Latest news with #energymanagement
Zawya
14-07-2025
- Business
- Zawya
Schneider Electric launches Lauritz Knudsen in Saudi Arabia to support the Kingdom's energy and digital transformation
Schneider Electric, the global leader in the digital transformation of energy management and automation, has officially launched Lauritz Knudsen—its flagship brand in low-voltage electrical distribution and automation solutions—in the Saudi Arabian market. This launch marks the next phase in the strategic brand transition following Schneider Electric's acquisition of L&T Switchgear in 2020, underlining the company's continued commitment to innovation and market expansion in the region. The announcement was made during an exclusive event held in Riyadh, which welcomed over 150 guests, including representatives from major industrial stakeholders, strategic partners, and members of the media. The ceremony was attended by Mohamed Shaheen, CEO of Schneider Electric in Saudi Arabia, Pakistan, Yemen, and Bahrain, Golsa Fouladinejad, Vice President of Strategy at Schneider Electric, Middle East and Africa, alongside members of the regional leadership team. Lauritz Knudsen's entry into the Kingdom reflects Schneider Electric's unwavering commitment to advancing Saudi Arabia's digital and energy transformation in alignment with Vision 2030. As the Kingdom accelerates its transition toward a digital and low-carbon economy, Lauritz Knudsen is uniquely positioned to deliver state-of-the-art electrical distribution and automation solutions that empower critical infrastructure, industries, buildings, and homes, enhancing energy efficiency, ensuring operational reliability, and improving safety and sustainability standards. 'Saudi Arabia is undergoing a remarkable transformation—driven by Vision 2030—towards becoming a digitally enabled, sustainable economy,' said Mohamed Shaheen, CEO of Schneider Electric in Saudi Arabia, Pakistan, Yemen, and Bahrain. 'At Schneider Electric, we are proud to play a role in this journey, and the launch of Lauritz Knudsen represents a new chapter in our mission to bring innovative, energy-efficient solutions to the Kingdom. Leveraging their technological expertise, and groundbreaking approaches, the Lauritz Knudsen team is poised to drive continuous innovation and deliver substantial contributions within this dynamic and diverse market.' Schneider Electric already has a strong local footprint in the Kingdom, including its Dammam manufacturing facility spanning 7,000 square meters, dedicated to producing Lauritz Knudsen low-voltage panels and related solutions. This local production capacity ensures proximity to customers and rapid response to market needs, reinforcing the Company's long-standing commitment to localizing innovation in Saudi Arabia. 'Lauritz Knudsen is built on a legacy of engineering excellence and innovation,' said Naresh Kumar, Senior Vice President of Lauritz Knudsen. 'Today, we are excited to bring that legacy to Saudi Arabia through Schneider Electric. Our mission is to empower our partners and customers with safe, reliable, and efficient electrical distribution solutions, combining global technology leadership with deep market understanding. We look forward to supporting the Kingdom's infrastructure ambitions with our future-ready product portfolio.' Founded on a legacy of more than seven decades, Lauritz Knudsen—formerly known as L&T Switchgear—is recognized as one of the most trusted names in electrical distribution and automation solutions. With a manufacturing base of 2.1 million square feet in India and over 30 branch offices, the brand powers critical infrastructure in sectors including energy, water, airports, manufacturing, smart buildings, and healthcare. The Kingdom's dual transformation—toward digitalization and renewable energy—places a premium on technologies that are agile, efficient, and future-ready. As Saudi Arabia moves to generate 50% of its power from renewable sources by 2030 and achieve net-zero emissions by 2060, electrical infrastructure plays a critical enabling role. Lauritz Knudsen is poised to support this evolution through solutions that contribute to energy resilience and sustainable development. This launch reaffirms Schneider Electric's long-standing commitment to the Kingdom and builds on over four decades of successful partnership and collaboration across the public and private sectors. About Schneider Electric Schneider's purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On. Our mission is to be your digital partner for Sustainability and Efficiency. We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers. We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. We embrace diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all. Discover Life Is On Follow us on:
Yahoo
11-07-2025
- Business
- Yahoo
ScotRail expands partnership with OptimiseAI to deploy digital twin technology
