Technology

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Intel to Receive $8.5 Billion in Funding from CHIPS & Science Act for Chip Facility Expansion

March 22, 2024
Intel will invest the government funding in facilities located in Chandler, AZ; New Albany, OH; Rio Rancho, NM; and Hillsboro, OR.
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GE Spins Off Vernova Unit to Focus on Power, Wind & Electrification

March 7, 2024
GE Vernova is expected to have between $34 billion and $35 billion in 2024 revenues.
Meta

Artificial Intelligence Supercharging Data Center Demand

Feb. 8, 2024
The growth of the data center market spreading to new geographic market areas across the United States, and some smaller and mid-sized market areas are becoming hot spots for ...
Hertz

Electric Vehicle Market News: Hertz Slashes EV Fleet; Siemens Completes Heliox Acquisition

Jan. 11, 2024
Hertz hit the headlines on Jan. 11 with the news that it was trimming its EV fleet of rental cars by 20,000 and investing the proceeds from the sales of these EVs to buy more...
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Slower Vehicle Putting Brakes on Construction of Proposed EV Plants

Dec. 21, 2023
On Dec. 20, Panasonic announced that it would not be building an EV battery plant in Oklahoma.
Orsted / Eversource

Stormy Weather for Offshore Wind Farms?

Nov. 30, 2023
Orstead cancelled plans to build two massive wind farms off the New Jersey Coast.
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The Impact of AI on Data Centers

Nov. 30, 2023
A CBRE research said because of the processing power needed for AI’s complex computations, they will require more electrical power at these facilities.
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Utility-Scale Solar Leads Renewables Market According to 3Q 2023 ACP Report

Nov. 30, 2023
Wind farm development slowed down in 3Q 2023.

Schneider Electric Wins $3-Billion Data Center Contract

Nov. 17, 2023
Schneider Electric has manufactured and delivered about 150 modular data center solutions to Compass.
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Digital Power Reshaping Lighting Control System Installations

Oct. 5, 2023
While Power over Ethernet (PoE) has been used in the lighting industry for several years, the newest rendition of it, X-oE, can handle up to 120W -- enough to power more advanced...
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Digital Power, EV Chargers & Construction Tech Hit Show Floor at NECA 2023 in Philly

Oct. 5, 2023
The NECA Show Directory listed 19 manufacturers exhibiting EV charging equipment at Philadelphia event.
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Search for a Single Source of Truth in Product Data Continues at E-Biz 2023

Sept. 22, 2023
At IDEA’s 2033 E-Biz Conference, the electrical industry continued on its search for a single source of truth in digital electrical product data.
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Siemens Invests in EV training

Sept. 8, 2023
The Siemens Foundation recently announced a $30-million, 10-year initiative to drive an inclusive workforce for the electric vehicle (EV) charging sector, according to a company...
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Heliox Siemens2

Siemens to Acquire Provider of EV Charging Products for Buses & Trucks

Aug. 24, 2023
Siemens AG signed an agreement to acquire Heliox, a Netherlands-based technology leader in fast charging solutions for e-bus and e-truck fleets and passenger vehicles. The acquisition...
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Ørsted's Ocean 1 Offshore Wind Farm Approved

July 6, 2023
The Department of the Interior’s Bureau of Ocean Energy Management has approved the plan for construction and operations of Ørsted's Ocean Wind 1 project offshore New Jersey. ...
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Rivian Electric Vehicles Will be Compatible with Tesla SuperChargers

June 22, 2023
Rivian is the latest EV manufacturer to announce that drivers of its EVs will be able to access Tesla’s Supercharger network across the United States and Canada. Ford and General...
Lightfair Cruise

LightFair 2023 Show Report

June 1, 2023
On LEDVANCE’s dinner cruise to the Statue of Liberty in New York Harbor, guests got a great view of the New York City skyline – and the thousands of lighting jobs past, present...
Sonepar Alliantz

Sonepar France Acquires Majority Share in Solar Specialist

Jan. 12, 2023
Sonepar France acquired a majority stake in Alliantz, a privately-owned distributor of photovoltaics and energy efficiency solutions. According to the press release, Alliantz ...
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Acuity Buys OSRAM Digital Lighting Unit

Jan. 1, 2023
The ams OSRAM Digital Systems business is one of the largest LED lighting driver companies in North America.
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Green Mountain Electric Supply Acquires Lighting Distributor

Dec. 21, 2022
Green Mountain Electric Supply, Colchester, NY, acquired Generation Electric Supply & Lighting, a single-branch operation located in the Syracuse, NY, market, according to a post...
Home Depot Solar

Home Depot Makes Major Solar Purchase from National Grid

Dec. 1, 2022
Home Depot recently purchased 100MW of solar energy from National Grid Renewables at its solar and storage project in Denton County, TX. This electricity will generate the approximate...