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  • The clean energy giant signs a strategic cooperation contract with Deuter to co-develop solar backpacks for global market
  • The duo to adopt dual brand strategy to promote their upcoming solar backpacks

- The world’s largest thin-film power solution company, Hanergy Thin Film Power Group (00566.hk), today announced that it has signed an agreement for a strategic co-operation with Deuter, one of the leading backpack brands worldwide, to collaboratively design and develop solar backpacks for the global market.

According to the strategic cooperation contract, Hanergy will be responsible for the development and the design of thin film flexible components, Deuter will take the onus for the design and the production of the bags globally. The duo will adopt co-brand strategy to promote their upcoming solar backpacks.

Hanergy Joins Hands With Deuter To Develop Solar Backpacks Image 2

Deuter is a German brand of sport packs and bags, for hiking, trekking, snow sports and other uses.  Founded in 1898, Deuter has been pioneering premium outdoor equipment market for over 120 years. 

Robert Schieferle, VP, Deuter said, “We're delighted to collaborate with Hanergy, and together embark on a new journey to introduce our co-branded solar backpacks in the global market. The partnership is intended towards leveraging the expertise of both the companies in their respective fields. We’re confident that with Hanergy’s high efficiency and reliable thin film flexible components our upcoming solar backpacks will set a new benchmark in the market."

Hanergy’s solar cells set the world record for conversion efficiency several times, with the newest one being 29.1%. It launched and upgraded handful of consumer products in 2018, including Humbrella, solar-powered umbrella; SolarTank, solar backpack; HanPower, solar power bank, retaining its leading position in mobile energy sector.

Commenting on the collaboration with Deuter, Mr. Wang Zhongshuang, CEO, Hanergy German Company said, “Partnering with Deuter we intend to take the notch up in the solar backpack category and bring in a fresh approach to the design while retaining the energy efficiency quotient of the product. We’re extremely confident that the consumers will appreciate our upcoming solar backpack which is an amalgamation of great aesthetics and technology.”

Earlier last week Hanergy had participated at the 2019 Intersolar Europe Exhibition, a world’s leading exhibition for the solar industry and its partners to feature its path-breaking energy solutions. As part of a three-day conference and exhibition that's being held at Messe München Exhibition Centre, Munich, Germany from May 15 - 17, 2019, Hanergy showcased most promising solar solutions, covering a wide span of life-related scenarios.

NISKAYUNA, NY – May 22, 2019 – A project team from GE Research and GE Energy Consulting, supported by GE Renewable Energy’s hydro teams, has been awarded $1.25 MM in funding from the US Department of Energy (DOE) Water Power Technologies Office to evaluate the long-term benefits and economics of pumped storage hydropower (PSH) to provide flexibility, system stability and reliability services to the grid. These services can enable high penetrations of variable renewables such as wind and solar.

PSH stores energy by pumping water up into a reservoir. When power is needed, the water is released from the reservoir and runs through hydro turbines that convert the flowing water into electricity. When paired with a wind and/or solar farm, the idea is that you could utilize excess power generated from these renewable installations to drive a pump that pushes water up into the PSH reservoir. Once in the reservoir, this energy can be released whenever it is needed most to supplement a grid’s overall power needs.

“Can PSH prime the pump to enable more renewables?” said Yazhou Jiang, Ph.D., a Power Systems Engineer leading the project from GE Research. “This is a central question we’re asking as part of our DOE-supported study. It’s part of a mix of promising storage solutions that are emerging to meet the needs of a fast- changing energy landscape.

Jiang added, “With future energy trends pointing to a more renewables intensive, distributed energy mix, we believe PSH could represent a viable storage alternative for wind or solar- heavy grid portfolios that exhibit high degrees of variability.  For this study, we will examine just how viable PSH could be as a long-term solution. One of the factors we will examine very closely is how quickly it can be activated to respond to rapidly changing power loads and highly variable renewables.”  

Last year, GE launched the Reservoir, a 1.2 MW, 4MWh unit modular, scalable platform with GE’s unique digital tools that can deliver a suite of customized energy solutions. It can work together well with renewable installations, traditional power installations and be integrated into other parts of the grid as well. PSH is another storage platform that could be the ideal pairing with existing or potentially new renewables installations located close to existing hydro facilities. And like the Reservoir, new digital tools could be integrated at the Edge to optimize their management.

“We’re testing the hypothesis that at high levels of wind and solar, you will need a storage portfolio,” shared Debra Lew, Senior Technical Director, GE Energy Consulting. “This project will help to value the benefits of pumped storage hydro to the grid that are currently not well understood.”

As the world marks Earth Day this week, this study will be looking at the viability of connecting three of nature’s key energy generation sources in different combinations.  Currently, 7% of the power in United States is generated at hydro facilities located across the country. While the primary expectation is that PSH could be an enabler for new wind and solar power installations, it could result in the growth of existing hydro facilities as well … in all cases bringing new renewable-energy on the grid. This will all be evaluated as part of the study, which will be completed over the next 17 months.

About GE

GE (NYSE: GE) imagines things others don't, builds things others can't and delivers outcomes that make the world work better. GE brings together the physical and digital worlds in ways no other company can. In its labs and factories and on the ground with customers, GE is inventing the next industrial era to move, power, build and cure the world. www.ge.com.

About the Water Power Technologies Office

“The U.S. Department of Energy Water Power Technologies Office enables research, development, and testing of emerging technologies to advance marine energy as well as next generation hydropower and pumped storage systems for a flexible, reliable grid. Learn more at www.energy.gov/eere/water.”

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WILMINGTON, North Carolina—May 22, 2019—GE Hitachi Nuclear Energy (GEH) today announced that it has initiated a Vendor Design Review of its BWRX-300 small modular reactor with the Canadian Nuclear Safety Commission (CNSC). 

The Vendor Design Review is an optional service provided by the CNSC to provide early feedback to the reactor vendor during the design process with the objective of verifying, at a high level, whether a plant design meets Canadian nuclear regulatory requirements and expectations. The combined Phase 1 and 2 review by the CNSC will focus on identifying any issues that could become fundamental barriers in a licensing process for a new build project in Canada while assuring that a resolution path exists for any issues that may be identified.

“We are designing the BWRX-300 small modular reactor to be cost competitive with gas and renewables,” said Jon Ball, Executive Vice President of Nuclear Plant Projects for GEH. “This review is an important step in the commercialization of this breakthrough technology.”

The BWRX-300 leverages the design and licensing basis of the U.S. NRC-certified ESBWR. Through dramatic design simplification, GEH projects the BWRX-300 will require up to 60 percent less capital cost per MW when compared to other water-cooled SMRs or existing large nuclear reactor designs. By leveraging the ESBWR design, utilizing proven components and through simplification innovations, GEH believes that the BWRX-300 can become cost-competitive with power generation from combined cycle gas and renewables.

As the tenth evolution of the Boiling Water Reactor (BWR), the BWRX-300 represents the simplest, yet most innovative BWR design since GE began developing nuclear reactors in 1955.

