Wait times for delivery of the critical component for managing expanding electricity grids have doubled or tripled since 2019, Wood Mackenzie estimates. U.S. utilities face soaring costs and worsening ...

MONTGOMERY, Ala. (WSFA) - A “significant expansion” was announced Friday morning for Montgomery’s Hyundai Power Transformers USA. The company announced a $200 million expansion of its Montgomery ...

It is important for machine design engineers to understand how transformers work so they can design machinery that operates optimally within the proper voltage ranges, as well as select the right ...

According to Research Intelo, the global power transformers market size reached USD 32.7 billion in 2024, driven by robust investments in grid modernization and renewable energy integration worldwide.

Work has begun on a major expansion at Georgia Transformer Manufacturing that will bring around 400 jobs to Effingham County.

The financial results of the company have been benefitting from strong global demand for power transformers for the past two years. I’m optimistic that this will last for a few more quarters as the ...

Indian solar manufacturer Saatvik Green Energy has acquired an 80% stake in Jaipur-based Melcon Transformers and Electricals, expanding into power transmission equipment. The move strengthens its ...

Facing unprecedented lead times and skyrocketing costs, the transformer supply chain crisis threatens the backbone of the electric power industry, driving urgent calls for increased manufacturing ...