News
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Group press release
ABB to acquire power electronics business of Gamesa Electric
ABB announced today it has signed an agreement to acquire the power electronics business of Gamesa Electric in Spain from Siemens Gamesa to strengthen ABB’s position in the growing market for high-powered renewable power conversion technology. The acquisition will significantly expand ABB’s existing power conversion product and service offering to renewables OEMs and end users, with new portfolio
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Pressemitteilung
Aker Solutions vergibt Auftrag fürOffshoreWindprojekt in Grossbritannien an ABB
Aker Solutions hat ABB einen Front-end-Engineering-and-Design-Auftrag für das schwimmende 560-MW-Offshore-Windprojekt Green Volt in Grossbritannien erteilt, das von Vårgrønn und Flotation Energy geleitet wird. Green Volt, 80 Kilometer vor der Küste von Peterhead im Nordosten Schottlands gelegen, soll Europas erster schwimmender Windpark in kommerziellem Massstab werden und die Dekarbonisierung des
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Group press release
ABB completes second investment in edge-to-cloud solution provider Pratexo
ABB has completed a second strategic investment in US-based technology company Pratexo, an edge-to-cloud software solution provider. The deepening collaboration between both organizations comes as companies continue to shift from centralized cloud to edge computing and hybrid edge-to-cloud solutions for better operational technology management. Financial details of the investment were not
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Event
Celebrate Pakistan Independence Day 2024 by planting a tree!
This August 14, 2024, ABB Pakistan marked Pakistan’s Independence Day in a unique way with the “Plant a Tree” campaign. Designed to promote environmental stewardship and foster community engagement, this initiative aims to combat deforestation and climate change while celebrating the beauty of Pakistan’s natural heritage. With urban areas expanding rapidly, and green spaces diminishing, it
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Group press release
ABB opens new $100 million campus in Wisconsin
ABB today began the phased opening of a new $100 million campus in New Berlin, Wisconsin to increase U.S. production capacity of industrial electric drives and service to fully meet Build America Buy America Act (BABAA) requirements. ABB employees, elected officials, education leaders, and media gathered for a ribbon cutting event to mark the first phase opening of the campus. “ABB is a technology
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Group press release
Q3 2024 results
Order growth and record level margin
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Press release
ABB launches groundbreaking Ultra Accuracy for GoFa™ cobots
ABB Robotics today launched Ultra Accuracy, a new industry-leading feature for its GoFa cobot family that delivers the highest level of precision available in cobots, enabling over 10 times greater path accuracy vs. other cobots on the market. With its superior performance, Ultra Accuracy meets the demands of applications where exact positioning is crucial for maintaining product quality and
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Press release
ABB launches new digital tool to further maximize uptime of gearless mill drives in mineral processing
ABB has developed a new tool within its ABB Ability™ Predictive Maintenance for Grinding (PMG) platform, designed to make troubleshooting and diagnostics in mineral processing faster and more efficient than ever before. Traditionally, troubleshooting for grinding technology has required the onsite presence of an engineer or a direct remote access to the plant to identify the source of problems.
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Group press release
ABB to acquire Födisch Group strengthening global leadership in continuous emission monitoring
ABB today announced that it has signed an agreement to acquire Födisch Group, a leading developer of advanced measurement and analytical solutions for the energy and industrial sectors. The acquisition enhances ABB’s offering in continuous emission monitoring systems (CEMS) and bolsters its competitiveness in technology and innovation. Through the acquisition, ABB will widen its portfolio to meet
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Press release
ABB technology automates giant solar energy farm in Abu Dhabi
The Al Dhafra PV2 Solar project in Abu Dhabi – for which ABB supplies automation and optimization power generation solutions – is now exporting 100 percent of its designed capacity onto the grid. Covering an area of 20 square km in the Al Dhafra region, located around 30 km south of Abu Dhabi City, the 2 GW plant uses four million solar modules to generate enough electricity for 200,000 homes
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Group press release
Q2 2024 results
Solid demand; record-high Operational EBITA margin
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Group press release
ABB investing $35 million in new U.K. earthing and lightning protection factory
Lightning strikes and electrical surges disrupt critical operations and cause billions of dollars in damage to structures and equipment each year. With growing reliance on electronics and data centers, ABB is investing more than $35 million (£27 million), in a greenfield facility in Nottingham, United Kingdom, to meet increased demand for Furse® earthing and lightning protection solutions. The new
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Group press release
ABB files to voluntarily deregister and suspend SEC reporting obligations
On May 23, 2023, ABB delisted its American Depositary Receipts (ADRs) from the New York Stock Exchange. In the period between June 1, 2023, and May 31, 2024, the 12-month US Average Daily Trading Volume (ADTV) in ABB’s ADRs has fallen to below 5 percent of the ADTV worldwide. ABB now meets the requirements to apply to deregister and terminate the reporting obligations for its debt and equity
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Group press release
ABB's integrated technology will stabilize the power grid as Spanish islands transition to green energy
Red Eléctrica, the Redeia company responsible for the transmission and operation of the Spanish electricity system (TSO), has awarded ABB four orders for synchronous condensers (also known as synchronous compensators or SC) to strengthen the electricity grid, increase the quality of supply and boost the energy transition of the Canary and Balearic Islands. The integrated solution, which also
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Group press release
ABB launches next-generation Robotics control platform OmniCore
Today, ABB Robotics launched OmniCore™, an intelligent automation platform that is faster, more precise and more sustainable, to empower, enhance and futureproof businesses. The OmniCore platform, the result of more than $170 million of investment in next generation robotics, is a step change to a modular and futureproof control architecture that will enable the full integration of AI, sensor,
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Group press release
ABB appoints new Business Area Presidents
ABB today announced the appointment of Giampiero Frisio as the new President of its Electrification Business Area and Brandon Spencer as the new President of its Motion Business Area. Both will take over their new roles and join ABB’s Executive Committee on August 1, 2024. ABB CEO Björn Rosengren said: “Both Giampiero and Brandon are proven leaders with strong track records in their current roles
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Group press release
ABB expands electrification portfolio with acquisition of Siemens’ Wiring Accessories business in China
• Advances ABB’s leadership position in the wiring accessories market • Gains access to an expansive distributor network to support growth ABB announced today it has signed an agreement to acquire Siemens' Wiring Accessories business in China. The acquisition will broaden ABB’s market reach and complement its regional customer offering within smart buildings. The offering ABB is
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Group press release
ABB invests in Ndustrial to accelerate decarbonization through AI-powered energy management technologies
ABB today announced a minority investment in Ndustrial, a US-based clean technology startup that has developed a leading-edge, AI-powered energy management platform. This innovative technology enables smarter, production-aware energy decisions in real time, helping customers reduce operating costs, optimize energy consumption and accelerate decarbonization. The investment was made through ABB
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