#energy transition

In this article, discover how Europe’s renewable energy revolution is reshaping its energy landscape with a projected 475 GW increase by 2028, driven by solar and wind power.

The investments will help the company to meet customers’ commitments and market demand.

Hitachi is set to supply small power transformers for RWE’s green energy projects.

In an era characterized by energy transition, sustainability, and digitalization, the world is experiencing a profound transformation.

Addressing global warming requires innovative engineering solutions and the four megatrends – Decarbonisation, Decentralisation, Democratisation, and Digitalisation (the 4Ds) – are crucial.

The global transformer market is expected to move towards smart transformers that are more equipped to accommodate the significant deployment of renewable energy.

Senegal will utilize 2.7 B USD for energy transition with partners

Germany, Dortmund: German transmission system operator Amprion plans to invest around $24 B (€22 B) in the transmission grid over the next five years.

Egypt, Kairo: Egypt and Denmark have entered into an agreement aimed at accelerating the green transformation of Egypt by involving more Danish investors.

Italy, Rome: Terna, the Italian transmission system operator, plans an investment of over $22 B in the next 10 years to accelerate the energy transition.

Switzerland, Zurich: Hitachi Energy has launched the next-generation TXpert Hub, a part of its ecosystem for the digitalization of transformers.

A multi-party contract has been signed for the deployment of a small modular reactor (SMR) in North America.

The pilot of the first high-frequency decentralised energy trading platform was successfully launched at the Port of Rotterdam.

KONČAR Group has announced that the Supervisory Board of KONČAR – Electrical Industry Inc. adopted the consolidated Business Plan of KONČAR Group for 2023.

The EBRD, GFC and EU partner on a finance package of up to $26.7 M (€25 M) to Banque Centrale Populaire (BCP) to support a green transition in Morocco.

South Africa, France and Germany have signed loan agreements to each extend $300 M in concessional financing to support South Efrica’s energy transition.

Hitachi Energy has announced it has signed a strategic collaboration agreement with Equinor.

USA: Michigan Electric Transmission Company has announced its intent to construct, own and operate new transmission line projects in Michigan.

Germany, Schwandorf: Maschinenfabrik Reinhausen has commissioned an MSCDN system at TenneT’s Schwandorf substation.

Southeast Asian countries can meet their growing energy demand with renewable energy and cut 75 % of their energy-related CO2 emissions by 2050.

Switzerland, Zurich: Hitachi Energy, and Schneider Electric have announced entering into a collaboration to accelerate the energy transition.

Germany, Munich: Siemens Energy has submitted a $4.3 B bid for the remaining shares in its wind turbine firm Siemens Gamesa, which it currently owns 67 %.

USA, Texas, San Antonio: GE has announced the launch of Lifespan, a new digital product portfolio.

Italy: Italy-based transmission system operator Terna has announced a $11 B (€10 B) investment in Italy’s energy transition and decarbonisation.