China, Beijing: State Grid Corporation of China has announced it will buy the controlling stake in CPFL Energia S.A., a Brazilian power distributor for $1.8 billion, to further strengthen its position in the Brazil’s electricity sector.
World Bank Group has signed an agreement to help the International Solar Alliance (ISA), consisting of 121 countries led by India, in mobilizing $1 trillion investment by 2030 to boost solar power generation globally.
Argentina: Abengoa has been awarded a transformer station extension project by the Management Committee of Fideicomiso de Obras de Transporte de Argentina (FOTAE).
India, Madhya Pradesh: India’s transformer manufacturer BHEL Bhopal has successfully tested a special type split winding 400 kV transformer produced for the client Singareni Collieries Company Limited.
USA, New York: A massive fire caused by a faulty transformer has engulfed a power substation in Hillburn, New York.
Pakistan: Pakistan’s Federal Board of Revenue (FBR) has imposed 10% customs duty on the import of grain-oriented electrical steel used in the manufacture of transformers and other products.
As part of leadership succession planning, ABB has appointed Tauno Heinola as Managing Director of ABB in Australia, effective 1 October 2016.
Switzerland, Zurich: Five substations have been commissioned in India to integrate a 648 MW solar project at Kamuthi in the southern Indian state of Tamil Nadu to the national transmission grid.
Turkey, Istanbul: Turkish electricity supplier Akcez Enerji Yatırımları Sanayi ve Ticaret (AKCEZ) has received a long-term refinancing package worth $325 million to fund the projects aiming to increase efficiency of power distribution in the country.
Japan, Tokyo: Hitachi, Ltd. and Hitachi America, Ltd. announced the establishment of the Energy Solutions Division, which will expand Hitachi’s Energy Solutions Business in the North American market.
USA, California: After a truck hit a power pole on Mulholland Highway in Calabasas, Los Angeles, causing it to fall and a transformer to explode, the transformer ignited the fire that forced at least 5,000 people to evacuate their homes.
USA, New York: PowerBridgeNY, a proof-of-concept center (POCC) program which is advised by the New York Academy of Sciences and provides early-stage investments and services to help inventors and scientists turn their high-tech, clean-energy ideas into a successful business, has helped establishment of a new company which has designed a new green transformer.
Russia, Volga Federal District: Russian utility company Nizhnovenergo is implementing a large power infrastructure rehabilitation project planned for 2016-2017, which will see 270 transformer substations and distribution points repaired and reconstructed in the Volga Federal District.
Canada, British Columbia: Two new power transformers have been delivered to the site of the Big Bend substation being built by BC Hydro in south Burnaby, British Columbia.
Australia, the Gold Coast: The Gold Coast’s electricity grid will receive an $18 million (AUD 25 million) revamp ahead of the 2018 Commonwealth Games.
Nigeria, Katsina: Katsina State government will be procuring new transformer units in order to boost power supply in the state.
Russia, St. Petersburg: The joint venture Power Machines – Toshiba. High-voltage transformers (PMTT) has completed production of two power transformers for the Salda substation in the Sverdlovsk region, operated by the Federal Grid Company.
Siemens announced the company has recently delivered line feeder transformers to Banedanmark, Danish largest railway owner.
For the first time, two sister platforms in an offshore wind farm will be connected by means of a bridge system with the aid of a new, flexible high-voltage cable with a conductor cross section of 800 mm2.
Research and Markets has announced the addition of the “High and Extra High Voltage Transformers – The Most Critical U.S. Electrical Infrastructure Component-Risk and Impact of Solar Storms & Emp Attacks – U.S. Market, Installed Base and Suppliers: 2015-2020 Analysis and Forecasts” report to their offering.
Croatia, Zagreb: Croatia’s Minister of Economy officially put into operation the newly built 110/10 (20) kV transformer substation Ferenščica, whose construction was led by KONČAR – Power Plant and Electric Traction Engineering (KET), the main contractor.
A new research report on global power transformer market by Global Market Insights forecasts the power transformer market size will exceed $34.6 billion by 2022.
Zimbabwe Electricity Supply Authority (ZESA) needs around 3,000 transformers in order to provide power to thousands of homes throughout the country.
Ukraine: Ukrainian energy utility Ukrenergo has signed a contract with the national transformer manufacturer Zaporozhtransformator (ZTR) for the purchase of 22 units of power transformers and shunt reactors.