US$ 22 Billion in Green Hydrogen Projects Planned in Brazil

Year: 2021

2021-07-27

US$ 22 Billion in Green Hydrogen Projects Planned in Brazil

From January to June, six Intention Letters to install H2V facilities have been signed by companies and the total of investment involved is around US$ 22 billion. One of the players is the Australian Fortescue, one of the six biggest producers of iron ore in the world. Companies of renewable energy such as the also Australian Energix Energy and petrochemical as British Petrol are also behind the investment plans.

Source: Valor     Read The Article

PSR Analysis: The investment is a sign of the presence of Hydrogen to power MHV and Off Highway equipment, either for ICE, solely or combined with Diesel or other fuel, or for Fuel Cells. Another step necessary for the success of Hydrogen as a fuel for MHV and Off Highway equipment in Brazil is the infrastructure for distribution; that should come along with the success of the production plants. PSR

Fabio Ferraresi is Director, Business Development-South America, for Power Systems Research

Chinese Great Wall Acquires Mercedes-Benz Facility in São Paulo

Although the acquisition has not been confirmed by the companies, the Journal “O Globo” published a report that an internal communication to Mercedes employees about the deal was released June 25 with technical details of the facility confirming it meets the requirements of the Chinese company.

Source: Autoespoerte / O Globo    Read The Article

PSR Analysis: It looks like the perfect match as it is a good opportunity for the German car maker to sell the assets of the plant stopped in 2020 and it is in line with the Chinese OEM strategy to expand business out of China by the acquisition of existing companies or production structures. GWM did it in Thailand when it acquired the plant of General Motors and it plans to do it again in India, again with General Motors. PSR

Fabio Ferraresi is Director, Business Development, South America, for Power Systems Research

HanseYachts Group Reports ‘Exceptional Year’

Natasa Mulahalilovic
Natasa Mulahalilovic

German boat manufacturer HanseYachts AG has announced preliminary financial results for 2020-2021 that it has described as “exceptional for the company in all respects.”

The group, established in 1990, manufactures sailing, motor yachts and luxury sailing, and motor catamarans under the brands Hanse, Dehler, Moody, Privilege, Fjord and Sealine. Boats are produced in Germany and France, and are equipped with Volvo, Yanmar and Mercury engines.

Despite the production problems caused by delays in parts supply, the group achieved record results in 2020/2021, with the order book counting more than 1,000 boats. Previously, the group’s best year was 2007/2008 when 940 boats were ordered. The revenue this year is expected to be more than € 230 million. 

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Strong Post-pandemic Growth Expected into 2022-23 for North America

Yosyf Sheremeta
Yosyf Sheremeta

SUMMARY.  After the GDP declined 3.5% last year, the worst performance in almost 75 years, the US economy is set for a strong comeback.  There are many reasons to be optimistic about the economy for the next few years, including strong readings of macro-economic factors combined with the economic cycle reset backed by government initiatives and policies.

Our positive outlook is based on the reviews of key economic indicators, including GDP, unemployment, and inflation. 

During H1 2021, we witnessed a strong level of activities and a rebound for many industries.  As local governments eased lockdown restrictions, service-oriented industries gained traction and that translated to an overall increase of economic activities across many industries. 

We expect this level of rebound to continue and we now expect even stronger overall growth for 2021.  The US economy is on track to reach or even surpass the growth level of 1984 – the highest one since 1950s.  In the near term, consumer spending will help drive demand and support the strong growth trend.

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DATAPOINT: NA Excavators, 2021 Production: 19,900 Units

19,900 units is the estimate by Power Systems Research of the number of Excavators to be produced in North America in 2021.

This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers.

Market Share: With combined plant totals of 47.5% Caterpillar leads in production of excavators in North America.  In second position is Doosan Bobcat with 22%; third, is Deere-Hitachi with 14.5%.  

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Edge Computing Helps Connect America

John Krzesicki
John Krzesicki

Cities, nationally and globally, are embarking on innovative efforts to harness the benefits of rapidly emerging technologies to improve citizens’ quality of life, increase operational efficiency, and enhance economic vitality and sustainability.

These efforts often involve changing the nature of data storage and transfer, primarily by moving these steps from data storage “clouds” to local data centers closer to the  application.

Since Power Systems Research began tracking global equipment manufacturers in 1976, its analysts have been aware of new technologies and electrification trends such as these which can affect future markets. Today, we’re closely following these changes in data transfer and storage.

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2021-07-20

Fabio Discusses Electrification of MHV

Fabio Ferraresi
Fabio Ferraresi

Dir. Business Development South America

Today, Fabio Fabio Ferraresi, Director of Business Development in South America, discusses Brazil MH vehicle production and trends in MHV propulsion and powertrains.

Transcript

Welcome to the PSR PowerTALK podcast produced by Power Systems Research.

00:06 Joe Delmont

From Power Systems Research I’m Joe Delmont, editor of PSR PowerTALK. Today we’ll talk with Fabio Ferraresi about transportation trends in Brazil, especially as they apply to medium and heavy vehicles. We’ll discuss 2021 Brazil production forecasts, and we’ll also look at trends in propulsion and powertrains for medium and heavy vehicles.

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2021-07-13

2021 Global Economic Outlook

Yosyf Sheremeta, PhD, Director of Product Management and Customer Experience, analyzes the Global economic outlook by region and industry segment.

Transcript

Welcome to the PSR PowerTALK podcast, produced by Power Systems Research.

00:06 Joe Delmont

From Power Systems Research I’m Joe Delmont, an editor of PSR PowerTALK.

Today we’ll talk with Yosyf Sheremeta about his global economic outlook. Yosyf is Director of Product Management and Customer Experience for Power Systems Research.

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2021-07-06

DataPoint 2021 UTV Production

Today, PSR PowerTALK Editor Joe Delmont presents the Power Systems Research 2021 North American Utility Vehicle production outlook. We estimate that North American wheel loader production this year will reach 440,100 units; about even with 2020 levels.

This forecast has been developed by Carol Turner, Senior Analyst – Global Operations, at Power Systems Research.

Transcript 

Welcome to the PSR PowerTALK podcast, produced by Power Systems Research. 

00:06 

From Power Systems Research, I’m Joe Delmont, editor of PSR PowerTALK. Today we’ll discuss a data point covering 2021 utility vehicle production in North America.  

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2021-06-29

Datapoint: 2021 Grader

Today, PSR PowerTALK Editor Joe Delmont presents the Power Systems Research 2021 North American Grader production outlook. We estimate that North American grader production this year will reach 2325 units; up about 8% from 2020 levels. This forecast has been developed by Carol Turner, senior analyst-global operations, at Power Systems Research.

Transcript 

Welcome to the PSR PowerTALK podcast, produced by Power Systems Research. 

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