ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

DEIF and AVL to drive net-zero shipping and power generation with revolutionary power converters

By: Get News
DEIF and AVL to drive net-zero shipping and power generation with revolutionary power converters
Cutting-edge semiconductor technology meets manufacturing and application expertise as the two companies launch a long-term partnership to accelerate the green transition on land and at sea.

Skive, Denmark - Apr 2, 2024 - International shipping is about to reduce its climate impact significantly: With last year’s adoption of a revised greenhouse gas strategy, the International Maritime Organization (IMO) set an ambitious course, calling for at least a 70% reduction of greenhouse gas emissions by 2040. The Paris Agreement was adopted by all 196 Parties to the United Nations Framework Convention on Climate Change at COP21 in Paris where all countries agreed to work to limit global temperature rise to well below 2 degrees Celsius, and to strive for 1.5 degrees Celsius.

Reaching these targets will require strong partnerships and new propulsion and power generation solutions. Control solutions manufacturer DEIF and mobility technology company AVL are now making a milestone effort to accelerate the green transition on land and at sea: The companies have announced a long-term partnership to develop, market, and sell power converters based on cutting-edge technology.

“We are driven by a passion to help create a world that is climate-neutral and one that makes safe, comfortable, green mobility a reality for everyone,” says Urs Gerspach, EVP of AVL List. “Through our partnership with DEIF, our semiconductor technology will help enable green transition on land and at sea – at large scale.”

Efficient and compact power convertersThe partnership combines pioneering innovation and advanced technology from AVL with DEIF application expertise and manufacturing capabilities. AVL semiconductor technology based on silicon carbide will enable the development of power stacks with minimal heat loss. They can be used to manufacture highly efficient and compact power converters that are integral to the development of low to zero-emission power generation on land and at sea and propulsion systems on ships.

The power stacks will be manufactured by DEIF at its state-of-the-art electronics factory in Denmark; in addition, DEIF will develop control solutions that enable integration of the power stacks in various marine applications.

“At DEIF, we are contributing to the energy transition on land and at sea, using our decades of experience to develop, manufacture, and sell control devices that reduce climate impact while delivering reliable performance,” says Christian Nielsen, CEO at DEIF. “Working with AVL will help us broaden our offering of competitive power electronics solutions for land & marine applications.”

Concepts presented at SMM 2024DEIF and AVL are planning to present product concepts at the SMM trade fair in Hamburg, Germany, from 3 to 6 September 2024. While the products will not be in series production yet, they will invite inclusion in upcoming design and development work.

Further information:

Christina Kropf, PR Manager, AVL, tel. +43 316 787 11079, email: Christina.kropf@avl.com

Badrinarayanan Suresh, Senior Vice President, Business Development, DEIF A/S, tel. +45 9614 9654, email: bsu@deif.com

Photo: Urs Gerspach, EVP of AVL and Christian Nielsen, CEO of DEIF A/S

Learn more on deif.comhttps://www.deif.com/news/deif-and-avl-to-drive-net-zero-shipping-and-power-generation-with-revolutionary-power-converters/?utm_source=presswire&utm_medium=paid%20other&utm_campaign=corporate&utm_content=avl

Media Contact
Company Name: Deif
Contact Person: Media Relations
Email: Send Email
Country: Denmark
Website: http://deif.com



Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.