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Industry
Solum wins Saudi EV charger manufacturing incentive approval, first for Korean company
Solum has become the first South Korean company to win Saudi government incentive approval in electric vehicle charger manufacturing, it said on Sunday. The electronic components maker received final approval under the Standard Incentives for the Industrial Sector programme and secured Saudi government subsidies. Solum is pursuing a joint venture with local partner AL BAKHEET and is in talks to build an EV charger plant using its own power modules.
Industry
Solum enters Qatar electricity authority EV charger pilot project
Solum said on Wednesday it has entered a public-sector electric vehicle charger pilot project run by Qatar\'s electricity authority, Kahramaa. It said the project is the first case of a South Korean company taking part in Kahramaa’s proof-of-concept programme. The pilot involves one CHAEVI third-generation 180 kW fast charger equipped with Solum’s 30 kW power module, due to arrive in Qatar in early July after production and air shipment.
Industry
Schneider Electric says energy industry to expand investment in autonomy by 2030
Schneider Electric said research shows demand for autonomous operations in the energy and chemical industries will expand sharply by 2030. It released a Global Autonomous Maturity Report based on a survey of 400 senior executives across 12 countries and desk research and stakeholder interviews. The report said 31.5 percent prioritise advancing autonomy in the next five years, rising to 44 percent within 10 years, while concerns include upfront costs and legacy systems.
