Isovolta is commercializing grades of a reformable, recyclable and weldable vitrimer prepreg as an alternative to epoxy resins for composites in aircraft interiors, electrical and industrial applications, having produced several hundred kilograms on series production equipment.

Atlanta Electricals received a Letter of Intent worth Rs 193.92 crore (including GST) from APTRANSCO for the supply of 12 units of 160 MVA, 220/132 kV auto transformers, covering design, manufacture, testing and supply.

StarCharge and Schneider Electric restructured to establish a joint venture covering European charging, energy storage and related businesses. The joint venture will supply EV charging infrastructure, PV inverters, AC and DC chargers, and energy storage systems to the European market.

PFISTERER secured two contracts to supply and install high-voltage connection and termination systems for Oman's Misfah IPP and Majan Grid Station projects, covering 400kV, 220kV and 132kV infrastructure. Combined value in high single-digit millions of euros.

Sonepar, a B2B distributor of electrical equipment, acquired EOSYS, a US-based industrial automation solutions provider. Financial terms were not disclosed.

Vertiv and Infineon Technologies signed a three-year strategic agreement for the supply of silicon and silicon carbide power semiconductors. The deal supports Vertiv's production scaling for critical digital infrastructure, including 800 VDC power systems.

Mitsubishi Electric will establish a new company to succeed its distribution control equipment business and transfer 51% of its shares to ABB for approximately 82.4 billion yen. The joint venture is expected to be formed in October 2027.

LS Electric aims to expand its ultra-high-voltage transformer production capacity from KRW 800 billion to over KRW 1 trillion annually by 2028, following completion of a second production building in Busan last year. Subsidiary LS Power Solutions also plans to increase capacity to KRW 300 billion annually by 2028.

Hyosung Heavy Industries plans to invest approximately $157 million to expand production lines at its Memphis, Tennessee ultra-high-voltage transformer plant by 2028, following completion of a second expansion this year. The company is also building a new HVDC transformer plant in Changwon, South Korea, targeting completion in 2027.

HD Hyundai Electric began full operation of a new transformer plant in Ulsan, South Korea, adding annual capacity for 40-50 transformers. The company also announced a KRW 198 billion investment for a second-phase expansion of its Cheongju distribution equipment campus.

Wilson Power Solutions Group has inaugurated a new transformer manufacturing facility in Chennai, India, with a £23 million investment. The plant raises manufacturing capacity sixfold to 20,000 MVA per year and employs over 650 people.

Henan Pinggao Electric and its subsidiaries won bids from State Grid Corporation of China for transmission and transformation equipment, with total winning amounts of approximately CNY 9.98 billion, including combination apparatus, circuit breakers, disconnectors, transformers, switchgear, and arresters.

ARRAY Technologies and Shoals Technologies Group announced a transformative merger, creating an integrated energy infrastructure platform. Shoals shareholders will own approximately 65% of the combined company, and ARRAY will serve as the legal acquirer.

Changgao Electric announced that its wholly-owned subsidiaries won bids for State Grid's 2026 fifth batch of transmission and transformation equipment procurement, totaling approximately CNY 230 million. The contracts cover combined apparatus, disconnectors, and switchgear.

Rajesh Power Services Ltd received a turnkey contract worth ₹1,628.74 crore from Dakshin Gujarat Vij Company Limited (DGVCL) to convert overhead power lines to underground cable systems in South Gujarat, India. The work is to be completed within 24 months.

Curtiss-Wright Corporation was awarded contracts valued in excess of $225 million by Bechtel Plant Machinery, Inc. to provide advanced propulsion valves, pumps and instrumentation and control systems for U.S. Navy Virginia-class submarines, Columbia-class submarines and Ford-class aircraft carriers. Work is performed at facilities in New York and Pennsylvania and will continue through 2030.

R&S Group Holding AG inaugurated a new power transformer plant in Łódź, Poland, which started operations in October 2026. The plant required a total investment of CHF 29 million and is expected to achieve payback within 18 months.

ZREW Transformatory, owned by Swiss group R&S, opened a new 20,000 sqm transformer factory in Łódź, Poland, investing 115 million zł. The plant will double production capacity and employ up to 200 workers.

Transformers and Rectifiers (India) Limited (TARIL) announced a ₹1,250 crore investment to set up three greenfield manufacturing plants at its Chiyada complex in Gujarat, producing high-voltage transformer bushings, pressboard and insulation materials, and continuously transposed conductors. Construction began in December 2025, with commercial operations expected in Q1 FY2027-28, creating over 1,000 direct jobs.

NKT has been awarded three framework agreements by Danish DSO N1 for supply of low- and medium-voltage power cables up to 72 kV, with initial six-year duration and options for two one-year extensions, starting Q3 2026.

Panasonic Industry will invest about JPY 92 billion to expand production of MEGTRON multilayer circuit board materials in Suzhou, China and Ayutthaya, Thailand, expand SP-Cap capacitor production in Uji, Japan and Batam, Indonesia, and build a new R&D centre for semiconductor packaging materials in Yokkaichi, Japan.

Eaton announced an agreement to acquire COL Group, expanding its manufacturing capacity and power distribution capabilities for data center and utility markets in Europe.

China XD Electric's 12 subsidiaries won a total of about CNY 1.115 billion in bids for State Grid's 2026 fifth substation equipment procurement. The contract covers transformers, switchgear, capacitors, and arresters.

Accord Transformer & Switchgear Limited secured four domestic orders totaling Rs 4.13 crore (excluding GST) from Megha Engineering & Infrastructures Limited, Integrum Energy Infrastructure, and two private companies. The largest order, worth Rs 2.65 crore, is for six 1,600 kVA packaged substations for EV charging stations under MSRTC projects.

