Industry News
General Cable confirms closure date
General Cable Corporation has confirmed the closure date of its remaining Australian operations. From 25 November, all sales will be managed from regional headquarters in New Zealand. [ + ]
$100m in asset finance made available to businesses
The Clean Energy Finance Corporation (CEFC) and Commonwealth Bank have launched a $100 million Energy Efficient Equipment Finance program to provide Australian businesses with lower cost finance for a wide range of assets that meet certain energy efficiency standards. [ + ]
Technology awards winners announced
The Australian Technologies Competition (ATC) recognises Australia's best technology companies and offers a bespoke accelerator program, whereby it assesses, mentors, profiles and promotes innovative and emerging technologies seen as having the greatest global potential. [ + ]
Lots to be learned from catastrophic energy failure
A preliminary report by the operator of the power network makes it clear that the huge electricity pylons which were taken out by the storm triggered a sequence of extraordinary events that led to the state-wide blackout in South Australia, the Clean Energy Council has said. [ + ]
simPRO secures capital to fund aggressive growth strategy
Local cloud technology group simPRO Software has secured $40 million in capital from New York-based equity firm Level Equity, in order to support an aggressive expansion strategy. [ + ]
Grid integration could save billions
Unlocking the benefits of new energy technology could lead to a 30% reduction in the network component of electricity bills by 2050 and a fairer, more efficient energy system. [ + ]
Natural solution for rechargeable battery recycling
We may be a step closer to an environmentally friendly solution for recycling rechargeable batteries. [ + ]
Best tradie vehicles for 2016 announced
Motoring.com.au has announced the top five tradie vehicles for 2016, as judged by a team that test-drives, researches and reviews hundreds of makes and models each year. Entrants are judged across five categories: engine, drivetrain and chassis; price, packaging and practicality; safety and technology; behind the wheel; and the X factor. [ + ]
CFMEU blames corporate greed for redundancies
Up to 80 Queensland miners will be made redundant by Anglo American in a move the CFMEU claims is a hostile ambush following over two months of protected industrial action by the German Creek mine workers. [ + ]
Self-charging fabric developed
Scientists have developed a new super-thin fabric that generates electricity from sunlight and movement, according to science journal Nature Energy. [ + ]
Significant step forward for large-solar sector
The Clean Energy Finance Corporation (CEFC) has congratulated the Australian Renewable Energy Agency (ARENA) on the conclusion of its large-scale solar funding round, which will support the development of an additional 480 MW of large-scale solar in Australia. [ + ]
ABB to divest cable business
NKT Cables is acquiring ABB's global high-voltage cable system business with a total enterprise value of €836 million (US$934 million). The business is part of ABB's Power Grids division, which is currently undergoing a strategic review. [ + ]
FSB finds a new home
We are making some changes to Field Service Business (FSB) and as of 1 October it will have new home. We will no longer publish the magazine in print format, but will include up-to-date field service content within a regular Service Management feature across our long-established titles, kicking off with the November/December issue of ECD (Electrical+Comms+Data) later this year. [ + ]
Field service leaders discuss digital transformation
23 leaders from the field service sector gathered for an executive networking breakfast in Melbourne earlier this month. The expert panel was moderated by Westwick-Farrow Media Publisher Geoff Hird, with industry luminaries Richard Simpson – CIO Infrastructure Services Group, Michael Bettencourt – Vice President, Solution Consulting for LogMeIn and Derryn Simmons – Professional Services Manager at CSG Limited sharing their insights on the changing face of field service. [ + ]
Schneider Electric lights up rural communities
Schneider Electric has launched 'Light It Up', a program to bring electricity access to rural communities across Asia Pacific. [ + ]