Avangrid is making a $7 million investment to purchase five power transformers manufactured in Missouri by WEG Transformers USA. The five transformers will be utilized by Avangrid’s two utility ...

Global Industry Prospects and Transformative Trends The power transformer sector is currently experiencing its most ...

Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today (Jan 15) announced a strategic investment of $7 million to purchase five power transformers manufactured in Wash. . .

YUEQING, ZHEJIANG, CHINA, January 8, 2026 /EINPresswire.com/ -- Farady Electric, a global supplier in electrical ...

Energy Transition and Rollout of Renewables. According to the International Energy Agency (IEA), global renewable generation capacity is expected to increase by almost 2,400 GW (75%) from 2022 to 2027 ...

Are the benefits of digital integrated power transformers worth it? Smart transformers with exciting new technologies like Internet of Things (IoT) and artificial intelligence (AI) are among the next ...

YUEQING, ZHEJIANG, CHINA, January 8, 2026 /EINPresswire.com/ -- Farady Electric has achieved another major step forward ...

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.

The global Oil Immersed Current Transformer market was valued at USD 1,893 million in 2024. The market is projected to grow at a CAGR of 6.12% during the forecast period and is expected to reach USD 3 ...