STMicroelectronics reported financial results for the first quarter ended April 1, 2017. Net revenues were $1.82 billion, up 12.9% year-over-year on growth across all product groups. Gross margin was 37.6%, up 420 basis points year-over-year. Net income of $108 million was a year-over-year improvement of $149 million. And a cash dividend of $0.24 per common […]
This week at Hannover Messe 2017, ABB and IBM announced a strategic collaboration that brings together ABB’s industry leading digital offering, ABB...
CE+T Power announced the launch of new revolutionary functionality for its Enhanced Conversion Innovation (ECI) technology, including multi-source and multi-directional power conversion....
Fraunhofer IAF has developed a fully-integrated monolithic multilevel converter in high-voltage AlGaN/GaN-on-Si technology. The integrated inverter circuit is designed for maximum voltages...
Maxim Integrated Products, Inc. reported net revenue of $581 million for its third quarter of fiscal 2017 ended March 25, 2017, a 5% increase from the $551 million revenue recorded in the prior quarter, and a 5% increase from the same quarter of last year. Tunc Doluca, President and Chief Executive Officer, commented, “Our strong […]
Sungrow unveiled a new turnkey energy storage system solution at the Energy Storage Association’s 27th Annual Conference and Expo in Denver, Colorado....
An independent study released this week by California’s Emerging Technologies Coordinating Council (ETCC) concludes that Amber Kinetics‘ four-hour discharge duration flywheel storage...
ROHM Semiconductor will debut its latest power product designs at PCIM, the leading trade fair for Power Electronics, Intelligent Motion and Energy...
NEC Corporation and NEC Energy Solutions, an NEC subsidiary, have reached an agreement with Germany-based EnspireME, a fifty-fifty joint venture established between...
LG Chem Ltd. has formally launched its range of award-winning residential battery systems in the North American market. The launch follows successful...
Younicos has commissioned an 1MW / 2MWh lithium-ion battery system in partnership with Panasonic and Xcel Energy. The system is located at...
TrinaBESS announced that the company will introduce its large-scale Battery Energy Storage System (BESS) called TrinaMega for the US Market at the...
GE and Southern California Edison (SCE), an Edison International (EIX) company have unveiled the world’s first battery-gas turbine hybrid system in Norwalk,...
Littelfuse, Inc. introduced three series of PolySwitch AEC-Q200 qualified resettable Polymeric Positive Temperature Coefficient (PPTC) devices. These surface mount devices are designed...
Adara Power announced the launch of its second-generation energy storage system, the Adara Pulse. The Adara Pulse is an intelligent, stackable to...