ScotRail has expanded the use of digital twin technology across its operations in partnership with energy intelligence firm OptimiseAI. This initiative is aimed at achieving sustainable operations by optimising energy management across 25 stations and depots. Many railway facilities possess data but struggle to integrate it for automated, optimised energy use. A centralised view of energy consumption across the rail network can simplify identification of inefficiencies and target investment opportunities. OptimiseAI's solution tackles these administrative hurdles by employing sophisticated semantic AI that integrates and makes sense of various data streams via a digital twin. This approach facilitates a real-time, responsive, and effective energy management throughout the railway system. The introduction of OptimiseAI's Predict, an artificial intelligence-based forecasting tool, has modernised the energy management system at ScotRail by creating instant digital replicas for 25 of its stations. The tool facilitates straightforward benchmarking of present performance with UK and net zero energy standards, underscoring both existing consumption and prospective efficiency opportunities. ScotRail head of sustainability Poul Wend Hansen said: 'Reducing our carbon footprint and improving energy efficiency is a top priority for ScotRail. 'By expanding our partnership with OptimiseAI with this further rollout of digital twins, we can gain a deeper understanding of our energy use and take meaningful steps to reduce emissions across all our stations and depots. It will help us build a greener future for Scotland's Railway.' Furthermore, eight major stations and depots are slated for more comprehensive scrutiny and enhancement using the Optimise platform. By incorporating extra sub-metering and Internet of Things (IoT) technology into major stations, and developing intricate models of different areas and rooms within each station and depot, ScotRail can gain immediate insights into the patterns and reasons behind energy usage throughout their facilities. OptimiseAI can enhance these virtual replicas, offering detailed assessments for eight train stations. This allows for more accurate forecasts of energy needs and the development of optimisation algorithms that improve efficiency and reduce expenses. By refining current models and broadening the scope of the OptimiseAI system, ScotRail can transition from basic tracking to an active, data-led approach to managing energy consumption. ScotRail has also engaged OptimiseAI to improve its online systems at various locations including Glasgow Queen Street station, and depots at Corkerhill, Shields, Yoker, Haymarket, and Inverness. Digital twins at the Aberdeen and Inverness train stations are also being upgraded. This includes adding more sensors to manage each room and area better to enable efficient operations. Other stations will get real-time notifications for issues such as heating or lighting left on when areas are unoccupied. A new dashboard will show the performance of the entire network via a Red-Amber-Green (RAG) map, making it easier for energy management teams to spot and fix areas that are not running efficiently. Additionally, OptimiseAI will conduct audits, build computer models, and add data from new monitoring devices. Space data is emerging as an essential tool for the insurance sector as it grapples with the reality of climate change, and Scotland is providing leadership in this specialist new frontier. These upgrades will update virtual replicas of the buildings that help predict future performance, track results, and figure out the financial benefits of upgrades to the buildings. OptimiseAI CEO Nick Tune said: 'We're proud to be working with ScotRail on their plans to reduce their station and depot energy emissions. By expanding the use of digital twins ScotRail is deploying an intelligent energy management system that will reduce energy costs across its buildings. 'This kind of scalable approach represents the future we're heading toward: where efficient building estates will be the backbone of resilient cities.' In May, ScotRail teamed up with Clarus Networks Group to install what is reportedly the world's first rail-approved Low Earth Orbit (LEO) satellite antenna, which will link trains to Starlink's internet service. The initiative is designed to offer fast internet connectivity on board trains traveling through some of the most isolated regions in the UK. "ScotRail expands partnership with OptimiseAI to deploy digital twin technology" was originally created and published by Railway Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
09-07-2025
- Business
- Globe and Mail
U.S. Portable Power Station Market to Reach $425 Million by 2030, Powered by Smart Tech, AI-Driven Battery Systems & Disaster Preparedness
"U.S. Portable Power Station Market Research Report by Arizton" Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2025–2030 According to Arizton's latest research report, the U.S. portable power station market is growing at a CAGR 7.21% of during 2024-2030. This growth is driven by the integration of smart energy management systems, rising frequency of natural disasters, and increasing demand from off-grid lifestyles and outdoor enthusiasts. Report Scope: Market Size (2030): USD 425.27 Million Market Size (2024): USD 280 Million CAGR (2024-2030): 7.21% Historic Year: 2021-2023 Base Year: 2024 Forecast Year: 2025-2030 Market Segmentation: Application, Capacity, Battery, Distribution Channel, And Geography Geographic Analysis: The U.S. (South, West, Midwest, And Northeast) Smart Tech Transforms U.S. Portable Power Station Market into Intelligent Energy Ecosystems The U.S. portable power station market is undergoing a major transformation, fueled by the integration of smart technologies that are redefining the role of backup power. No longer just emergency energy sources, modern portable power stations are evolving into intelligent energy management systems capable of real-time decision-making. A key