Industry News
By 2035, the market size for wound current transformers will reach US$1.9 billion.According to a report by Future Market Insights, the global wound current transformer (CT) market is projected to reach US$1.1 billion in 2025 and is expected to reach US$1.9 billion by 2035, growing at a compound
2026/10/26 13:55
ZESA Enterprises announced plans to increase its annual transformer production target from 600 units in 2021 to 3,000 units by 2025, emphasizing higher quality, local technological advantages, and innovative anti-theft designs.Zimbabwe News: ZESA Enterprises (ZENT) recently announced a significant
2026/10/26 13:51
The transmission substation market size is expected to grow from US$88.4 billion in 2025 to US$116.5 billion by 2035, at a CAGR of 2.8%.According to a Future Market Insights report, the global transmission substation market size stood at $88.4 billion in 2025 and is projected to reach $116.5
2026/07/08 16:07
South Korea Launches National Grid Expansion, Including 99 Transmission Line and Substation Projects, HVDC Strategy, and Grid Stabilization Measures.Seoul, South Korea: The South Korean government has designated 99 transmission line and substation construction projects as part of the national
2026/04/02 16:27
During the forecast period from 2025 to 2033, the global electric vehicle charging transformer market is expected to grow at a CAGR of 23.6%, ultimately reaching a size of $7.8 billion.In 2024, the global electric vehicle charging transformer market size stood at $1.2 billion. This is projected to
2026/04/02 16:27
Tealing–Westfield project marks key step in Scotland's clean energy expansion, boosting grid capacity and delivering $9.7 million in community benefitsTEALING, Scotland – SSEN Transmission has secured Section 37 Electricity Act permission to upgrade the overhead power line between Tealing and
2026/02/11 11:52
CALABA, Philippines — Manila Electric Company (Meralco) has completed a major upgrade of its 230kV-115kV Calaba Power Supply Substation. Amid sustained regional electricity demand growth, the project will strengthen the power network serving Laguna and Batangas provinces.The project includes the
2026/02/11 11:50
Renewables Account for Over Half of Total Capacity, Achieving COP26 Target Five Years Ahead of ScheduleNEW DELHI — India's power sector has achieved a significant milestone, with installed power capacity exceeding 500 gigawatts as of September 30, 2025, according to Energy Minister Pralhad Joshi.
2026/01/20 16:43
With the advancement of regional connectivity projects, this export will meet some of Syria's non peak demand in Jordan.Jordan: The Jordanian Ministry of Energy and Mineral Resources announced on September 3 that Jordan has confirmed its readiness to begin exporting electricity to Syria, awaiting
2025/12/31 16:17
Due to the inability of the supply chain to keep up with the surge in electricity consumption, it is expected that imports will meet 80% of the demand for power transformers.US: Energy consulting firm Wood Mackenzie states that by 2025, the US is expected to face a 30% shortage of power
2025/10/22 16:54
The global power transformer market is expected to grow from $30.38 billion in 2025 to $41.62 billion in 2030, with a compound annual growth rate of 6.5%.According to a report by MarketsandMarkets, the global power transformer market is expected to increase from $30.38 billion in 2025 to $41.62
2025/10/20 14:36
With the acceleration of global energy transformation, the reliability of power grid depends more than ever on the smallest components from cable joints to transformers. Faults in these hidden elements may disturb the whole region, making strict testing a key part of grid elasticity and security.
2025/10/17 17:07