Cemre Shipyard awarded Norwegian Electric Systems a contract for energy design, system integration and smart control for two Windkeeper service operation vessels being built for GC Rieber Shipping. Delivery of equipment is planned for early 2024.

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.

Midea-owned Welling Auto Parts started production on January 6, 2023 at the first phase of its new NEV parts base in Anqing, Anhui province. The base targets 1 million electric compressors, 1.2 million EPS motors and 200,000 drive motors a year.

Hitachi Energy won two major orders from Equinor and Polenergia for AC grid connections and STATCOM power quality solutions for the MFW Baltyk II and III offshore wind farms, with combined capacity of 1,440 MW. First power is scheduled for 2027, pending a 2024 final investment decision.

Equinor and Polenergia selected Hitachi Energy to deliver electrical systems infrastructure for the MFW Baltyk II and MFW Baltyk III offshore wind projects, totaling 1440 MW, in the Baltic Sea off Poland. The projects await final investment decision planned for 2024.

Schneider Electric plans to invest Rs 425 crore in a new smart factory in Bengaluru that will consolidate 6 of its 10 existing local factories. The campus will expand to 10 lakh square feet and create over 1,000 jobs, with 80% of output exported.

Middle-market private equity firm Wynnchurch Capital acquired a majority stake in Industrial Service Solutions, a US industrial MRO services company, from Edgewater Funds and JZ Capital Partners. The deal was reported on 20 December 2022.

Wärtsilä signed a repeat order with EDF Renewables UK and Ireland to deliver a 50 MW / 100 MWh lithium-ion grid-scale battery storage facility in Sundon, Bedfordshire, as part of an Energy Superhub. Construction is expected to start in spring 2023.

Ziehl-Abegg is investing 100 million euros in a new 46,500 m2 US production plant in Winston-Salem, North Carolina, expected ready for occupancy in 2024, with the existing Greensboro site relocated there in 2025.

Manitoba Hydro signed a contract with Siemens Canada to install up to twelve replacement generator circuit-breaker systems at its 1,220 MW Kettle Generating Station in Manitoba.

Siemens introduced the HB1-Compact generator circuit-breaker, a customizable compact model for power plants, to be showcased at Enlit Europe in Frankfurt.

South African valve and pump maker Paltech signed a distribution partnership with Schneider Electric, effective 1 May 2023, making it the sole OEM official distributor of Schneider automation instrumentation in Sub-Saharan Africa.

Continental announced a project to invest close to 210 million euros in expanding its Silao Las Colinas operations in Guanajuato, Mexico, adding floor space and building a new 12,600 m2 plant for electronic control units, expected to create 1,500 direct jobs over three years.

National Grid Gas awarded a single contract for the design, manufacture, testing and delivery of an Integrated Control & Safety System for a new unit at the Hatton Compressor Station near Lincoln, England. The contract value is not stated.

Pioneer Power Solutions received an $8 million purchase order from one of the world's largest automakers for its E-Bloc electrical solution to power a new EV campus, with delivery scheduled for Q3 2023.

Spirax-Sarco Engineering completed its acquisition of Vulcanic from Qualium for €261.7 million on a cash and debt-free basis, adding it to its Electric Thermal Solutions business.

Spirax-Sarco announced on September 28, 2022 the acquisition of Durex International Corporation, a privately owned US specialist in custom electric thermal solutions for ultra-high criticality industrial equipment.

WEG announced it will invest R$660 million over three years to build a new factory for industrial and electric mobility motors and expand existing plants in Jaraguá do Sul, Santa Catarina, completing the new plant by Q1 2024.

WhisperPower signed a framework agreement with Saab AB's Training & Simulation business unit in Sweden to supply 30 low-emission power systems for Combat Training Centres, to be delivered over three years.

CAREL Industries, via a subsidiary, signed a binding agreement to acquire the business of SENVA Inc., a Beaverton, Oregon maker of sensors for HVAC and indoor air quality. Closing is expected by end of October 2022.

NEXCAP Partners, a Quebec investment banking group, has acquired a majority share in Gecko Alliance Group, a pool and spa control systems and pumps manufacturer. Cofounders remain shareholders.

WEG plans a new electric motor factory in Santo Tirso, Portugal, investing EUR 23.5 million to build 22,600 sq m. The plant is due to start operations in Q1 2024 and create about 100 jobs, and it will absorb production from WEG's Maia site.

ABB agreed to acquire Siemens' low voltage NEMA motor business, announced 1 September 2022.

BorgWarner Mobility Poland is investing 380 million zloty in modernizing its production portfolio, moving Morse Systems production from Blonie to a new 11,300 m2 plant in Jasionka, with the transfer planned for September 2022.

Siemens Energy announced an expansion of its Querétaro facility, investing 105 million Mexican pesos to add high-power switch and high-voltage line manufacturing, with 200 direct jobs expected. The company says the plant will export to Central America, Chile, the US, Canada and the UK.

