ZURICH, Aug 21 (Reuters) - Swiss engineering group ABB has developed technology that can double the power flow of underground cables, making it cheaper to integrate electricity into the grid from distant offshore wind farms.
ABB (NYSE: ABB ) has successfully developed a 525 kilovolt high-voltage direct current cable, which will make renewable energy installations more efficient and cost-effective. The new cable is now the world's most powerful underground
ABB (NYSE: ABB ) agrees to sell its Full Service business unit to private equity firm Nordic Capital, in ..... 1B," says CEO Ulrich Spiesshofer. The sale is expected to close in the fourth quarter. ABB -1% premarket Post your comment!
ZURICH, Aug 20 (Reuters) - Swiss engineering company ABB said on Wednesday it had agreed to sell its Full Service business unit to private equity company Nordic Capital for an undisclosed amount, the latest in a string of divestments of its non-core operations.
ABB ( ABB +0.5% ) has developed new switchgear technology that deploys a substitute gas mixture instead sulfur hexafluoride (SF6). Switchgears are used to control, protect and isolate electrical equipment. The new gas mixture has potential
ABB ( ABB -0.3% ) has completed the sale of its Meyer Steel Structures business to Trinity Industries ( TRN +2.1% ). The deal, announced on June 27, closed yesterday for $600M in an all-cash transaction. The company divested the business
agency) MOSCOW, August 15 (Fitch) Fitch Ratings has affirmed the Long-term Issuer Default Ratings (IDRs) of Ak Bars Bank ( ABB ) and Almazergienbank (AEB) at 'BB-' and Krayinvestbank (KIB) at 'B'. The Outlooks are Stable. A full list of rating
ABB ( ABB +0.5% ) is capitalizing on hydropower demand in India, and will now support a new underground hydropower plant in Sikkim, a small Indian state in the Eastern Himalayas. The company will connect the power plant to the main national
ABB (NYSE: ABB ) has agreed to acquire Spirit IT to increase its liquid flow measurement ..... its oil and gas business. "The addition of Spirit IT’s products to ABB ’s Measurement Products portfolio will enable us to offer a more comprehensive
Swiss automation and power technologies conglomerate ABB (NYSE: ABB ) managed to avoid another major quarterly sell-off ..... and stronger orders. Looking through the line-items, ABB still has a lot of work to do in its Power Systems business