About GE Hitachi Nuclear Energy

Based in Wilmington, N.C., GE Hitachi Nuclear Energy (GEH) is a world-leading provider of advanced reactors and nuclear services. Established in 2007, GEH is a global nuclear alliance created by GE and Hitachi to serve the global nuclear industry. The nuclear alliance executes a single, strategic vision to create a broader portfolio of solutions, expanding its capabilities for new reactor and service opportunities. The alliance offers customers around the world the technological leadership required to effectively enhance reactor performance, power output and safety. Follow GEH on LinkedIn and Twitter.

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With eight million tonnes of plastic dumped annually into the sea, the world is faced with the grim prospect of more plastic in the oceans than fish by 2050. To avert this environmental calamity, several voluntary groups and businesses have been initiating efforts to intercept, recover and...

It’s not all tailwinds and sunshine for the country’s renewable energy sector. It’s actually time to take stock of the various issues impeding the sector’s progress, say industry watchers.

Significantly, with 70 per cent of fresh power generation capacity set to come from renewable energy, a...

Country’s utilities and government regulators are focused on aggressive electrification, decentralization, and digitization efforts, report finds

A second structural impediment to fully realizing DER benefits is the current grid planning approach, which biases grid design toward traditional infrastructure rather than distributed alternatives, even if distributed solutions better meet grid needs. Outdated planning approaches rely on static assumptions about DER capabilities and focus primarily on mitigating potential DER integration challenges, rather than proactively harnessing these flexible assets.

Section II demonstrated how California could realize an additional $1.4 billion per year by 2020 in net benefits from the deployment of new DERs during the 2016-2020 timeframe. This state-wide methodology was then applied to the planned distribution capacity projects for California’s most recent GRC request, showing how the deployment of DERs in lieu of planned distribution capacity expansion projects in PG&E’s next rate case could save customers over $100 million. 

Motivated by the challenge faced in designing a grid appropriate to the 21st century, this report first focuses on determining the quantifiable net economic benefits that DERs can offer to society. The approach taken builds on existing avoided cost methodologies – which have already been applied to DERs by industry leaders – while introducing updated methods to hardto-quantify DER benefit categories that are excluded from traditional analyses. While the final net benefit calculation derived in this report is specific to California, the overall methodological advancements developed here are applicable across the U.S. Moreover, the ultimate conclusion from this analysis – that DERs offer a better alternative to many traditional infrastructure solutions in advancing the 21st century grid – should also hold true across the U.S., although the exact net benefits of DERs will vary across regions.

Designing the electric grid for the 21st century is one of today’s most important and exciting societal challenges. Regulators, legislators, utilities, and private industry are evaluating ways to both modernize the aging grid and decarbonize our electricity supply, while also enabling customer choice, increasing resiliency and reliability, and improving public safety, all at an affordable cost.

The share of renewables in overall power generation is rapidly increasing, both in developed and developing countries. Furthermore, many countries have ambitious targets to transform their power sector towards renewables. To achieve these objectives, the structure and operation of existing power grid infrastructures will need to be revisited as the share of renewable power generation increases.

Renewable energy technologies can be divided into two categories: dispatchable (i.e. biomass, concentrated solar power with storage, geothermal power and hydro) and non-dispatchable, also known as Variable Renewable Energy or VRE (i.e. ocean power, solar photovoltaics and wind). VRE has four characteristics that require specific measures to integrate these technologies into current power systems: 1) variability due to the temporal availability of resources; 2) uncertainty due to unexpected changes in resource availability; 3) location-specific properties due to the geographical availability of resources; and 4) low marginal costs since the resources are freely available.

A transition towards high shares of VRE requires a re-thinking of the design, operation and planning of future power systems from a technical and economic point of view. In such a system, supply and demand will be matched in a much more concerted and flexible way. From a technical perspective, VRE generation can be ideally combined with smart grid technologies, energy storage and more flexible generation technologies. From an economic perspective, the regulatory framework will need to be adjusted to account for the cost structure of VRE integration, to allow for new services and revenue channels, and to support new business models.

There are several technological options that can help to integrate VRE into the power system grid: system-friendly VREs, flexible generation, grid extension, smart grid technologies, and storage technologies. New advances in wind and solar PV technologies allow them to be used over a wider range of conditions and provide ancillary services like frequency and voltage control. Flexible generation requires changes in the energy mix to optimise production from both dispatchable and non-dispatchable resources. Smart grid technologies can act as an enabler for VRE integration, given their ability to reduce the variability in the system by allowing the integration of renewables into diverse electricity resources, including load control (e.g. Demand Side Management (DSM), Advanced Metering Infrastructure (AMI), and enhancing the grid operation and therefore helping to efficiently manage the system’s variability by implementing advanced technologies (e.g. smart inverters, Phasor Measurement Unit (PMU) and Fault Ride Through (FRT) capabilities).

Energy storage technologies can alleviate short-term variability (up to 2 Renewable Energy Integration in Power Grids | Technology Brief several hours), or longer-term variability through pumped-storage hydroelectricity, thermal energy storage or the conversion of electricity into hydrogen or gas.

Two immediate applications for deploying innovative technologies and operation modes for VRE integration are mini-grids and island systems. The high costs for power generation in these markets make VREs and grid integration technologies economically attractive since they can simultaneously improve the reliability, efficiency and performance of these power systems. This is, for example, the case of the Smart Grid demonstration project in Jeju Island, South Korea.

Furthermore, the right assessment and understanding of VRE integration costs are relevant for policy making and system planning. Any economic analysis of the transition towards renewables-based power systems should, therefore, consider all different cost components for VRE grid integration, such as grid costs (e.g. expansion and upgrading), capacity costs and balancing costs. Integration costs are due not only to the specific characteristics of VRE technologies but also to the power system and its adaptability to greater variability. Therefore, these costs should be carefully interpreted and not entirely attributed to VRE, especially when the system is not flexible enough to deal with variability (i.e. in the short-term).

Moreover, RE integration delivers broader benefits beyond purely economic ones, such as social and environmental benefits. Even though not straightforward, these externalities should be considered and quantified in order to integrate them into the decision-making process and maximise socio-economic benefits.

Due to the rapid technological progress and multiple grid integration options available, policy makers should build a framework for RE grid integration based on the current characteristic of the system, developing technological opportunities and long-term impacts and targets. In particular, policy makers should adopt a long-term vision for their transition towards renewables and set regulatory frameworks and market designs to foster both RE development and management of greater system variability. Such regulatory frameworks could include new markets for ancillary services and price signals for RE power generators that incentivise the reduction of integration costs.

Source: IEA-ETSAP and IRENA

Presentations were made by CEOs on topics such as regulatory hurdles, energy storage, transmission constraints and low cost and long term funding among others.

​​Companies have alleged that the central utility has unfair competitive advantages given its access to low-cost funds and government support.

