Siemens is planning to sell off its Innomotics motor and drive business unit for €3.5 billion to investment portfolio company KPS Capital Partners. The move follows creation of Innomotics, carved out as a discrete business […]
Few companies in the industrial sector have embraced the concept of electrification on a worldwide scale as prodigiously as electrical equipment maker Ingeteam of northern Spain. Addressing multiple technologies to support propulsion, wind and solar energy, and hydrogen power, its products are increasingly spanning the globe. […]
Volvo Trucks is developing trucks with combustion engines that run on green hydrogen. A key collaboration partner in the effort is Westport Fuel Systems of Canada whose high-pressure direct injection technology is a key enabler. […]
Semiconductor company Infineon Technologies and HD Korea Shipbuilding & Offshore Engineering Co. Ltd. have signed a non-binding memorandum of understanding as a first step towards jointly developing emerging applications for the electrification of marine engines and machinery using energy-efficient power semiconductor technology. […]
Siemens Energy and Air Liquide have officially opened their new gigawatt electrolyzer factory in Berlin positioned to make electrolyzers a mass product. With an annual production capacity of one gigawatt, Siemens Energy and Air Liquide […]
Clutching more fresh orders for its alkaline water electrolysis systems for producing green hydrogen at industrial scale, Dortmund, Germany-based thyssenkrupp nucera is reporting robust business growth while further investing to refine its technology and build […]
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