International News
Sumitomo Electric acquires majority stake in German cable maker
Sumitomo Electric has announced the acquisition of majority shareholding in Südkabel – a prominent high-voltage cable manufacturer in Germany.
Siemens Energy chosen to future-proof Denmark’s electricity grid
- May 17, 2024
Siemens Energy and Danish state-owned power utility Energinet have announced a 1.4 billion euro framework agreement to renew Denmark’s energy infrastructure.
Sumitomo Electric receives order for HVDC cable project in Japan
- May 10, 2024
Sumitomo Electric Industries Ltd announced that that it has received the contract for a 250kV HVDC cable link in Japan.
GE Vernova to supply STATCOM technology to Taiwan
- May 7, 2024
GE Vernova’s Grid Solutions business, together with TECO Electric and Machinery Co (TECO), celebrated the ground-breaking of the ZhangGong Step-up Substation and the YongXing Switchyard in central Taiwan in Changhua County.
GE Vernova completes spin-off, to begin trading on NYSE
- Apr 2, 2024
GE Vernova has announced that its spin-off from GE is complete and it will begin trading as an independent company on the New York Stock Exchange (NYSE) under the ticker symbol “GEV,” effective at the market opening on April 2, 2024.
Siemens expands EV charging portfolio with launch of 400kW “SICHARGE D”
- Mar 21, 2024
Siemens Smart Infrastructure has introduced an additional variant of its SICHARGE D electric vehicle (EV) fast charger, with a maximum output of 400kW for IEC markets.
NKT wins order for high-power cables from Amprion
- Mar 5, 2024
German transmission system operator Amprion has selected NKT to provide high-voltage alternate current (AC) and direct current (DC) onshore power cable systems for the ongoing expansion of the German power grid.
GE Vernova collaborates with Dragos for grid cybersecurity
- Feb 27, 2024
GE Vernova’s Grid Solutions business and Dragos Inc. have announced a technology partnership to offer holistic cybersecurity solutions by combining their respective expertise in grid automation and operational technology (OT) cybersecurity.
Siemens Energy to manufacture power transformers in US
- Feb 15, 2024
Siemens Energy will be investing $150 million to expand its Charlotte manufacturing plant in North Carolina, US, Post expansion, the Charlotte plant will manufacture power transformers, making it Siemens Energy’s first transformer manufacturing unit in the US.
Linxon commissions Abraj substation in Dubai
- Jan 24, 2024
In a project awarded by the Dubai Electricity and Water Authority (DEWA), Linxon has successfully designed, supplied, constructed, installed and commissioned the 8-bay 132kV Abraj gas insulated substation (GIS).