IPPAI pointed out that in view of the dominant position of PGCIL reflected in its predatory bid pricing, the ministry should ensure that the low-cost pool of funds raised by the company are not allowed to cross-subsidise TBCB projects.

The project includes drawing of 220 kV Overhead power transmission lines of 15 KM length and setting up of 220 KV Sub-Station (S/S) near Numaligarh Refinery.

Land acquisition and transmission challenge is casting a big shadow on India’s ambitious renewable energy plans.

"The agreement is for batch 13, won at energy transmission auction held by ANEEL ( Brazilian Electricity Regulatory Agency)," Sterlite Power said in a statement.

DUBLIN, May 24, 2019 /PRNewswire/ -- The "Research Report on China's Rare Earth Industry, 2019-2023" report has been added to ResearchAndMarkets.com's offering.

Rare earth elements and metals are widely used in the industry. Rare earth elements are essential to aircraft engines, mobile phones and drill bits for oil and natural gas mining. As new energy vehicles are expected to replace traditional fuel vehicles, both military and civilian industries have robust demand for rare earth.

In 2017, China produced more than 80% of rare earth metals and compounds in the world. China's rare earth exports to the United States accounted for 78% of U.S. rare earth imports while the rare earth from Estonia, France, and Japan only accounted for 14% in total. In 2017, the United States imported more than 17,000 tons of rare earth compounds, of which 10,000 tons of lanthanum compounds and 3,600 tons of cerium compounds were from China.

Driven by low mining costs (including low labor costs) and low environmental protection costs, in the 1990s, Chinese enterprises started mining and exporting rare earth on a large scale. Consequently, most other countries stopped mining rare earth. In the past decade, China's rare earth reserves fell sharply. Its proportion in the global rare earth reserves once exceeded 70% while at the end of 2016, the proportion was only 37%.

To regulate rare earth mining, in the second half of 2018, the Chinese government began to shut down illegal mining enterprises and cut rare earth production quota to 45,000 tons, down 36% from 70,000 tons in the first half of the year. To upgrade its rare earth industry, China shifts from exporting crude ores to exporting oxide products, which greatly impacts the global rare earth market.
After China Minmetals Rare Earth (Ganzhou) Co., Ltd. and CHALCO Guangxi Branch stopped producing rare earth ores because they failed to meet environmental protection standards, ionic rare earth ores fell short of demand in southern China.

Subsequently, Chinese mining investors mined ionic rare earth ores in Myanmar and Vietnam and exported the mined crude ores to China for refining. However, in early Nov. 2018, all levels of government in Myanmar prohibited the rare earth mining activities of Chinese enterprises because of the uneven distribution of benefits. In response, China's Yunnan Customs announced that it would ban all mineral imports from Myanmar. If the policy is strictly implemented, the prices of heavy rare earth such as dysprosium and terbium will increase on the global market. But it is uncertain how long the import restriction will last and how it will affect the volume of China's heavy rare earth imports.

China has been the world's largest exporter of rare earth for years

In 2018, China's rare earth oxide imports reached about 41,400 tons, increasing by over 100% YOY. Meanwhile, the domestic production of rare earth oxides shrank as China combated illegal rare earth production. China's rare earth imports are mainly minerals and chemical concentrates from Myanmar and the United States. In 2018, China imported about 26,000 tons of rare earth carbonates from Myanmar, which accounted for about 25% domestic demand. The heavy rare earth from Myanmar accounted for nearly one-third of domestic consumption.

U.S. enterprises ship lanthanum-rich ores to China and then buy oxides and chemical products from China. The United States is the major buyer of China's rare earth, and lanthanum is used to refine oil. Last year, Myanmar became a key supplier of the dysprosium, terbium, and gadolinium to Chinese producers of magnets and alloys. In 2018, the United States announced import tariffs on China's rare earth in its trade frictions with China but later it withdrew this decision. In the long term, China's rare earth imports will continue to grow. In addition to the United States and Myanmar, Australia is also exporting rare-earth to China.

In 2018, the production volume of neodymium-iron-boron permanent magnets in China increased by 5% and the consumption increased by about 6%. The supply and demand in the domestic market were close to balance. The export volume and export value increased by 11% and 14% respectively.

In 2018, China only approved 115,000 tons of rare earth production quota, giving priority to meeting domestic demand. As a result, the global production of primary rare earth oxides grew by 20.80%. The growth was mainly attributable to the United States and Myanmar. On the other hand, since China started combating illegal rare earth mining in Sept. 2018, illegal rare earth production decreased by 50%. The consequent market gap is filled by other countries. The concentrate imports from Myanmar have become an important source of the dysprosium, terbium, and gadolinium for China's magnet and alloy manufacturing industries.

The mining and refining of rare earth in China is monopolized by six major state-owned enterprises (SOEs). Non-SOEs only have access to downstream industries such as the production and application of rare earth materials, namely, permanent magnet materials, catalytic materials, luminescent materials, polishing materials, and hydrogen storage materials. With the rapid development of global high-tech industries, rare earth are being applied to more high-tech fields and the consumption of rare earth new materials is growing rapidly. The new energy vehicle industry, the wind power industry and other consumers of rare earth all have a promising future, which promotes the development of the rare earth industry.

For example, in 2018, the global production of new energy vehicles exceeded 2 million units, among which 1.27 million units were produced in China, up by about 60% YOY. Rare earth hydrogen storage alloys are mainly used in NiMH power batteries. A hybrid electric vehicle needs about 10 kg of hydrogen storage alloy. In general, a hydrogen storage alloy contains 30% mischmetal, which means that a hybrid electric vehicle consumes about 3 kg of rare earth. The drive motor of a hybrid electric vehicle consumes about 1 kg to 3 kg of neodymium-iron-boron magnetic materials; the drive motor of a battery electric vehicle consumes about 5 kg to 10 kg.

According to the plan of the Chinese government, the annual production of new energy vehicles in China will reach 6 million units in 2023. If this goal can be achieved, new energy vehicles will consume 30,000 tons of rare earth or more, which will boost the development of China's rare earth industry.

The Sino-U.S. trade war has little impact on China's rare earth industry. For example, in May 2019, the United States again decided not to impose import tariffs on China's rare earth and other key minerals. It shows that the United States still relies heavily on China's minerals to produce consumer electronics, military equipment, and many other products.

