SMTOF News and Press, Sumitomo Elec Indus Ltd

2023-06-29 19:19:28 ET Sumitomo Electric Industries ( OTCPK:SMTOF ) ( OTCPK:SMTOY ) and Meidensha both were downgraded by analysts at Goldman Sachs on Friday. The lowered the rating for Sumitomo Electric ( OTCPK:SMTOF ) ( OTCPK:SMTOY ) to Neutral from a previous investme...

2023-06-20 13:55:11 ET Summary Battery Energy Storage is in good shape with lithium batteries for short-term (0-4 hr) storage; flow batteries showing promise for 6-24 hr storage and scaling up. Lockheed Martin building a 10 MWh facility at military base in Colorado, while ESS stru...

2023-03-06 23:26:01 ET Summary Encore is a vertically integrated low-cost wire and cable producer. Encore has extremely low TTM valuations. Organically grown business since 1989. Macro electrification movement will drive long term wire demand. Wire and cable margins ar...

Sumitomo Electric Industries, Ltd. (TOKYO:5802) (ISIN:JP3407400005) has received its first overseas commercial order for power line communication (PLC)*¹ string*² monitoring units from a German photovoltaic (PV) power generation and Engineering, Procurement and Construction (EPC) compan...

Grid scale battery storage currently rests largely on lithium batteries with Tesla a major player. Can lithium batteries be scaled up for all of the emerging uses? They're best for transport and 0-4 hour grid storage. There's a role for redox flow batteries in stationary applicati...

Recent US and Swiss acquisitions indicate increased global focus and new directions for Hitachi in key areas. Hitachi (80%) JV with ABB Power, Hitachi ABB Power Grids, to be renamed Hitachi Energy. HVDC is a key element in grid connectivity and Hitachi Energy is a key player. ...

BNEF forecasts a 122x increase in global energy storage from 2018 to 2040. WoodMac: Global energy storage capacity is expected to grow at a CAGR of 31% through 2030. The March 2, 2021, CLEAN Future Act (H.R. 1512) Bill authorizes US$565B towards US carbon-free electricity by 2035. The...

Sumitomo has the lowest exposure to resources in the Japanese trading company sector and arguably the most economically-sensitive with its auto business. Despite offering a prospective 4.8% dividend yield, this is relatively in line with higher quality peers. We prefer other compa...

New York City, NY: May 06, 2020 – Published via (Wired Release):- “Market.us presents a new report titled Chemical Vapor Deposition Diamond Market: 2020 Research and New Innovations in Oil and Gas Sector. The prime objective of the report is to offer updates and information relat...

New York City, NY: May 05, 2020 – Published via (Wired Release):- “Market.us presents a new report titled Aluminum Welding Wires Market: 2020 Research and New Innovations in Oil and Gas Sector. The prime objective of the report is to offer updates and information related to futu...