Technology plays increasingly important role in energy industry: IEA

HOUSTON – Technology plays an increasingly important role in both supply and demand sides of the energy industry, according to an energy outlook released by the International Energy Agency (IEA) on Monday. IEA Executive Director Fatih Birol made the remarks to reporters at the CERAWeek by IHS Markit that kicked off on Monday in Houston in the USstate of Texas. The outlook focused on the organization’s expectations of energy markets for the next five years and include implications for the global economy and geopolitics. According to Birol, the industry has established…

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IoT at the Edge: How AI Will Transform IoT Architecture

IoT at the Edge: How AI Will Transform IoT Architecture

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R33m to train 200 plumbers and electricians in eThekwini

Durban – Two hundred unemployed young people will receive training through an artisan development programme over three years, the eThekwini executive committee (Exco) agreed on Tuesday. They will attend plumbing and electrical courses during the programme, set to start on Friday. This will be made possible through grant funding of R33 million from the Energy and Water Sector Education and Training Authority. A report tabled at Exco granted authority for the city to enter into a service level agreement with a training provider to deliver the courses, and monitor and…

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New Semiconductors Meet the Challenge of Leading-Edge Radio Design

New Semiconductors Meet the Challenge of Leading-Edge Radio Design

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Schneider Electric participates in French-South African Business Forum

Albert Fuchet, Cluster President for Schneider Electric Anglophone Africa will participate at the French-South African Business Forum on Thursday 4 October 2018, where he will take part in the panel discussion ‘A New Approach: Building skills for the Future’, with the Deputy Minister of Higher Education and Training, Buti Manamela.   “Schneider Electric South Africa (SESA), has a dedicated sustainable development programme that focusses on creating Access to Energy and Access to Education.” explains Fuchet. “The panel’s themes of Education, Vocational Training and Entrepreneurship, mirror the dedicated efforts of our…

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Addressing the energy paradox in Africa

Almost 20 years ago, approximately 400 million people in Sub-Saharan Africa had no access to electricity. Today, the number of people without access has increased, as the population growth has outpaced infrastructure development. As a result, there are over 600 million people with no access to electricity today.   The lack of access to electricity is a particular problem in rural areas. Around 63% of the population in Sub-Saharan Africa is rural, of which only 19% has access to energy, compared to 63% of the urban population.   Access to…

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Digitalisation, Decentralisation and Decarbonisation to fuel innovation for the future

Access to energy is regarded as the very first foundation of life, progress, and education. Similarly, as the world continues to change, access to digital technology is just a vital, where the ability to connect to people, and machines, has been intertwined with that very same foundation.   Speaking at the recent Paris Innovation Summit, Schneider Electric CEO Jean-Pascal Tricoire highlighted the most critical energy trends reshaping how we do business – digitisation, decarbonisation, and decentralisation.   The Internet of Things and the digitisation of devices have provided new methods…

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Boksburg Company Scores a Double at National Premier Business Awards

A Boksburg-based Gauteng company scored a double when it scooped two awards at the fifth edition of the South African Premier Business Awards. Winners were announced at the awards ceremony that was hosted by the Department of Trade and Industry (the dti) in partnership with Brand South Africa and Proudly South African at the Sandton Convention Centre tonight under the theme Rewarding Business Excellence. According to the Minister of Trade and Industry, Dr Rob Davies the awards recognise and reward the contribution of the country’s companies in growing and transforming…

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Yokogawa Develops N-IO Standard Field Enclosure and Control System Virtualization Platform –For improved agility in implementing control system projects–

Yokogawa Electric Corporation (Tokyo: 6841) announces that it has developed an N-IO standard field enclosure and a control system virtualization platform. The enclosure is a weatherproof remote IO cabinet that stores IO devices used by the CENTUM® VP integrated production control system and the ProSafe®-RS safety instrumented system, and the virtualization platform enables the control of multiple virtual devices on a single server. By reducing the amount of time and effort to engineer a new system, these solutions help to both speed up project execution and reduce total cost of…

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Hisense purchases Toshiba television business

Hisense Electric, a publicly listed subsidiary of Hisense Group, has entered into agreements to buy businesses including Toshiba television products, the brand and service operation. In this transaction, on November 14, Hisense purchased 95 per cent of the shares in Toshiba Visual Solutions Corporation (“TVS”), a wholly owned subsidiary of Toshiba Corporation, for12.9 billion Japanese Yen (Bt3.76 billion). Toshiba will retain 5 per cent. Hisense will obtain the TV businesses including production, research and development, and sales functions. Meanwhile, TVS will acquire a worldwide licence to use the Toshiba brand…

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