
Hyosung HICO invests $51 M in Memphis transformer facility
The $51 million investment will add 123 new jobs to Hyosung HICO’s US transformer manufacturing hub in South Memphis, boosting local energy sector capacity.
The $51 million investment will add 123 new jobs to Hyosung HICO’s US transformer manufacturing hub in South Memphis, boosting local energy sector capacity.
Major US-Saudi energy deals highlight the strategic role of investment in driving shared growth, clean power goals, and advanced energy technology.
MOL joins Taiwan’s Feng Miao wind farm with a 10 % investment, aiming to expand its renewable energy role and support offshore construction efforts.
Hibbing Public Utilities proposes a 5 km 115 kV line and substation to strengthen grid reliability.
Power transformer manufacturer Delta Star is investing $35 M in Lynchburg facility expansion, creating hundreds of new manufacturing and engineering roles.
Over the next four years, Entergy Louisiana will be investing more than $400 M to upgrade approximately 1170 km (730 mi) of distribution and transmission lines across the region.
Microsoft warns that UK grid delays could derail its $3.2 B data centre investment, risking setbacks for AI and cloud infrastructure expansion.
The investments will be carried out through a 50-50 partnership across 25 GW worth of new-build power generation and energy infrastructure.
Electrica shareholders have approved a €253 million investment in the Crucea Est wind farm in Constanța.
GE Vernova Inc. aims to invest nearly $600 million in factories and facilities in the USA over the next two years to meet electricity demand around the world.
Hitachi Energy will invest €30 million to relocate and expand its dry-type transformer facility in Zaragoza, Spain.
Romania’s national transmission company Transelectrica will implement a development plan for the transmission network worth RON 9.49 billion ($1.95 billion).
Iberdrola has presented its il.lumina project, in which it will invest €100 million for the redesign of the distribution network affected by Storm Dana on October 29th.
Hitachi Energy is investing in a renewable energy generation plant next to its factory in Figeholm, Sweden, thus marking a step toward becoming carbon neutral.
Hitachi Energy is investing over 1.1 billion CZK (approximately $47 million) to expand its high-voltage products factory in Brno, Czech Republic.
DTE Energy will construct three new substations as part of its strategy to reduce power outage frequency by 30% and outage time by half by 2029.
Vattenfall plans to invest €5 billion ($5.34 billion) in climate-friendly energy products in Germany in the coming years.
The EBRD will invest up to €100 million ($110.4 million) in equity into Green Genius to support the renewables developer and power producer’s growth plans.
WEG will invest approximately R$670 million ($122.7 million) in its transformer and electric motor businesses.
Hitachi Energy has announced an investment of over $200 million to significantly enhance its operations in Brazil.
Hitachi Energy has announced an investment of over €80 million ($87 million) to expand its transformer operations in Spain.
The investments will help the company to meet customers’ commitments and market demand.
While some of the money may come from the Just Transition plan that wealthy nations have pledged to back with funding, private funding is also being considered.
This includes the first five awards totalling $139 million under the Powering Affordable Clean Energy (PACE) program and $2.2 billion in funding to 39 projects.