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Tempel Steel wins FMA safety award

Apr 22, 2019
Tempel Steel has been awarded with the 2019 Rusty Demeules Award for Safety Excellence by the Fabricators & Manufacturers Association, International and CNA. Tempel Steel manufactures magnetic steel laminations used … read more »
Apr 22, 2019

Eaton acquires Turkish grid equipment manufacturer

Apr 18, 2019
Energy management firm Eaton has acquired control of a Turkish grid equipment manufacturer. Eaton completed the acquisition of its 82.257-percent stake in Ulusoy Elektrik Imalat Taahhut ve Ticaret. Based in … read more »
Apr 18, 2019

ABB names Peter Voser as interim CEO, Spiesshofer steps down

Apr 17, 2019
ABB Chief Executive Ulrich Spiesshofer has quit the Swiss industrial group as the board and major shareholders look for a speedier turnaround at the maker of industrial robots and supplier … read more »
Apr 17, 2019

Wilfried Breuer joins the MR management board

Apr 9, 2019
Effective 1 April 2019, Wilfried Breuer joined the management board of Maschinenfabrik Reinhausen GmbH (MR). Breuer, born in 1965, was recently a member of the Executive Board of European grid … read more »
Apr 9, 2019

Thyssenkrupp and Tata Steel run out of room for more JV concessions

Apr 4, 2019
Thyssenkrupp and Tata Steel have expressed that there is little scope for making more concessions to try to win regulatory approval for a planned joint venture. The firms, which have … read more »
Apr 4, 2019

South African power sector to receive almost $1 billion in loans from New Development Bank

Apr 3, 2019
South African power utility Eskom is set to receive over half of the $790 million in loans granted from the New Development Bank (NDB). Eskom is battling for its survival … read more »
Apr 3, 2019

SensgearTM & Sensformer® advanced: Born connected 2.0

Apr 2, 2019
After the introduction of Sensformer®, the digital transformer portfolio, Siemens now also goes digital with their switchgear portfolio. By launching SensgearTM, substation operators benefit from an optimized grid management, more … read more »
Apr 2, 2019

Enmax to buy Emera Maine for $959 million

Mar 29, 2019
Canadian utility Enmax Corp has agreed to buy Emera Inc’s electric transmission and distribution unit in Maine for nearly $959 million. According to sources, the deal will include the acquisition … read more »
Mar 29, 2019

Powerstar forms transformer partnership with Thorne & Derrick

Mar 22, 2019
Powerstar, a UK manufacturer of smart energy solutions, has announced a new partnership with Thorne & Derrick International to help bolster its smart transformers offering for energy-conscious businesses. The partnership … read more »
Mar 22, 2019

NTPC and Power Grid Corp to form pan-Indian distribution joint venture

Mar 18, 2019
NTPC Ltd and Power Grid Corp. of India Ltd have agreed to set up the National Electricity Distribution Company, a pan-Indian power distribution firm in an equal joint venture. The … read more »
Mar 18, 2019

GE T&D to Set Up High-Voltage Substation in Gujarat’s Bhuj to Evacuate 2.5 GW of Wind Power

Mar 11, 2019
The Power Grid Corporation of India Limited (PGCIL) has awarded a contract worth around $22.87 million to GE T&D India Ltd. to extend a 765 kV air-insulated substation (AIS) and … read more »
Mar 11, 2019

M&I Materials opens ester transformer fluid manufacturing plant in India

Mar 8, 2019
M&I Materials has opened its ester transformer fluid manufacturing plant and state-of-the-art laboratory near Mumbai, India. The move creates a high quality, local supply chain of the company’s MIDEL ester … read more »
Mar 8, 2019