- In April 2024, Referro Systems, a recognized distributor of Rockwell Automation products, has expanded its offerings by launching Cu-Flex flexible copper busbars in South Africa. These busbars are designed to provide flexibility, durability, and reliability for electrical systems, catering to industrial applications that require efficient and adaptable power distribution solutions
- In January 2023, In a move to strengthen the nation’s rural power infrastructure, the U.S. government committed USD 2.7 billion. This strategic investment aims to enhance grid security, modernize aging infrastructure, and improve the efficiency of rural electric systems. These upgrades are expected to foster significant growth in the power distribution industry nationwide
- In September 2021, Vertiv Holdings Company, a global provider of digital infrastructure solutions, acquired E&I Engineering Ireland and its UAE affiliate, Powerbar Gulf, for USD 1.8 billion, with an additional USD 200 million potential earn-out. This acquisition aims to boost Vertiv's portfolio of busbar systems and solidify its position in the critical power systems market
- In February 2021, Siemens implemented an advanced bus depot featuring busbar trunking technology, optimizing charging stations for eBuses. This deployment expanded Siemens' business portfolio, increasing revenue and profit. The incorporation of efficient power distribution solutions underscored Siemens' commitment to advancing sustainable transportation infrastructure
- In November 2020, General Electric launched the ElfaPlus miniature circuit breaker (MCB), featuring comprehensive accessories such as busbars. This addition to the product portfolio expanded GE's business offerings, contributing to increased profitability. The ElfaPlus MCB with integrated busbars reinforced GE's commitment to innovation and diversification in the electrical components market
- In October 2020, Schneider Electric received recognition among the top 10 Global Innovations from the Cool Earth Forum (ICEF) for its groundbreaking SM AirSeT switchgear. Featuring digital medium voltage technology and an integrated bus bar, this innovation not only demonstrates environmental stewardship but also enhances Schneider Electric's revenue and industry standing
- In August 2020, Schneider Electric successfully concluded the acquisition of Larsen & Toubro's Electrical & Automation business, strengthening its position in the low voltage and industrial automation sector. This strategic move expanded Schneider Electric's business portfolio, contributing to increased revenue and profitability through a diversified range of offerings
- In July 2020, Schneider Electric received the Industrial Energy Efficiency Award for its innovative SM AirSeT switchgear. This environmentally friendly and digitally integrated medium-voltage technology features a profit-generating busbar, contributing to increased revenue. The accolade recognizes Schneider Electric's commitment to sustainable solutions and technological advancements in the energy sector
