Industry News
October 2024
Stefano Sarasso, Founder and CEO of UBIQUICOM
ZAPI GROUP, a global leader in electrification, announced that it has acquired UBIQUICOM, a leader in Real-Time Locating Systems (RTLS) for manufacturing, transportation and logistics processes. The acquisition bolsters ZAPI GROUP's standing as a comprehensive systems integrator for electrification and war
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Date:
10/31/2024
Alphawave Semi Selected for AI Innovation Research Grant from UK Government’s Advanced Research + Invention Agency
Alphawave Semi, a global leader in high-speed connectivity and compute silicon for the world’s technology infrastructure, has been awarded a research grant from the UK's Advanced Research + Invention Agency (ARIA), to remove networking bottlenecks that are limiting AI's growth.
Data from Meta indicates
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Date:
10/31/2024
Ben Pratt, President of Nova Clean Energy
Nova Clean Energy announced it has executed interconnection agreements and related high voltage equipment supply contracts for a portfolio of wind power projects in Texas. The project portfolio, once fully built out, will deliver up to 1 GW of native clean power to Texas consumers at a time when the Texas po
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Date:
10/29/2024
PGE Gryfino Dolna Odra H-Class Power Plant Comes Online in Poland
GE Vernova Inc. (NYSE: GEV) and PGE Polska Grupa Energetyczna (PGE) announced today the start of commercial operation of 1.4-gigawatt (GW) PGE Gryfino Dolna Odra Combined Cycle power plant, in the Western Pomerania region of Poland. Powered by GE Vernova’s HA combined cycle equipment, and built by the Po
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Date:
10/29/2024
Kam Mahdi, CEO of CETY
Clean Energy Technologies, Inc., a clean energy manufacturing and services company specializing in eco-friendly energy solutions, clean fuels, and alternative power for small and mid-sized projects in Americas, Europe, and Asia, has signed a Memorandum of Understanding (“MOU”) with Exergy International Sr
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Date:
10/29/2024
Figure 1. U.S. enterprise data center distribution as of 2022 [4, 8, 9]
EPRI today announced the launch of a new initiative—DCFlex—to explore how data centers can support the electric grid, enable better asset utilization, and support the clean energy transition. The initiative's founding members include Compass Datacenters, Constellation Energy, Duke Energy, the Electric Rel
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Date:
10/29/2024
Ahead of Schedule: STEM Careers Coalition Reaches Over 10.7 Million Students
The STEM Careers Coalition – an alliance of industries and non-profit organizations partnering with Discovery Education to create equitable access to free STEM content and career connections – today announced it has surpassed the goal of reaching 10 million students by the end of 2025 ahead of schedule. Si
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Date:
10/28/2024
Typical complete system arrangement on a vessel
Thordon Bearings has unveiled a new wireless propeller shaft bearing wear measurement system, marking a significant advancement in hull and propeller shaft condition monitoring.
Developed in partnership with CSignum, a UK-based underwater communications specialist, Thordon’s Bearing Condition Monitorin
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Date:
10/28/2024
Caption: Dr Ashwath Pazhani, Lecturer in Engineering Design and Materials Specialism at Coventry University
The future of space travel is seemingly changing by the day and a Coventry University academic is doing his bit to stay at the front of the space race.
