China: Five months after Baoding Tianwei Group became the first state-owned Chinese company to publicly default on a bond payment, the Chinese manufacturer of power transformers will apply for bankruptcy protection, reports Reuters.
Japan, Tokyo: IEEE Standards Association, a global standards development organisation has approved IEEE Std™ C57.163, a standard providing a guide for establishing power transformer capability while under geomagnetic disturbances.
Romania, Bucharest: Romania’s electric power supplier Electrica announced its $135 million (€121 million) investment plan for 2015, and an investment plan of $800 million (over €715 million) until 2018 for modernization of medium voltage lines, transformer stations, and a development of a general asset management plan.
Poland, Opole: Poland’s largest power plant, situated in Opole in the southwest of the country, will be modernized with new energy efficient power transformers.
United Kingdom, London: A new report on global converter transformer market is now available, titled “Converter Transformer Market – by Configuration, Voltage level, Application, Power rating, and by Region – Global trends and forecast to 2020”.
London/Brussels: The European Union will set a minimum price for imports of a grade of electrical steel from China, Japan, Russia, South Korea and the United States, while retaining the right to impose tariffs, reports Reuters.
Switzerland, Zurich: ABB has won orders worth around $30 million for the construction of a new 400 kV substation to power a new steel complex in Algeria’s north-eastern Jijel province.
United Kingdom, Worcestershire: Bromsgrove-based power transformer manufacturer Bromsgrove Winding Services (BWS) has announced expansion of its factory and workforce.
Austria, Reinach/Oed: ASTA-Group, a supplier of copper wires for the high-energy market and a member of Montana Tech Components AG (MTC), has announced the acquisition of PPE, a Brazilian producer of copper and aluminium wires.
France: Toshiba T&D Europe has awarded Alstom with a contract to supply its high voltage equipment for the power transmission interconnection between Italy and Montenegro.
Kenya, Kiambu: The Kenya Power Company has recently put up 26 transformers in Thika city East and Thika West districts in Kiambu County, aiming to increase power supply.
USA, Washington D.C.: The World Bank has approved a $400 million interest-free credit from the International Development Association (IDA) to provide financing and technical assistance for Myanmar’s National Electrification Plan (NEP).
USA, New Jersey: Jinpan International Limited, a Chinese manufacturer of cast resin transformers, has announced reception of a preliminary bid from its CEO Li Zhiyuan, and Forebright Smart Connection Technology Limited for the acquisition of the outstanding common shares of the company.
Russia, Moscow: MOESK is investing over $10 million into an upgrade of its 110 kV Lomonosovo substation located in the western part of Moscow.
The Philippines, Pangasinan: The National Grid Corporation of the Philippines (NGCP) targets to finish the construction of its new substation in Barangay Balingueo in Sta. Barbara town by March 2016 to keep up with the growing demand for power in the province.
Pakistan, Lahore: The U.S. Agency for International Development (USAID) Mission Director to Pakistan, John Groarke, inaugurated two new autotransformers for the 220 kV grid station Mardan in Khyber Pakhtunkhwa, Pakistan.
Sweden, Stockholm: Munksjö Paper AB, one of the leading insulating Kraft paper producers, today officially inaugurated their newly installed crepe machine.
Russia, Samara: Togliatti Transformer, one of the largest manufacturers of high-voltage power transformers in Russia, is enlarging its portfolio to include production of the equipment for wind power generation.
Russia, Sakha Republic: RusHydro and RAO Energy System of East have begun the installation of power transformers at the construction site of the first stage of a new power station in Yakutia, Yakutsk GRES-2.
A new report titled “Global Power and Distribution Transformers Market Forecast & Opportunities, 2020” report has been announced, providing discussion on global power and distribution market size, share and forecast, segmental analysis by ratings and region, changing market trends and emerging opportunities, and strategic recommendations.
USA, Massachusetts: National Grid Saudi Arabia has contracted Doble Engineering Company, Watertown-based provider of diagnostic instruments and services, to provide support services for a new phase of its power grid reliability initiative, expanding transformer health initiatives into additional regions.
Switzerland, Zurich: ABB has won orders worth around $18 million to provide turnkey solution encompassing the design, supply, installation and commissioning of the power plant electrification and automation systems, the pooling stations and multiple substations for solar power plants being built as part of India’s push for solar energy and renewables.
India, Pune: The report “Dry Type Transformer Market by Technology (Cast Resin, Vacuum Pressure Impregnated), by Phase (Single-Phase, Three-Phase), by Voltage (Low, Medium), by Application (Industrial, Commercial, Others), by Geography – Global Forecast to 2020” has been published by Markets and Markets.
Switzerland, Basel: Haefely Hipotronics, a Switzerland-based high voltage test equipment and system solutions provider, has appointed EAYDIN Engineering Consulting & Trading Inc. as its authorized representative for the industry sector in Turkey.