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Siemens acquires 25% stake in Coelme Group
Siemens has acquired a non-controlling minority shareholding of 25% in Coelme Group, a European manufacturer of high-voltage disconnecting switches, the company announced in a press release.
Siemens has acquired a non-controlling minority shareholding of 25% in Coelme Group, a European manufacturer of high-voltage disconnecting switches, the company announced in a press release.
Canada, Ontario: Northern Transformer, a manufacturer of liquid-filled transformers based in Maple, Ontario, has sold a minority stake to Southern States Investment Holding (SSIH).
USA, Florida: Duke Energy has selected a site in Auburndale in Polk County, Florida, to construct a new substation and transmission line routes within the Polk County Reliability Enhancement Project.
GERMANY, Stuttgart: GE Power’s Grid Solutions business and German transmission system operator TransnetBW have signed a contract for a turnkey solution to upgrade the 380 kV Eichstetten substation, which is one of the substations in “Badische Rheinschiene” region, a highly loaded link in the transmission grid of southwest Germany.
ABB is divesting its Power Grids business to Japan’s Hitachi, which will expand existing partnership between the two companies and provide Power Grids with enhanced access to markets and financing, the company said in a press release.
USA, Virginia: The Harvest Foundation is planning an $11 million investment in the construction of a new substation and the transmission line at the Commonwealth Crossing Business Centre in Martinsville, Virginia.
KONČAR – Power Plant and Electric Traction Engineering (KET) has signed a contract for the refurbishment of the 110 kV substation Prilep 1 in Macedonia operated by the Macedonian electricity transmission system operator, AD MEPSO.
Croatia, Zagreb: KONČAR – Electrical Industry and the Chinese group China XD Electric Co. have signed an agreement for establishing a joint venture for the manufacture of high-voltage equipment.
USA, Oregon: The Columbia River People’s Utility District (CRPUD) Board of Directors has adopted a $40.37 million operating and capital budget for 2019 which highlights the PUD’s commitment to investing in its infrastructure.
Pakistan, Lahore: At least five people were injured with burns when a transformer exploded in Lahore Park near Raiwind on Sunday.
Australia: Australian power infrastructure company UGL has been awarded a power transmission contract by ElectraNet to supply high-voltage substations and transmission lines that will connect the Prominent Hill Mine to the South Australian electricity grid.
USA: The U.S. Department of Agriculture (USDA) is investing $345.5 million in 20 infrastructure projects to enhance rural electric service in 14 states.
USA, California: Pacific Gas and Electric Company (PG&E) is looking to build a new 70 kV transmission line through Paso Robles, California, along with a new substation.
USA, Tennessee: Mitsubishi Electric Power Products, Inc. (MEPPI) has shipped its 50th high-voltage transformer manufactured exclusively in its North American transformer manufacturing facility in Memphis, Tennessee.
USA, Colorado: A Denver-based company, Anschutz Corporation, plans to start building a $3 billion, 725-mile (1,166 km) TransWest Express transmission line in 2020.
Japan, Tokyo: Mitsubishi Electric Corporation has announced today the acquisition of ASTES4 SA, a Switzerland-based company engaged in development, production and sales of sheet metal laser processing machines.
Switzerland: ABB’s 20,000th TrafoStar transformer was delivered to Scottish Power, a subsidiary of Iberdrola and will be installed at an off-shore wind project in East Anglia.
South Africa, Johannesburg: The City of Johannesburg has invested close to $75 million to make the necessary upgrades to the Sebenza substation and minimise the effects of power outages.
United Kingdom: A British company Amey has been awarded a construction contract to provide power for a part of the construction of HS2, a planned high-speed railway in the UK which will directly link London, Birmingham, the East Midlands, Leeds and Manchester.
Germany, Munich: The Supervisory Board of Siemens AG has approved the company’s new Vision 2020+ strategy and reassigned responsibilities within Siemens’ Managing Board.
Germany: Maschinenfabrik Reinhausen GmbH (MR) took full control of what had been the C.a.p.t. joint venture, an Italy-based manufacturer of sliding de-energized tap-changers.
BEST has successfully tested the 450 MVA 400/161 kV autotransformers that will be the largest in the transformer fleet of Turkish Electricity Transmission Company, TEİAŞ. TEİAŞ requires a short-circuit withstand test on each new design before acceptance.
China, Shanghai: 14 power transformers have been successfully moved from Shanghai, China to the project site of Helwan Power Station in Egypt.
USA, Wisconsin: Wisconsin Power & Light and American Transmission Co. have been granted permission to expand the Baraboo substation at 125 Vine St. as long as they shield the power equipment from public view.
UK, Lincolnshire: A new electricity substation planned to be built near Hatton, Lincolnshire has been approved by the local district council’s planning committee.
China Southern Power Grid (CSG), a Chinese state-owned power grid company, has agreed to buy 25.48% stake in the European utility company Encevo for an undisclosed price, reports Compelo.
Italy, Milan: Italian utility Enel SpA has decided to halt further acquisitions in Brazil for the time being as it prepares to complete asset sales of up to $1.8 billion in the second half of the year, reports Reuters.
Benin: Benin Electricity Distribution Company (BEDC) revealed the company has added a total of 1,694 distribution transformers to improve power supply in Edo state since the new management took over in 2013, reports Vanguard.