driver of this shift is the integration of AI-powered Battery Management Systems (BMS), which enable continuous monitoring of critical parameters such as temperature, voltage, and battery health. These advanced BMS solutions enhance device performance, prevent issues like overcharging or deep discharging, and significantly prolong battery lifespan, particularly crucial for high-capacity, multi-cell units. For instance, the BLUETTI AC50B Portable Power Station exemplifies this trend by incorporating AI-BMS for intelligent energy consumption optimization. This not only maximizes operational efficiency and runtime but also supports greater sustainability and cost-effectiveness. U.S. Portable Power Station Market News In April 2025, BioLite Energy acquired Goal Zero, combining two pioneers in the portable and off-grid energy sectors. BioLite and Goal Zero brands will reportedly continue in the marketplace while combining core sales, operations, marketing, and engineering teams. In April 2025, Jackery launched Explorer 1000 v2 – 1070Wh capacity, 1500W output, AI-powered battery protection, and emergency supercharging. Compact, lightweight, fast charging, with multiple output ports and whisper-quiet operation. In February 2025, Bluetti launched Apex 300 a modular portable power station with up to 58 kWh expandable storage and 11.52 kW output, supporting hot-swappable batteries and multiple charging options. Emergency Preparedness Drives Demand for Portable Power Stations in the U.S. With natural disasters like hurricanes, wildfires, floods, and winter storms becoming more frequent and intense, the importance of emergency preparedness has grown significantly across the U.S. In these critical moments, portable power solutions provide a lifeline, delivering clean, immediate, and reliable electricity when the main power grid fails. These systems have proven invaluable in supporting both communities and emergency response efforts. During the 2020 California wildfires, for instance, backup power units were deployed at evacuation centers to charge communication devices, run essential appliances, and power medical equipment, greatly improving conditions for evacuees and enabling responders to operate efficiently. For Instance, after Hurricane Harvey in Texas, these devices helped keep communication hubs active, allowing first responders to coordinate rescue missions in real time and share vital updates with affected populations. As climate-related emergencies grow more common, the demand for dependable, off-grid power solutions is expected to rise further, positioning portable power stations as an essential part of modern disaster preparedness plans. Segment Insights Highlight Key Growth Drivers in the U.S. Portable Power Station Market The off-grid application segment leads the market in 2024, supported by the rise of mobile living, van life culture, and remote work trends that require reliable, on-the-go energy solutions. The online distribution channel is growing fastest, driven by consumer preference for convenience, wide product selection, and platforms like Amazon and offering competitive pricing and delivery. By capacity, the 1,000 WH to 2,000 WH segment dominates with over 50% revenue share, offering the ideal mix of power, portability, and versatility for outdoor users, remote professionals, and emergency use at home. Lithium Iron Phosphate (LFP) batteries are both the market leader and fastest-growing battery type, favored for safety, longer life, and compatibility with renewable energy applications. Regional Demand Driven by Weather Extremes, Outdoor Culture, and Renewable Energy Adoption The Southern region accounts for the largest share of the U.S. portable power station market, with states like Texas and Florida frequently facing hurricanes, floods, and severe weather events. This heightened exposure to natural disasters has made emergency preparedness a top priority, fueling strong demand for reliable backup power solutions. Rural and off-grid communities across Louisiana, Alabama, and other Southern states further contribute to steady sales in the region. Meanwhile, the Western region also commands a substantial market share, driven by a robust outdoor culture and sustainability-focused consumers. States such as California, Washington, and Colorado see high demand for portable power stations to support camping, hiking, van life, and other off-grid activities. The region's proactive embrace of renewable energy and its vulnerability to wildfires have further accelerated the need for clean, portable, and solar-compatible backup power systems. Key Company Profiles Goal Zero Bluetti Power Jackery Inc Anker Innovations Technology Co., Ltd EcoFlow Technology Inc. Other Prominent Company Profiles Duracell Klein Tools, Inc. ChargeTech Honda Power Equipment Oukitel Rockpals Lion Energy, LLC Schneider Electric Market Segmentation & Forecast Application Off Grid Emergency Backup Others Capacity Up to 500 WH 500 WH – 1,000 WH 1,000 WH – 2,000 WH Above 2,000 WH Battery Lithium Iron Phosphate Lithium-ion Seal Lead Acid Battery Distribution Channel Offline Online Geography The U.S. South West Midwest Northeast Other Related Reports that Might be of Your Business Requirement U.S. Power Rental Market - Strategic Assessment & Forecast 2025-2030 Transformer Market - Global Outlook & Forecast 2024-2029 What Key Findings Will Our Research Analysis Reveal? How big is the U.S. portable power station market? What is the growth rate of the U.S. portable power station market? What are the significant trends in the U.S. portable power station industry? Which region dominates the U.S. portable power station market share? Who are the key players in the U.S. portable power station market? Why Arizton? 100% Customer Satisfaction 24x7 availability – we are always there when you need us 200+ Fortune 500 Companies trust Arizton's report 80% of our reports are exclusive and first in the industry 100% more data and analysis 1500+ reports published till date Post-Purchase Benefit 1hr of free analyst discussion 10% off on customization About Us: Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Al Bawaba
