Consolidating relationship with Lappeenranta-Lahti University of Technology
The Switch and LUT have signed a Key Account agreement to strengthen cooperation and formalize the partnership the two organizations have enjoyed for nearly two decades.
The Switch and LUT have signed a Key Account agreement to strengthen cooperation and formalize the partnership the two organizations have enjoyed for nearly two decades.
Tune in for an overview of achievements, updates on future plans and insight into the renewable energy industry.
China announced last week that it would restrict its rare earth export quota and the news came unwelcome for the Western renewable energy industry. In Beijing, a representative of a Chinese Ministry of Commerce think tank commented: “Foreign nations do not make sense when they blame China for reducing exports. Some of them can produce rare earth themselves. Nations that own rare earth resources should take the responsibility of producing and help supply global demand.”
During 2011, permanent magnet machine manufacturers experienced moments of fear. The prices for rare earth materials were spiraling upwards uncontrollably. Since then, the situation has stabilized to a level slightly higher than before the crisis. But what’s the overall situation right now?
Today, two market conditions mark the ROPAX industry as ready for environmentally friendly innovations, such as permanent magnet machines. First, fuel prices have gone up.
We had the honor of hosting very prestigious guests at out Lappeenranta factory. H.E. Ambassador Robert Frank Pence, the US Ambassador to Finland, visited the office and toured our factory as a part of Team Finland’s USA Road Show 2019.
When: October 27 – 29, 2010
Where: India Expo Centre & Mart, Greater Noida, India
Visit us at booth #S560!
We look forward to switching you ON at DIREC 2010!
In October 2007, MAN TURBO of Switzerland announced the successful factory testing of its HOFIM™ compact compressor system, a sub-sea gas compression solution that includes highly tailored basic motor technology from The Switch. This motor is part of a future-oriented project financed by the Åsgard Licence Partners in Norway to develop compression systems for the next generation of oil and gas production.
The Switch together with MAN TURBO developed the high-speed motor, based on solid rotor technology, for the compressor system that will be used in a challenging environment of uncleaned wellstream gas.
Finland’s spring has warmed up to a hotter-than-usual summer up here in the North. Likewise, our fiscal year is proving to be warmer than anticipated. Thanks to several significant orders, we are heading toward a good year.
When: September 21 – 25, 2010
Where: Messe Husum, Husum, Germany
Visit us at booth #A10 in hall 2!
We look forward to switching you ON at Husum WindEnergy 2010.
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. And, similarly, our business has been flourishing, too. Our revenue has grown and our profitability improved during the past fiscal year.
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. And, similarly, our business has been flourishing, too. Our revenue has grown and our profitability improved during the past fiscal year.