Topics Covered:

  • Global supply of and demand for rare earth
  • Global trade of rare earth
  • Chinese government's policies on rare earth
  • Rare earth production in China
  • Demand for rare earth in China
  • China's rare earth imports and exports
  • Price trends of rare earth and rare earth materials in China
  • Major rare earth mining and refining enterprises in China
  • Major producers of rare earth materials in China
  • Driving forces and market opportunities for China's rare earth industry from 2019 to 2023
  • Forecast on the supply of and demand for rare earth in China from 2019 to 2023
  • Impact of the Sino-U.S. Trade War on China's rare earth industry

Companies Mentioned

  • Advanced Technology & Materials Co, Ltd.
  • Aluminum Corporation of China Limited (CHALCO)
  • Anshan Kingpowers Advanced Materials Co, Ltd.
  • Baotou New Century Rare Earth Co, Ltd.
  • Baotou Qitong Rare Earth Co, Ltd.
  • Baotou Santoku Battery Materials Co, Ltd.
  • Baotou Tianjiao Seimi Polishing Powder Co, Ltd.
  • Baotou Xinyuan Rare Earth Hi-tech & New Materials Co, Ltd.
  • Beijing Jingyuntong Technology Co, Ltd.
  • Beijing Zhong Ke San Huan Hi-Tech Co, Ltd.
  • Chengdu Galaxy Magnets Co, Ltd.
  • China Northern Rare Earth (Group) High-tech Co, Ltd.
  • China Southern Rare Earth Group Co, Ltd.
  • Fujian Rare Earth (Group) Co, Ltd.
  • Gansu Debao New Materials Co, Ltd.
  • Gansu Jinyang High-tech Materials Co, Ltd.
  • Gansu Rare Earth New Materials Co, Ltd.
  • Ganzhou Huajing Rare Earth New Materials Co, Ltd.
  • Ganzhou Qiandong Rare Earth Group Co, Ltd.
  • Grinm Advanced Materials Co, Ltd.
  • Guangdong Rare Earths Industry Group Co, Ltd.
  • Guangdong Weihua Corporation
  • Hangzhou Daming Fluorescent Materials Co, Ltd.
  • Hebei Hwat Automobile Components Co, Ltd.
  • Hengdian Group DMEGC Magnetics Co, Ltd.
  • Hongda Xingye Co, Ltd.
  • Inner Mongolia Weineng Metal Chemical Co, Ltd.
  • Inner Mongolia Xi'aoke Hydrogen Storage Alloy Co, Ltd.
  • Innuovo Technology Co, Ltd.
  • IRICO Display Devices Co, Ltd.
  • Jiangmen Kanhoo Industry Co, Ltd.
  • Jiangsu Bree Optronics Co, Ltd.
  • Jiangxi JXTC Haoyun High-Tech Co, Ltd.
  • Jilin Jiafu Chemical Industry Co, Ltd.
  • JL MAG Rare Earth Co, Ltd.
  • Ningbo Yunsheng Co, Ltd.
  • Pengqi Technology Development Co, Ltd.
  • Qingdao Huicheng Environmental Technology Co, Ltd.
  • Rezel Catalysts Corporation
  • Shandong Gemsky Environmental Technology Co, Ltd.
  • Shanghai Huaming Gona Rare Earth New Materials Co, Ltd.
  • Shanghai Yuelong Non-ferrous Metals Co, Ltd.
  • Sihui City Double Win Industry Co, Ltd.
  • Sino-Platinum Metals Co, Ltd.
  • Sinopec Catalyst Co, Ltd.
  • Whole Win (Beijing) Materials Sci. & Tech. Co, Ltd.
  • Xiamen Tungsten Co, Ltd.
  • Yantai Zhenghai Magnetic Material Co, Ltd.
  • Zhongshan Tianjiao Rare Earth Materials Co, Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/xo54kz

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

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DUBLIN, May 24, 2019 /PRNewswire/ -- The "Global and China Supercapacitor Industry Report, 2019-2025" report has been added to ResearchAndMarkets.com's offering.

Finding a higher penetration in transportation and consumer electronics, the global market size of supercapacitors has mushroomed, especially Asia-Pacific Region sees the highest growth rate. In the upcoming five years, supercapacitors will be largely utilized in transportation and consumer electronics. From a geographical perspective, Asia-Pacific consumed the most supercapacitors worldwide in 2018, and the consumption herein will increase at the highest rate in the next few years.

Supercapacitors were initially used by the US military in the field of electronic equipment due to instantaneous high power, fast charging and discharging. Later, it finds a wider application in transportation, industrial equipment, electric power, and new energy. 38% of the supercapacitor market size is forecast to be triggered by transportation, about 30% by the industrial sector, and 21% by the new energy sector.

As far as competition is concerned, many countries in the world are aggressively developing supercapacitors. The main players include MAXWELL (Tesla planned to pay a 55% premium to acquire Maxwell in February 2019) and Ioxus based in the United States, Japan-based ELNA and Panasonic, South Korea-based LS Mtron and Vina Technology. At present, foreign companies take a leading position and sweep most of the global market. Japan, the United States, and Europe have prioritized supercapacitors as a national key research and development project. The United States' USMSC program, Japan's NewSunshine program, and Europe's PNGU program involve the development of supercapacitors.

Chinese supercapacitor enterprises consist mainly of Jinzhou Kaimei Power, Beijing Supreme Power Systems, Shenzhen TIG Technology, Shanghai Aowei, Nantong Jianghai Capacitor, etc. Jinzhou Kaimei Power, the largest professional supercapacitor manufacturer in China, mainly produces button-type and coiled supercapacitors, some of which are exported to Europe, America, Japan, and South Korea. Beijing Supreme Power Systems, founded in Nanocarbon Material R&D Laboratory of Tsinghua University in 2002, can produce large coiled supercapacitors.

The company has broken through the core activated carbon technology and electrode technology, integrated the upstream and downstream of the supercapacitor industry chain, and established production bases in Beijing and Changzhou for electrode materials, electrodes, components, and energy storage systems; Shanghai Aowei's supercapacitors are mainly for automotive use. Nantong Jianghai Capacitor has delved in the aluminum electrolytic capacitor industry for decades, strategically developed film capacitors and supercapacitors in recent years, and the technical performance of its lithium-ion supercapacitors has reached the international advanced level.

Global and China Supercapacitor Industry Report, 2019-2025 focuses on the following:

  • Overview of supercapacitor industry, including definition, classification, industry chain, and related technology roadmap;
  • Global supercapacitor industry (market size, competitive landscape, development prospect, etc.)
  • China's supercapacitor industry (market size, competitive landscape, development prospect, etc.)
  • The market of supercapacitor upstream raw materials
  • Major capacitor application markets, including industry, transportation, and new energy
  • Operating performance, main products, production layout, output, sales volume, development strategy, etc. of 18 supercapacitor vendors such as Maxwell, Ioxus, Panasonic, ELNA.

