The New Development Bank (NDB) has approved $2.3 billion in loans for 10 renewable energy projects, focusing on solar, wind, and hydropower technologies. This investment aims to install 2.8 GW of clean energy capacity, preventing 4 million tons of CO2 emissions annually. The projects will support South Africa’s transition to a sustainable energy future and align with the Just Energy Transition Partnership. #RenewableEnergy #Sustainability #GreenEnergy #ClimateAction #NDB #EnergyTransition Read more here: https://lnkd.in/dXJwXMQf
About us
We are the digital voice of the power industry.
- Website
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https://transformer-technology.com/pst.html
External link for Power Systems Technology
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- Advertising Services
- Company size
- 11-50 employees
- Type
- Privately Held
- Founded
- 2022
Employees at Power Systems Technology
Updates
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The U.S. Department of Energy (DOE) has allocated over $240 million to support the adoption of innovative building energy codes across the U.S. This funding, from the Inflation Reduction Act (IRA), will help reduce energy costs, improve building resilience, and combat climate change. With projects in key cities like Philadelphia, New York City, and Colorado, the initiative focuses on creating safer, more energy-efficient homes and workplaces. #BuildingEnergyCodes #EnergyEfficiency #ClimateAction #Justice40 #CleanEnergy Read more: https://lnkd.in/dnMpXPzZ
U.S. Department of Energy Unveils $240M in Grants for Building Performance Standards
powersystems.technology
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Discover Our Latest Issue! This issue dives into grid resilience, addressing challenges like aging infrastructure, extreme weather, and renewable integration. Explore expert insights, including an interview with Hitachi Energy's Andreas Schierenbeck, and learn how IEEE PES guidelines are shaping the future of energy. #EnergySector #GridResilience #RenewableEnergy #EnergyInnovation #IEEE #PowerSystems
Resilience of the Power System
Power Systems Technology on LinkedIn
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General Motors and Samsung SDI reaffirm their $3.5 billion investment in an EV battery plant near New Carlisle, Indiana. This project will bring over 1,500 jobs to the area and play a vital role in the electric vehicle industry. With production slated for 2027, the region continues to move forward in the clean energy transition. #EV #BatteryTechnology #CleanEnergy #GeneralMotors #SamsungSDI #Indiana #Manufacturing #Sustainability Read more here: https://lnkd.in/dmsKiAXt
GM and Samsung Confirm $3.5 Billion EV Battery Plant for Indiana
powersystems.technology
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⚡Unveiling Our Latest Magazine Edition ⚡ The energy sector is facing significant challenges—from aging infrastructure, extreme weather, cyber threats to the integration of renewable energy. Our latest magazine edition addresses the critical issue of grid resilience, providing essential insights and strategies to help you navigate these challenges. 🌍 Why It Matters: Grid resilience has become a pressing concern for the energy industry. Learn how IEEE Power & Energy Society guidelines are playing a pivotal role in transforming the energy landscape, driving innovation, and ensuring a smooth transition to renewable sources. Many thanks to Mitsubishi Electric for their invaluable support of the IEEE PES Section. 📖 What You'll Find Inside: Gain perspectives from industry leaders: Damir Novosel, Billy Lao, Nand Singh, Joshua Yun, Wayne Bishop Jr., Tony McGrail, Georgios Giovanakis, Andreas Schierenbeck, Michael Sheppard, Kenneth Peterson, MBA, Thomas Kessler, Ben Lanz, Abder Elandaloussi ,PE, MSEE, MBA, and Chip Angus, CRL. Their expertise offers valuable knowledge on the innovations shaping the future of energy. 🤝 A Special Thanks: We’re grateful to Mitsubishi Electric and key partners such as Maschinenfabrik Reinhausen, Pittman Power LLC, Cargill, Informa, Doble Engineering and CIGRE for their continued and dedicated support. Your partnership is essential to the ongoing advancement of the industry. 👉 Don’t Miss Out: This magazine is your guide to understanding and leading in the evolving energy sector. Click here to read the full magazine - https://lnkd.in/djeU6iSm