08-07-2025
- Business
- Al Bawaba
Schneider Electric Receives SmartScore Platinum Certification for Dubai HQ ‘The NEST'
Schneider Electric, the global leader in the digital transformation of energy management and automation, has received the SmartScore Platinum certification for its Dubai HQ building, 'The NEST', the first rollout of its Impact Buildings Program. Achieving a perfect score of 100, the accreditation from WiredScore, the global certification body for digital connectivity and smart technology, validates the sustainable office space that hosts and supports over 1,000 employees across 10,000 square meters, for its foundation of excellence in design, performance, infrastructure, and in meeting the highest global at Dubai Silicon Oasis, The NEST marks the first rollout of Schneider Electric's Impact Buildings Program and showcases the company's smart building technologies. To bring the smart design to fruition, Schneider Electric worked on a landlord-owned base building, in collaboration with Gensler, JLL, and Cundall. Integrating AI, automation, digital twin systems, and Schneider Electric's full suite of EcoStruxure™ solutions, The NEST enables up to 37% energy savings and avoids 572 metric tons of CO₂ annually. Well-aligned with the UAE Energy Strategy 2050 and Dubai Economic Agenda D33, the sustainable building achieved top scores across all assessed categories: User Functionality, Technological Foundation, and Chadli, President of Gulf Countries, Schneider Electric, said: 'Achieving a perfect SmartScore Platinum rating is a proud milestone for us while also testifying to Dubai's leadership in sustainability and digital innovation. As the flagship of our Impact Buildings Program, The NEST represents our commitment to future-ready workplaces that are intelligent, sustainable, and people-centric.' Beyond environmental performance, The NEST is designed to drive collaboration, innovation, and employee well-being and provides a conducive environment for co-creation, learning, and engagement. Schneider Electric's Impact Buildings are at the forefront of sustainable innovation, designed to significantly reduce carbon emissions while enhancing energy efficiency and occupant comfort. Following the successful SmartScore outcome, The NEST is on track to obtain the WELL and LEED ID+C Platinum certifications as well. The SmartScore certification confirms the building's position as a high value, digitally enabled workplace, and enhances its long-term asset value and tenant appeal.
Associated Press
07-07-2025
- Automotive
- Associated Press
Wallbox Announces Timing of its Second Quarter 2025 Financial Results
BARCELONA, Spain--(BUSINESS WIRE)--Jul 7, 2025-- Wallbox (NYSE: WBX), a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, today announced that it will release its financial results for the second quarter of 2025 before market opens on Thursday, July 31, 2025. The company will host a webcast at 8:00 AM ET (2:00 PM CET), to discuss the results and provide a business update. The prepared remarks by Enric Asunción, Co-founder and Chief Executive Officer, and Luis Boada, Chief Financial Officer, will be followed by a question and answer session. Please visit this link, which is also accessible on the 'Events & Presentations' section of the company's investor relations website, to register for and join the webcast. A replay of the webcast following the event and the accompanying presentation materials will be accessible through the same link and available for future download. About Wallbox Wallbox is a global technology company, dedicated to changing the way the world uses energy. Wallbox creates advanced electric vehicle charging and energy management systems that redefine the relationship between users and the network. Wallbox goes beyond charging electric vehicles to give users the power to control their consumption, save money and live more sustainably. Wallbox offers a complete portfolio of charging and energy management solutions for residential, semi-public, and public use in more than 100 countries around the world. Founded in 2015 in Barcelona, where the company's headquarters are located, Wallbox currently has offices across Europe, Asia, and America. For more information, visit View source version on CONTACT: Wallbox Investor Contact: Michael Wilhelm Corporate Development & IR [email protected] +34 607 653 910Wallbox Public Relations Contact: Albert Cabanes Public Relations [email protected] +34 637 582 716 KEYWORD: EUROPE SPAIN UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: TECHNOLOGY EV/ELECTRIC VEHICLES SEMICONDUCTOR AUTOMOTIVE OTHER ENERGY OTHER TECHNOLOGY AUTOMOTIVE MANUFACTURING ALTERNATIVE ENERGY MANUFACTURING ENERGY SOURCE: Wallbox Copyright Business Wire 2025. PUB: 07/07/2025 06:50 AM/DISC: 07/07/2025 06:50 AM