Key Topics Covered:

1 Overview of Supercapacitor
1.1 Definition and Property
1.2 Classification
1.3 Application

2 Global Supercapacitor Market
2.1 Development History
2.2 Market Size
2.3 Competitive Landscape
2.4 Development Prospects
2.4.1 Improve Performance and Reduce Costs
2.4.2 Stable Price; High Capacity and High Power Become Main Orientation

3 Chinese Supercapacitor Market
3.1 Development History
3.2 Industrial Policy
3.3 Market Size
3.4 Competitive Landscape
3.5 Development Trends

4 Upstream Raw Materials Market
4.1 Electrode Material
4.1.1 Overview
4.1.2 Development Trend
4.2 Electrolyte

5 Downstream Application Market
5.1 Industrial
5.2 Transportation
5.2.1 New Energy Vehicle
5.3 Renewable Energy

6 Major Global Supercapacitor Companies
6.1 Maxwell
6.1.1 Profile
6.1.2 Production Bases
6.1.3 Products, Technologies, and Solutions
6.1.4 Supercapacitor Business
6.1.5 Dynamics
6.1.6 Layout in China
6.1.7 Operation Data
6.2 Ioxus
6.3 Nesscap
6.4 Panasonic
6.5 ELNA

7 Major Chinese Supercapacitor Companies
7.1 Nantong Jianghai Capacitor Co. Ltd.
7.1.1 Profile
7.1.2 Industrial Layout
7.1.3 Development History
7.1.4 Products, Technologies, and Solutions
7.1.5 Customers
7.1.6 Output and Sales of Products
7.1.7 Core Competence
7.1.8 Operation Data
7.2 TIG Technology Co. Ltd.
7.3 Man Yue Technology Holdings Limited
7.4 Shanghai Aowei Technology Development Co. Ltd.
7.5 Harbin Jurong New Power Co. Ltd.
7.6 Supreme Power Solutions Co. Ltd.
7.7 Bainacap Supercapacitors Co. Ltd.
7.8 Beijing HCC Energy Tech. Co. Ltd.
7.9 Jinzhou Kaimei Power Co. Ltd.
7.10 CAMA Jiahua (Luoyang) New Energy Co. Ltd.
7.11 Other Players
7.11.1 Jiangsu Shuangdeng Group Co. Ltd.
7.11.2 Anhui Tongfeng Electronics Co. Ltd.
7.11.3 Shenzhen Haoningda Meters Co. Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/o42t7t

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
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U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

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DUBLIN, May 24, 2019 /PRNewswire/ -- The "Laser Sensor Market by Offering (Hardware & Software and Services), Type (Compact and Ultra-Compact), Application (Manufacturing Plant Management & Automation and Security & Surveillance), End-user Industry, and Geography - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

The laser sensor market is expected to grow from USD 535 million in 2019 to USD 863 million by 2024, growing at a CAGR of 10.0% during the forecast period.

The laser sensor market has been gaining momentum majorly due to the increasing focus of players on smart and miniaturization technology, coupled with designs responsive to modern production techniques, which helps improve the overall product reliability.

Hardware & software segment is expected to hold largest size of laser sensor market during forecast period

The hardware comprises mounting clamps, mounting plates, clamps, rods, bases, clamp screws, tools, nuts, slits, lenses, camera reflectors, polarizing filters, and cables. The software comes as a bundled product. The hardware and software segment holds a larger size of the laser sensor market. Major players in the laser sensors market offering hardware and software for laser sensors include KEYENCE, Rockwell, Panasonic, OMRON, and First Sensor, among many others.

Manufacturing plant management and automation application is expected to hold largest size of laser sensor market during forecast period

The market growth is attributed to the increasing need for laser sensors in manufacturing inspection applications to ensure measurement and quality control tasks. This would increase the manufacturing productivity and foster industrial growth, which would ultimately change the competitiveness of companies and, in turn, regions.

RoW is expected to record highest growth rate during forecast period

RoW is expected to witness the highest growth rate during the forecast period Rising investments in packaging industry by major companies, growing tie-ups between the global players and the companies in this region, and increasing demands for laser sensors in the packaging industry have boosted the growth of the laser sensor market in Row for the plant manufacturing and automation application.

Key Topics Covered:

1 Introduction

2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumption

3 Executive Summary

4 Premium Insight
4.1 Attractive Opportunities in Laser Sensor Market
4.2 Laser Sensor Market, By Application
4.3 Laser Sensor Market, By Country
4.4 Laser Sensor Market in APAC in 2019, By Country & End-User Industry
4.5 Laser Sensor Market, By Type

5 Market Overview
5.1 Introduction
5.2 Value Chain Analysis
5.3 Laser Industry Standards and Regulations Analysis
5.4 Laser Sensor Market, By Class
5.4.1 Class 1
5.4.2 Class 2
5.5 Response Time of Laser Sensors
5.5.1 1 Ms/10 Ms/25 Ms/100 Ms/1,000 Ms
5.5.2 2 Ms/20 Ms/50 Ms/200 Ms/2,000 Ms
5.6 Market Dynamics
5.6.1 Drivers
5.6.1.1 Increasing Demand for Laser Sensors in Food Manufacturing Industry
5.6.1.2 Advent of Industry 4.0 and Smart Manufacturing
5.6.1.3 Increasing Government Initiatives
5.6.2 Restraints
5.6.2.1 Lack of Technological Advancements
5.6.3 Opportunities
5.6.3.1 Growing Demand for Miniaturization in Sensor Technologies
5.6.4 Challenge
5.6.4.1 Requirement of High Power and Energy Density for Measurement of Smaller Beams

6 Laser Sensor Market, By Offering
6.1 Introduction
6.2 Hardware & Software
6.2.1 Hardware
6.2.1.1 Components
6.2.1.1.1 Laser Sensors Uses Critical Components to Perform Necessary Applications
6.2.1.2 Accessories
6.2.1.2.1 Laser Sensors Use A Limited Set of Accessories When Put to Use
6.2.2 Software
6.2.2.1 Use of Software Enables Users' to Set Measurement Parameters
6.3 Services
6.3.1 Installation/Integration
6.3.1.1 Installation/ Integration First and Most Critical Stage
6.3.2 Maintenance & Support
6.3.2.1 Repair Service Enables Laser Sensors to Ensure Quality Service, Speed, and Optimal Performance

7 Laser Sensor Market, By Type
7.1 Introduction
7.2 Compact
7.2.1 Compact Laser Sensors are Ideal Solution for Automation, Integration and Robotics Applications
7.3 Ultra-Compact
7.3.1 Triangulation and Cmos Technology Improve the Usefulness of Ultra-Compact Laser Sensors

8 Laser Sensor Market, By Application
8.1 Introduction
8.2 Manufacturing Plant Management and Automation
8.2.1 Manufacturing
8.2.1.1 Machine Building
8.2.1.1.1 Miniaturized Design of Laser Sensors Enables Easy Integration Into Machines
8.2.1.2 Product Manufacturing
8.2.1.2.1 Increasing Technological Sophistication Increases Complexity in Product Manufacturing
8.2.2 Handling and Assembly
8.2.2.1 Proximity and Count Measurements are Significant Applications of Laser Sensors in Handling and Assembly
8.3 Security and Surveillance
8.3.1 Location Mapping and Height Measurement are Critical to Military, Homeland, and Private Security Applications for Which Laser Sensors are Deployed
8.4 Motion and Guidance
8.4.1 Shipping and Aerospace Industries Largely Use Laser Sensors for Precise Height Measurement Applications

