#ABB

Switzerland, Zurich: ABB and Cavotec have signed a Memorandum of Understanding to jointly offer shore-to-ship power solutions to global ports markets, boosting “green ports”.

Last year ABB CEO Urlich Spiesshofer earned $9.4 million, as his executive salary rose by 20%. Now his and other executive salaries will become a topic of discussion at the next week’s Annual General Meeting.

Switzerland, Zurich: ABB will supply the complete integrated electrical and automation system for an experimental electro mechanic module Mo.S.E. in Venice, Italy, which is a flood barrier system designed to block the high tides and storm surges that enter the Venetian Lagoon.

ABB’s second-biggest shareholder, Swedish investment company Cevian, has hired Boston Consulting Group to study a potential break-up of the Swiss engineering group, turning up the pressure for a revamp of the company, reports Manager Magazin.

Switzerland, Zurich: ABB has been selected to participate in the FITNESS (“Future Intelligent Transmission NEtworkSubStation”) project of SP Energy Networks, a UK-based electricity transmission and distribution network operator, to provide a digital substation scheme to protect, monitor and control the transmission network in parts of Scotland.

Poland, Lodz: ABB will expand the capacity and scope of its transformer production facilities in Lodz, Poland in 2016.

Switzerland, Zurich: ABB has received an order worth around $140 million from transmission system operators Energinet.dk in Denmark and 50Hertz Transmission in Germany to design, supply and install an HVDC (high voltage direct current) converter station in Bentwisch, Northern Germany.

Finland: Finland’s first commercial offshore wind farm, the €120-million ($132 million) 40 MW Tahkoluoto project in the Gulf of Bothnia, in the north of the Baltic Sea, west of Finland, will be custom-designed and built to withstand the local icy conditions.

Switzerland, Zurich: ABB has won an order worth around $100 million from Mass Global Holding to deliver a gas-insulated switchgear (GIS) substation that will help integrate 3,000 MW of electricity generated by a combined cycle power plant, utilizing Iraq’s natural gas resources.

Switzerland, Zurich: ABB has won an order from SP PowerGrid to supply four 66 kV gas-insulated switchgear (GIS) substations for the city-state of Singapore, the manufacturer states in the press release.

Switzerland, Zurich: ABB has commissioned and handed over the LitPol Link, a high-voltage direct current (HVDC) link connecting the power grids of Lithuania and Poland, to the Lithuanian transmission system operator Litgrid.

Switzerland, Zurich: ABB has nominated four new members for election to its Board of Directors, aiming to strengthen its expertise in areas related to the shift in the centre of gravity of the company’s activities.

Switzerland, Zurich: ABB will supply a substation for the Shams Ma’an photovoltaic project, the largest of its kind in Jordan, which will help the country reach renewable targets of 10 percent of its energy mix by 2020.

India, Bangalore: ABB India Limited has announced appointment of Sanjeev Sharma as the Managing Director, with effect from January 1, 2016.

Switzerland, Zurich; ABB will supply a complete distribution substation solution to the European Spallation Source (ESS) research centre being constructed in Lund, Sweden, which will be a facility for materials research using neutrons.

Ireland, Dublin: Research and Markets has announced the addition of the “Power Transformer Market by Rating, by Type of Cooling Method & Region – Global Trends & Forecasts to 2020” report to their offering.

USA, New York: Future Market Insights has announced the addition of the “Medium Voltage Transformers Market: Global Industry Analysis and Opportunity Assessment 2015-2025″ report to their offering.

USA, North Carolina: ABB has officially launched a new initiative that will support electrical utilities in the United States and address U.S. Department of Energy (DOE) concerns around physical security for the power grid’s most critical transmission and distribution substations and transformers.

Dubai Electricity & Water Authority (DEWA) has placed over $60 million orders with ABB for the supply of three turnkey substation solutions for residential and industrial areas in Dubai, as part of UAE’s efforts to strengthen power infrastructure.

ABB’s biggest shareholder investor AB raised its stake to 10.03 percent, continuing to steadily increase its holding in the Swiss engineering group.

India, Vadodara: ABB India rolled out the first 800 kV converter transformer manufactured at their Vadodara facility in the state of Gujarat for the ultra-high voltage direct current (UHVDC) transmission link.

Sweden, Piteå: After the management announced the decision to close ABB Composites plant in Piteå, Sweden, the notice to lay off employees has been withdrawn, as well as the plans to move the production to Poland.

Switzerland, Zurich: ABB has won orders worth over $300 million for critical power technologies to enable two new ultra-high-voltage direct current (UHVDC) power transmission links.

Japan, Tokyo: Hitachi, Ltd. and ABB have announced the completion of the process to establish a joint venture company, Hitachi ABB HVDC Technologies, Ltd., for high-voltage direct current (HVDC) transmission in Japan.

Australia, Perth: ABB has celebrated 60 years of transformer manufacturing in Western Australia at its Malaga factory.

Switzerland, Zurich: ABB has won orders worth $23 million from Power Grid Corporation of India to supply 765 kV ultra-high voltage power transformers for substations in the northern Indian states of Uttarakhand and Uttar Pradesh.

Switzerland, Zurich: ABB will deliver an integrated power and automation solution for Fibria’s new pulp mill in Mato Grosso do Sul, Brazil.

Sweden, Dalarna: Last week the King of Sweden Carl XVI Gustaf visited ABB in Ludvika in Dalarna County of Sweden, in conjunction with the Royal Swedish Academy of Engineering Sciences (IVA) trip to the cities of Ludvika and Västerås.