Recall: Makita Gas Generators
From Canada’s Electrical Safety
Authority—details.
ManuFacts
ABB
KEMA certification—KEMA, which provides business and technical consulting,
has certified ABB’s IEC 61850 electrical integration interface.
Saudi Arabia—ABB will build six substations for Saudi
Electricity (value: $93 million).
Solar—a company release says ABB has purchased a 35% stake in Novatec
Solar of Karlsruhe, Germany (with an option to buy the rest). The headline:
“ABB investment sharpens solar focus.”
General Electric
Energy optimization specialists—“we aren’t just selling a product…we are
combining industry domain experience with GE’s engineering capabilities to create
and install solutions that will allow our customers to run safer, more efficient
operations.” From GE Energy Industrial Solutions.
China—the
State Grid of China signed a strategic cooperation agreement with GE and the
Chinese Academy of Sciences “to jointly develop smart grid standards.” More.
Energy storage—SustainX,
based in New Hampshire, obtained $14.4 million from GE Energy Financial Services
and other investors “to continue developing its technology for energy storage
using compressed air.”
Grid IQ Innovation Center—a $40 million investment, it’s in Markham,
Ontario, Canada. Release.
JV with Fuji Electric—GE and Fuji Electric Systems have formed GE Fuji
Meter in Japan.
JV with NRG Energy + Conoco Philips—“to advance emerging energy technology,”
it says here. The GE arm participating is GE Capital.
Lineage Power Holdings—GE has acquired this company for its GE Energy operation.
Lineage Power operates in the “$20 billion-per-year power conversion sector,”
according to GE. Seller: The Gores Group.
Remote Energy Monitoring—GE has acquired this company, which operates
in the United Kingdom and Australia. REM offers metering solutions with a modular
design, making them “field upgradeable, enabling utilities to integrate new
capabilities in the future without the time and expense of switching-out meters.”
Renewables investing target, hit!—GE Energy Financial Services said it reached
its “multiyear target” of having a portfolio of renewable energy investments
valued at $6 billion…by the end of last year. Details.
Smart home products—unveiled in January at CES by GE: “A new line of
smart home products, including a smart meter and display that will help homebuyers
better manage electric bills, and connected appliances that automatically react
to utility price signals,” according to ConstrucTech.
Separately, GE
created a new HEM business—report.
Wind turbine—a
new GE offering, the 2.75-103 wind turbine, was commissioned in the Netherlands
recently. It has a 50.2-meter blade design and “electrical system upgrades.”
(Note: 50.2 meters = nearly 165 feet.)
ZigBee vs. WiFi—smart
grid devices will be better off using ZigBee than WiFi, according to a recent
GE study (outlined here).
Hammond Power Solutions—Headquartered in Guelph, Ontario, Canada,
the company earlier this month disclosed 2010 sales results and said it would
acquire the transformer business of Euroelettro spa of Italy.
On the
purchase: “After more than two years of looking for the right company in
Europe, we are very pleased to acquire Eurolettro,” said Bill Hammond, CEO.
The acquired company’s annual sales were given as $15 million (Canadian).
On sales:
Q4 sales came in 2.1% below year-earlier results, at $47.6 million. Full-year
sales, at $190.6 million, were down 2.5%. From Hammond: “The worst appears to
be over and most (though not all) markets we serve are coming to life. We are
seeing…a renewal of confidence that bodes well for the net two years. We expect
that our larger footprint in the distributor channel and the product line expansions
either in place or under development will accelerate our growth rate even more.”
Honeywell—Steve Forbes, publisher of his family’s
magazine, interviewed CEO David Cote—and the Q&A was posted to a Forbes blog. Among a lot of words spoken by Cote:
…the message that I always
give to everybody is that if you look at the history of the United States, the
story of the United States, business for the good guys. In total, if we take
a look at the standard of living we have today, our position in the world, our
military strength, which a lot of people like to point to, it’s all driven by
U.S. business.