9 Laser Sensor Market, By End-User Industry
9.1 Introduction
9.2 Automotive
9.2.1 Vehicle Guidance and Automation
9.2.1.1 Vehicle Guidance and Automation are Prominent Applications of Laser Sensors in Automotive Industry
9.2.2 Traffic Management
9.2.2.1 Increasing Demand for Efficient Traffic Management Through Data Collection is Largely Driven With Use of Laser Sensors
9.3 Aviation
9.3.1 Laser Sensors are Used Extensively for Designing and Building of Aircraft
9.4 Food & Beverages
9.4.1 Packaging, Distribution, and Warehousing Applications are Performed Using Laser Sensors
9.5 Electronics Manufacturing
9.5.1 High Focus of Electronics Manufacturing Industry on Using Automation to Improve Plant Productivity and Efficiency Drives Adoption of Laser Sensors
9.6 Building and Construction
9.6.1 Growing Infrastructure Projects Require Laser Sensors to Perform Critical Measurement Tasks
9.7 Chemicals Manufacturing
9.7.1 Non-Contact Displacement Sensors are More Preferred for Dimensional Measurements in Chemicals Manufacturing

10 Geographic Analysis
10.1 Introduction
10.2 North America
10.2.1 US
10.2.1.1 Increasing Deployment of Laser Weapons in Aerospace & Defense Industry
10.2.2 Canada
10.2.2.1 Initiatives By Canadian Government to Support Development, Production, and Sale of Electric Vehicles
10.2.3 Mexico
10.2.3.1 Rising Foreign Direct Investments (FDIS)
10.3 Europe
10.3.1 Germany
10.3.1.1 Rapid Implementation and Adoption of Digital Technologies in Germany
10.3.2 UK
10.3.2.1 Increasing Focus on Use of Energy-Efficient Devices and Low-Carbon Emission Products
10.3.3 France
10.3.3.1 Increasing Demand for Manufacturing Operations to Cater to Growing Number of Commercial and Defense Aviation Projects
10.3.4 Italy
10.3.4.1 Shift From Off-Line Quality Inspection to Near-Line Or In-Line Measurement Techniques
10.3.5 Rest of Europe
10.4 APAC
10.4.1 China
10.4.1.1 Shift Toward Automation Technologies to Replace the Aging Workforce and Outdated Technologies
10.4.2 Japan
10.4.2.1 Increasing Fdi in Manufacturing Sector of Japan
10.4.3 India
10.4.3.1 Government Initiatives Likely to Promote Automation in Manufacturing Sector
10.4.4 South Korea
10.4.4.1 Huge Potential in Automotive Sector of Country
10.4.5 Australia
10.4.5.1 Rising Demand for New Structures in Both Residential and Commercial Sectors
10.4.6 Rest of APAC
10.5 RoW
10.5.1 South America
10.5.1.1 Increasing Demand for Laser Sensors in Packaging Industry in South America
10.5.2 Middle East and Africa
10.5.2.1 Significant Investments and Tie-Ups With the Companies Leading to Growth of Automation Industry in Region

11 Competitive Landscape
11.1 Introduction
11.2 Market Ranking Analysis: Laser Sensor Market
11.3 Competitive Situations and Trends
11.3.1 Product/Solution Launches
11.3.2 Partnerships/Collaborations

12 Company Profiles
12.1 Introduction
12.2 Key Players
12.2.1 Keyence
12.2.2 Rockwell Automation
12.2.3 Panasonic
12.2.4 OMRON
12.2.5 IFM Electronic
12.2.6 Banner Engineering
12.2.7 Smartray
12.2.8 Micro-Epsilon
12.2.9 Laser Technology
12.2.10 Acuity Laser
12.2.11 Waycon PositionSMEsstechnik
12.3 Other Important Players
12.3.1 Baumer
12.3.2 Optex
12.3.3 Technos Instruments
12.3.4 LAP GmbH
12.3.5 First Sensor

For more information about this report visit https://www.researchandmarkets.com/r/zcoege

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
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For E.S.T Office Hours Call +1-917-300-0470
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SOURCE Research and Markets

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DUBLIN, May 24, 2019 /PRNewswire/ -- The "Low Voltage DC Circuit Breaker Market by End User (Battery Systems, Transportation, and Others), Application (Industrial, Commercial, and Others), Type (Air Circuit Breaker, Molded Case Circuit Breaker, and Others), Region - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

The global low voltage DC circuit breaker market is projected to reach USD 1.5 billion by 2024 from an estimated USD 1.2 billion in 2019, at a CAGR of 5.68 %.

This growth can be attributed to factors such as expansion in transmission & distribution networks and upgradation & modernization of aging infrastructure for safe and secure electrical distribution systems along with the increased emphasis on the generation of electrical energy by means of renewables such as solar. However, risks associated with device malfunction and lack of existing government policies specific to low voltage DC circuit breakers are hindering the growth of the low voltage DC circuit breaker market.

The others segment is expected to be the fastest growing market from 2019 to 2024.

The others segment, by application, is estimated to be the largest as well as the fastest growing segment during the forecast period, as the dependence on electronic equipment in the residential sector has been increasing very fast that require low voltage Direct Current (DC) for their operations. With most of the existing electrical infrastructure expected to undergo a massive revamp in the near future, for instance, electricity distribution infrastructure in the US is believed to be from the world war 2 era, thus needs to be revamped. Also, in the Asia Pacific in order to incorporate the electricity generated from renewable energy sources the infrastructure needs to be revamped. All this will ensure that the low voltage dc circuit breaker installations go up.

The battery systems segment, by end-user, is expected to be the largest market from 2019 to 2024.

The battery systems segment is expected to hold the largest market share and is expected to be the fastest growing segment during the forecast period because of large scale energy storage projects coming up in the future, globally. This is bound to be supported by the ever-increasing electricity generation from renewable energy sources because of the ever-rising demand for power throughout the world. All of this is ultimately expected to drive the market during the forecast period.

The molded case circuit breaker segment, by type, is expected to be the largest market from 2019 to 2024.

The molded case circuit breaker segment is expected to hold the largest market share during the forecast period as a vast majority of low voltage DC circuit breaker applications deploy this type of circuit breaker owing to the ease of installation, reliability of operation, and low price when compared with other options. Electricity distribution substations and industries like transportation, chemical, mining, and marine are in demand for equipment operating in the low to medium voltage segment. Hence maximum low voltage DC circuit breakers lie in this voltage rating segment.

Asia Pacific: The largest market for low voltage DC circuit breakers.

The Asia Pacific region is expected to be the largest market for low voltage DC circuit breakers, by 2024. Countries such as China, Japan, and South Korea are among the major countries which are considered as the main manufacturing hubs for low voltage DC circuit breakers. Over the past few years, this region has witnessed a high rate of economic development due to a large number of manufacturing and industrial units coming up.

Also, the growth of the electricity generation from renewable energy sources in this region results in an increase in the low voltage DC circuit breaker market. The renewable energy generation in countries like China, South Korea, Japan, and India, is taking place at a rapid rate, this needs to be incorporated in the existing national grid which would need additional electrical infrastructure, thereby driving the low voltage DC circuit breaker market.

