Search results for: ABB

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  • 22 October 2012
    Business & Finance

    ABB, the leading power and automation technology group, has announced that Michel Demaré will step down as ABB’s Chief Financial Officer and member of the Executive Committee. He has been appointed as the new Chairman of the Board of Syngenta beginning in April 2013 and will in the future focus on his various Board roles. […]

  • 27 April 2012
    Business & Finance, Wind Farm Update

    According to the Financial Times Deutschland, Swiss engineering compay  ABB is expecting its offshore wind projects to advance as planned, without  delays. Peter Terwiesch, head of ABB in Germany, said that profit margins for the projects are in a “normal development corridor.” Contrary to Siemens whose power-transmission unit reported a loss of EUR 169 million […]

  • 16 February 2011

    ABB, the leading power and automation technology group, has signed a cooperation agreement with Canyon Offshore for trenching services to support ABB’s subsea high-voltage cable installation projects. “Subsea cables are increasingly being deployed for interconnections and offshore wind integration projects,” said Martin Gross, head of ABB’s Grid Systems business, within the Power Systems division. “This […]

  • 21 September 2016
    Business & Finance, Grid Connection, Technology

    NKT has decided to split the Holding company into two separately listed companies, with the timing of this decision being linked to NKT Cables’ acquisition of ABB’s high-voltage cables business. NKT is the active and long-term owner of three industrial businesses including Nilfisk, NKT Cables, and NKT Photonics. With the acquisition of ABB’s high voltage […]

  • 28 October 2014
    Business & Finance, Grid Connection, Technology, Wind Farm Update

    ABB has won a significant order from the Dutch-German transmission grid operator TenneT to design, engineer, supply and install an Alternating Current (AC) power transmission cable system that will connect Butendiek, an offshore wind farm in the German North Sea, to the HVDC (high voltage direct current) converter platform SylWin alpha. The cable will link […]

  • 21 September 2011

      ABB, the leading power and automation technology group, announced a CHF 850 million bond transaction consisting of two tranches: CHF 500 million 1.25% Notes due 2016 CHF 350 million 2.25% Notes due 2021 The net proceeds of the issue will be used for general corporate purposes which may include the refinancing or repayment of […]

  • 11 April 2014
    Authorities, Grid Connection, Technology

    On her visit to Germany’s Hannover Messe 2014, Chancellor Angela Merkel got a glimpse of ABB’s new hybrid HVDC (high-voltage direct current) circuit breaker, a critical technology in enabling the transition to renewable energy. “Let’s get started with building the new power grid!” Merkel told ABB CEO Ulrich Spiesshofer, who was briefing her on how […]

  • 23 May 2011

      ABB, the leading power and automation technology group, today announced the introduction of a new DC (direct current) electrical system for marine applications. The new system is part of a revival of power solutions using DC electricity, and will provide highly efficient power distribution and electric propulsion for a wide range of vessels. It […]

  • 11 July 2011
    Operations & Maintenance

      ABB, the leading power and automation technology group, has agreed to acquire the Trasfor Group to expand its offering of specialty transformers and address fast growing markets and applications. Trasfor is a leading manufacturer of dry-type transformers and inductors for low-voltage and medium-voltage applications. It provides specialty products for drives, railway rolling stock, offshore […]

  • 17 June 2013
    Business & Finance

    The Board of ABB has unanimously appointed Ulrich Spiesshofer, the head of its Discrete Automation and Motion (DM) division, as Chief Executive Officer. He will succeed Joe Hogan in this role in an orderly transition on September 15, 2013. Hogan will continue with ABB for some months as Senior Advisor to the Board. Spiesshofer joined […]

  • 10 May 2013

    ABB Chief Executive Officer Joe Hogan has decided to leave ABB for private reasons. A date for his departure has not yet been decided. Hogan will continue to lead ABB until a successor is announced. He is committed to a smooth transition. “Joe is a great and successful CEO and has done a remarkable job […]

  • 3 April 2014
    Authorities, Business & Finance, Grid Connection

    ABB confirmed yesterday that it has been named in a European Commission ruling on anti-competitive practices in the power cable industry. ABB’s fine was waived because the company received full immunity for voluntarily disclosing these practices to the European Commission. The information provided by the company enabled the Commission to conduct an investigation resulting in […]

  • 5 February 2014
    Business & Finance, Technology

    ABB, which has over 30 years of wind power experience, released a video that shows its wind power solutions.  The company says that it delivers wind economy in every wind energy project it is involved in. ABB developed the world’s first circuit breaker for high voltage direct current (HVDC), which brought the company to be […]