It was U.S.
business being more productive, and I used to get on it too, down there, when
people would talk about the problem was productivity. I’d say, “No, productivity
is a good thing. If you want to be competitive in the world, you need to be
more productive. It’s where your standard of living comes from.” And I tell
everybody, “We’re the good guys in this story.”
IBM
Energy opportunity—from ComputerWorld.com: IBM is developing systems that can
turn vast amounts of data collected by sensors, GPS and RFID systems in buildings
and infrastructure systems into information that can be acted on to save energy
and improve efficiency.
Smart building acquisition—IBM purchased Tririga which, Cnet News
reported, adds to the company software for managing
a portfolio of buildings, including projects to improve building efficiency
and lower carbon emissions.
Analysis of Tririga—from
GreenBiz.com, an analysis of the company IBM acquired
and sustainability.
Rockwell Automation—according
to Pharmalive.com, a new “support offering” from Rockwell will “minimize the
risk associated with using older or discounted” products from the company. More.
Schneider Electric
Demand response—LEED
is going to add a demand response credit and, according to this report, Schneider Electric and the Lawrence Berkeley
National Lab (unit, DOE) are working on it.
Home energy tool—it’s the Wiser home energy management system, and
GreenBiz.com described it here.
Poll on energy efficiency—from Schneider, on the Plant Engineeringwebsite, comes news of a survey of 300-plus “senior executives
at Fortune 1000 companies.”
Of the Fortune 1000 senior
executives surveyed, 88% feel business has a moral responsibility, beyond regulatory
requirements, to make their companies more energy efficient. At the same time,
61% of respondents say that potential cost savings are their biggest motivator
to save energy at the enterprise-level, outranking environmental concerns (13%)
or government regulations (2%).
Square D Services & Solutions Tour—more info and schedule found here.
Summit Energy—Schneider
said March 24 that it had agreed to acquire this company, “a leader in outsourced
energy procurement and sustainability services to industrial, commercial, and
institutional enterprises.” The company employs 350-plus people based in 11
offices in North America & Europe.
Who owns Areva T&D India?—as of mid-March, it’s a JV of Alstom &
Schneider. The two acquired Areva’s Worldwide T&D operations on June 7,
2010. But the process to buy the India unit followed a different timeline.
Workplace safety—OSHA has recognized Schneider’s facility in Lincoln,
Neb., as a “star” site in its Voluntary Protection Program.
Siemens
Banking operations—according to a December 2010 report, “Siemens has
received authorization from Germany’s Federal Financial Supervisory Authority
to engage in banking operations. The Siemens Bank GmbH will support sales at
the company’s three operating sectors—Industry, Energy, and Healthcare.”
Carbon Trust—the
Trust and Siemens are launching a green financing initiative (valued at around
$900 million) “that promises to help firms cover the upfront cost of energy
efficiency investments.” More.
Distribution center—the company opened one in Southaven, Miss., late
last year.
& GridPoint—the
primary focus of the work the two companies are doing together is the UK and
European market. The idea: Smart energy metering and sub-metering. More.
Plantville—Siemens
issued a release on this new gaming platform “that simulates the
experience of being a plant manager.” A video posted to PlantEngineering.com.
Solar Power Purchase Agreement program—from Siemens’ Building Technologies division
and Siemens Financial Services, the program will enable customers to add solar
energy to their properties “without making an initial capital investment in
solar equipment.” More.
Sustainable Community Awards—an effort of the Business Civic Leadership
Center (U.S. Chamber of Commerce) and Siemens, nine award finalists were recently
named.
Sustainability report—the Building Technologies Division recently issued
its second sustainability report. More.
Undersea specialists acquired—Siemens has purchased Poseidon Group AS
and Bennex Group AS from Subsea Technology Group AS (Norway). The two companies
have a combined 300 employees and consultants.
3M—obtained an estimated $4.4 million (over
three years) from the DOE SunShot Initiative to bring down the cost of solar
energy.
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