Business News
Siemens Energy’s debut on the stock market
Germany, Munich: Siemens Energy AG began trading on the Frankfurt Stock Exchange on 28 October 2020.
AUDA-NEPAD and AfDB report new milestone in Africa’s energy masterplan
AUDA-NEPAD and the ADB have released recommendations of a baseline study that looked into the development of a continental transmission network.
Markbygden delivers 370-tonne transformer to Piteå
A new 400/150 kV, 800 MVA autotransformer arrived on 28 October to Markbygden substation outside the city of Piteå.
WPD first in UK to install outage-mitigation device
UK: Utility installs S&C’s TripSaver® II Cutout-Mounted Recloser at 10 sites throughout its service territory.
Peek into the Transformers Magazine Special Edition on Digitalization!
FAN ZHANG ET AL.: VIBRATION-MEASUREMENT-BASED CONDITION MONITORING
TA: L2 Transformer Condition Assessment Course – e-lesson #1: Introduction – open for registration!
The live e-lesson will be held on 13 November at 3 PM CET.
Eskom’s Kusile Unit 2 achieves full commercial operation
South Africa’s power utility, Eskom, announced that Unit 2 at the Kusile Power Station has attained commercial operation status.
Dubai to spend $23 B on electricity sector in next five years
Dubai’s electricity sector will require total investment of $23 B (AED86 B) over the next five years for new projects and infrastructure upgrades.
KKR launches renewable energy platform tn India
Global investment firm KKR today announced the launch of Virescent Infrastructure, a newly created platform to acquire renewable energy assets in India.
TA: OLTC Course – lesson #1: On-load tap-changer basics – available on demand!
The live e-lesson was held on 28 October at 2 PM CET.
Kuwait Steel Rolling Mill to get Hitachi ABB Power Grids’ digital transformer
Kuwait, Kuwait City: The TXpert™ Enabled digital distribution transformer by Hitachi ABB Power Grids will power Kuwait Steel Rolling Mill-1, Transformer No. 2.
GreenCo closes $1.5 M investment to empower operations in Zambia
GreenCo announced the investment of $1.5 M by Denmark’s Investment Fund for Developing Countries and Private Infrastructure Development Group’s InfraCo Africa.
Cambodia approves electricity projects worth $830 M
Cambodia, Phnom Penh: The Cambodian government has approved more than $830 M worth electricity infrastructure projects.
Scout Clean Energy completes construction of 130 MW wind farm
Scout Clean Energy, a Colorado based renewable energy developer, owner and operator, has completed construction of 130 MW Bitter Ridge Wind Farm in Indiana.
ReneSola Power and Novergy to co-develop solar projects in UK
ReneSola Ltd and Novergy announced they have entered into a strategic partnership to co-develop utility-scale projects in the UK.
Florida Power and Light touts $5 B spent on grid reliability efforts
FPL is investing in the grid, looking to make it smarter and more resilient in the face of successive storms, in an effort worth $5 B.
Welkom plunged into darkness as storm topples Eskom towers
South Africa, Welkom: Two critical Eskom electricity towers were severely damaged by recent storms near Welkom, leaving the city powerless on 26 October.
TA: E-lesson Total gas pressure for automated transformer condition assessment – open for registration!
The most reliable and intuitive method on the market
Solar meets South Australia’s total energy demand for first time
Australia hit a renewable energy milestone early in October when solar power provided 100 % of South Australia’s energy needs for a whole hour.
Hitachi ABB to support largest solar venture in Angola
Switzerland, Zurich: Hitachi ABB Power Grids has been contracted by MCA to contribute to the development of Sub-Saharan Africa’s largest photovoltaic project.
Fingrid’s new Simojoki substation
Finland, Simo: Wind power production is growing strongly in Finland, particularly focusing on western and northern Finland.
Formal exit from Nynas reorganisation initiated
Sweden, Stockholm: Swedish oil specialist Nynas has announced completion of their reorganisation
Western Power’s power digitisation receives national recognition
Australia, Perth: Western Power’s innovative digital substation pilot has won the national Digital Utility of the Year – Energy Award.
Ørsted and Eversource announce to develop new offshore wind farm
Ørsted and Eversource announced on 20 October their joint proposal to develop Sunrise Wind 2, a new offshore wind farm for New York State.
