Croatian electrical equipment manufacturer Koncar Elektroindustrija announced on Tuesday that its subsidiary, Koncar - Distribution and Special Transformers (D&ST), has partnered with long-term customer, Swedish electricity distribution company Ellevio, to develop environmentally friendly transformers aimed at facilitating the green transition.

Ellevio and D&ST have embarked on a pilot project to develop and manufacture ten distribution transformers with rated capacities of 100 and 800 kVA. These transformers will utilize high-quality bluemint steel from German Thyssenkrupp Electrical Steel, Koncar detailed in its monthly newsletter.

"This cutting-edge steel, produced using hydrogen, reduces CO2 emissions by up to 50% compared to traditional methods, while maintaining all the properties of conventional transformer steels," the company stated. The performance of this steel has been validated through transformer testing results and confirmed by independent audit bodies.

The pilot project aims to meet the needs of the Swedish local grid, including the installation of about seven kilometers of new cable in the Gullspang area, northeastern Sweden. Alongside the new cables, three new substations will be established, where Ellevio plans to deploy D&ST's bluemint steel transformers.

The initiative will use electric construction machinery and equipment, and feature transformers, substations, cables, and pipes made from more sustainable materials with a reduced carbon footprint. An electric truck equipped with a crane will be utilized for transporting the substations.

Koncar’s shares last traded on Monday on the Zagreb bourse, ending 0.76% lower at 260 euros ($279). Preferred shares of Koncar D&ST traded 0.65% higher at 1,560 euros on Tuesday morning, while ordinary shares closed 0.63% lower at 1,580 euros on Monday.

($1 = 0.933 euros)

Source: seenews.com