#ABB


ABB awarded orders for India’s solar power projects

Switzerland, Zurich: ABB has won orders worth around $18 million to provide turnkey solution encompassing the design, supply, installation and commissioning of the power plant electrification and automation systems, the pooling stations and multiple substations for solar power plants being built as part of India’s push for solar energy and renewables.

ABB lowers targets, downsizes and regroups its power business

ABB has announced major reorganization of the company business into four divisions, with its entire power business grouped into a new Power Grids division. While the new strategy sets lower targets and implies further job cuts, the new management comes under pressure from shareholders to meet the set expectations.

Umeme seals deal with ABB to build new substation

Uganda, Kampala: Umeme Ltd., the largest electric utility in Uganda, has entered into an agreement with ABB Uganda Limited and Babcon Uganda Ltd to build a new 40 MVA medium volt substation at Kira Town Council, Namugongo.

Saudi Arabia to boost its power generation capacity by 50%

Saudi Arabia is boosting its power generation capacity from less than 60 GW to about 91 GW by 2020, and to more than double existing capacity over the longer term, looking to meet the rising demand resulting from economic growth in the country and the Gulf Cooperation Council (GCC) countries, primarily driven by oil and gas.

PGCIL awarded $28M substations upgrade contract to ABB

Switzerland, Zurich: ABB has won a $28 million order from PowerGrid Corporation of India Ltd (PGCIL) for the extension of two 765/400 kV GIS substations in Vadodara and Manesar, and the upgrade of the substation in Malerkotla from air-insulated switchgear (AIS) to GIS.

ABB wins $30 million transformer order in Norway

Switzerland, Zurich: ABB has won an order worth around $30 million from Norwegian transmission system operator Statnett SF to supply power transformers that will help increase the capacity of the country’s central power grid, bolstering its energy security and ability to transmit more renewable energy.

ABB wins $90 million in train equipment orders

Zurich, Switzerland, July 16, 2015 – ABB, has won orders worth around $90 million from Swiss train manufacturer Stadler Rail to enable sustainable high-speed, suburban and urban transit in Europe and in the United States. The orders were booked in the second quarter of 2015.

ABB wins $450 million order for Norway-UK HVDC interconnection

ABB, a global power and automation technology leader, has won an order worth about $450 million to link the power grids of the United Kingdom and Norway, increasing security of power supply for both countries and supporting the integration of more renewable wind and hydroelectric power into their networks.

RTE France places &25M transformer order with ABB

Switzerland, Zurich: The electrical transmission system operator RTE France has awarded ABB a contract worth around $25 million for the supply of transformer products and services for the ongoing offshore wind power projects that will help boost France’s renewable energy supply.

A new portal for energy efficiency in transformers launched

Switzerland, Zurich: As EU EcoDesign regulation has taken force, setting minimum energy performance levels for transformers, ABB has launched a web portal providing information related to transformer efficiency in order to help utilities and industries achieve their energy efficiency goals.

ZTR manufactures new type of shunt reactor for ABB Poland

Ukraine, Zaporozhye: Zaporozhtransformator (ZTR) has signed a new contract with АВВ Poland for the supply of a unique three-phase controlled shunt reactor 67/28.9 MVAr, 110 kV, equipped with an on-load tap changer.

ABB wins $85 million substation order in Qatar

Switzerland, Zurich: ABB has been awarded a contract worth around $85 million in Qatar to provide turnkey substations to help integrate electricity from a new independent water and power plant (IWPP) into the country’s grid.

ABB plans cuts at its Brilon dry transformer plant

Germany, Brilon: ABB is planning to cut up to 60 jobs at its transformer plant in Brilon, Germany and move part of its production to Poland, according to the German daily Westfalenpost.

Cevian Capital increases ownership of ABB

Switzerland, Zurich: Cevian Capital II GP Limited, an international investment company, has further increased its stake in ABB, having purchased more shares on 22 June, according to its disclosure notice.

ABB to extend solar park substation in Dubai

Switzerland, Zurich: ABB has won an order worth around $20 million from Dubai Electricity & Water Authority (DEWA) to extend a substation at the Mohammed bin Rashid Al Maktoum solar park that will integrate more solar energy into the grid.

ABB to supply transformers for new UK wind farm

Switzerland, Zurich: ABB has won an order to provide substations and related power infrastructure for the Rampion Offshore Wind Farm situated off the Sussex coast, as well as the onshore substation to efficiently integrate the new wind farm into the country’s transmission grid.

ABB bags traction transformer order from Stadler Rail

Switzerland, Zurich: ABB has received orders worth $85 million from Swiss train manufacturer Stadler Rail to supply traction equipment for projects to expand public rail networks in Switzerland, Luxembourg, and the Netherlands.