#modernisation

The India power and distribution transformer market was valued at $4.50 B in 2025 and is expected to reach $6.37 B by 2031, rising at a CAGR of 5.81 %.

The global green power transformer market is expected to reach $1.8 B by 2030, growing at a CAGR of 6.9 % from 2025 to 2030.

The Bulgarian facility adopts SAP S/4HANA four months after ENPAY’s initial rollout in Turkey’s Kullar plant.

Montenegro’s CEDIS will modernise substations, install smart meters, and improve grid reliability through €30 M investment and major international funding.

The global transformer core market size is expected to reach 12.7 B, growing at a CAGR of 3.1 % between 2025 and 2034

Ignacio Galán presents plans to invest over $20 B in the US grid infrastructure by 2030.

Caverion has been selected for the modernisation of Finland’s Vuolijoki substation.

ANDE has reached 60 % completion of the expansion, modernization and interconnection works of the Alto Paraná substation, located in Ciudad del Este.

Portugal, Lisbon: The European Investment Bank (EIB) is to lend €450 M to Redes Energéticas Nacionais SGPS, S.A. (REN) for Portuguese power grid upgrades.

The Biden administration is to provide the $13 B funding to support the expansion and modernisation of the national power grid.

Spain: Red Eléctrica de España (REE), the company that manages the energy network in Spain, chose Efacec to modernize its power transmission grid.

Germany, Frankfurt: The operator TenneT is modernizing the power supply.

Finland, Fingrid Oyj, a Finnish transmission system operator, is modernizing approximately 112 km of 110-kV power lines and two substations in North Karelia.

Russia, Moscow: MOESK has completed a major reconstruction of the 220 kV Central Substation increasing its capacity by 30%.