Latest market news, industry voices, and technical developments
Welcome to CWIEME News 058!
This week we are pleased to share the latest market report from our Knowledge Partner, Power Technology Research, on Sustainable Transformer Technologies for an Evolving Grid and details of the global Rare Earth Industry Association (REIA) Annual Conference.
We also share news on the world’s first satellite-connected transformer and that Nynas are launching a new circular transformer fluid, along with information on Transformers Academy's Transformer Oil book and e-learning course.
Finally, we share Skoda’s plans to launch three new electric cars by 2026, Toyota’s investment to boost EV battery production and that the GM, LG Energy joint venture battery plant in Ohio has begun production.
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Until the next issue, take care – and keep connected with your colleagues around the world with CWIEME News.
Head of Content
Sustainable Transformer Technologies for an Evolving Grid
Several technological solutions have emerged in the transformer industry over the years that play a supportive role in the transition to clean energy. According to Power Technology Research, transformer suppliers that are offering innovative, sustainable and environment friendly transformer solutions are expected to increase their market share in coming years.
REIA 2022 Annual Conference: A global meeting of minds
The global Rare Earth Industry Association (REIA) is holding its next conference on 5-6 October in Hanau-Frankfurt, where decisionmakers in the technologies of vehicle electrification, wind energy, rare earth producers, magnet makers and more will review the current supply situation and identify improvements to satisfy the requirements of industrial downstream customers for improved technology adoption.
Transformers Academy: Transformer Oil
Transformers Academy's e-lesson and book on transformer oil by Dr C.S. Narasimhan, are now available. The live e-lesson on oxidation of oil will be broadcast on Thursday, 8 September, at 2PM CET. Both are valuable material for oil manufacturers, transformer manufacturers, utility chemists and engineers who manage the assets, and anyone interested in transformer oil.
World’s first satellite-connected transformer
Dynamic Ratings has announced that they have teamed up with ioSphere IoT to reach the most remote parts of the grid with the world’s first satellite-connected transformer.
Nynas launches new circular transformer fluid
The new circular transformer fluid is used in high-voltage and high-power transformers, and it complies with the IEC 60296 standard. With the launch of NYTRO RR 900X, the company offers utilities and OEMs the opportunity to join the circular economy and contribute to greenhouse gas reduction targets.
GM, LG Energy joint venture Ohio battery plant begins production
A General Motors and LG Energy Solution $2.3 billion joint venture battery production plant in Ohio has begun production. The 2.8-million square foot Ultium Cells LLC plant is the first of at least four plants planned in the U.S. by the joint venture to supply GM electric vehicles.
Toyota is Investing an Additional $2.5 Billion to Expand its North Carolina Factory to Boost EV Battery Production
Toyota Motor Corp have announced that it will invest an additional $2.5 billion at its newest U.S. facility, “Toyota Battery Manufacturing North Carolina” (TBMNC), to produce more batteries for electrified vehicles. Battery production is scheduled to begin in 2025. The latest investment brings Toyota’s total investment in North Carolina to $3.8 billion.
Electric Motor News:
Skoda to launch 3 new electric cars by 2026
Skoda is accelerating and expanding its electric car plans. The Czech VW brand will launch three new purely electric models by 2026 brought forward from 2030. The new models will be a compact car, a compact SUV and a seven-seater SUV.