The leading players in the low voltage DC circuit breaker market are ABB (Switzerland), Eaton (US), SIEMENS AG (Germany), Shaanxi Baoguang Vacuum Electric Device Company Limited (China), and Meidensha Corporation (China).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increase in the Generation of Electricity From Renewable Energy Sources
5.2.1.2 Increasing Investments in Smart Grids to Ensure Grid Stability
5.2.1.3 Shift Toward Decentralized Power Generation & Energy Storage
5.2.2 Restraints
5.2.2.1 Inconsistencies Leading to Vulnerability Causing Operational Failures
5.2.2.2 Lack of Existing Government Policies Specific to Low Voltage DC Circuit Breakers
5.2.3 Opportunities
5.2.3.1 Development of Smart Cities & Electric Vehicles
5.2.3.2 Replacement of Old & Aging Electrical Infrastructure
5.2.3.3 Demand for Uninterrupted Power Supply From Utilities
5.2.4 Challenges
5.2.4.1 Expensive When Compared to Alternative Products
5.2.4.2 Concerns About the Cybersecurity of the Power Grid

6 Low Voltage DC Circuit Breaker Market, By Type
6.1 Introduction
6.2 By Type
6.2.1 Air Circuit Breaker
6.2.1.1 Finds Usage Mostly in Commercial Segments
6.2.2 Molded Case Circuit Breaker
6.2.2.1 Mostly Used in the Low Voltage Category
6.2.3 Others

7 Low Voltage DC Circuit Breaker Market, By Application
7.1 Introduction
7.2 By Application
7.2.1 Industrial
7.2.1.1 Increasing Automation is Likely to Drive the Market
7.2.2 Commercial
7.2.2.1 Growing Commercial Areas Globally Would Drive the Market
7.2.3 Others

8 Low Voltage DC Circuit Breaker Market, By End-User
8.1 Introduction
8.2 End-User
8.2.1 Battery System
8.2.1.1 Battery System Segment is Expected to Experience Huge Growth in Asia Pacific and North American Markets
8.2.2 Data Center
8.2.2.1 With Increasing Digitization, the Segment is Expected to Develop Massively
8.2.3 Solar
8.2.3.1 The Major Segment Driving the Renewables Market Ahead
8.2.4 Transportation
8.2.4.1 Charging Stations for Electric Vehicles are Expected to Have Massive Investments in North America and Europe
8.2.5 Others

9 Low Voltage DC Circuit Breaker Market, By Region

10 Competitive Landscape
10.1 Overview
10.2 Ranking of Players and Industry Concentration, 2017
10.3 Competitive Landscape Mapping, 2018
10.4 Competitive Scenario
10.4.1 Contracts & Agreements
10.4.2 Investments & Expansions
10.4.3 Mergers & Acquisitions
10.4.4 Others

11 Company Profiles
11.1 ABB
11.2 Eaton
11.3 Schneider Electric
11.4 Tavrida Electric
11.5 Hitachi
11.6 Fuji Electric
11.7 Powell Industries
11.8 Sensata Technologies
11.9 SIEMENS AG
11.10 C&S Electric
11.11 Hyundai Electric & Energy Systems Company
11.12 Mitsubishi Electric Corporation
11.13 Larsen & Toubro
11.14 Rockwell Automation
11.15 Entec Electric & Electronic

For more information about this report visit https://www.researchandmarkets.com/r/evncml

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Laura Wood, Senior Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.  

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
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U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets

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ATLANTA, May 24, 2019 /PRNewswire/ -- thyssenkrupp Elevator is proud to announce that its TWIN elevator system, which features two cars operating independently in one shaft, is now open to tenants at the 21-story Coda building (codatechsquare.com) in Atlanta. The Coda building features 10 TWIN elevators in 5 shafts.

The 770,000-square-foot mixed-use building not only features the world's tallest spiral staircase, but the first TWIN elevators to be installed in North America.

"Atlanta is a well-known hub of innovation where the buildings and technologies of tomorrow come together to create a unique, state-of-the-art experience for its tenants and visitors," said Steve Wedge, Interim CEO and Chief Financial Officer of thyssenkrupp Elevator North America. "It's only natural that one of the most innovative elevator systems in the world would make its North American debut here."

The TWIN elevator system features two cars operating independently in one shaft, making efficient use of available space while transporting up to 40 percent more passengers than conventional elevators. Each TWIN elevator has its own major mechanical and electrical components and shares the same guide rails and landing doors in a single elevator shaft. By reducing the number of shafts necessary, additional floor space is given back to the building, creating additional leasing opportunities.

TWIN elevator systems will also be tested in Atlanta at thyssenkrupp Elevator North America's new headquarters next to The Battery Atlanta. Construction on the new elevator test tower, which will be the largest elevator test tower in the U.S., is set for completion in 2021.

Last year, thyssenkrupp Elevator announced that it had been selected as the official vertical transportation provider for the historic Hudson Yards development in New York City. As part of the project, thyssenkrupp will design and install up to 40 TWIN elevators – in 20 shafts – for its 50 Hudson Yards building in New York City. Spanning an entire city block and at more than 1,000 feet tall, 50 Hudson Yards will become the fourth largest commercial office building in Manhattan when it is completed in 2022.

Worldwide, there are more than 50 buildings with approximately 200 TWIN elevators installed, with more to follow. Recently, it was announced that the Hekla Tower in Paris' La Defense district will feature TWIN elevators. In China, TWIN elevators will also find a new home in Sunshine Insurance Group's new headquarters in Beijing as well as two new towers in the financial district of Chengdu.

For more information, go to www.thyssenkruppelevator.com/elevator-products/twin. Press images can be downloaded here.

About us:

thyssenkrupp Elevator
thyssenkrupp Elevator brings together the Group's global activities in passenger transportation systems. With sales of €7.6 billion in fiscal 2017/2018 and customers in 150 countries, thyssenkrupp Elevator built its position as one of the world's leading elevator companies from scratch in a mere 40 years' time applying thyssenkrupp unique engineering capabilities. With more than 50,000 highly skilled employees, the company offers smart and innovative products and services designed to meet customers' individual requirements. The portfolio includes passenger and freight elevators, escalators and moving walks, passenger boarding bridges, stair and platform lifts as well as tailored service solutions for all products. Over 1,000 locations around the world provide an extensive sales and service network to guarantee closeness to customers.

thyssenkrupp
thyssenkrupp is a technology group with traditional strengths in materials. Over 160,000 employees in 78 countries work with passion and technological know-how to develop high-quality products and intelligent industrial processes and services for sustainable progress. Their skills and commitment are the basis of our success. In fiscal year 2017/2018 thyssenkrupp generated sales of €42.7 billion.

Together with our customers we develop competitive solutions for future challenges in their respective industries. With our engineering expertise we enable our customers to gain an edge in the global market and manufacture innovative products in a cost- and resource-friendly way. Our technologies and innovations are the key to meeting diverse customer and market requirements around the world, growing on the markets of the future, and generating strong and stable earnings, cash flows and value growth.

