ABB has committed CHF 20 million in private funding to support Switzerland’s 2038 Winter Olympics bid as a “flag bearer,” helping secure the project’s financial stability The bid’s innovative approach features a decentralized format with event locations spread across Switzerland’s diverse regions ABB has stepped forward as a key financial backer in Switzerland’s 2038 Olympic […]

Reinforces ABB’s automation solutions for maritime clients Builds on ABB’s core automation strengths with a scalable platform deployed on 600+ ships ABB has revealed a strategic move today, finalizing an agreement to purchase Høglund AS, a Norwegian marine automation leader based in Tønsberg. This acquisition will bolster ABB’s current automation portfolio for maritime customers while […]

The 100 MW Powerica project heralds India’s introduction of GE Vernova’s 3.8 MW–154m turbine, engineered for durability and scalability in diverse wind conditions The turbines will be produced at GE Vernova’s Pune manufacturing hub, emphasizing localized production with efficiency and high standards The company has also secured a spot on India’s Approved List of Models […]

Germany’s wind energy landscape is undergoing rapid transformation, creating both opportunities and challenges for developers. Navigating complex auction tariff systems and shifting regulatory frameworks requires exceptional precision. While recent planning reforms have accelerated permitting processes, auction volumes have often fallen short of expectations. This dynamic environment demands meticulous coordination and a business model centered on […]

Purchase will allow ABB’s Motion business unit to integrate specialized transformers into its current motors and drives portfolio, enhancing powertrain optimization Strengthens ABB’s market position and supply chain robustness amid surging global electricity consumption through integrated internal solutions Specialized transformers encompass converter and rectifier models tailored for motor-driven and non-motor industrial applications ABB has entered […]

European investments aim to boost manufacturing output of medium-voltage systems for electricity distribution Key projects feature a $100 million Italian facility and upgrades in Bulgaria, Finland, Germany, Norway, and Poland Program enhances production of SF₆-free medium-voltage switchgear and grid automation solutions for international markets ABB has revealed plans to allocate approximately $200 million toward enhancing […]