ABB
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Business
Hitachi Absorbs ABB Power Grids in New $10B Joint Venture
Hitachi on July 1 commandeered a majority share of ABB’s lucrative Power Grids business and officially launched a joint venture company—Hitachi ABB Power Grids. The new company, which already has a volume of about $10 billion, is expected to provide financial muscle to support ambitious projects and new business opportunities as the sector embraces decentralization […]
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Technology
Big Data: The New Age of ‘Fortune Telling’ Requires Human Collaboration More Than Ever
Ancient Chinese fortune tellers used heated metal pokers to create cracks in bones or empty turtle shells. By reading the patterns in the cracks, they attempted to calm the unease that comes with the innate uncertainty of the world—especially the ancient world. They predicted the future and doled out advice that affected the fate and […]
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Press Releases
PowerCell signs MoU with ABB Power Grids regarding stationary fuel cell power solutions
PowerCell Sweden AB has signed a memorandum of understanding with ABB Power Grids regarding a collaboration around fuel cell-based zero emissions stationary power solutions. The aim of the cooperation is to leverage the companies’ existing technologies to jointly develop a complete solution for the market. A final agreement is expected to be reached within approximately […]
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News
Offshore Wind Finding Direction in U.S.
Europe has a big head start globally when it comes to generating power from offshore wind installations. The U.S. has lagged due to a variety of factors, including the need to work through regulatory issues
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Business
MHPS Will Rebrand as ‘Mitsubishi Power’
Flagship power plant and equipment firm Mitsubishi Hitachi Power Systems (MHPS) plans to change its name to “Mitsubishi Power” once it receives approval from antitrust authorities in several countries. The rebrand announced by the Yokohama, Japan–headquartered MHPS on April 24 will reflect a change in ownership announced in December, when Japanese technology conglomerate Hitachi said […]
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Connected Plant
ABB accelerates remote connectivity for customer operations during COVID-19 crisis
Company expedites rollout of and access to remote service tools and digital solutions across critical industry “During the COVID-19 crisis, governments and companies are having to make difficult choices, balancing people’s safety with economic livelihood. ABB is committed to supporting both: protect people, while helping businesses to stay operational during these challenging times,” said Peter […]
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News
Electrification: Too Much of a Good Thing?
Electrification has been a much-touted driver for the global energy transition toward decarbonization. But though an all-electric future could have vast implications for the power and gas sectors, achieving it
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Hydro
Hydropower: Meeting Growing Needs with Improved Reliability and Efficiency
Hydropower delivers a range of benefits to society and the environment. However, there are two major challenges that face hydroelectric power plant operators—efficient use of water and high availability. To
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Press Releases
ABB wins digital service contract to increase offshore wind reliability
ABB has won a 10.6 million euro order for ABB Ability™ digital products and services at DolWin5 (Epsilon), which will support Germany’s energy transition through reliable delivery of enough renewable energy to power about one million homes. ABB will enable the reliability, safety and security of the energy transmission from DolWin5 (Epsilon) by providing a […]
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Connected Plant
Show Preview – Connected Plant Conference
The Connected Plant Conference allows for interaction with the industry’s early adopters. Attendees will meet generators who are using the latest connected plant tools. The speaker lineup (Figure 1) provides