Curtiss-Wright's Fleet Solutions unit completed a $2.25 million contract with Huntington Ingalls Industries Newport News Shipbuilding to service and repair Ship Service Generator units on the USS John C. Stennis.

Curtiss-Wright was awarded contracts worth more than $220 million by Bechtel Plant Machinery and General Dynamics Electric Boat to supply propulsion valves, pumps and instrumentation and control systems for Navy submarine and aircraft carrier programs, with work performed in New York and Pennsylvania through 2026.

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.

Curtiss-Wright was awarded contracts worth over $220 million to supply propulsion valves, pumps and instrumentation and control systems for Virginia-class, Columbia-class and Ford-class Navy programs, via Bechtel Plant Machinery and General Dynamics Electric Boat, 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.

A group of investors led by NEXCAP Partners, including Desjardins Capital, Fonds de Solidarité FTQ and Fondaction, has acquired a controlling interest in Quebec-based spa equipment maker Gecko Alliance Group. Co-founders remain shareholders and Georges Marchildon was named CEO.

WEG is supplying gas turbine generators, compressor motors and soft-starters for a modular floating LNG liquefaction facility with 2.8 mtpa capacity, with the first unit slated to start in early 2023.

Siemens Energy was selected as single solution supplier for the all-electric 2.1 mtpa Woodfibre LNG terminal near Squamish, British Columbia, covering main refrigeration compressor trains, motors, drives and transformers. The contract value was not disclosed.

Hitachi Energy won an order from Ørsted to supply two HVDC Light converter systems connecting the 2.85 GW Hornsea 3 offshore wind farm off the UK east coast, delivered with partner Aibel. The announcement is dated July 14, 2022.

Hitachi Energy won an order from Adani Electricity Mumbai Infra to supply an HVDC Light transmission system delivering up to 1,000 MW into Mumbai. The announcement is dated July 21, 2022.

Boundary Power, a joint venture of Horizon Power and Ampcontrol, was selected as one of two delivery partners for a AUD 37 million roll-out of over 180 stand-alone power systems in regional Western Australia, starting in 2023. Boundary Power will build and deliver 101 R-Series systems and create around 30 jobs.

Emerson has inaugurated an expanded facility in Dammam, Saudi Arabia, to manufacture Rosemount pressure and temperature transmitters and manifolds, adding production capacity to serve its key customers in the Kingdom. The announcement was made on June 24, 2022.

JDR Cable Systems reached final agreement under the UK government's OWMIS scheme for financial support for its £130m subsea cable factory in Cambois near Blyth, Northumberland. Construction starts in summer 2022 with opening planned for 2024 and 171 jobs expected.

Mitsubishi Electric will invest about 2.2 billion Indian rupees through its subsidiary Mitsubishi Electric India to build a factory manufacturing inverters and FA control system products, expected to start operations in December 2023.

Jeryong Electric signed a supply contract with US company Oklahoma General Electric Energy for single-phase pad-mounted transformers worth KRW 5.96 billion, equal to 12.2% of its 2021 revenue. The contract runs until April 2, 2024, and was disclosed on June 2, 2022.

NHK Spring is building a new motor core production building at its Atsugi plant in Kanagawa, investing about ¥5 billion. Capacity at the plant will roughly triple after the building opens, with construction starting November 2022 and completion in October 2023.

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.

A consortium led by GE Renewable Energy Hydro Solutions with Paraguayan firms Tecnoedil and CIE won a $649 million, 14-year contract to upgrade equipment and systems at the Itaipu hydropower plant on the Parana River. The project covers all 20 generating units and includes new energy management and automation systems.

BorgWarner's battery management system was selected by a leading global vehicle manufacturer to equip its B-segment, C-segment and light commercial vehicle platforms, starting with model years from mid-2023.

Saipem selected GE Power Conversion to develop the Electrical Module for Petrobras' P-79 FPSO for the Buzios field off Brazil. The module will be fabricated in Asia, delivered in 2023 and the FPSO is scheduled to start operations in 2025.

GE Power Conversion will supply 19 C7 Series electrical motors to power water-cooling tower pumps made by Ruhrpumpen for the Dos Bocas refinery in Mexico. The refinery is expected to start commercial operation in late 2022.

Datwyler has signed a contract to acquire QSR, a US supplier of silicone seals and components for electrical connectors, from Q Holding and its private equity owner 3i. Closing is expected in Q2 2022.

US heater maker Watlow inaugurated its fourth Mexican plant in El Marqués, Querétaro, investing 420 million pesos to expand electric heater and sensor production and employing 1,315 people there.

WE Tech Solutions received an order to supply its Economical Operations Solution for two 86,000 cbm LPG carriers being built for NYK Line at Kawasaki Heavy Industries, with delivery from January 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.