ABB

Top 10 Solar Inverter Companies in India

With growing economic activity and growth,  India’s power consumption too reached to 1,164 TWh till November 2019. That makes India  the third ranked country among the top ten electricity consuming countries globally, as per IEA data. This speed of economic development was aligned with clean energy and climate goals after India signed the Paris agreement […]

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Covid-19 Hurts ABB’s Q1 Results; Revenue Slips across Businesses

Tech giant ABB has reported a significant drop in its first-quarter results of 2020 as its net income declined by 30 percent to USD 376 million on the back of coronavirus pandemic. The company’s net income remained at USD 535 million during the same period a year ago, ABB said in a statement. Further, it’s […]

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ABB Completes Acquisition of Chinese EV Charging Provider Chargedot

ABB has announced that it has completed its acquisition of a majority stake in Chargedot Shanghai New Energy Technology Swiss-Swedish multinational corporation ABB has announced that it has completed its acquisition of a majority stake in Chargedot Shanghai New Energy Technology (Chargedot). Since its establishment in 2009, Shanghai-based Chargedot has made a significant contribution to […]

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ABB Successfully Completes Divestment of Solar Inverter Biz To FIMER

ABB, a technology leader driving the digital transformation of industries, on Monday said that it has completed the divestment of its solar inverter business to FIMER SpA, an Industrial equipment supplier in Italy. The Swiss-Swedish multinational corporation further said that, this transaction enabled it’s Electrification business to improve the focus of its business portfolio on […]

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Ashok Leyland, ABB Ink MoU in E-Mobility Space

Hinduja Group’s flagship firm Ashok Leyland entered into a Memorandum of Understanding (MoU) in the public e-mobility space with ABB Power Products and Systems India Ltd. Through this MoU, the two companies aimed to expand the eco-system for efficient and greener electric bus (e-bus) transportation systems in India. The motive behind the agreement was to […]

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Ryder, ABB & In-Charge Unveil EV Charging Solution for Fleet Operators

Ryder System, In-Charge Energy, and ABB have jointly announced a first-of-its-kind partnership to provide EV charging infrastructure for fleet operators Ryder System, a leader in commercial fleet management, dedicated transportation, and supply chain solutions, In-Charge Energy, a privately-held energy solutions company based in California, and ABB, a global technology leader in electrification, have jointly announced a first-of-its-kind partnership to provide nationwide […]

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ABB to Connect World’s Largest Offshore Wind Project to UK Grid

ABB has been selected to connect the world’s largest offshore wind farms in the Dogger Bank region to the UK transmission network. ABB has been selected by UK-based SSE Renewables and Norwegian firm Equinor to supply its high-voltage direct current (HVDC) Light converter systems to connect the world’s largest offshore wind farms in the Dogger […]

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ABB Acquires Chinese EV Charging Provider Chargedot

ABB is to acquire a majority stake of 67 percent in Shanghai Chargedot New Energy Technology, a leading Chinese e-mobility solution provider. ABB is to acquire a majority stake of 67 percent in Shanghai Chargedot New Energy Technology Co., Ltd. (Chargedot), a leading Chinese e-mobility solution provider. The transaction is expected to be completed in […]

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ABB to Provide Charging Infrastructure for Public E-Buses in Singapore

ABB has won contracts to provide charging infrastructure for 40 single-deck E-Buses that will hit the roads of Singapore in early 2020. ABB has won contracts to provide electric bus charging infrastructure to charge 40 single-deck electric buses (E-Buses) that will hit the roads of Singapore in early 2020. The orders were received from BYD Singapore and ST […]

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