  • 7 March 2012

    ABB, the leading power and automation technology group, has won an order worth around $15 million from E.ON UK, to supply the power export cables for the Humber Gateway offshore wind farm. ABB will design and supply 2×14 kilometer (km) circuits of 132 kilovolts (kV) three-core AC submarine cable, with integrated fiber optics, to connect […]

  • 5 March 2012

    Inocean, a leading Norwegian naval architect company, has signed an agreement with ABB, to set up an engineering services joint venture specializing in offshore wind integration projects. ABB will have a majority shareholding in the new entity, ABB Inocean AB which will be located in Gothenburg, Sweden, a region with a shipbuilding history and recognized […]

  • 26 July 2013

    ABB, the leading power and automation technology group, and Power-One, Inc., a leading provider of renewable energy and of energy-efficient power conversion and power management solutions, confirmed that ABB has completed its previously announced acquisition of Power-One. The transaction positions ABB as a leading global supplier of solar inverters, which play a critical role in […]

  • 12 August 2013

    The Swedish port of Karlskrona is the home to the ABB High Voltage cables division. This is where HVDC and HVAC cables for the offshore industry are designed and produced since mid of last century. Today the infield and the export cables for offshore wind farms are part of the portfolio. The offshore cable installation works are also coordinated from […]

  • 18 September 2015

    ABB has ordered the an advanced cable-laying vessel to boost the capacity of its submarine cable operations while achieving greater efficiency and precision, the company reported today. The new ship will be custom-built to ABB specifications and measure approximately 140 by 30 meters, will be constructed at Kleven shipyard in Norway. Delivery is expected in 2017. […]

  • 26 February 2013

    MIT Technology Review, the official science and technology journal of the Massachusetts Institute of Technology (MIT), named ABB to its 2013 list of top 50 global innovators. ABB, the leading power and automation technology group, was cited for a technology breakthrough in 2012 that solved a 100-year-old electrical engineering puzzle and paved the way for […]

  • 17 September 2013
    Grid Connection

    ABB, the leading power and automation technology group, has successfully commissioned the subsea transmission link connecting one of the largest offshore wind farms in Europe to the Belgian grid. The Thornton Bank project, executed for the Belgian company C-Power NV was completed on schedule. The transmission link was constructed as part of an expansion of […]

  • 26 June 2019
    Contracts & Tenders, Grid Connection, Wind Farm Update

    ABB has won an order from MHI Vestas Offshore Wind to supply its WindSTAR transformers for installation in wind turbines on the 950MW Moray East wind farm offshore Scotland. Under the project, 100 transformers manufactured in ABB’s transformer factory in Vaasa, Finland, will be supplied for Moray Offshore Renewable Power’s Moray East offshore wind project. […]

  • 8 December 2011
    Grid Connection

    ABB, the leading power and automation technology group, will invest over $ 400 million to double the capacity of its high-voltage cables manufacturing facility in Karlskrona, Sweden, to meet growing demand for subsea cables. The investment plan includes construction of new buildings and installation of additional manufacturing lines at the existing plant. The expansion will […]

  • 27 August 2014
    Grid Connection, Technology

    ABB, the leading power and automation technology group, has successfully developed all major equipment required for the deployment of 1,100 kilovolt (kV) UHVDC power transmission systems. This advance in technology enhances power transfer capacity to 10,000 megawatts (MW) and extends the distance capability of such links to over 3,000 kilometers (km).  Higher voltage levels allow […]

  • 5 March 2020
    Grid Connection, Technology

    ABB has won a EUR 10.6 million order for ABB Ability™ digital products and services at TenneT’ DolWin5 (Epsilon) grid connection in the German North Sea. Under the order, ABB will provide a system for IT infrastructure, OT1 security, plant-wide condition monitoring, SCADA2, and remote access services to facilitate stable power transmission to the German […]

  • 23 August 2011
    Operations & Maintenance, Wind Farm Update

      ABB, the leading power and automation technology group, has won orders worth more than $30 million to supply frequency converters for the offshore wind park, Global Tech I, in Germany’s North Sea. The order was booked in the second quarter. ABB is supplying a range of medium-voltage frequency converters that are specifically designed for […]

  • 12 October 2011
    Grid Connection

    ABB, the wind industry’s leading power technology solutions provider, announced its full support for the emerging offshore wind market in North America at AWEA Offshore Windpower Expo, held this week at the Baltimore Convention Center. ABB is demonstrating several of its major technological breakthroughs at this week’s event, held October 11-13. These technologies include ABB’s […]