory Support Is Powering Latin America’s Utilities

S&P Global Ratings views the electric utilities’ regulatory framework in Latin America as supportive, overall. Regulations in most of countries allow for timely recovery of operating costs and capital. We consider such frameworks as predictable and transparent, which we view as credit supportive. During the short and medium term, we believe regulators will focus on… Read more »

Tesvolt wins international award for rural electrification

Award ceremony in Ivory Coast Wittenberg/Germany, Abidjan/Africa, 14 March 2019 – Tesvolt has been presented with an international award for rural electrification. The German manufacturer of power storage systems for agriculture and commerce received the prize in the category Private Sector in Australia, Europe and North America for establishing a sustainable energy supply on an… Read more »

Luxcara and Alpiq enter into long-term PPA for Spanish solar project

Luxcara, one of the leading asset managers for renewable energy investments, and Alpiq, a pan European energy services provider and electricity producer with Swiss roots, offering customized and digital energy solutions, have entered into a physical long-term power purchase agreement (PPA) for the output of the Spanish solar project El Salobral. The solar project is… Read more »

Cargostore Managing Director, Justin Farrington Smith appointed as Chairman for the EIC Southern Region

Cargostore Managing Director, Justin Farrington Smith has been appointed as the Chairman for the Southern Region Committee of the Energy Industries Council (EIC). The role of the Chairman is to bring together the committee members in order to shape the future direction of the EIC for the region. Natalie Melliard, Business Leads and Events Manager… Read more »

Libertine and Productiv to collaborate on modular Smart Engines

13 March 2019, Sheffield, UK: Libertine FPE (“Libertine”), the creator of Smart Engine technology for electric vehicles (EVs), has joined forces with Productiv, a provider of venture engineering services for cleantech businesses, to accelerate and de-risk commercialisation of a range of modular Smart Engines using Libertine’s intelliGEN platform. The collaboration will focus on delivering electric… Read more »

Sectigo Announces Strategic Alliance with Kyrio to Secure Device Ecosystems

Technology and Market Expertise Aid Enterprises, Device Manufacturers, Platform Providers, and Multi-Vendor Ecosystems in Designing and Managing IoT Projects ROSELAND, N.J. – March 12, 2019 – Sectigo, the world’s largest commercial Certificate Authority (CA) and a leader in web security solutions, has formed a strategic alliance with Kyrio, a subsidiary of CableLabs, which is engaged… Read more »

Navigant Research Report Shows Global Sales of Plug-in Electric Vehicles Grew More Than 70% from 2017 to 2018

Plug-in electric vehicles are close to becoming the leading conventional alternative and are best positioned to lead the future light duty vehicle market March 12, 2019 – Boulder, CO – A new report from Navigant Research analyzes the global market conditions and regulatory policies for plug-in electric vehicles (PEVs), providing sales and population forecasts to… Read more »

Navigant Research Names ENGIE, ABB, and Optimal Power Solutions the Leading Remote Microgrid Companies

Leading companies differentiated themselves through exceptional remote microgrid project development, value chain revenue capture, and a sustainable business model March 11, 2019 – Boulder, CO – A new Leaderboard Report from Navigant Researchexamines the strategy and execution of 12 remote microgrid companies, with ENGIE, ABB, and Optimal Power Solutions ranked as the leading market players…. Read more »

WFS Technologies appoints highly-regarded subsea industry player

Fast-evolving global provider of disruptive wireless subsea technology, WFS Technologies, has underlined its ambitious growth plans with the appointment of a highly-regarded subsea industry player. Moray Melhuish takes up the specially-created post of commercial director and will be responsible for building on the success of its industry-advanced innovations as well as increase its portfolio of… Read more »