Dr Ashwath Pazhani along with an international team of researchers have created a new material for storing the liquid hydrogen used to propel rock
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Date:
10/25/2024
Charlotte Grinyer - Principal AI Researcher with Thales in the UK
Each year, National Coding week helps raise the profile of coding and its related career paths in science, technology, mathematics and engineering. In 2024, the focus has been on Artificial Intelligence (AI) and its growing importance in the field of coding. Thales in the UK’s Charlotte Grinyer, Principal AI
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Date:
10/25/2024
Powered by GE Vernova H-Class Technology, Ningzhou Power Plant Adds up to 2.4 GW of Power to the National Grid in China
On the heels of GE Vernova’s announcement of Chinese state-owned power utility Guandong Energy Group Co.,Ltd Huizhou power plant achieving a successful start of operation, GE Vernova Inc today announced the utility’s Dongguan Ningzhou combined cycle power plant achieved the start of
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Date:
10/24/2024
Aviation Actuator System Market Size & Share to Surpass USD 3.1 billion by 2031
The aviation actuator system market (항공 액추에이터 시스템 시장) was worth US$ 1.7 billion in 2022. A CAGR of 6.8% is predicted from 2023 to 2031, leading to a market value of US$ 3.1 billion by 2031. Actuators are being replaced by electric actuators in th
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Date:
10/24/2024
Electrification and lightweight composites power aerospace transformation, says GlobalData
The aerospace sector is undergoing significant changes, fueled by advancements in electrification and composite materials. As manufacturers aim to meet global emissions targets, the rise in patent filings for hybrid hydrogen-electric powertrains and lightweight composite fuselages highlights the growing focus on
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Date:
10/24/2024
Mainspring CEO and Founder Shannon Miller
The U.S. Department of Energy Office of Manufacturing and Energy Supply Chains has selected Mainspring Energy, manufacturer of innovative, fuel-flexible, power generators, for an award of $87 million under the Bipartisan Infrastructure Law's Advanced Energy Manufacturing & Recycling Grants Pro
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Date:
10/24/2024
Scott Tinker, an NCEA Advisor, Director Emeritus of the Bureau of Economic Geology at the University of Texas
Today, National Center for Energy Analytics (NCEA) Senior Fellow Tristan Abbey published a report examining the politicization of liquid natural gas (LNG) exports and recommending three pathways to ensure the United States maintains, even expands the economic and geopolitical benefits from its dominant position in
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Date:
10/23/2024
LF Energy Executive Director Alex Thornton
Bidirectional charging enables energy to flow two ways: From the grid into an electric vehicle (EV) and from the EV into the grid. All vehicle manufacturers are interested in bidirectional charging, although the biggest obstacles for unfolding its full potential are non-interoperable protocols and hundreds of
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Date:
10/23/2024
An overview of the colors of hydrogen. Hydrogen is not readily found in nature, so it must be produced, and the production method is key to determining the life-cycle emissions of a hydrogen internal combustion engine.
Internal combustion engines (ICE) but without the emissions. The idea is certainly appealing. Keeping the same internal combustion engines (ICE) that have powered cars, buses, and trucks for well over a century, but eliminating the damaging and climate-affecting emissions that escape from the tailpipe. Currently, el
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Date:
10/23/2024
triPica Deputy CEO Luc Agopian
The widespread adoption of smart meters, which became mandatory in Italy in 2006, has dramatically increased the volume of available data, which is now accessible in real-time. Energy production has also become more intermittent as more renewable sources come online.
In this context, retailers are looki
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Date:
10/18/2024
Wärtsilä Supports South Australia's Energy Transition with New 150 MW / 300 MWh Energy Storage System for Amp Energy
Technology group Wärtsilä has been selected to deliver its second major energy storage project in South Australia. Located in Bungama, stage 1 of this multi-stage project will be supplied to Amp Energy, a global energy transition platform.
The standalone battery energy storage system (BESS) will have a 15
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Date:
10/18/2024
Switchgear Market Size Worth $155.28 Billion, Globally, by 2031
According to a new comprehensive report from The Insight Partners, “Global Switchgear Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Insulation (Gas-Insulated Switchgear Market, Air-Insulated Switchgear Market, and Others), Voltage (L
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Date:
10/17/2024
Third Quarter Demonstrates Continued Momentum for U.S. Offshore Wind Market
The U.S. offshore wind market grew its shovel-ready project pipeline, delivered four new vessels, and broke ground on new port facilities in the third quarter of 2024. These and other key industry findings are detailed in Oceantic Network’s U.S. Offshore Wind Quarterly Market Report, which highlights project construction milestones, regulatory advancements and state-level developments that drove the U.S. market forward between July and September of 2024.
Project construction continued with Dominion’s Coastal Virginia Offshore Wind project (2,587 MW) installing more than 50 monopiles this quarter alone, bringing their total to more than 70 of 176 since achieving first steel in the water in late May. In New York, Sunrise Wind (924 MW) broke ground for its onshore construction; Connecticut and Rhode Island’s Revolution Wind (704 MW) became the third commercial scale p
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Date:
10/16/2024
LCD driver IC (HV55-HV90nm) and AMOLED driver IC (HV28-HV40nm) wafer input market share in 3Q24
Latest insights from Omdia’s Display Driver IC Market Tracker indicate that NexChip and Samsung Foundry have emerged as key leaders in the display driver IC (DDIC) market for 3Q24. NexChip secured the largest market share in the large-area display and LCD driver IC segments, while Samsung Fo
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Date:
10/16/2024
CorPower Ocean Secures EUR 32m Series B1 Funding to Commercialise Wave Energy
CorPower Ocean is announcing the largest single investment in its wave energy technology after securing EUR 32m Series B1 funding (1st close).
