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TÃœV SÃœD tests the world's first water battery in Gaildorf

On behalf of the Schwäbisch Hall district administration, TÜV SÜD carried out the structural assessment of the towers, water reservoirs and foundations of the Gaildorf natural energy storage plant in Germany, the world's first combined wind-pumped storage project. The pilot project includes the first realisation of the water battery concept developed by Max Bögl Wind AG.Read more

KBR awarded ammonia plant revamp in India

KBR, Inc. announced, it has been awarded an ammonia plant revamp contract by Rashtriya Chemicals & Fertilizers Ltd (RCF). Under the terms of the contract, KBR will provide a technology license and basic engineering design for the RCF ammonia plant at Trombay, Maharashtra, India.Read more

Altran Group acquires Aricent

Altran, a global leader in Engineering and R&D services (ER&D), has entered today, through its subsidiary Altran US, into a definitive agreement to acquire Aricent, a global digital leader in design and engineering services, from a group of investors led by KKR, for a total enterprise value of €1.7 billion or $ 2.0 billion in an all-cash transaction.Read more

Stefan Hantke is taking over general management of the Schneeberger Group

Effective January 1, 2018, Stefan Hantke will take over the position of CEO of Schneeberger Holding AG in Roggwil. In his new position, Hantke will be chairman of the management team of Schneeberger Group and will be responsible for the entire linear bearings, system technology and mineral casting production business.Read more

Fifth radar generation meets future requirements for automated driving

Technology company Continental has now incorporated its extensive, long-standing expertise in vehicle surroundings sensors into the fifth generation of its short- and long-range radar sensors, which will enter series production in 2019.Read more

DENSO and NEC to collaborate for connectivity technologies of the present and future cars

DENSO Corporation and NEC Platforms, Ltd., a subsidiary of NEC Corporation, unveiled a new joint venture, DENSO NEXT CO., LTD. The company will develop in-vehicle information and communications equipment critical for fostering a truly connected environment inside vehicles, such as instrument clusters, head-up displays, and on-board communication equipment.Read more

Investments in digital engineering to drive growth within ER&D market

Zinnov, a global management and strategy consulting firm, released its study on the global rankings of service providers in the ER&D segment for 2017, titled, 'Zinnov Zones 2017 - Product Engineering Services', an analysis of the Global Engineering R&D landscape, evolving customer preferences, and assessment of service providers in this space. According to the study, the total corporate engineering and R&D spend is pegged in excess of $ 1 trillion.Read more

L&T Finance Holdings receives Golden Peacock Award for risk management

L&T Finance Holdings (LTFH), India's leading financial services company, has been awarded the prestigious 'Golden Peacock Award for Risk Management - 2017' in the financial services category. The award will be conferred at a special presentation ceremony to be held on December 14, 2017 in Singapore.Read more

ABB unveils newest member of the YuMi family

ABB is previewing its newest collaborative robot, now with a single arm, at the International Robotics Exhibition (iREX) 2017 in Tokyo. As their name suggests, collaborative robots are designed to work alongside humans on the factory floor to raise productivity and support the transition to mass customisation. The robot will be officially launched in 2018.Read more

Airbus, Rolls-Royce, and Siemens team up for electric future

Airbus, Rolls-Royce, and Siemens have formed a partnership which aims at developing a near-term flight demonstrator which will be a significant step forward in hybrid-electric propulsion for commercial aircraft. The three companies together announced the groundbreaking collaboration, bringing together some of the world's foremost experts in electrical and propulsion technologies, at the Royal Aeronautical Society in London.Read more

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