Thyssenkrupp: Efficiency of electrical steel improved by 40% over past 20 years

Jun 20, 2018
Thyssenkrupp Steel Europe has announced that it has improved the energy efficiency of its electrical steel by almost 40 percent over the past 20 years. “And there is more to … read more »
Jun 20, 2018

Xcel Energy to invest $7.9 million in Bushlands power distribution expansion

Jun 20, 2018
Minnesota-based utilities holding company Xcel has announced a $7.9 million investment to build a new transformer in the Bushlands area around Amarillo, Texas A new substation and distribution feeder lines … read more »
Jun 20, 2018

ABB completes 500 MW HVDC link in Canada

Jun 19, 2018
ABB has completed a 500 MW High-voltage direct current link In Canada. The link will carry renewables-generated energy from Newfoundland and Labrador to the North American grid in Nova Scotia. … read more »
Jun 19, 2018

Enel buys 73% stake in Eletropaulo

Jun 18, 2018
Italian energy group Enel has purchased 73% of Brazilian power distribution company Eletropaulo. Enel’s bid of R$5.5 billion saw off Spanish rival Neoenergia in a competition which saw Eletropaulo’s value … read more »
Jun 18, 2018

European Investment Bank to support €170m electricity network investment in Greece

Jun 15, 2018
The European Investment Bank (EIB) has agreed to support HEDNO’s €170m programme to modernise Greece’s national electricity network. The Hellenic Energy Distribution Network Operator (HEDNO), a subsidiary of Greece-based power provider PPC, … read more »
Jun 15, 2018

ZTR wins transformer contract with PJSC Ukrhydroenergo

Jun 14, 2018
Ukrainian transformer manufacturer Zaporoztransformator (ZTR) has won a tender to supply a block transformer held by PJSC Ukrhydroenergo. The transformer will be built for the fourth hydroelectric unit at the … read more »
Jun 14, 2018

KONČAR and China XD Electric Co. sign cooperation agreement

Jun 13, 2018
KONČAR Electrical Industry Inc. and China XD Electric Co. have signed a Joint Venture Shareholders Agreement for the production of high voltage SF6 gas insulated switchgear (GIS) from 170 to … read more »
Jun 13, 2018

Tata Steel Workers question Thyssenkrupp joint venture

Jun 13, 2018
Tata Steel’s European Works Council (EWC) has said it remains unconvinced by a planned joint venture with Thyssenkrupp, increasing the likelihood that the deal will be delayed. The EWC said … read more »
Jun 13, 2018

ABB chief warns over Trump’s steel tariffs

Jun 12, 2018
ABB chief executive Ulrich Spiesshofer has warned that thousands of jobs could be at risk if President Donald Trump continues with his plan to impose new tariffs on steel and … read more »
Jun 12, 2018

Cobra signs $900 million Puerto Rico power contract

Jun 11, 2018
Cobra Acquisitions LLC has signed a one-year $900 million contract with the Puerto Rico Electric Power Authority (PREPA) to help rebuild the country’s damaged energy infrastructure. Cobra, a wholly-owned subsidiary … read more »
Jun 11, 2018

Private equity firm acquires majority interest in Sunbelt Transformer

Jun 7, 2018
Private equity firm Trilantic North America announced that it has acquired a majority interest in Sunbelt Transformer (“Sunbelt” or the “Company”), a provider of power solutions, equipment, and services to … read more »
Jun 7, 2018

MasTec wins $500 million to restore Puerto Rico Electric Supply

Jun 7, 2018
The Puerto Rico Electric Power Authority (PREPA) has awarded MasTec with a $500 million agreement to restore their electric supply after Hurricane Maria. Under the master services agreement (MSA), MasTec … read more »
Jun 7, 2018