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Eaton is supporting Endurant Energy in deploying 10 battery storage projects in New York City, with a total capacity exceeding 150MWh. These clean energy projects aim to enhance power reliability and grid strength, providing load relief during peak demand. Eaton's assistance includes system design, power studies, and equipment provision for safe grid interconnection, promoting a more sustainable and resilient electric future in NYC.
Eaton highlighted its commitment to cybersecurity training at the White House Cyber Workforce event, showcasing efforts to strengthen the talent pipeline with education programs and investments in manufacturing. The company collaborates with universities, contributes to cybersecurity research, and ensures product safety standards. The press release emphasizes the growing need for skilled cybersecurity professionals and Eaton's proactive approach to addressing this demand.
Eaton plc (NYSE:ETN) reported record first quarter results in 2024. Earnings per share were $2.04, with a 28% increase over 2023. Sales reached $5.9 billion, up 8% organically. Segment margins were 23.1%, a first quarter record. Full year guidance was raised for organic growth, segment margins, and earnings per share. The company anticipates strong growth in Electrical and Aerospace segments.