Gaon Cable, via its U.S. subsidiary LSCUS, plans to invest approximately $50 million to add two production lines at its Tarboro, North Carolina factory, aiming to double cable production capacity by 2027.

TSEA Energy has invested approximately $230 million over the past 12 months to expand manufacturing capacity, with a significant portion directed toward a new power transformer factory complex in Contagem, Brazil. Output is committed through 2029.

State Grid Corporation of China announced the results of its fifth batch of switchgear tenders for 2026, awarding 74 packages worth RMB 815.63 million to 47 suppliers. Xidian Baoji Electric ranked first with RMB 51.05 million.

Rockwell Automation has added two factories in Chennai, India, taking its manufacturing base in the city to three. The new factory is dedicated to the Cubic line of modular enclosures and electrical panel components, and a semiconductor-focused plant produces power and electrical infrastructure for chip manufacturing.

The Egyptian Electricity Transmission Company issued a contract to Hitachi Energy for the supply, installation and testing of a 66 kV gas-insulated transformer cell and a 40 MVA transformer for the expansion of the Abis substation in Alexandria, valued at $2.49 million and EGP 2.05 million.

Stryten Energy completed its acquisition of C&D Trojan, creating one of North America's most comprehensive battery manufacturing and energy storage portfolios.

The U.S. Army Corps of Engineers awarded a $61.5 million contract to Dominion Privatization Texas for the Phantom Warrior Microgrid at Fort Hood, Texas. The project includes ~3 MW gas reciprocating generation, 1.5 MW solar parking canopy, and 1 MW BESS, with completion expected in May 2029.

Ipsum Group has acquired Chester-based B&S Group Ltd, a specialist in custom electrical engineering, off-site build, and power system solutions. The acquisition strengthens Ipsum's Power division.

National Grid Electricity Transmission signed an agreement to purchase over 70 acres at Dorman Point within the Teesworks industrial estate for a proposed 400 kV transmission substation. The facility is designed to support over 1 GW of connection capacity for industrial and data-center developments.

AE Components Private Limited, a wholly owned subsidiary of Atlanta Electricals Limited, approved an investment of ₹193.58 crore to establish a new manufacturing facility for transformer tanks, frames and radiators. The project is targeted for completion within one year.

Seondo Electric secured a $4.7 million (KRW 6.342 billion) contract to manufacture and install 29 kV switchgear for Phase 2 of the Honam High-Speed Railway project between Gomakwon and Mokpo, South Korea. The agreement with the National Railroad Authority runs from 30 October 2026 to 31 October 2028.

CIRCOR, a KKR portfolio company, signed a definitive agreement to acquire Italian hydraulic pump, electric motor and engineering provider Green Silence Group. It will join CIRCOR's Industrial Pumps Europe business upon closing.

Parth has proposed a ₹6 crore all-cash acquisition of 100% of Takalkar, which would become its wholly owned subsidiary. The board approved the proposal on 29 October 2026, with completion expected within one month. Takalkar adds electrical engineering services and design capabilities for power generation, transmission and distribution, and will help Parth develop gas-insulated switchgear (GIS) solutions up to 220 kV.

Voltamp Energy signed a land lease agreement in Sohar Freezone, Oman, to establish a transformer manufacturing facility with an estimated investment of 20 million Omani rials ($52 million). The first phase is expected to be completed during 2027, with initial capacity of 5,000 MVA.

GE Vernova has agreed to acquire Trench Group, a manufacturer of high-voltage grid equipment, from Triton Partners for $9 billion. The deal aims to expand GE Vernova's electrification business and power transmission capabilities.

Electrovaya agreed to invest approximately $1.4 million in Janus for up to 4.2 million shares and up to 6.3 million warrants, partnering on diesel-to-electric truck conversions.

Hitachi Energy announced on October 22, 2026, an investment of R$385 million (approximately US$77 million) to expand transformer-component manufacturing in Brazil. The investment includes a new facility for high-voltage bushings and tap changers in Pindamonhangaba, São Paulo, and expanded insulation-material production in Guarulhos, creating over 120 jobs.

NKT completed the investment to expand its power cable production in Esposende, Portugal, strengthening capacity and capabilities.

Møre Trafo started production at its new substation factory in Sykkylven, Norway, in October 2026, one month ahead of schedule. The factory will nearly double annual output from 650 to 1,200 substations.

Vertiv is adding about 22,000 square meters of production capacity at its Nové Mesto nad Váhom site in Slovakia to make power and cooling solutions for digital infrastructure. The project is expected to create hundreds of jobs in 2027 to 2029.

Accu-Mold LLC plans to construct a 53,000-square-foot addition to its Ankeny plant to increase production of precision micro injection molded components. The $33.25 million investment is expected to create 150 jobs, supported by $1.08 million in state tax credits.

Flux Steel Works unveiled plans to renovate and re-equip a former ATI steel plant in Ohio to produce grain-oriented electrical steel (GOES) for power transformers. The announcement was made on September 16, 2026.

OTC Industrial Technologies acquired Global Energy Solutions, LLC, a regional distributor and repairer of industrial electric motors, controls, pumps, gearboxes and switchgear. Jones Day advised on the deal.

Mitsubishi Electric announced it will spend $1.4 billion to acquire PCI Energy Solutions, whose platform manages about 60% of U.S. power generation. The transaction is expected to close by the end of 2026.

ESKA Valve plans a €30 million investment at its 30,000-square-metre Sakarya facilities to increase smart ultrasonic natural gas meter production capacity over two years, creating 100 jobs.

SPX Technologies completed the acquisition of Neptronic Inc. for a total cash consideration of CA$605 million.