Upgrading to the latest technology is indeed possible. The way is to simply change your business model and go beyond vertical integration, embracing an asset-light, flexible business model based on financially sound principles to better respond to market demand. This allows you to reach a much higher strategic approach in doing business with customers over the long run because you can constantly anticipate and satisfy their demands.
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Game-changing permanent magnet solutions
Soaring fuel prices, global overcapacity and lower profit margins are opening the way for advanced technologies that revolutionize the way ships generate and use energy.
Next-generation hybrid propulsion systems from WE Tech and The Switch are game changers in their own right when it comes to reaching the highest energy efficiency, lowering the costs of operation and helping to comply with future environmental legislation. Solutions such as these enable ships to stay afloat and profit in a sea of fierce competition.
Collaboration in all
The world economy is showing signs of recovery after many years of being battered by the financial crisis. This is vital for the wind industry so that investments flow into the industry, and at the same time, transformation still continues. Announcements of investments in Dong Energy as well as Mitsubishi and Vestas joining forces are good indications that the strong players are ready to invest in the promising offshore wind.
The Switch and YASKAWA to form strategic cooperation
The Switch, a supplier of megawatt-class permanent magnet generator and full-power converter packages for wind power and other renewable energy applications, and YASKAWA Electric Corporation, a global manufacturer of servomotors, controllers, inverters, and industrial robots, today announced they will enter into a strategic cooperation on high-power motors, generators and converters.
By combining forces, the two companies plan to leverage each other’s technology expertise, expand their product range and to strengthen their market positions in Europe and Japan. This cooperation will result in a more complete offering in product packages and eventually in bigger and better wind turbines.