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Power Grids


IVADO and Hitachi ABB Power Grids Form Strategic Collaboration to Develop Digital Solutions for 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…


ABB wins $30 million power equipment order to bolster Germany’s renewable energy integration

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…


Leadership Shakeup at ABB Amid Power Grids Business Overhaul

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…


Hitachi Acquires ABB Power Grids Business in $11 Billion Deal

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…