LS Electric signs $138 million contract with Bloom Energy
This project is a fuel cell-based on-site power generation project for a big-tech data center being built in Pennsylvania. LS Electric will supply 38 kV-class high-voltage switchgear and distribution transformers from April through July 2027.
ContourGlobal breaks ground on solar-plus-storage project in Arizona
Once completed, the site will host more than 760,000 solar modules and over 300 battery storage containers (1.4 GWh / 360 MW) using advanced lithium iron phosphate (LFP) technology, with liquid cooling and integrated fire protection.
More than 250 jobs at risk as Nokia plans cuts in Finland
Nokia is planning to cut up to 253 positions in Finland. The company wants to reduce costs and redirect resources towards areas such as defence, AI and data centres.
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About products Selec brand installation meters and current transformers
Energy consumption in industrial plants is becoming an increasingly complex process due to many connected devices and continuous load fluctuations resulting from the nature of work. Most devices in industrial applications require high power to provide sufficient electrical energy to power large motors, heating systems, LED lighting, inverters, rectifiers, power supplies, and inductive circuits
GlobalFoundries to make AI chip component for TSMC in $2B deal
Under the agreement, GF will provide manufacturing service to TSMC, and add fabrication capacity at its Malta, New York facility, supporting growing demand for high-performance computing and AI systems.
Delta opens automation and robotics centre in Stuttgart
Delta Electronics has opened a centre in Stuttgart where customers, partners and system integrators can test the company's robots and automation solutions. Around seven engineers will be based at the site.
HD Hyundai Heavy Industries to invest $800M in engines, SMRs
The South Korean company will invest USD 622 million to build a new 3 GW production facility for its HiMSEN engines in Ulsan. It will also invest USD 178 million to establish a manufacturing facility for small modular reactors (SMR) equipment.
KYZEN opens new Southeast Asian headquarters and production site in Penang
KYZEN, a US supplier of cleaning chemistries for electronics manufacturing, has opened a new Southeast Asian headquarters and production facility in Penang, Malaysia. The facility is intended to increase production capacity, improve deliveries and strengthen technical support for customers in the region.
Leonardo DRS starts tactical radar production in the UK
Leonardo DRS has established a new subsidiary, DRS UK, and launched local production of tactical radars in the United Kingdom. The new purpose-built production site is intended to meet growing demand for counter-UAS, air defence and active protection systems.
XPeng raises over $900M to accelerate Physical AI deployment
The funding will support software and hardware R&D for Chinese firm XPeng’s robotics business, the training and iteration of its Physical AI models, data generation, development of end-to-end mass production facilities and global commercial expansion.
India’s AGEL expands BESS capacity at Khavda to 6.6 GWh
The BESS is integrated with Adani Green Energy Ltd’s renewable energy development at Khavda, Gujarat, where the company is developing a 30 GW RE plant across 538 square kilometers.
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