In July of this year, the International Maritime Organization (IMO) revised its strategy for reducing greenhouse gas (GHG) emissions from international shipping . The IMO’s new ambitious target is to reach net-zero GHG emissions from international shipping by 2050. This is a big jump up from the initial target of a 50% GHG reduction by…
We just got back from this year’s Electric & Hybrid Marine Expo in Amsterdam and are energized by what we saw and heard about marine electrification! Wide range of professionals The E&H Marine Expo draws professionals with high levels of expertise in marine electrification and continues to be an excellent opportunity for in-depth discussions and…
The Global Wind Energy Council released its annual market statistics. The 2017 market remained above 50 GW, with Europe, India and the offshore sector having record years.
Our fiscal year is not the calendar year. Instead, it runs from March 1 through the end of February, as is typical for many Japanese companies. The Japanese new year starts with the blossoming of cherry trees. Similarly, our business has been flourishing, too. Our revenue has grown and our profitability improved during the past fiscal year.
Yaskawa Environmental Energy won ‘Engineering Team of the Year’ award at the Electric & Hybrid Marine World Expo in Amsterdam. The award was won for the company’s extraordinary achievement in the marine industry.
The year of 2017 is quickly coming to a close. So, it’s nice to take a moment to reflect on how The Switch has been able to electrify the different businesses and partners that we’ve touched throughout the year.
At this year’s Sea Japan 2024 exhibition in early April, our new majority shareholder BEMAC introduced The Switch to the greater Japanese shipping industry. Sea Japan is one of the key maritime exhibitions worldwide. This high-level international conference and exhibition takes place every other year and showcases the very latest marine advancements in fuel efficiency,…
Looking at my email history, I see that the term “shaft generator” first appeared in my email conversations in May 2013. So, it has been exactly ten years to date from when we first started to think how we could utilize our permanent magnet technology originally developed for the wind industry in marine applications –…
We just finished our fiscal year of 2022 with a historical number of deliveries. The last two months of January and February helped us recover sales that were impacted by shortages in materials. We did not meet our profitability targets, but as we all know, last year was quite exceptional. I can also proudly tell…
What does the future hold for electrification of the marine industry? A review of the past year’s trends shows a clear movement toward electrification. Green transition gathering speed The transition to using sustainable solutions in the marine market has clearly been on the industry agenda over the past year. And what’s more, our conversations with…
With Yaskawa, Vipa, Profichip and ZF Italia, The Switch participated at SPS IPC Drives 2017, the biggest industrial automation fair in Italy, presenting its complete turbo drive package.
Dear friends! This year in many ways has been a year of harvesting. The Switch has been working systematically in volatile markets, but now the underlying hard work is paying off. We are in the supply chains of some of the top companies in the wind business, like Goldwind, Mitsubishi Vestas Offshore and others, which…