Electrical Utilities

Power Grid - New Controlled Switching Device for HV Circuit Breakers - Actionable Results for Asset Health Management and Predictive Maintenance

LONGUEUIL, Quebec, April 29, 2020 /PRNewswire/ -- The SynchroTeq Lite sets up a landmark for controlled switching devices (CSDs) that help transmission system operators (TSOs) streamline the maintenance of multi-vendor HV circuit breaker (CB) fleets.  HV CBs for shunt reactors and capacitor bank...

2020-04-29 18:00 2630

Sungrow Significantly Grows Revenue in 2019 - Overseas Shipments Increase by 87.5%

HEFEI, China, April 29, 2020 /PRNewswire/ -- Sungrow, the global leading inverter solution supplier for renewables, has recently released its annual report 2019 to shareholders, reporting a robust fiscal performance and key milestones in its business fields. Overview of Sungrow fiscal year * ...

2020-04-29 11:15 2015

Frost & Sullivan Examines the Uptake of Drones in the Power and Utilities Sector

Digital transformation, remote monitoring and the need to optimize operational costs to drive drone sector revenues to$515 million by 2030 SANTA CLARA, Calif., April 28, 2020 /PRNewswire/ -- An analysis by Frost & Sullivan,Drones in the Global Power and Utilities Industry, Forecast to 2030, reve...

2020-04-28 20:07 1944

Trina Solar Vertex module reaches 515.8W power output reviewed by TÜV Rheinland

CHANGZHOU, China, April 27, 2020 /PRNewswire/ -- Trina Solar Co., Ltd ("Trina Solar" or the "Company") announced that its Vertex module is able to reach 515.8W power output, based on the test result by TÜV Rheinland's independent evaluation. This is another major breakthrough and milestone after ...

2020-04-27 14:00 3422

Shanghai Electric Reports 26% Rise in Gross Revenue in 2019 Annual Results

SHANGHAI, April 25, 2020 /PRNewswire/ -- Shanghai Electric (SEHK: 02727, SSE: 601727), the world's leading manufacturer and supplier of power generation and industrial equipment, announced its audited results for the fiscal year ended December 31, 2019. Key 2019 Financial and Operating Metrics Co...

2020-04-25 05:41 15115

Veoneer: Financial Report January - March 2020

STOCKHOLM, April 24, 2020 /PRNewswire/ -- Financial Summary - Q1'20 * Underlying financial results better than expected, due to our Market Adjustment Initiatives (MAI) * Net Sales $362 million * Net Sales decline 27% including Organic Sales1 decline 15%, 9pp better than the global LVP * A...

2020-04-24 17:54 7183

SKF First Quarter Report 2020: Continuing to Deliver Strong Results and Cash Flow

GOTHENBURG, Sweden, April 23, 2020 /PRNewswire/ -- Alrik Danielson, President and CEO: "We have delivered another very strong set of results, despite falling demand connected to the Covid-19 pandemic. Our cash flow generation and financial liquidity continues to be strong.  We have continued to ...

2020-04-23 13:23 5737

RattanIndia Finance Wins the Celent Model Bank Award 2020 for Retail Lending Powered by Nucleus FinnOne Neo

NEW DELHI, April 22, 2020 /PRNewswire/ -- Celent , the world's leading research, advisory and consulting firm focused on financial services technology, has namedRattanIndia Finance  as the winner of The Celent Model Bank Award 2020  for ...

2020-04-22 16:22 4384

Risen Energy achieves strong results for 2019 with revenue increasing over 47%

NINGBO, China, April 22, 2020 /PRNewswire/ -- Chinese PV leader Risen Energy Co., Ltd. (300118.SZ) disclosed its financial results for 2019 on the evening of April 17, 2020, local time. During the reporting period, the company recorded a total operating revenue of14.404 billion yuan (approx. US$2....

2020-04-22 12:12 3454

Growatt ranked No.1 inverter supplier in India, which added over 2.2GW in rooftop solar capacity

SHENZHEN, China, April 22, 2020 /PRNewswire/ -- Growatt took 18% of the market share for the rooftop sector, ranking first among India's inverter suppliers, according to the Annual India Solar Report Card released recently by JMK Research & Analytics. Earlier last year, Growatt was among the TOP ...

