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Chinese takeover of Chilean utility approved

Apr 8, 2021
Chile’s competition regulator has approved a $3 billion takeover by China’s State Grid International Development of Spanish power company Naturgy’s Chilean unit Compania General de Electricidad (CGE). Spain’s Naturgy said … read more »
Apr 8, 2021

Siemens Energy to help stabilise Sudan grid for Egypt power export

Mar 30, 2021
The Egyptian Electricity Transmission Company and the Sudanese Electricity Transmission Company have awarded Siemens Energy with a contract to build grid stabilization stations in Sudan which will stabilize the grid … read more »
Mar 30, 2021

H2scan Names Bill Whitehead International Accounts Sales Director for Transformers

Mar 24, 2021
H2scan, a leading provider of proven, proprietary hydrogen sensors and technologies for utilities and industrial markets, has announced it has named Bill Whitehead as its new International Accounts Sales Director … read more »
Mar 24, 2021

Energo Veritas wins transformer order

Mar 11, 2021
Energo Veritas has won a tender to provide Estonian utility Enefit Connect with new transformers. The contract to supply state-owned energy provider Eesti Energia’s subsidiary, Enefit Connect, with hermetic distribution … read more »
Mar 11, 2021

Siemens to install 22 transformers at offshore wind farm in China

Mar 10, 2021
Siemens Energy has announced it will install 22 units of distribution transformers at China’s first commercial 66 kilovolts (kV) offshore wind farm, Yuhuan Offshore Wind Power Project Phase 1, located … read more »
Mar 10, 2021

Deutsche Boerse announces Siemens Energy as new member of stock index DAX

Mar 4, 2021
Deutsche Börse has announced the addition of Siemens Energy to the stock index DAX. A few months after listing in the Prime Standard of the Frankfurt Stock Exchange, Siemens Energy … read more »
Mar 4, 2021

BO ASKVIK APPOINTED PRESIDENT AND CEO OF NYNAS

Mar 3, 2021
The Board of Nynas AB has now appointed Bo Askvik as President and CEO of Nynas on a continuing basis with immediate effect. In January 2019 the Board of Nynas … read more »
Mar 3, 2021

Niagara Power Transformer: 95 years of experience and expertise

For nearly 100 years Niagara has been designing and manufacturing transformers in Buffalo, New York. We have shipped over 75,000 transformers to 90 different countries in our 95+ year history. … read more »
Mar 1, 2021

Megapolis Invest to increase share in Elektrozavod

Feb 23, 2021
The joint venture of Sistema and Sber has increased its stake in transformer manufacturer JSC Elektrozavod. LLC Megapolis Invest, a joint venture between Sistema and LLC Sberbank Investments, has signed an … read more »
Feb 23, 2021

Heavy Electrical Complex to be privitised by June

Feb 22, 2021
The government of Pakistan has reportedly shortlisted investors for the privatisation of transformer manufacturer Heavy Electrical Complex. Officials told a weekly meeting on privatisation transactions that 12 expressions of interest … read more »
Feb 22, 2021

Thyssenkrupp ends talks with UK’s Liberty on steel business sale

Feb 18, 2021
German conglomerate Thyssenkrupp said on Wednesday it had ended talks to sell its steel division to Britain’s Liberty Steel, citing differences over value and structure in a potential deal. “We … read more »
Feb 18, 2021

STL inaugurates power transformer plant

Feb 8, 2021
Bangladesh-based company Sylvan Technologies Limited, a sister concern of PRAN-RFL Group, has started manufacturing power transformers in its factory at Habiganj Industrial Park at Olipur in Sayestaganj Upazila under Habiganj … read more »
Feb 8, 2021