How a Tax Rule Could Aid Renewable Spending. Schneider Electric Says It Could Be Big.
The company is using part of the Inflation Reduction Act to bring more capital into the renewable power generating industry.
Source: marketwatch.com
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Top News In Electrical Components Today - Breaking & Trending Today
Volkswagen, Mahindra Sign Supply Agreement for EV Components
By Adria Calatayud Volkswagen and Mahindra & Mahindra signed a supply deal for electric components and vowed to evaluate further collaboration...
Source: marketwatch.com
Schneider Electric 4Q Rev EUR9.48B
By Dominic Chopping Schneider Electric hiked its dividend and said it expects revenue and earnings to rise this year with a record order backlog providing...
Source: marketwatch.com
Siemens Energy to Invest About $150 Mln in North Carolina Expansion
By Nina Kienle Siemens Energy plans to invest almost $150 million to expand its operations in North Carolina. The German energy-equipment company will...
Source: marketwatch.com
GrafTech International Cuts 2024 Graphite Electrode Capacity by 12% -- Commodity Comment
By Mary de Wet GrafTech International is reducing production capacity by 12% this year, including indefinitely suspending most of its operations at its...
Source: marketwatch.com