India: India’s power transmission company Sterlite Power has won six new transmission concessions in the recently concluded auction for transmission projects in Brazil, which is an investment worth around $1 billion.
Canada, Ontario: In North York, an administrative area of Toronto, some 35,000 people were without power at the peak of the outage caused by a transformer fire at the Hydro One substation at Finch Avenue.
South Africa, Johannesburg: Allied Electronics Corporation Limited (Altron) has finalised the disposal of its 80% interest in Powertech Transformers to a consortium comprising of SGB-SMIT and local-owned Power Matla Group.
Turkmenistan: In order to ensure uninterrupted power supply to consumers across Turkmenistan, the country is planning to create a ring power system with new transmission lines and substations to be built.
Germany: German electric utility company E.ON has completed the sale of its 46.65% stake in the energy company Uniper to Fortum for €3.8 billion ($4.4 billion).
Egypt: Egypt’s largest original equipment manufacturer of medium-voltage equipment, EGEMAC, requested ABB to supply several thousand medium-voltage air insulated indoor switch-disconnectors type NAL/NALF to improve network performance and reduce energy waste.
Sweden: ABB is investing over $30 million in a new manufacturing unit for transformer components in Ludvika, Sweden.
Bangladesh: The Asian Development Bank (ADB) has approved a $500 million loan for the development of an 800 MW power plant in Khulna, Bangladesh along with the associated power transmission facilities.
Nigeria, Ogun State: The Transmission Company of Nigeria (TCN) has installed another power transformer at the Ijebu-Ode transmission substation in the state of Ogun, increasing the substations’ capacity from 60 MVA to 120 MVA.
USA, Boston: GE announced that it has signed an agreement to sell its Distributed Power business to Advent International, a global private equity investor, for $3.25 billion.
The World Bank has approved a $455 million credit for the construction of critical high-voltage transmission infrastructure in Tanzania that will support electrification of the southern and northwestern regions of the country.
Switzerland, Zurich: ABB will supply the complete electric power and propulsion package for the Virgin Voyages’ new cruise ship due for delivery in 2020, which will be the first of a fleet of three innovative ships designed and built with environmental responsibility in mind.
According to a recent research report by Global Market Insights, the global power transformer market size will be fostered by multi-billion investments in new and existing energy infrastructure, including smart grid expansion and efforts to sustain a soaring electricity demand across Africa.
Nigeria, Abuja: The Central Bank of Nigeria (CBN) has approved funds to be provided to power distribution companies in the country for the purchase and installation of over 500 transformers.
USA, Georgia: Expansion works at Plant Vogtle, a nuclear plant located in Burke County, Georgia is about 50 percent complete, with the latest milestones including placement of four main transformers, according to the statement released by Georgia Power.
Nigeria’s Minister of Works, Power and Housing, Mr Babatunde Raji Fashola is set to commission two giant power transformers as part of the government efforts to address power outage problems in Kaduna State.
Kenya Power has commissioned a $128M gas-insulated substation (GIS) in Nairobi, a modernized indoor 220 kV substation that will replace the 50-year-old facility at Juja Road, boosting power transformer capacity by more than 50 percent.
Juan Ignacio Diaz has been appointed new CEO of Siemens Mexico, Central America, and Caribbean, effective 1 June 2018, Siemens announced in a press statement.
USA, Washington: After a sudden shutdown due to transformer fault, Columbia Generating Station near Richland reconnected to the regional power grid last week.
Ameren Transmission Company of Illinois (ATXI) has started construction on the Mark Twain Transmission Project, a 345 kV transmission line and substation being built in northeast Missouri.
Nepal: Upper Tamakoshi Hydropower Company, a subsidiary of Nepal Electricity Authority (NEA) and the developer of the Upper Tamakoshi Hydropower Project, has completed construction of over 80 percent of the 220 kV Gongor-Khimti Transmission Line Project, reports Kathmandu Post.
Russia: FESCO Transportation Group (FESCO) has transported three power transformers from Novorossiysk, a port city on the Black Sea, to the installation sites at the Moscow central heating and power plants (CHPP).
A Market research company Frost & Sullivan announced the release of its Global Power Industry Outlook report, which forecasts the solar and wind sources of energy to dominate power generation additions through to 2021
Egypt is working on power connection projects with Cyprus and Greece, which will see the country’s electricity network interconnect with the power grid in Europe.
