Nextracker said that it has surpassed a corporate milestone of 10 GW of smart solar trackers operational or under fulfilment for projects located in the Middle East, Africa and India.
GE Renewable Energy’s Grid Solutions has won five contracts for Flexible AC Transmission Systems (FACTS) that will help increase power transfer capability.
Italian Prysmian seals the deal for the supply of power cables in the context of a landmark HVDC submarine cable project in the Middle East, worth around €220m
Switzerland, Zurich: Hitachi ABB Power Grids has announced that it the consortium has been awarded a major contract worth several hundred million US dollars.
India: Indian transformer manufacturer Marsons announced that the company is in the final stage of discussions for taking over a considerable stake in a Dubai-based LLC Trading Company in order to expand on the Middle East transformers market.
Grand View Research, Inc. published a new market study titled “Middle East Distribution Transformer Market Analysis By Product, By Technology And Segment Forecasts To 2022”.
Ireland, Dublin: Research and Markets has announced the addition of the “Middle East Smart Transformers Market – Growth, Trends and Forecasts (2015-2020)” report to their offering.
A new report on the global transformers market is available, titled “Global Transformers Market Size, Share, analysis, Trends and Forecast, 2022 by Acute Market Reports”
USA, San Francisco: According to a new study by Grand View Research, Inc., the Middle East distribution transformer market is expected to reach $3.59 billion by 2022.
Research and consulting firm GlobalData predicts the global transformers market will be worth $14 billion by 2020, up from $11.3 billion in 2014, driven by extensive power plant capacity additions, economic growth, and the need to improve access to electricity in emerging economies, such as Asia-Pacific and the Middle East, Utilities-me reports.
Belgium, Bruxelles: Elia Grid International (EGI) and Siemens NV/SA have entered into an agreement to jointly identify, develop and – when advisable and approved by the customer – implement potential high-voltage projects in the so-called EMEA region (Europe, Middle East and Africa).
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