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Big moves in renewable energy! 🌞 Swift Current Energy has secured tax equity investment from Google for the 800 MW Double Black Diamond Solar Project in Illinois, set to be the largest solar project east of the Mississippi. Meanwhile, EBRD and Raiffeisen Bank have committed €110 million to solar projects in Romania, and Levanta Renewables expands with new acquisitions in Southeast Asia. In New Zealand, Lodestone Energy announces two new solar projects, and Generate Capital closes a $64 million fund for projects in New York. #RenewableEnergy #SolarPower #CleanEnergy #EnergyInvestment #Sustainability #ClimateAction Read more: https://lnkd.in/daHmMdNh
Google Invests in 800 MW Solar Project by Swift Current Energy
powersystems.technology
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Poland takes a significant step toward energy diversification by allocating $1.2bn from its 2025 budget to launch its first nuclear power plant, projected to start operations in ten years near the Baltic Sea. The plant aims to combine nuclear and renewable energy to reduce electricity costs and support Poland’s energy independence. #EnergyTransition #NuclearEnergy #Poland #CleanEnergy #RenewableEnergy Read more here: https://lnkd.in/epRu4gWT
Poland Allocates $1.2bn to Kickstart First Nuclear Power Plant
powersystems.technology
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Lion Energy has secured a $10 million joint development agreement with DGA Energy Solutions Australia Pty Limited and Samsung C&T Corporation to develop a green hydrogen production and refuelling hub at the Port of Brisbane. This project is set to produce 850 kg of hydrogen daily, helping transition heavy mobility and industrial fleets to green energy solutions. #GreenHydrogen #EnergyTransition #Sustainability #LionEnergy #HydrogenHub #PortOfBrisbane Read more here: https://lnkd.in/day633Qy
Queensland Hydrogen Hub Advances with Lion Energy’s $10 Million Deal
powersystems.technology
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🌍 At DistribuTECH International 2024, we spoke with Claudia Blanco and Claudia Cosoreanu from GE Vernova and Grid Automation at GE Vernova, about some game-changing developments: https://lnkd.in/dj-pnAHH #EnergyInnovation #GridSolutions #Decarbonization #SmartGrid #RenewableEnergy #FutureOfEnergy #EnergySector #DistribuTECH2024 Tahira Komal Cristine Tossan
Innovation is not just a buzzword but a driving force shaping the energy landscape. Here are a few standout takeaways from our interview at DistribuTECH International 2024 with Claudia Blanco, Innovation and Customer Partnership Officer at GE Vernova’s Grid Solutions and Claudia Cosoreanu, MBA, PEng., CTO of Grid Automation at GE Vernova: 👉Next-Gen Technologies: The energy sector is on the cusp of a revolution with advanced technologies transforming grid solutions. Think smarter, more efficient energy systems. 👉Collaborative Sustainability: It’s inspiring to see how partnerships are driving meaningful decarbonization efforts. Collaboration is key to tackling our biggest energy challenges. 👉Grid Automation: Claudia Cosoreanu shed light on how grid automation is crucial for integrating renewable energy and modernizing our infrastructure. It’s clear that automation is a game-changer for the future of energy. If you're interested in how these advancements might impact your sector, we highly recommend giving it a watch! https://lnkd.in/dj-pnAHH 🔍 What innovations are you most excited about in your industry? #EnergyInnovation #GridSolutions #Decarbonization #SmartGrid #RenewableEnergy #FutureOfEnergy #EnergySector #DistribuTECH2024 Tahira Komal Cristine Tossan
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SOFAR has secured subsidies from the Japanese government, marking a significant step forward for its cutting-edge energy storage solutions. These subsidies will enhance disaster resilience and promote sustainability for small and medium-sized businesses. #EnergyStorage #SustainableEnergy #DisasterResilience #GovernmentSupport #EnergyTransition Read more: https://lnkd.in/dyG8cvbc
SOFAR Receives Japanese Subsidies for Sustainable Energy Solutions
powersystems.technology