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Power Electronics

Nissan Motor (Nissan) announced it has entered into a definitive sale and purchase agreement with GSR Capital (GSR), a private investment fund, for the sale of Nissan's electric battery operations and production facilities to GSR.

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Year after year, Yole Développement has increased its forecasts for the value and the growth of the SiC power device and module markets – and it’s again true in our new report “Power SiC 2017: Materials, Devices, Modules and Applications”. Now we at Yole expect that the SiC power device market will reach more than $1B in 2022, which would constitute a 28% compound annual growth rate (CAGR) for the next five years. This growth is almost seven times faster than the overall power electronic industry.

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Czech Republic, ABB has supplied its fast-charging station for electric vehicles to the new Lidl store in Barrandov, Prague. The Terra 53 CJG fast-charging station includes a special ABB application that uses the capabilities of ABB Ability™ digital offering, allowing DC-based charging network monitoring and control.

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BioSolar, a developer of breakthrough energy storage technology and materials, announced successful internal tests of a proprietary additive that can improve the performance of silicon anodes in general. Company discovers that an additive to improve its own silicon anode can be used to boost performance of all other types of silicon anodes.

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In a unanimous vote, the Board of Los Angeles Metro, one of the largest transportation systems in the United States, voted today to award a contract for 60 40-foot all-electric buses to local manufacturer BYD. This is among the largest single contracts for electric buses in US history, and will directly lead to 59 new manufacturing jobs at the BYD factory in Lancaster, California.

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Siemens and The AES Corporation announced their agreement to form a new global energy storage technology and services company under the name Fluence.

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