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These are the most read news articles of 2024!
The Transformers Magazine team is excited to share the most read news articles that captured the interest of our readers in 2024.
The Transformers Magazine team is excited to share the most read news articles that captured the interest of our readers in 2024. From innovations to collaborations, challenges to breakthroughs, announcements to acquisitions, here are the 15 articles that kept the transformer community clicking, reading, and sharing, starting from the most read!
1. Think Tank Report on Transformer Industry Trends
The Transformer Champions Club released a comprehensive report detailing the key takeaways from the Transformers Magazine’s Industry Navigator conference and the Investments 2024: Outlook to 2033 report.
2. Hitachi Energy’s new CEO
Hitachi Energy officially announced the appointment of their new CEO Andreas Schierenbeck, who succeeded Claudio Facchin.
3. Shell completes MIDEL purchase, appoints New as Managing Director
Shell Lubricants (Shell) completed its purchase of ester fluid businesses MIDEL and MIVOLT from M&I Materials Ltd.
4. MR acquires Easun-MR Tap Changers (Pvt.) Ltd
MR has announced the acquisition of Easun-MR Tap Changers (Pvt.) Ltd. (EMR), a former joint venture company.
5. Quanta buys Pennsylvania transformer manufacturer for $300 M
Utility infrastructure company Quanta Services Inc. paid aproximately $300 million for Pennsylvania Transformer Technology LLC.
6. KONČAR and Siemens Energy’s new joint venture
KONČAR and Siemens Energy formed KONČAR – Transformer Tanks (KTK), which will focus on manufacturing transformer tanks.
7. Sale of Trench successfully completed
The sale of Trench from Siemens Energy to Triton was successfully completed in April.
8. Hitachi Energy’s €30 M for transformer factory
Hitachi Energy announced an investment of over €30 million in its power transformer manufacturing facility in Bad Honnef, Germany.
9. COMEM acquires Weidmann OPTOCON
COMEM announced that its acquisition of Weidmann OPTOCON, a company specializing in fiber-optic temperature measurement systems.
10. Dangerous transformer shortage in the USA
This article from 2023 has managed to stay relevant in 2024, as transformer shortage remains a challenge for the industry.
11. Prolec GE invests $85 M in transformer manufacturing capacity
Prolec GE plans to double its single-phase pad-mount transformer manufacturing capacity with new facility.
12. Introduction to transformers: Register for a new e-lesson available
Sponsored by the H-J Family of Companies, this lesson stands out as the most read from our Transformers Academy education content.
13. Voltamp to complete new facility in 2026
Voltamp Transformers Ltd said it expects to complete the construction of its new transformer manufacturing facility by July 2026.
14. $1.5 B order for Siemens Energy in Saudi Arabia
Siemens Energy will supply key power plant technologies that will provide almost 4 GW to the Saudi Arabia.
15. US: Restrictions on distribution transformers
The Biden administration finalized energy efficiency regulations for distribution transformers, with the DOE saying that the regulations would help accelerate the development of green energy nationwide and form part of the Biden administration’s “commitment to tackling the climate crisis”.
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