Global Power Transmission and Distribution Equipment Markets, 2021-2027: Growing Demand for New-Age Power Transformers Drive Healthy Market Growth prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Who’s hiring in Pittsburgh? Pennsylvania Resources Council, Astrobotic, The National Aviary and more 7/12/21
IT and Engineering
Astrobotic has an opening for a Graphics and Simulation Engineer to develop core infrastructure and simulation tools that enable autonomous technologies, including precision landing and hazard detection on the Moon.
Business and Finance
Kane Community Living Centers has an opening for a Chief Financial Officer to oversee fiscal, budget, payroll, purchasing and revenue collection functions and operations and ensure that records, controls and accounting procedures are in place.
FHL Bank is looking for an Economic Development Analyst to support economic development products and strategic business goals, participate in affordable housing initiatives and provide customer service.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Mitsubishi Electric to Provide Integrated Power Protection and IT Cooling Solutions for US Data Center Applications
April 1, 2021 GMT
WARRENDALE, Pa. (BUSINESS WIRE) Apr 1, 2021
Mitsubishi Electric is pleased to announce the strategic alliance between US-based Mitsubishi Electric Power Products Inc. (MEPPI) Uninterruptible Power Supplies Division and Mitsubishi Electric Hydronics and IT Cooling Systems S.p.A. (MEHITS) headquartered in Italy. This strategic alliance will integrate MEHITS and MEPPI IT Cooling Solutions and Uninterruptible Power Supplies and offer turnkey solutions and services for data center applications in North American markets.
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According to this report the global synchronous condenser market was valued at US$ 507.64 million in 2019 and is projected to reach US$ 580.28 million by 2027; it is expected to grow at a CAGR of 2.6% from 2020 to 2027.
The demand for traditional power generating sources is declining with aging power generation plants, decommissioning, environmental regulations, increasing competition from gas-fired turbines, and renewable energy sources. Several aged coal-fired power plants across North America and Europe are being shut down owing to these factors. For instance, in 2019, 8.3 GW worth of capacity retirements took place, of which 53% were coal. Withdrawing a power generation unit decreases a plant s capacity for reactive power. There is a growing trend of turning aging power plants into synchronous condensers to stabilize the grid systems. These synchronous condensers provide the reactive power needed for ar