#Germany


Germany will need to invest $59 billion in transmission

Germany’s four transmission grid operators have published their proposal for the 2030 electricity grid, including 1,600 kilometres of new power lines and updating another 2,900 km. The cost of this proposal is estimated to be $ 59 billion.

German bank to buy 20% stake in 50Hertz

Germany: German state-owned bank KfW has agreed to acquire 20% stake in Eurogrid International, the holding company of German transmission system operator (TSO) 50Hertz, on behalf of the German Federal Government.

Germany to provide $35.5M to Ukraine for transformer upgrades

Germany will assist Ukraine with a $35.5 million (€32.5 million) loan for the implementation of the second phase of the power transmission upgrade project aimed at increasing energy efficiency through modernization of transformer substations.

Berlin Europa-Centre fire might be caused by faulty transformer

Germany, Berlin: A fire broke out on 11 October on the roof of the Europa-Center, a landmark shopping centre in Western Berlin, recognizable by a rotating Mercedes-Benz star, which might have been caused by a faulty transformer, European media report.

MR invests in a start-up developing next-gen voltage regulators

Germany: German power regulation company Maschinenfabrik Reinhausen GmbH (MR) has invested in Gridco Systems, a start-up company offering next-generation power electronics devices to actively manage voltage and reactive power at the distribution circuit level, which has raised $12 million in a funding round including existing investors and MR as a strategic investor.

Electrical equipment for world’s most efficient aluminium factory

Germany: Siemens is supplying a VB1 high-current switchgear with vacuum switching technology and the high-current supply unit for production for the world’s most climate-friendly, energy-efficient aluminium smelting plant being built on Norway’s Karmøy peninsula.

World’s first 1,100 kV HVDC transformers to be delivered in China

Germany, Erlangen: Together with local partners in China, Siemens will deliver the world’s first 1,100 kV converter transformers for the world’s largest and first high-voltage direct-current (HVDC) transmission link with a transmission voltage of 1,100 kV DC, located in China.

$147M follow-up order for HVDC link in Bangladesh

Germany, Erlangen: Siemens has received a $147 million (€130 million) order from Power Grid Company of Bangladesh (PGCB), for an HVDC (high-voltage direct-current) back-to-back link to connect the power supply networks of India and Bangladesh.

Ziehl-Abegg investing $31M in a new facility

Germany, Künzelsau: The Künzelsau-based fan manufacturer Ziehl-Abegg is constructing a new building in the Hohenlohe Business Park in Baden-Württemberg for the manufacture of energy-efficient electric drives and fans.