The collaboration aims at leveraging both expertise in their respective fields to develop the regional power infrastructure with complementary technology, know-how and experience, while promoting a culture of innovation. ABB, the global market leader in HVDC, and GCCIA, the main authority granting efficient power systems in the region, will work together to address today’s energy challenges through efficient, expandable and stable interconnection, while reducing the environmental impact and contributing to the economic development the of region.
ABB (ABBN: SIX Swiss Ex) is a technology leader that is driving the digital transformation of industries. With a history of innovation spanning more than 130 years, ABB has four customer-focused, globally leading businesses: Electrification, Industrial Automation, Motion, and Robotics & Discrete Automation, supported by the ABB Ability™ digital platform. ABB’s Power Grids business will be divested to Hitachi in 2020. ABB operates in more than 100 countries with about 147,000 employees. www.abb.com
The Gulf Cooperation Council Interconnection Authority, serve the GCC countries and beyond, by leading the development of an efficient power market, and providing knowledge excellence in power systems integration while promoting a culture of innovation. The GCCIA operate & maintain a large electrical grid system interconnection spanning between the GCC states. The GCCIA allow power exchanges in the region & ensure reliability of the Grid acting as an emergency power provider in the region.