Press Releases
 
TEPCO and Curtiss-Wright Form Strategic Alliance to Boost Efficiency of Thermal Power Plants

Deal includes exclusive sale rights in Asia, Mid-East for software used to manage plant efficiency

TOKYO, 7 February 2018 -- (JCN Newswire) -- Tokyo Electric Power Company Holdings, Inc. and Curtiss-Wright Corporation have created a strategic alliance designed to boost the efficiency of thermal power plants, an important element in the fight against climate change.

As part of the alliance, TEPCO will supply Curtiss-Wright's industry-leading thermal performance optimization software to power plants in East Asia, Southeast Asia, South Asia, and the Middle East. The deal marks the first time that TEPCO has agreed to obtain exclusive sales rights for software to power plants. It is also the first time that Curtiss-Wright, a world leader in hardware and software for power plant management, has executed an exclusive sales agreement with an electric operator for its proprietary software.

The alliance extends to two Curtiss-Wright software products, known as PMAX and PEPSE, already in use in more than 500 locations worldwide. The two companies expect that TEPCO's expertise in power station management will add value for software licensees. In addition to acquiring a new revenue stream, TEPCO will be able to enhance the efficiency of thermal power stations across Asia, which is an important public policy goal.

Curtiss-Wright anticipates that TEPCO's strong Asian presence and power generation expertise will enhance its sales and marketing activities in Asia, as well as its ability to support electric companies as customers. By having Curtiss-Wright's software used at thermal power stations operated by the TEPCO Group, and having close interaction between engineers from both companies through intercompany human resource exchange programs, Curtiss-Wright will be able to improve the technical skill of TEPCO Group engineers and develop products and services that better meet the needs of electric operators in Asia.

Kurt Mitchell, Vice President and General Manager of Curtiss-Wright's Nuclear division said, "Curtiss-Wright views this partnership with TEPCO as a critical step towards optimizing thermal power generation performance in the Asia Pacific region by combining our industry leading software technology with TEPCO's world renowned operations excellence and vision for IoT implementation."

Shin-ichiro Kengaku, Managing Executive Officer and Chief of the Global Innovation & Investments at TEPCO, commented, "We believe this new alliance with one of the world's foremost power plant management companies illustrates the commitment TEPCO has made to bringing innovation and fresh thinking to an evolving marketplace, while helping the environment at the same time."

Attachment
Collaboration between TEPCO HD and Curtiss-Wright
http://www.tepco.co.jp/en/press/corp-com/release/betu18_e/images/180207e0201.pdf

About Curtiss-Wright Corp.
Curtiss-Wright Corporation (NYSE:CW) is a global innovative company that delivers highly engineered, critical function products and services to the commercial, industrial, defense and energy markets. Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of providing reliable solutions through trusted customer relationships. The company employs approximately 8,000 people worldwide. For more information, visit http://www.curtisswright.com.

About TEPCO
Tokyo Electric Power Company Holdings, Inc. (TSE: 9501), headquartered in Tokyo, Japan, is the largest utility in Japan, serving millions of homes and businesses. Worldwide the company has more than 34 subsidiaries and 32 affiliates in eight countries and employs approximately 42,060 people. Consolidated revenue for the fiscal year ending March 31, 2017, totaled 5.3 trillion Japanese yen. The company was established in 1951 and is listed on the First Section of the Tokyo Stock Exchange. For more information, visit http://www.tepco.co.jp/en/corpinfo/index-e.html

Press release: http://www.tepco.co.jp/en/press/corp-com/release/2018/1476023_15409.html

# # #


Submitted by ACN Newswire, ACN Newswire on Wednesday, 7 February 2018 at 11:02 PM
Category: Enterprise Technology
 
Related News

How to get best gadgets at affordable rates
Friday, 25 May 2018

Electret Condenser Microphones Market Analysis- Regional Outlook, Segments And Forecast To 2018-2025
Thursday, 24 May 2018

E-book Reader Market Size, Share, Analysis, Industry Demand and Forecasts Report to 2018-2025
Thursday, 24 May 2018

Travel Switches Market Size, Share, Analysis, Industry Demand and Forecasts Report to 2018-2025
Thursday, 24 May 2018

Surveillance Robots Market Size, Share, Analysis, Industry Demand and Forecasts Report to 2018-2025
Thursday, 24 May 2018

Related Events

9th Annual Nuclear Decommissioning Conference Europe 2018
Thursday, 24 May 2018

Chief Data and Analytics Officer Government 2018
Wednesday, 30 May 2018

Palo Alto Networks: Next-Generation Security on Microsoft Azure®
Wednesday, 30 May 2018

Marketing Evolution Experience
Sunday, 3 Jun 2018

Palo Alto Networks: Disrupting The Cybersecurity Status Quo
Tuesday, 5 Jun 2018

Latest News

Terrace Natural Stone - Kasseien prijslijst
Friday, 25 May 2018

Kana Post Delivers Innovative Tested Cannabis Products At The Cheapest Prices In Canada
Friday, 25 May 2018

2022 Global Medical Elastomers Market: Industry Size, Share, Growth, Analysis & Market Demand
Friday, 25 May 2018

Six Advantages Of Hiring End Of Lease Clean Services
Friday, 25 May 2018

Techniques used to verificar email
Friday, 25 May 2018

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Friday, 25 May 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • fPmh 2018
  • IoT AI WORLD CONGRESS 2018
  • TNW Conference 2018: Technology Festival in Amsterdam
  • BILT ANZ 2018
  • EAED Spring Meeting 2018

  • Latest Jobs
    Sorry, there are currently no entries posted here.