Credit to Author: Zachary Shahan| Date: Sat, 25 Jan 2020 23:35:53 +0000
The largest ultrafast charging network in Europe aside from Tesla’s exclusive Supercharger network is the Ionity network. The “second phase” of the network’s development is now moving forward
Credit to Author: Sonal Patel| Date: Wed, 18 Dec 2019 18:43:32 +0000
The post Hitachi Exiting MHPS; MHI Will be Venture’s Sole Owner appeared first on POWER Magazine.
Japanese technology conglomerate Hitachi will withdraw from Mitsubishi Hitachi Power Systems (MHPS), a joint venture it established in 2014 with another power equipment giant, Mitsubishi Heavy Industries (MHI), over a dispute stemming from construction of two massive defect-ridden coal plants in South Africa. Under a Dec. 18-announced settlement reached by MHI and Hitachi, Hitachi will […]
The post Hitachi Exiting MHPS; MHI Will be Venture’s Sole Owner appeared first on POWER Magazine.
Read moreCredit to Author: Charles W. Thurston| Date: Mon, 30 Sep 2019 00:10:57 +0000
The Solar Power International trade show is the largest in the country, and this year was dominated by new entrants in the solar+EV storage category amidst many other ingenious technological advancements in the industry. As such, energy storage represents the plus in the solar+ label, and additional developments like EV charging represent what the industry is now calling Solar++
Credit to Author: Sonal Patel| Date: Mon, 08 Jul 2019 11:39:47 +0000
July marks two important milestones that set gas-fired generation on its course to becoming a dominant form of power generation: commercial operation of the world’s first industrial gas turbine in Neuchâtel, Switzerland, in 1939, and commercial operation of the first gas turbine in the U.S. used to generate electric power—a 3.5-MW General Electric (GE) unit […]
The post A Brief History of GE Gas Turbines appeared first on POWER Magazine.
Read moreCredit to Author: POWER| Date: Mon, 01 Jul 2019 00:00:00 +0000
Taishan-2 EPR Achieves Criticality. A second EPR unit in China’s Guangdong province attained a sustained chain reaction on May 28, marking another major milestone for Framatome, EDF, and China General
The post POWER Digest [July 2019] appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Mon, 13 May 2019 03:05:05 +0000
In the days following its May 7 announcement that it will spin off its Gas and Power business, Siemens has fleshed out how and when the carveout will occur, laid out its reasons for lumping its energy businesses together, and put forth a market case for why a business separation may be a “win-win” situation […]
The post Insights Into Siemens’ Stunning Gas and Power, Renewables Shakeup appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Wed, 17 Apr 2019 12:15:58 +0000
Only months after ABB announced Hitachi would acquire a majority stake in its flagship power grids business for $11 billion, the company’s board of directors ousted CEO Ulrich Spiesshofer and officially launched a search for a new leader. The Zurich-based technology giant said on April 17 that the board of directors and Spiesshofer “mutually agreed […]
The post Leadership Shakeup at ABB Amid Power Grids Business Overhaul appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Thu, 21 Feb 2019 12:30:56 +0000
Hitachi and Mitsubishi Heavy Industries (MHI), two giant Japanese companies with substantial stakes in the world’s power sector, are separately rethinking future business directions as sizable disruptions shake up prospects for traditional market growth. In recent months, Hitachi refined its business model to prepare it for explosive demand in digitalization solutions, focusing heavily on grid […]
The post Japanese Conglomerates Rejigger Power Sector Strategies appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Mon, 17 Dec 2018 19:42:40 +0000
Hitachi Ltd. and ABB on December 17 announced that Hitachi will acquire 80.1% of ABB’s Power Grids unit in an $11 billion deal. Reports of the possible acquisition surfaced December 16, with several media outlets including POWER discussing the agreement, citing sources familiar with the deal who asked not to be identified. Hitachi plans to […]
The post Hitachi Acquires ABB Power Grids Business in $11 Billion Deal appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Sun, 16 Dec 2018 23:58:55 +0000
Hitachi Ltd. and ABB could announce an $11 billion deal as soon as December 17 in which Hitachi will acquire 80% of ABB’s power grids unit. Reports of the possible deal surfaced December 16, with Bloomberg and others citing sources familiar with the agreement who asked not to be identified. Neither ABB nor Hitachi commented […]
The post ABB Nears Sale of Power Grids Division to Hitachi in $11 Billion Deal appeared first on POWER Magazine.
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