Press Contact
Dennis Van Milligen
Communications Specialist
thyssenkrupp Elevator North America
Tel:         +1 312 525 3190
E-Mail:   This email address is being protected from spambots. You need JavaScript enabled to view it.
Web:      www.thyssenkruppelevator.com

SOURCE thyssenkrupp

INDIANAPOLIS, May 24, 2019 /PRNewswire/ -- BorgWarner will present the coveted BorgWarner Championship Driver's Trophy®, affectionately known as the "Baby Borg" to legendary racer Mario Andretti on Sunday, May 26, 2019, commemorating the 50th anniversary of his 1969 Indianapolis 500 win. The Baby Borg tradition didn't begin until 1988, so at the time of Andretti's win, there was no driver's trophy for the winner of the race.

Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8542051-borgwarner-honors-mario-andretti-indy-500-win/

"Mario Andretti is one of the greatest racers of all time, his accomplishments are legendary and likely will never be equaled by another racer," said Frederic Lissalde, President and CEO, BorgWarner Inc. "It is truly our honor to create a Baby Borg trophy for Mario, and present it to him in commemoration of the 50th anniversary of his Indy 500 win."

A one-of-a-kind replica of the Borg-Warner Trophy®, the BorgWarner Championship Driver's Trophy has been awarded each year since 1988 to the winner of the Indianapolis 500. The sterling silver trophy is 14 inches high, weighs 5 pounds and rests on a beveled black marble base. The base is inscribed with the winner's name and year of victory, and includes a hand-crafted, three-dimensional bas-relief style sterling silver image of the winner, traditionally a duplicate of the image affixed to the full-sized Borg-Warner Trophy. BorgWarner established the driver's trophy in 1988 to provide the driver with a personal keepsake of their victory.

"Receiving this Baby Borg trophy is like winning the race again," said Mario Andretti. "It is incredibly thoughtful of BorgWarner. I am honored to have a Baby Borg and cherish what it means. I am genuinely appreciative of everyone who continues to acknowledge my Indy 500 win 50 years ago. Looking ahead, I will continue to enjoy watching young drivers in pursuit of this trophy. And, with a touch of sentiment, I will let this trophy bridge the gap between past and present for me." 

Mario Andretti is arguably the most successful American driver in the sport of automobile racing. To date he is the only driver to ever win the Indianapolis 500, the Daytona 500 and the Formula One World Championship. Over the course of his career, Andretti chalked up 111 career wins in major race series, and he is the last American to date to win a Formula One race, with his 1978 victory at the Dutch Grand Prix.

Andretti's career highlights are lengthy and impressive. His list of racing accomplishments in so many different automotive racing disciplines will likely never be seen again. He has won in every major automobile racing discipline.

Over the course of his illustrious career, which spanned five decades, Andretti's career highlights include:

  • Four-time Indy car National Champion (1965, 1966, 1969, 1984)
  • Indianapolis 500 winner (1969)
  • Three-time Indianapolis 500 pole winner (1966, 1967, 1987)
  • Formula One World Champion (1978)
  • Daytona 500 winner (1967)
  • Pikes Peak Hill Climb winner (1969)
  • Three-time 12 Hours of Sebring winner (1967, 1970, 1972)
  • USAC National Dirt Track Champion (1974)
  • IROC (International Race of Champions) Champion (1979)
  • All-time leader in Indy car pole positions won (67)
  • All-time Indy car lap leader (7,595)
  • All-time leader in Indy car race starts (407)
  • All-time leader in wire-to-wire Indy car victories (14)
  • Second all-time in Indy car victories (52)
  • Only driver ever to win Indy car races in four decades (1960s, 1970s, 1980s and 1990s)
  • Won races in five decades (1950s, 1960s, 1970s, 1980s and 1990s)
  • Oldest race winner in Indy car history, with 1993 victory at Phoenix at age 53
  • Only driver to win the Indy 500, Daytona 500 and the Formula One World Championship
  • Only driver to be named Driver of the Year in three different decades (1967, 1978, 1984)
  • Named Driver of the Quarter Century (1992) by vote of past Drivers of the Year and a panel of 12 journalists
  • Named Driver of the Century by The Associated Press (December 10, 1999)
  • Named Driver of the Century by RACER magazine (January, 2000)
  • Named Greatest American Driver Ever by RACER magazine (May, 2002)
  • From 1961 to 2000, competed in 879 races, had 111 wins and 109 poles (includes all forms of motorsports)

The 103rd running of the Indianapolis 500, "The Greatest Spectacle in Racing," takes place on Sunday, May 26, 2019 and is televised by NBC.

About The BorgWarner Championship Driver's Trophy
A one-of-a-kind replica of the Borg-Warner Trophy, the BorgWarner Championship Driver's Trophy is awarded each year to the winner of the Indianapolis 500. The sterling silver trophy is 14 inches high, weighs 5 pounds and rests on a beveled black marble base. The base is inscribed with the winner's name and year of victory, and includes a hand-crafted, three-dimensional sterling silver image of the winner, a duplicate of the image affixed to the full-sized Borg-Warner Trophy. BorgWarner established the driver's trophy in 1988 to provide the driver with a personal keepsake of their victory.

About The BorgWarner Championship Team Owner's Trophy
In 1998, the company established the BorgWarner Championship Team Owner's Trophy as a companion to the driver's trophy. The team owner's trophy is presented to the owner(s) of the winning Indianapolis 500 racing team. Like the driver's trophy, the team owner's trophy is a replica of the Borg-Warner Trophy but features a band of art deco racing cars accented in gold to symbolize the importance of teamwork in the automotive business.

About The Borg-Warner Trophy
The Borg-Warner Trophy features the sterling silver image of every Indianapolis 500 winner dating back to Ray Harroun in 1911. Made of sterling silver, weighing 110 pounds and standing 5 feet, 4-3/4 inches tall, the trophy originally cost $10,000 and is currently valued at $3.5 million. The Borg-Warner Trophy stays on permanent display at the Indianapolis Motor Speedway Museum. To give the winner and team owners a personal keepsake of their victory, BorgWarner borgwarner.com established the BorgWarner Championship Driver's Trophy® (also known as the "Baby Borg") in 1988 and the BorgWarner Team Owner's Trophy® in 1998. Both are sterling silver replicas of the Borg-Warner Trophy.

About BorgWarner
BorgWarner Inc. (NYSE: BWA) is a global product leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles. With manufacturing and technical facilities in 68 locations in 19 countries, the company employs approximately 30,000 worldwide. For more information, please visit borgwarner.com.

SOURCE BorgWarner

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The U.S. Department of Energy has announced the selection of 10 projects as part of a new Advanced Research Projects Agency-Energy program, Duration Addition to electricitY Storage.

The Solar Energy Industry Association (SEIA) recently concluded a year-long series of white papers examining state-level efforts to modernize the American utility grid. As we’ve previously explored, the creation of a stable, sustainable electric grid is a vital step towards a future in which consumers have greater choice over the source of their power.

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