ABB
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Press Releases
Connected Plant Conference Show Preview
The Connected Plant Conference is a forum designed for professionals in the power generation and chemical process industries who are leading digital adoption at all stages. Sessions are tailored to offer
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Gas
Efficiency Improvements Mark Advances in Gas Turbines
Engineers from several companies have worked on upgrades to the technology, including designs that emphasize faster starts, quicker ramp-ups, increased efficiency, and better performance in a tight global
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Press Releases
ABB wins alarm management service contract for Swedish power station
ABB’s global engineering and consulting group has been enlisted by utility giant E.ON to work on a green field energy plant in Sweden E.ON’s Swedish subsidiary has awarded a contract to ABB to ensure its new Combined Heat and Power (CHP) facility, on the outskirts of Stockholm, is set up to run efficiently and safely […]
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Connected Plant
Connected Plant Expert Offers Preview of Upcoming Conference [PODCAST]
The Connected Plant Conference will be held in Charlotte, N.C., February 26–28, 2018. The forum is designed for professionals in the power generation and chemical process industries who are leading digital adoption at all stages. Sessions are tailored to offer actionable information and strategies to maximize the use of data, analytics, and related technology to drive efficiency improvements, […]
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Renewables
GE Cutting 12,000 Jobs in Power Division
General Electric (GE) said December 7 it will cut 12,000 jobs in its power unit as the company continues to struggle with changes in the global power market. The company in a statement said the staff reductions will save $1 billion in 2018. “Traditional power markets including gas and coal have softened,” the company said, […]
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IIOT Power
Emerson Offers New $29B Bid to Take Over Rockwell Automation
Global technology and engineering giant Emerson renewed its bid for a $29 billion takeover of Rockwell Automation, the world’s largest dedicated industrial automation firm, saying it remained “convinced” a merger of the companies offered “compelling strategic, operational, and financial merit.” Emerson Chairman and CEO David Farr on November 16 sent Rockwell’s president and CEO, Blake […]
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Press Releases
ABB wins $130 million power order in the UK
ABB has won an order of around $130 million (£99 million) to build the power transmission infrastructure for EDF Energy’s new Hinkley Point C power plant in Somerset. This will be the UK’s first new nuclear power plant to be built for a generation and will provide 7 per cent of the country’s electricity from […]
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Water
GE Power Sells Lucrative Water & Process Technologies Division to SUEZ in $3.4B Deal
Less than a week after GE struck a $2.6 billion deal with ABB for GE’s electrification business, GE Power completed the $3.4 billion sale of its lucrative water and process technologies division to multinational water management firm SUEZ. The sale of GE Water & Process Technologies, a systems and services provider of water, wastewater and […]
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Business
ABB Acquiring GE Electrification Unit in $2.6 Billion Deal
Swiss engineering firm ABB has moved to expand its electrification business, especially in North America, with a $2.6 billion deal to acquire GE Industrial Solutions (GE IS). The move announced September 25 is the latest by GE to refocus its operations under new chief executive John L. Flannery, who replaced long-time GE CEO Jeffrey Immelt […]
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Press Releases
ABB to enable first digital substation in Poland
ABB has won an order from TAURON Dystrybucja SA, one of Poland’s leading power utilities, to upgrade its 110 kilovolt (kV) substation in Oborniki Śląskie, a town in south-western Poland. Once completed, this will be the first digital substation in Poland. The substation is at the heart of the power grid, distributing electricity to the […]
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