News

The French competition watchdog, Autorité de la concurrence, has imposed fines totaling €470 million on electrical equipment manufacturers Schneider Electric and Legrand, along with distributors Rexel and Sonepar, for engaging…

Two major manufacturers, CMC Electronics and Electro-Mechanical, have announced significant expansions in Virginia, collectively creating 198 new jobs and contributing millions in investments to the state. CMC Electronics, a global…

Slovenian measurement equipment manufacturer Metrel has introduced the MI 3114 PV Tester, a multifunctional device designed to enhance safety testing for photovoltaic (PV) systems. Capable of handling systems with voltages…

In a groundbreaking logistics operation, Ares has successfully coordinated the transport of a massive transformer across Australia, utilizing a new, specially designed trailer system. This transport marks a significant milestone…

The world’s largest producer of transformers, Hitachi Energy, has issued a stark warning that the industry is “overwhelmed” by soaring demand for grid equipment, potentially causing significant delays to infrastructure…

KRN Heat Exchanger and Refrigeration Limited has achieved a significant milestone, surpassing Rs 100 crore in standalone revenue for the second quarter of FY25, reflecting impressive year-on-year growth and a…

Carrier Transicold has introduced the Supra S10MT, a diesel-powered refrigeration unit designed for multi-temperature straight trucks. The new unit, aimed at improving overall fleet efficiency, offers enhanced cooling capacity, performance,…

Xinlei Compressor Co., Ltd. (SZSE: 301317) recently reported solid earnings, but investor sentiment remained tepid, signaling concerns beneath the surface. After analyzing the company’s financials, it becomes clear that investors…

The global reciprocating compressor market is experiencing robust growth, driven by rapid industrialization and increasing demand across key sectors. According to a report by Allied Market Research, the market, valued…

LONDON – Serica Energy plc (AIM: SQZ) has announced an interruption in production at its Triton Floating Production Storage and Offloading (FPSO) facility, following a technical issue with the facility’s…