Robotics & Automation News

Market trends and business perspectives

Archives for February 18, 2019

Volkswagen focuses more closely on multi-brand plants

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Volkswagen has approved new plant assignment plans, which reflect the challenges of the next five years and lay the necessary foundations.

The plants in Emden and Hanover will be converted to build electric vehicles: models from the ID. family will begin rolling off the assembly lines there from 2022.

In order to serve growth in Europe, the Group will  expand its production capacity post-2022 with an additional plant in Eastern Europe.

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Heraeus and Volvo invest in Forciot’s stretchable electronics technology

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Heraeus Holding GmbH and Volvo Cars’ Technology fund AB have made investments in Forciot as part of the its Series A investment round.

Forciot’s product is a unique stretchable electronics and algorithm solution that measures and reports accurately force, weight, balance and pressure which can be utilised as HMI touch controller.

The investment enables Forciot to broaden its international business entry and supply chain operations.

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Hanwha Energy extends its reach across the Pacific with Hawaii energy project

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Hanwha Energy has been awarded a major solar energy contract by Hawaiian Electric Company (HECO) as part of the state’s efforts to achieve 100% renewable energy generation.

The contract is for the Hoohana project, a major solar energy development on the island of Oahu, Hawaii, USA. South Korea-based Hanwha Energy will develop, construct, and operate a USD 140 million solar farm by 2021.

Under the terms of the Power Purchase Agreement, Hanwha Energy will operate this 52MW photovoltaic power plant and a 208MWh Energy Storage System (ESS) for 20 years.

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