2020-04-22 10:31 3318

Solis Improves LCOE for Commercial Systems

NINGBO, China, April 20, 2020 /PRNewswire/ -- Ginlong Technologies (Stock Code: 300763.SZ), a global leader in photovoltaic string inverter manufacturing, has released the latest addition to its 5 Generation (5G) portfolio. The new Solis 110kW brings a more reliable, efficient and secure inverter...

2020-04-20 08:41 1547

CATL's Innovative Liquid Cooling LFP BESS Performs Well Under UL 9540A Test

NINGDE, China, April 14, 2020 /PRNewswire/ -- Contemporary Amperex Technology Co., Limited (CATL) <300750.SZ> is proud to announce its innovative liquid cooling battery energy storage system (BESS) solution based on Lithium Iron Phosphate (LFP), performs well under UL 9540A. CATL BESS Products C...

2020-04-14 18:15 10343

Shanghai Electric's First Combined Cycle Power Plant (CCPP) Goes Online in Bangladesh

SYLHET, Bangladesh, April 11, 2020 /PRNewswire/ -- Shanghai Electric Group, the world's leading manufacturer and supplier of power generation and industrial equipment, announced today that its first combined cycle power plant (CCPP) in Bangladesh has entered into commercial operation. Converted fr...

2020-04-11 05:31 12320

Sungrow Partners with XBSolar to Distribute Residential and Commercial Inverters in Vietnam

HO CHI MINH CITY, Vietnam, April 9, 2020 /PRNewswire/ -- Sungrow, the global leading inverter solution supplier for renewables, has signed an agreement with Vietnamese clean energy company, XBSolar, to distribute 40 MW of the Company's commercial and industrial (C&I) and residential inverter s...

2020-04-09 11:58 5418

Focus on Improved Energy Efficiency and Carbon Footprint Reduction to Power Sales of Heat Exchangers in North America and Europe

Replacement demand and energy sector investments forecast to fuel the long-term growth of the market, finds Frost & Sullivan SANTA CLARA, California, April 7, 2020 /PRNewswire/ -- Frost & Sullivan's recent analysis of the North American and European heat exchanger markets predicts that they will...

2020-04-07 23:58 1584

Electrolux Highlights Lower Emissions and Introduces New Framework in 2019 Sustainability Report

STOCKHOLM, April 2, 2020 /PRNewswire/ -- Electrolux, a sustainability leader in the appliance industry, reports a 75% reduction in CO2 emissions from its operations since 2005. To reflect the Group's new commitment to become climate neutral across the supply chain by 2050, and its increasingly ho...

2020-04-02 14:50 6789

Benelux's Largest Solar Park with Sungrow 1500V Central Inverter Solutions Comes Online

LOMMEL, Belgium, April 2, 2020 /PRNewswire/ -- Sungrow, the global leading inverter solution supplier for renewables, announced that the Company's 1500V central inverter solutions have been operational stably for several months at a 100 MW Kristal Solar Park in Lommel,Belgium, which is the lar...

2020-04-02 11:00 1573

BYD's New Blade Battery Set to Redefine EV Safety Standards

SHENZHEN, China, March 30, 2020 /PRNewswire/ -- Today, BYD officially announced the launch of the Blade Battery, a development set to mitigate concerns about battery safety in electric vehicles. At an online launch event themed "The Blade Battery – Unsheathed to Safeguard the World", Wang Chuanf...

2020-03-30 09:09 1743

Shanghai Electric Donates 40,000 Masks to Wassit Thermal Power Plant in Iraq

BAGHDAD, March 26, 2020 /PRNewswire/ -- Shanghai Electric Group, the world's leading manufacturer and supplier of power generation and industrial equipment, announced today that it has donated 40,000 pieces of surgical masks to employees of Shanghai Electric's Wassit Thermal Power Plant, the l...

2020-03-26 06:33 12616

Sungrow Signed a 650 MW Strategic Cooperation Agreement with Avaada

NEW DELHI, March 25, 2020 /PRNewswire/ -- Sungrow, the global leading inverter solution supplier for renewables, signed a 650 MW strategic agreement with Avaada Energy to supply 1500V inverter solutions for its upcoming PV projects in 2020, demonstrating the Company's continued efforts on minimiz...

2020-03-25 11:00 5741