Industry News

Articles

Plant Extension Order Boosts Wärtsilä’s Share of Aruba’s Total Power Generation Capacity to 85%

06/27/2025

­Technology group Wärtsilä will supply an engineering, procurement, and construction (EPC) extension project to an existing power plant on the Caribbean Island of Aruba. This will add an additional 36 MW of generating capacity, thereby mitigating possible supply shortages due to rapidly increasing

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Nautilus Relocates Headquarters to Chicago Amid Major Regional Investment

06/24/2025

­Nautilus Solar Energy® LLC, one of the largest community solar businesses in the U.S. and a contributor to America’s energy independence transition, today announced the relocation of its corporate headquarters to Chicago, Illinois. The move reflects Nautilus’s commitment to expanding access

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Nordic Semiconductor Acquires Memfault, Launches the First Complete Chip-to-Cloud Platform for Lifecycle Management of Connected Products

06/24/2025

­Nordic Semiconductor, a global leader in low-power wireless connectivity solutions, today announces the acquisition of its long-term partner, Memfault Inc., the market-leading cloud platform provider for large-scale deployments of connected products. This marks a major leap in Nordic’s evolution

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Bath Space Weather Sensors to Launch into Orbit in 2027

06/20/2025

­Space weather sensors developed at the University of Bath satellite are set for launch into orbit, as part of a mission announced this week. The TOPCAT II satellite payload, created to take measurements of atmospheric conditions in space to inform improvements to technologies including

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Home Energy Management System Market to Surge with 13.8% CAGR by 2034

06/19/2025

­The home energy management system market was valued at USD 5.8 billion in 2024 and is estimated to grow at a CAGR of 13.8% to reach USD 21.7 billion by 2034, driven by the increasing adoption of smart home technologies and growing environmental sustainability concerns. Several factors, such

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KROHNE Dedicates Production Capacity and Establishes U.S. Center of Excellence to Support Explosive Growth in AI-Driven Data Centers

06/18/2025

­KROHNE, a global leader in the design and manufacture of high-quality magnetic flow meters (magmeters), announces a major commitment to the fast-growing data center sector by dedicating a significant portion of its annual production capacity to meet escalating demand. This strategic move is designed

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Duro Unveils Duro Design, the First AI-Native PLM for Modern Hardware Engineering

06/17/2025

­Duro, a leading PLM platform for hardware engineering, today relaunched its product as Duro Design, a cloud- and AI-native PLM rebuilt from the ground up to help manufacturers launch products up to three times faster. The PLM space is projected to be a $46 billion

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Andigreen and Data Pioneer Solutions Forge Strategic Alliance to Deliver Integrated Renewable-Fuel Solutions in North America and Japan

06/17/2025

­Andigreen, the renewable-feedstock subsidiary of Andino Holdings LLC, and Data Pioneer Solutions, LLC (DPS) today announced a strategic partnership to deliver an end-to-end decarbonization solution for refineries in North America and Japan. This alliance

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Türkiye’s Renewable Power Capacity to Reach 38.2GW in 2035, Forecasts GlobalData

06/13/2025

­Türkiye boasts one of the world's most rapidly expanding energy markets, driven by its robust economic growth. However, the country relies heavily on fossil and electricity imports to meet its domestic power demand. To reduce this dependency, the country is looking to expand is renewable capacity.

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Contactless Biometrics Technology Market Set to Grow at 20% CAGR Through 2032

06/11/2025

­The contactless biometrics technology market size will record over 20% CAGR from 2024-2032, due to the robust emphasis of companies on improving the speed and accuracy of recognition processes and minimizing false rejections. Significant investments in contactless biometrics are making way

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