Utility Innovation Group

Utility Innovation Group is becoming increasingly important across global construction, infrastructure and industrial technology, influencing how projects are visualised, coordinated, delivered and managed over time.

Volvo Penta accelerating Electric Grid Innovation with Utility Innovation Group investment

Posted by Anthony Davis

|June 29, 2023

Volvo Penta accelerating Electric Grid Innovation with Utility Innovation Group investment

Volvo Penta has acquired a minority stake in Utility Innovation Group (UIG). The investment accelerates entry into the utility sector to further develop Volvo Penta’s bat...

Weekly Spot Prices - 21 Aug 2026

Indicative weekly spot prices for 60/70 grade. Actual delivered costs vary by packaging, logistics and duties.

Region	USD/tonne	Trend
Middle East · FOB (drums)	543	▲
Europe · Delivered	618	▲
Asia · Delivered (bulk)	598	▲
USA · Bulk	555	▼

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Utility Innovation Group

Volvo Penta accelerating Electric Grid Innovation with Utility Innovation Group investment

Utility Innovation Group

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