Announced during EIT InnoEnergy’s Business Booster in Barcelona - one of Europe’s leading sustainable energy events – it marks a significant development for wave en
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Date:
10/16/2024
Iberdrola and Masdar Complete Wind Turbine Installation at Baltic Eagle Offshore Wind Farm
Turbine installation has been successfully completed at the 476 MW Baltic Eagle offshore wind farm, a joint venture between Iberdrola, a world leading clean energy company, and Abu Dhabi Future Energy Company – Masdar, the UAE’S clean energy powerhouse.
When fully operational, Baltic Eagle will supply ar
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Date:
10/16/2024
Jeff Thompson, Red Cat CEO
Red Cat Holdings, Inc. announced it secured a $1 million contract for its Edge 130 Blue drones from the United States Army Communications-Electronics Command (CECOM). The contract was secured through Noble, a leading provider of global sustainment and operations support for the U.S. Military and civilian go
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Date:
10/15/2024
Michigan Schools Gain Free Access to STEM Career Exploration Tools
Learning Blade, a STEM career exploration platform for grades 5–9, is now available to Michigan educators at no cost. Through mission-based adventures, Learning Blade empowers students to solve real-world challenges with more than 100 in-demand careers and technologies to choose from. The missions ar
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Date:
10/15/2024
Jeff Thompson, CEO of Red Cat
Red Cat Holdings, Inc. announced it is fulfilling an order by the Florida Army National Guard for its Teal 2 drones. The drones will be used to support the ongoing disaster response to Hurricane Milton, which has left more than 3 million people without power.
“Our drones are specifically designed
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Date:
10/11/2024
Location of Lhyfe in green and Elyse Energy in blue, in the Montoir-de-Bretagne industrial port zone. The synergy between the two units now forms the Green Coast project. Credit: Lhyfe and Elyse.
Lhyfe, one of the world’s pioneers in the production of green and renewable hydrogen*, and Elyse Energy, a European specialist in the production of low-carbon molecules, have announced that they plan to jointly develop the production of e-methanol** from green renewable hydrogen at the heart of the Loire es
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Date:
10/11/2024
Servo Motors And Drives Market is expected to generate a revenue of USD 22.5 Billion by 2031
The Global Servo Motors And Drives Market Size is projected to grow at a CAGR of 6.06% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 14.05 Billion in 2024 and is expected to reach USD 22
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Date:
10/11/2024
GE Vernova and Mass Group Holding Celebrate the Progress of the Modernization of the Largest Power Plant in Iraq
In conjunction with a ceremony held in Dubai, United Arab Emirates,Mass Group Holding (MGH) and GE Vernova Inc. announced significant progress on the modernization of the 4.5 gigawatts (GW) Besmaya Power Plant in Baghdad, Iraq, the country’s largest power plant. GE Vernova has successfully completed the Ph
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Date:
10/10/2024
LG Taking Orders for Level 3 DC Fast Chargers
Further strengthening its commitment to meet the growing market need for fast, reliable EV vehicle charging solutions, LG Business Solutions USAhas begun taking orders for LG’s first Level 3 DC Charger in the United States. The new fast charger, model LG EVD175SK-PN, has been certified to UL 2594, the UL
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Date:
10/10/2024
Saagar Govil, Chairman and CEO of Cemtrex
Cemtrex Inc., an advanced security technology and industrial services company, announced it has been award a $4.7 million contract through its Advanced Industrial Services (“AIS”) subsidiary for Trade in Services Agreement (TiSA) energy upgrades at Fort Indiantown Gap in Lebanon County, PA through t
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Date:
10/08/2024
New Earth Observation Technology to Expand Insights on Climate Change, Natural Disasters, and More
With its unparalleled view of Earth, the International Space Station (ISS) is about to take its environmental monitoring to new heights. An ISS National Laboratory®-sponsored payload, engineered byAirbus U.S. Space and Defense, Inc. for the external hosting Airbus-developed platform Bartolomeo, is se
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Date:
10/08/2024
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New GE Vernova H-Class Technology to Modernize Power Plant in Japan
