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Deutz/Torqeedo, Volvo Penta/Sanlorenzo, RRPS, Yanmar, Liebherr/Prinoth, Caterpillar, Lhyfe/Source Galileo, TotalEnergies/Kyon, Daimler Tr., Duplomatic

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This week's highlights - 30/01/2024

Deutz sells Torqeedo to Yamaha Motor

Deutz announced a further milestone in the repositioning of its portfolio as part of its Dual+ strategy: Torqeedo, the world's leading manufacturer of outboard and inboard drives, will be sold to Yamaha Motor...

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Sanlorenzo and Volvo Penta collaborate to decarbonize yachting industry

Volvo Penta and Sanlorenzo announced they are working together to bring Volvo Penta's IPS Professional Platform, the industry's most advanced technology and propulsion platform for commercial marine vessels and superyachts, to two new Sanlorenzo yachts, the SX120 and the SX132...

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Rolls-Royce opens mtu Remanufacturing and Overhaul Center in South Carolina

Rolls-Royce Power Systems Division has opened a new Remanufacturing and Overhaul Center on its mtu Aiken campus in South Carolina (USA)...

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Yanmar Power Technology secures Japan's first approval for maritime hydrogen fuel cell system

Yanmar Power Technology has achieved a significant milestone as the first company in Japan to receive the Approval in Principle (AiP) for its "Maritime Hydrogen Fuel Cell System" from Nippon Kaiji Kyokai (ClassNK), a prominent Japanese maritime association...

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Prinoth relies on Liebherr's digital cameras

Prinoth, a global manufacturer of snow groomers, has been equipping its machines with MDC3 digital smart cameras by Liebherr-Components since 2023. The cameras ensure greater comfort and safety on the slope ā€“ even under extreme weather conditions...

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Caterpillar and the use of hydrogen fuel cell for backup power at Microsoft data center

Caterpillar announced the success of its collaboration with Microsoft and Ballard Power Systems to demonstrate the viability of using large-format hydrogen fuel cells to supply reliable and sustainable backup power for data centers...

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Lhyfe and Source Galileo join forces for green hydrogen production in the UK and Ireland 

Green and renewable hydrogen producer and supplier Lhyfe and European renewable energy developer Source Galileo today announced their joint agreement to develop commercial-scale green and renewable hydrogen production units in the UK and Ireland...

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TotalEnergies acquires Kyon Energy, a German battery storage developer

TotalEnergies has signed an agreement to acquire the entire share capital of Kyon Energy as part of its development into an integrated energy supplier in Germany. Kyon Energy is one of the leading developers of battery storage systems in Germany and was launched in 2021 by its three founders...

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Eva Scherer, from Siemens, joins Daimler Truck as CFO

The Supervisory Board of Daimler Truck has appointed Eva Scherer as new member of the Board of Management of Daimler Truck Holding AG effective April 1, 2024...

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Electric vans, British-based manufacturer Arrival reportedly close to bankruptcy
 
According to Sky News, the Nasdaq-listed company "is in talks with EY, a professional services firm, about acting as administrator if the company cannot secure rescue funding". Although there's a possibility that Arrival finds the money to survive, it is still unclear how long Arrival's remaining cash reserves would last...
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Duplomatic MS acquires Philipp Acon Hydraulik business 

Duplomatic MS, a company within the Daikin Group, is pleased to announce a significant development in Germany: GĆ¼nther Till, a well-known German cylinder manufacturer and already a part of Duplomatic MS since December 2021, has successfully signed an agreement to transfer the assets of Philipp Acon Hydraulik, a branch of Philipp Gruppe...
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