Around the Industry

TDK Corporation (TSE 6762) has announced the recent installation of solar panels at its power supply manufacturing facility in Ilfracombe, North Devon. Electricity produced by the 92kWh solar array will help power the whole factory, including the recently opened EMC test facility. The company anticipates a return on investment in approximately 5 years.

When you think of March, you think of St. Patrick’s Day. And what color immediately comes to mind? Green. But today, the color green has taken on a brand new significance as the symbol of the booming green energy movement. That has become a vital component of Europe’s economy—including the nation where St. Patrick’s Day originated.

Waste Heat Recovery System Market size will surpass $80 Billion by 2025, according to a report by Global Market Insights. Robust industrial sector growth along with rising demand for energy efficiency across key manufacturing sectors will drive the market growth. Shifting focus toward emission control coupled with stringent government regulations will stimulate the adoption heat recovery systems. 

Countries at the forefront of the energy transformation are getting more than a third of their energy from variable renewables like solar and wind, and they’re doing it in a cost effective manner. By making use of innovative solutions that allow to integrate a higher share of renewables into power systems, innovation holds the key to a cost effective global energy transformation.

The year has started for Azelio with continued positive development. In line with the business plan, the global presence has been expanded to Morocco. The development centre in Åmål in Sweden has expanded its testing facilities for product verification. The company has also been reinforced with increased qualified expertise to progress the industrialisation as planned.

Aiming to put the UK at the forefront of an electrification revolution, The University of Strathclyde’s Advanced Forming Research Centre (AFRC) and department of Electronic and Electrical Engineering will form the Scottish arm of a hub that is combining expertise in electrical machines and manufacturing for the first time.

Green building technology has become one of the hottest trends in construction. The benefits of a green technology application in construction are far-reaching and comprehensive, offering significant advantages when used in new facilities as well as existing structures. By Ujjwal Goel, Managing Director of Teraciel Engineering and Contracting (TEC)

Renewable energy is the most competitive form of power generation in Gulf Cooperation Council (GCC) countries, according to a new report published today by the International Renewable Energy Agency (IRENA). Abundant resources, together with strong enabling frameworks have led to solar PV prices of below three cents per kilowatt hour and dispatchable concentrated solar power (CSP) of 7.3 cents per kilowatt hour, which is less than some utilities in the region pay for natural gas. 

An integrated six megawatt energy storage project contract for the Caribbean island of Bonaire has been awarded to Wärtsilä. The engineering, procurement, and construction (EPC) hybrid energy project includes both the hardware, consisting of batteries and inverters, as well as GEMS, the energy management software from Greensmith Energy, a Wärtsilä company. 

The Seine may soon be the world’s greenest river and Paris boat operators are leading the way. The City of Paris has set ambitious goals to improve air quality and reduce the city’s carbon footprint in conjunction with the upcoming Olympic Games in 2024. Dubbed ‘Green Paris’, these goals will, in large part, be reached through transitioning to clean electric mobility.