Eaton Corp. announced that it has reached agreement to acquire ACTOM (Pty) Ltd.’s low-voltage electrical business in South Africa. Terms of the deal, which are subject to regulatory approvals and other customary closing conditions, were not disclosed. ACTOM’s low-voltage business is a leading South African manufacturer and supplier of motor control components, engineered electrical distribution […]
Power Electronic Tips
SCHOTT Solar Announces Plans to Significantly Expand Global Capacity
SCHOTT Solar announced that it will boost its global photovoltaic module production capacity to more than 800MW in 2011. In order to improve economies of scale and better supply new growth markets, SCHOTT Solar will invest in the expansion of wafer capacity at its German manufacturing sites and expand its global module manufacturing network via […]
EnerNex Announces Smart Grid Security Guidelines for the Utility Industry
EnerNex announced the latest deliverables in a series of Smart Grid related Cyber Security documents providing prescriptive, actionable guidance for utilities and vendors implementing Smart Grid systems. The documents, also referred to as Cyber Security Profiles, are part of the 2010 phase of the Advanced Security Acceleration Project for the Smart Grid (ASAP-SG) to accelerate […]
TVA, EPRI Dedicate SMART Charging Station for Electric Vehicles
The Tennessee Valley Authority (TVA) and the Electric Power Research Institute (EPRI) unveiled an electric vehicle charging station that can also make electricity from sunlight, store electricity and put electricity back in the power grid when needed. The prototype Smart Modal Area Recharge Terminal, or SMART station, developed by TVA and EPRI is among the […]
Exar Corp. Reports Fiscal 2011 Third Quarter Results
Exar Corp. reported financial results for its fiscal 2011 third quarter ended December 26, 2010. Net sales for the third quarter of fiscal 2011 were $35.4 million compared to net sales of $37.2 million for the prior quarter and $33.9 million for the third quarter of fiscal 2010. The GAAP gross margin for the third […]
Sensata Technologies Announces Fourth Quarter and Full Year 2010 Results
Sensata Technologies Holding N.V. announced results of its operations for the fourth quarter and full year ended December 31, 2010. Fourth quarter 2010 net revenue was $387.8 million, an increase of $49.8 million, or 14.7%, from the fourth quarter 2009 net revenue of $338.1 million. Fourth quarter 2010 net income was $68.6 million, or $0.38 […]
Semiconductor Research Corporation and Stanford Develop Novel Thermal Nanotape
Semiconductor Research Corporation (SRC), the world’s leading university-research consortium for semiconductors and related technologies, and researchers from Stanford University have developed a novel combination of elements that yields a unique nanostructure material for packaging. This advance should allow longer life for semiconductor devices while costing less than current state-of-the-art materials. In addition to chip manufacturers, […]
ZBB Energy Acquires Tier Electronics
ZBB Energy Corp. announced that it has acquired the Wisconsin-based power electronics firm Tier Electronics, LLC for a $1.35 million promissory note paid over 3 years, 800,000 shares of common stock and assumption of approximately $900,000 of liabilities including customer deposits of approximately $350,000. This acquisition dramatically expands ZBB’s product portfolio of state-of-the-art power management […]
Sensata Technologies, Chinese Government Agree on Expansion in Jiangsu Province
Sensata Technologies Holding N.V. has signed an agreement with the Baoying government in China’s Jiangsu Province to increase its investment in Baoying. Under the agreement, the government will make land adjacent to Sensata’s existing facility available for constructing a five-story building totaling 350,000 square feet. The government is responsible for erecting the building. Sensata will […]
TI Reports Financial Results for 4Q10 and 2010
Texas Instruments Inc. (TI) announced fourth-quarter revenue of $3.53 billion, net income of $942 million and earnings per share of 78 cents. Earnings per share included 14 cents from the combination of the gain on the sale of a product line and a tax benefit that was primarily associated with the reinstatement of the federal […]