State Grid Corporation of China (SGCC) has contracted Nokia to deploy IP/Optical solutions to ensure stable power supply for SGCC’s 1.1 billion customers. The network upgrade helps the Chinese TSO to monitor and control the world’s largest utility grid and transfer large data volumes across long distances.
South Korean equipment provider LS ELECTIC and Nokia have agreed to develop analytics-based platforms to evaluate power generation assets. Nokia’s SpaceTime asset lifecycle optimization platform – based on big data analytics and machine learning – allows LS ELECTRIC enhance its offerings for utility customers.
Rolls-Royce Power System is preparing to start manufacturing MTU EnergyPacks in the Siemens-Technopark in Ruhstorf, Bavaria, from early 2021. The tenancy agreement with Siemens has just been signed, allowing Rolls-Royce to boost production in Germany where it recently bought a majority stake in the Berlin-based energy storage specialist Qinous.
UK-based smart battery company Moixa has secured £4.6 million ($5.8m) in ‘bridge funding’ though a convertible loan, largely financed by Itochu Corp. Moixa said it aims to secure a further £10 million ($12.5m) by the end of the year as it wants to advance the rollout of its GridShare software in Japan.
Through careful analysis, Wärtsilä’s Fuel Laboratory Services (FLS) team in Vaasa, Finland, can adapt engines to run more efficiently on whatever fuel is available – from exotic biofuels to mixes of different gases. This makes a difference to thousands of gas and liquids-fuelled engine as more green fuels are tested and approved for usage.