USA, California: According to a new study conducted by Grand View Research, Inc., the global power transformer market is expected to reach $ 18.55 billion by 2020 due to growing energy demand.
USA, New York: Tomorrow Daniel Assandri, CEO of ABB in Canada, will participate as a speaker at Sustainable Energy for All Forum (SE4ALL) at United Nations, New York City.
Switzerland, Zurich: ABB will provide a turnkey power and automation solution for the Lichterfelde combined heat and power (CHP) plant in Berlin, Germany owned and operated by Vattenfall.
Switzerland, Zurich: ABB won orders worth $ 20 million to supply electrical power and propulsion systems for two next generation offshore vessels built by Norway’s Ulstein Verft.
Switzerland, Zurich: ABB has announced it will equip the 900 MW Nant de Drance pumped-storage plant in Valais with power transformers and six generator circuit breakers.
India: ABB India announced yesterday that it had a satisfactory first quarter due to higher order intake of power transformers and substations.
France, Levallois-Perret: Siemens AG stepped up plans for a bid for Alstom assets to counter General Electric Co., while ABB said it was closely following the bidding war.
Switzerland, Zurich: ABB built the most powerful converter station in the world in Germany which covers 25 % of the Deutsche Bahn’s electricity needs. The group had received this order worth € 80 million (approx. $ 110 million).
Switzerland, Zurich: ABB, the world’s largest maker of power transformers, reported first-quarter profit that missed the estimates.
USA, New Jersey: Bel Fuse Inc. announced it is set to acquire the Power-One Power Solutions business of ABB Ltd.
Switzerland, Zurich: ABB introduced a new Micropole transformer for small, isolated load applications to the US market. The Micropole distribution transformer is a single phase, pole mounted distribution transformer for 3 kVA or less.
Switzerland, Zurich: ABB announced the start of two major renewable substation EPC projects in the US involving wind and solar power.
India: Reportbuyer.com has added a new market research report Electrical Equipment Market in India 2014-2018.
Switzerland, Zurich: ABB has opened a new factory in Lodz, Poland, which will manufacture a range of transformer components.
Switzerland, Zurich: ABB has been awarded a $ 175 million contract to upgrade the power generation capacity at Zirku oil and gas processing facilities in the Gulf.
Russia, Novosibirsk: ABB has supplied four autotransformers for Novosibirsk HPP within the long-term programme of technical upgrade of JSC RusGidro facilities.
Switzerland, Zurich: ABB has won a $ 110 million order from the Saudi Electricity Company (SEC) to construct substations that will help boost transmission capacity in the country’s western region.
Switzerland, Zurich: ABB has won orders worth $ 45 million from Svenska kraftnät, the Swedish National Grid operator to strengthen Swedish power grid.
Switzerland, Zurich: ABB and its consortium partner UK Power Networks (UKPN) Services have been awarded a contract worth around $145 million by Network Rail to upgrade one of Britain’s oldest and busiest railways.
Switzerland, Zurich: ABB has won an order worth around $ 27 million from NTPC, India’s central power generation utility to supply generator transformers and shunt reactors for a greenfield 2 x 800 MW thermal power plant under construction at Garadwara.
Brazil: ABB inaugurated its fifth factory in Brazil as part of $200-million investment to expand ABB’s technology development and production capacity in order to serve increasing domestic power demand.
Switzerland, Zurich: ABB has won a power order from CCR (Companhia de Concessões Rodoviárias) Group to provide power for expanded metro lines in the Greater Salvador area, Brazil. CCR Group is one of the largest private infrastructure conglomerates in Latin America.
Switzerland, Zurich: ABB has won orders worth approximately $ 160 million from the Ministry of Electricity and Water (MEW) to construct substations that will help strengthen the country’s power grid and support its growing infrastructure.
According to their press release, ABB, has won a significant project from the Dutch-German transmission system operator TenneT to supply an AC power transmission link connecting Sandbank, an offshore wind farm in the German North Sea, to the HVDC converter station SylWin alpha.
Thomson Reuters recognised ABB, the leading power and automation technology group, as one of the world’s top 100 innovators, honoring ABB’s commitment to drive innovations, commercialization and intellectual property protection.
ABB announced they have signed an agreement to sell all assets of Baldor’s generator-set business to Generac Holdings Inc. (NYSE:GNRC, “Generac”) – a leading producer of generators and other engine-powered products with the headquarters in Waukesha, Wisconsin, the US. The terms of the transaction, expected to close in the fourth quarter of 2013, were not disclosed.