GE Vernova Inc. announced an order for three GE Vernova 7HA.03 gas turbines to be installed at The Kansai Electric Power Company, Inc.’s (“Kansai Electric”) Nanko power station in Osaka, Japan. GE Vernova’s advanced 7HA.03 power generation equipment will replace the existing aging conventional LN
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Date:
10/08/2024
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Rehlko Completes Multi-Million Upgrade of Brest Plant
Rehlko, formerly Kohler Energy, has announced the completion of the multi-million-dollar expansion of its production site at its Brest plant in Brittany, France. Initiated in 2021, the investment has helped increase production, storage, and transport capacity, meeting the rapidly increasing demand for generators in
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Date:
10/08/2024
Chris Ricciuti, Founder and CEO of Noteworthy AI
As Hurricane Helene wreaks havoc across the Southeastern U.S., electric utilities scramble to restore power and assess damage to critical infrastructure. In response to this crisis, Noteworthy AI, a tech startup specializing in AI-powered vehicle-mounted camera systems for utilities, has mobilized a
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Date:
10/07/2024
Kam Mahdi, CEO of CETY
Clean Energy Technologies, Inc., announced that Vermont Renewable Gas, LLC (VRG), an affiliate limited liability company has been selected by the United States Department of Agriculture (USDA) as one of its Rural Energy for America Program (REAP) Grant recipients. Administered by the USDA’s Rural Development Of
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Date:
10/07/2024
Supercapacitors/Ultracapacitors Market is expected to generate a revenue of USD 15.73 Billion by 2031
The Global Supercapacitors/Ultracapacitors Market Size is projected to grow at a CAGR of 30.45 % from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 1.55 Billion in 2024 and is expected to reach USD 15.
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Date:
10/07/2024
Norio Nakajima, President of Murata Manufacturing Co., Ltd
Murata Manufacturing Ltd (hereinafter “Murata”), a leading manufacturer of electronic components, modules, and devices, has broadened the scope of its Integrated Passive Solutions offering by opening a new production line at its site in Caen, France.
Following the initial announcement in 2023,
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Date:
10/04/2024
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LG Taking Orders for Level 3 DC Fast Charger Expanding Lineup for Growing EV Infrastructure
Further strengthening its commitment to meet the growing market need for fast, reliable EV vehicle charging solutions, LG Business Solutions USA has begun taking orders for LG’s first Level 3 DC Charger in the United States. The new fast charger, model LG EVD175SK-PN, has been certified to UL
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Date:
10/03/2024
Ric Fulop, Desktop Metal’s Founder and Chief Executive Officer
Nano Dimension Ltd. and Desktop Metal, Inc. jointly announced that, at a special meeting, Desktop Metal stockholders approved the merger agreement pursuant to which Desktop Metal would be acquired by Nano Dimension.
Of approximately 33 million outstanding DM shares, 60% were voted in favor of the approval
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Date:
10/03/2024
IDTechEx Unpacks the Electrification of CAM Machines
The battery market for electric construction, agriculture, and mining (CAM) machines is expected to reach US$8 billion by 2034. Electric CAM machines promise health, environmental, and productivity benefits, while also acting as long-term financial investments for companies. These machines come in a number of
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Date:
10/03/2024
NMC 811 cathode active material prices have fallen since 2022, broadly in line with underlying raw material costs. Source: IDTechEx
The recent report from IDTechEx, “Li-ion Battery Market 2025-2035: Technologies, Players, Applications, Outlooks and Forecasts”, forecasts the Li-ion battery cell market to reach over US$400 billion by 2035. In this article, IDTechEx Research Director Dr Alex Holland takes a look at the falling battery co
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Date:
10/02/2024
Baseload Power Taiwan Forms Strategic Alliances to Unlock Geothermal Energy in Tatun Mountain
Baseload Power Taiwan is excited to announce its partnership with Taiwan Power Company (Taipower), Taiwan Cogeneration Corporation (TCC), and leading geothermal technology companies to collaboratively develop geothermal energy in the Tatun Mountain area of northern Taiwan. This partnership is set to unlock Ta
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Date:
10/01/2024
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