GE Vernova and Seatrium's consortium was awarded a TenneT contract to deliver major parts of BalWin5, a 2.2 GW offshore HVDC grid connection for German North Sea wind power. GE Vernova will supply converter stations and HVDC technology, while Seatrium will design, build and install the offshore converter platform.

Dover Corporation agreed to acquire Bremen-based SIKORA AG for €550 million in cash, to be integrated into its MAAG unit. SIKORA makes precision measurement and control systems for wire, cable, hose and plastics production, and had about €100 million revenue in 2024.

GE Vernova secured a contract from 50Hertz Transmission GmbH to deliver three 300 Mvar FACTSFLEX GFM STATCOM units for substations in Mecklenburg-Western Pomerania and Saxony, announced 5 December 2024.

The Hamburg Green Hydrogen Hub commissioned Siemens Energy to supply a 100MW proton exchange membrane electrolyser plant in Germany. No contract value was disclosed.

Maschinenfabrik Reinhausen is investing around EUR 20 million to add three production bays in Regensburg, Germany, expected in operation by mid-2025, raising capacity by 25% by 2025.

VINCORION signed a contract to deliver more than 700 EPG huskyV W 600 onboard generators for the Boxer wheeled tank, worth about EUR 12 million, with further orders expected.

JEAN MÜLLER is investing a further €10 million in its Eltville production site to add about 8,000 square metres of production space, modernize logistics and buy new machines. Construction began in early 2024 and completion is planned for autumn 2024.

Schaeffler AG signed a business combination agreement with Vitesco Technologies Group AG and announced a voluntary public tender offer for all Vitesco shares. The announcement was made from Herzogenaurach, Germany.

Prysmian PowerLink received new contracts worth about EUR 1.1 billion from German grid operator 50Hertz for the NOR-11-1 subsea and DC31 underground HVDC cable projects, announced on 29 September 2023.

German grid operator Amprion awarded GE Vernova's Grid Solutions business a contract for twelve 400 kV power transformers totaling more than 5,000 MVA, to be built in Mönchengladbach. Delivery is planned from 2025 to 2027.

SAMSON AG received final approval for its new factory at the Offenbach Innovation Campus, with construction started in August 2023 and completion scheduled by 2026. Production of electronic positioners is planned from October 2024.

AXXERON Group integrated Hensches GmbH of Mönchengladbach and Kallenbach Elektronik GmbH of Euskirchen into its automation segment, strengthening retrofit, remote maintenance and control cabinet manufacturing.

Siemens Energy and Dragados Offshore have won a EUR 4 billion contract from Amprion for two 2GW offshore grid connection systems, LanWin1 and LanWin3. Siemens Energy will supply converters, transformers and switchgear with a 10-year maintenance agreement, and Dragados will build and install the platforms.

Hitachi Energy won a major order from TenneT and TransnetBW to supply HVDC Light converter stations and cable section stations for the 2,000 MW SuedLink DC4 interconnection, announced August 3, 2022.

Hitachi Energy won a major order from TenneT and TransnetBW to supply HVDC Light converter stations for the SuedLink DC4 link, which will carry up to 2,000 MW from Wilster in the north to Bergrheinfeld in the south. The announcement was made on 3 August 2022.

Seehafen Kiel commissioned Siemens to build two additional SIHARBOR shore power plants at Kiel's Ostuferhafen, with a total investment of about €17 million. Completion is planned for the end of 2023.

SEMIKRON and Danfoss Silicon Power announced a merger creating a joint power electronics business, SEMIKRON-Danfoss, with over 3,500 workers. The transaction is subject to regulatory approvals and expected to close no later than Q3 2022.

Scanfil plc is adding 2,200 m² to its Wutha-Farnroda factory in Germany, raising its size by 50%. The expansion is expected to be in production use in the second quarter of 2022.

GE Power Conversion was selected by Austrian BUMA engineering to supply electrical equipment for a new descaling spray plant at thyssenkrupp Steel Europe's hot rolling mill WBW2 in Duisburg, Germany, under a contract worth about USD 3.6 million, with works running from February to August 2022.

Siemens Energy is investing over €60 million to add a 6,200 m² vacuum interrupter manufacturing facility at its Berlin switchgear plant, scheduled to start operations in 2023. The vacuum interrupters form the core of its SF6-free Blue Portfolio.

Ziehl-Abegg is investing 36 million euros in a new production facility at its Kupferzell site in Baden-Württemberg, with 16 million for buildings and 20 million for machinery, and plans 180 additional jobs.

Mimir Group agreed to acquire Wärtsilä Euroatlas GmbH from Wärtsilä Corporation. Euroatlas, based in Bremen, makes power conversion systems for naval, aviation and mobile land applications; closing is expected in Q3 2021.

ABB has secured a contract from rail vehicle maker Stadler to supply traction converters and lithium-ion energy storage systems for 55 new NAH.SH bi-mode electric multiple units in northern Germany. The order also covers traction converters for more than 600 new BVG underground cars in Berlin.

BorgWarner and AKASOL signed a Business Combination Agreement on 15 February 2021 for a strategic partnership. BorgWarner's subsidiary will launch a voluntary public takeover offer of EUR 120.00 per share, a 23.4% premium, with founders holding 59.4% of shares committed to tender.

Nuremberg-based Gossen Metrawatt acquired WPT and all its subsidiaries, and WPT was renamed Global Power Technology (GPT).

Marelli is opening a production facility for electric drivetrains in Cologne, Germany, on 18,000 square metres, with production slated to start in the first half of 2021 and about 160 employees.

Ziehl-Abegg SE is investing 16 million euros to expand its production buildings at Kupferzell, adding about 8,400 square metres for energy-efficient electric motors and composite fan production. The official groundbreaking took place with Baden-Württemberg's economics minister present.

Measurement technology maker Siko GmbH is investing 12 million euros in a second plant in Bad Krozingen, with 60 jobs planned and completion expected in early 2020.

Effective January 1, 2018, WIKA acquires Hirschmann MCS, a business unit of Hirschmann Automation and Control owned by Belden, which becomes WIKA Mobile Control with sites in Ettlingen, Chambersburg and a China joint venture.

Danfoss has acquired the Kavlico thin-film sensor technology and a 6,000 sqm building with a clean room near Hannover, Germany, from Sensata Technologies, with up to 40 new employees.

Moog agreed to acquire the global Rotary Transfer Systems business from Morgan Advanced Materials for €40 million in cash, including its manufacturing sites in Antweiler, Germany and Chalon-St-Memmie, France. Closing is expected within 60 to 90 days, subject to German regulatory approval.

Allectra GmbH opened a new manufacturing facility and service centre in Villingen-Schwenningen, Southern Germany, to increase production of in-vacuum custom cables and feedthroughs and host a valve service centre.

Ziehl-Abegg is investing 28 million euros in a new building and machinery in the Hohenlohe Business Park in Kupferzell, Germany, for making energy-saving EC fans and drives. Relocation from Künzelsau is due at the end of 2017, with 140 jobs transferred.