Hawaii, Honolulu: Hawaii State Department of Transportation (DOT) is running an Airport Energy Savings Program which includes energy reduction projects at 12 state airports, and is expected to result in nearly $500 million in energy cost savings during a 20-year period.
Luxembourg: The European Investment Bank (EIB) has signed a financing agreement worth $72 million to fund the development of energy projects in Jordan.
ABB’s biggest shareholder investor AB raised its stake to 10.03 percent, continuing to steadily increase its holding in the Swiss engineering group.
India, Mumbai: Power Transmission & Distribution division of Larsen & Toubro Limited has won substation construction orders in the international and domestic markets worth $115 million in total.
USA, New Hampshire: Aclara Technologies LLC, St. Louis-based supplier of smart infrastructure technologies to electric, water and gas utilities, has announced that its affiliate has signed a definitive agreement to acquire the electricity meters business currently operating within GE Energy Management’s Grid Solutions subdivision, along with the General Electric plant in Somersworth, New Hampshire.
Germany, Winterbach: Pfisterer, German provider of cable systems and pluggable connections, has recently exhibited its pluggable Connex system – a connection solution for the construction of compact power transformers.
Brazil: Brazil’s chamber of foreign trade, Camex, has reduced existing definite anti-dumping duties on the imports of non-oriented grain (NOG) electrical flat steel from China, Taiwan and South Korea.
USA, Oregon: Pacific Power is building a 500 kV Snow Goose substation in Klamath Falls, Oregon, a project estimated to cost more than $60 million.
France, Paris: With the completed acquisition of Alstom’s power and grid businesses, GE Digital Energy and Alstom Grid have combined to form Grid Solutions, a GE and Alstom joint venture.
USA, Los Angeles: Southern California Edison, U.S. second-largest investor-owned utility, plans to invest $12 billion over the next three years to modernize the electric grid.
Kazakhstan, Astana: Kazakhstan plans to build its first plant for the production of power transformers within the National Champions program, reports Azer News.
South Africa, Mpumalanga: South Africa’s electric utility Eskom has installed and commissioned a new transformer at the Acornhoek substation in Bushbuckridge as part of its plans to upgrade electricity infrastructure and boost the power supply in Northern Mpumalanga.
The American Iron and Steel Institute, the Steel Manufacturers Association, the Canadian Steel Producers Association, CANACERO (the Mexican steel association), Alacero (the Latin American steel association), EUROFER (the European steel association,) Instituto AcoBrasil (the Brazil Steel Institute), the Specialty Steel Industry of North American and the Committee on Pipe and Tube Imports have released a joint statement regarding concerns about China’s attempt to gain market economy status in December 2016.
Bulgaria, Sofia: Transformers and tap changers manufacturer Hyundai Heavy Industries Co. Bulgaria (HHIB) has received approval for its product range by the Middle Eastern power utility company Saudi Electricity Company (SEC) – National Grid SA.
Japan, Tokyo: The Japanese Ministry of Finance (JISF) has commented on the anti-dumping measures imposed by the European Commission on grain-oriented electrical steels (GOES) imported from Japan.
Russia, Lipetsk: Lipetsk Region Governor, Oleg Korolev, has signed the 2016-2020 power development scheme for the Lipetsk region, valued at nearly $150 million (9.5 billion rubles).
Ireland, Dublin: Research and Markets has announced the addition of the “North America Solid State Transformer (SST) Market by Application, by Product, by Component, and by Geography – Analysis and Forecast to 2020” report to their offering.
Nigeria, Abuja: Nigeria’s National Agency for Science and Engineering Infrastructure (NASENI) in partnership with the China Great Wall plans to build a transformer manufacturing plant in Nigeria.
United Kingdom, West Yorkshire: Winder Power, Pudsey-based manufacturer of power and distribution transformers has recently completed a project with e.on Energy UK for the manufacturing and installation of a 50 MVA generator transformer for the company’s Brunner Mond soda ash works in Winnington.
USA, West Virginia: FirstEnergy is building a new $63 million substation to help support the oil and gas industry, but also to improve service for customers in three counties in West Virginia.
USA, Maryland: Maryland electric utilities Ocean Pines and Choptank Electric Cooperative installed a third transformer in the community this year to serve growth in Ocean Pines.
The European Bank for Reconstruction and Development (EBRD) has granted $220 million (€200 million) loan to Serbian state-owned power utility Elektroprivreda Srbije (EPS) to reform the country’s power sector.
India, Chandigarh: Chandigarh Administration is planning to upgrade its ageing electricity infrastructure and improve power supply in the city with proposed projects worth around $23 million to be implemented in a period of three years.
USA, New York: A new market report titled “Traction Transformer Market in Europe 2015-2019” has been made available.