#Germany


Megger acquires Power Diagnostix

Megger has acquired Power Diagnostix of Aachen, Germany, a leader in the development and manufacture of high voltage diagnostic equipment.

New aluminium conductor solution from Hydro

Aluminium conductor sheet matches high conductivity with high strength, promising unmatched efficiency in lead time, carbon footprint and product performance.

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.