Nidec Corporation Global’s Post

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"Siemens Energy AG, the German energy giant, will start producing transformers in the US next year to meet growing demand for electricity. The company is investing $150 million to expand its power manufacturing plant in Charlotte, North Carolina. It already has started early work, according to Rich Voorberg, president of Siemens Energy North America. Transformers are a key part of the power grid, used to manage voltage levels as electricity flows from generating plants to users. Demand for electricity has increased by massive amounts as data centers that power artificial intelligence spring up across the US. About 80% of the transformers used in the US are produced in other countries so establishing a domestic supply chain will be critical, Voorberg said. The company expects production to start in 2026. “What we really saw within our industry is that the load started picking up,” Voorberg said in an interview Tuesday with Bloomberg TV. “The demand side for transformers is so much bigger than it was in the past.” https://lnkd.in/g9F-CUMD

How Modern #Innovations are #Revolutionizing the #Stationary #FuelCell Market. Explore the market overview:https://shorturl.at/oKPUZ Growing #investments in advanced #technologies are boosting fuel cell efficiency. As #renewable #energy from #wind and #hydropower increases, the need for #energystoragedevices rises, positively impacting the stationary fuel cell market. Key Players:Horizon Fuel Cell Technologies Pte Ltd., POSCO Energy, Aisin Seiki Co Ltd , DENSO, Ballard Power Systems, FuelCell Energy, Fuji Electric Co., Ltd., Plug Power #AMR #alliedmarketresearach #alliedmarketresearchinsight  #FuelCellFuture #GreenTech #CleanEnergyRevolution #PoweringTomorrow #RenewablesRising #EnergyStorageSolutions #WindToWatt #HydroPowerHub #SustainablePower #GridStability #EcoInnovation #EnergyEvolution #StationaryCells #ZeroEmissionsGoal #TechForChange

#Virtual_Power_Plant Market Share Expected Huge Growth during 2022–2030 https://lnkd.in/dXSd3-kS The growing #demand for #renewable energy sources in power #generation systems such as virtual #power plant is escalating the #growth of the #market. Moreover, higher operational efficiency and flexibility of VPP consumes less #electricity thereby generates lesser #electricity bills, is again pushing the #market growth. ABB AGL Energy Shop AutoGrid Comverge EnBalance Storage, LLC EnerNOC GE Limejump Schneider Electric Schneider Electric Hub Siemens #power #powerplant #energy

Asia-Pacific Switchgear Market is anticipated to grow at a steady pace at a very high CAGR in the forecast period, 2024-2028. The increasing demand for electricity, due to economic expansion, industrialization, rising population, urbanization, and rural electrification projects, is driving the demand for switchgears in Asia-Pacific. The region's adoption of smart switchgear has been made possible by the region's increased focus on renewable energy solutions as a result of the rising energy demands across several end-user sectors. Explore Global Market and Key Players Insights: https://lnkd.in/gCwZSND7 🔑 Key Market Players are Major market players in the Asia-Pacific Switchgear Market are ABB Ltd, General Electric Company, Siemens AG, Toshiba International Corporation, Mitsubishi Electric Corporation, Bharat Heavy Electricals Limited, Larson & Turbo Limited, Hyosung Heavy Industries Corp., Hitachi Energy Ltd, Eaton Corporation PLC and among others. Download Free Sample Report: https://lnkd.in/g43H2hZg

Discover the untapped potential in industrial electric motors! ABB Motors and Drives North America energy appraisals reveal a lifetime savings of 2.1 TWh. 💡⚙️ Dive into the insights on energy efficiency and savings here: https://bit.ly/3RCgYph #Energy #ABB #ElectricMotors

A single Wykes Engineering BESS (battery energy storage system) uses 30 second life I-PACE batteries, and can store up to 2.5MWh of energy at full capacity. The batteries have been taken from prototype and engineering test vehicles, and JLR aims to supply enough batteries to store a total of 7.5MWh of energy by the end of 2023. According to a report from McKinsey, second life battery supply for stationary applications, like renewable energy storage, could exceed 200GWh per year by 2030, creating a market worth over $30bn.  JLR said its batteries can be deployed in low-energy situations once their health falls below the requirements of an electric vehicle, which typically leaves a 70-80 per cent residual capacity. #UKEnergy #Automotive #Batteries

United States battery monitoring system market is predicted to grow at a high CAGR by 2027. The market growth can be attributed to the rising investments in green data centres coupled with the growing demand of electric vehicles to conserve energy and decrease the environmental pollution associated with the combustion of conventional energy sources. Besides, the growing necessity of generating renewable power is expected to drive the growth of the United States battery monitoring system market in the next five years. Explore Global Market and Key Players Insights: https://lnkd.in/gAvvtPF5 🔑 Key Market Players are Some of the leading players in the United States battery monitoring system market are SBS, Powershield, Schneider Electric, ABB, BatteryDAQ, HBL Power Systems, SOCOMEC Group, Curtis Instruments, Inc., Canara, BTECH, etc. Download Free Sample Report: https://lnkd.in/giNUr_sa

LG Energy Solution’s Vertech affiliate plans to install 10 GWh of grid-scale battery energy storage (ESS) projects, comprising of 10 integrated battery systems, in the U.S. in 2024. According to the Environmental Protection Agency’s Greenhouse Gas Equivalencies calculator, the combined installations are equivalent to diverting almost 8 million pounds of coal or 16 million pounds of Co2 emissions per year. The projects will include advanced lithium-ion batteries manufactured by LG Energy Solution with hardware integration, system controls software, and related services provided by LG Energy Solution Vertech. The AEROS software suite will be deployed to all sites to provide end-users with both onsite supervisory and controls services as well as cloud-based access to site performance analytics. AEROS users will receive insight into optimizing project revenues with advanced AI and machine learning analytics, as well as resource plan with the software’s digital twin capabilities. LG Energy Solution plans to construct a battery manufacturing complex in Queen Creek, Arizona. The complex will have two manufacturing facilities, one for cylindrical batteries for electric vehicles (EV) and another for lithium iron phosphate (LFP) pouch-type batteries for energy storage systems (ESS). The ESS facility will provide 16 GWh of energy storage batteries to maximize IRA benefits for customers. South Korean-based LG Energy Solution created its Vertech subsidiary and entered the energy storage integration sector after acquiring NEC Energy Solutions in the U.S. last year. In October, LG Energy Solution and Toyota announced signing of a long-term deal to supply batteries for the automakers’ electric vehicles in the U.S. The energy storage technology firm agreed to supply Toyota with 20 GWh of high-nickel NCMA battery modules annually beginning in 2025. US Energy Storage Monitor, a quarterly publication from Wood Mackenzie Power & Renewables and the American Clean Power Association (ACP), forecasted that the 2024 grid-scale ESS market is expected to reach 30 GWh total, an increase of 35 percent over 2023. To save energy & cost for your business, contact me at https://buff.ly/2EjAMbu. #Reliability #EnergyStorage #EnergyEfficiency #Renewables #EnergyAudit #Procurement #Resilience https://buff.ly/3trNUYq