Double partnership announcements increase Synaptec’s customer offering
23 October 2020
Synaptec has signed two new partnership agreements which will see increased availability of our unique passive sensor technology across both the transmission and offshore wind sectors.
Lower operating costs for offshore wind with Proserv
Our new partnership with Proserv Controls aims to develop a cutting-edge integrated holistic cable monitoring system, which will reduce downtime, improve safety and lower operating costs at offshore wind farms.
The alliance will see both companies move forward in several energy markets, including offshore wind and upstream oil and gas, via the co-development of multiple innovative products and services.
Read the full release on Proserv’s website
New opportunities in MV market with ITL
Our new partnership with Instrument Transformers Limited (ITL) will open up new market opportunities for both companies.
The partnership has been formed in response to changing customer demand as the power industry adapts to the challenges presented by decarbonisation and decentralisation. By marketing Synaptec’s unique photonic sensing technology alongside ITL’s transformer & transducer products, ITL’s customers will now be able to access complete software and hardware solutions to meet these challenges.
Founded in 1973, ITL manufactures bespoke current and voltage transformer solutions for electrical switchgear manufacturers and electricity utilities worldwide. The inclusion of Synaptec’s sensor technology within ITL’s current transducers brings new market opportunities for both companies; for Synaptec the medium voltage market and for ITL the high voltage market.
Saul Matthews, Commercial Director at Synaptec, said:
“This development of our existing relationship with ITL marks an important milestone for both businesses at a time when the power sector is undergoing the biggest transformation we’ll see in our lifetimes. ITL’s long standing and trusted supplier status makes them the ideal partner to help their customers embrace new instrumentation technologies with confidence. Together we will help with automation of condition monitoring, improved wide area protection schemes and optimised asset management costs,
ITL’s Managing Director, Ray Porrelli, said:
“This is a unique opportunity to expand our scope of service to the MV and HV power sector in partnership with Synaptec who have developed highly sophisticated technology for use in the measurement, protection and control of plant and equipment. Using completely passive sensor technology married with traditional current and voltage transformers in a novel way allows informed visibility for effective and efficient control of a power network with time-critical protection and control, real-time monitoring and trend analysis for asset management. All of which helps minimise service interruptions extends the life of an asset and provides a higher return on investment.”
Typically, protection transformers are more difficult to design and this bespoke element is where the synergy with Synaptec lies – both companies build their systems according to customer requirements and for ITL the inclusion of Synaptec’s technology opens up the opportunity for growth into a new market.