UK to invest up to $300 M in Africa

UK: CDC Group, the UK government’s foreign investment arm, has announced it will invest $300 M in power grid development in Africa over the next five years.

42 tonne transformers installed in Kent

UK: The town of Maidstone in Kent gets a power boost as engineers install 42 tonne transformers at electricity substation in $5.7 M (£5.1 M) project.

USD 851M Hinkley-Seabank transmission project approved

United Kingdom: The Office of Gas and Electricity Markets (Ofgem) has approved the UK National Grid’s Hinkley-Seabank project, which is a power grid upgrade needed for connecting the 3.2 GW Hinkley Point C nuclear power station to the grid.

Future of Port Talbot steelworks to be decided within four weeks

After departure of Cyrus Mistry, interim chair Ratan Tata is reviewing site as sources say he is keen to keep UK operations

United Kingdom, London: Tata is preparing to make a decision about the future of the Port Talbot steelworks within four weeks after the Indian conglomerate ousted Cyrus Mistry as its chairman, with the company edging towards keeping its UK operations.

How will Brexit affect UK and EU steel industry?

Belgium, Brussels: As the United Kingdom decided to leave the European Union in a national referendum, European Steel Association warns that Brexit might represent another blow to the UK steel industry, its value chains and the wider economy, and have far reaching effects on the European steel sector.

Liberty to bid for Tata’s UK business

United Kingdom, London: Liberty House plans to submit a formal bid to buy Tata Steel’s UK assets, including the Port Talbot works employing about 4,000 people.

Pad-mounted Transformer Market to grow at 5.21% by 2020

United Kingdom, London: A new market research report titled ”Pad-mounted Transformer Market by End User, by Phase, by Rated Power, by Insulation Type & by Region – Global Forecast to 2020” is available.

Tata Steel starts sales process for UK plants

United Kingdom, London: Tata Steel is beginning the formal process of selling its loss-making UK steel empire today, inviting potential buyers to submit offers, reports Sky News.

China imposes tariff on EU steel imports

United Kingdom, London: The Chinese government has announced it will impose the tariff on grain-oriented electrical steel imports from the European Union, South Korea and Japan, saying imports from abroad were causing substantial damage to its domestic steel industry.

Winder Power appoints new Group Manufacturing Director

United Kingdom: Winder Power, UK’s manufacturer of power and distribution transformers, has announced the appointment of Keith Robertshaw as the Company’s Group Manufacturing Director, effective from 1 April 2016.