Power Grids

Research initiatives to focus on the application of artificial intelligence (AI) and machine learning to the challenge of managing the transition to a carbon-neutral energy system Collaboration highlights the growing importance of Quebec as a center of AI research and development Montréal, 9 September 2021 – Montreal’s Institute for data valorization (IVADO) today announced a […]

ABB has won an order worth around $30 million from Amprion GmbH, a German transmission grid operator that provides electricity to more than 29 million people, from the Alps in South of Germany to Lower Saxony, to supply phase-shifting transformers (PSTs) that will optimize power flow in the German electricity network and help in the […]

Only months after ABB announced Hitachi would acquire a majority stake in its flagship power grids business for $11 billion, the company’s board of directors ousted CEO Ulrich Spiesshofer and officially launched a search for a new leader.  The Zurich-based technology giant said on April 17 that the board of directors and Spiesshofer “mutually agreed […]

Hitachi Ltd. and ABB on December 17 announced that Hitachi will acquire 80.1% of ABB’s Power Grids unit in an $11 billion deal. Reports of the possible acquisition surfaced December 16, with several media outlets including POWER  discussing the agreement, citing sources familiar with the deal who asked not to be identified. Hitachi plans to […]