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ABB Ltd., also called ABB Group, is a holding company, which engages in the development and provision of power and automation technologies. It operates through the following business segments: Electrification Products; Robotics and Motion; Industrial Automation; Power Grids; and Corporate and Other. Read More The Electrification Products segment produces and markets products and services including electric vehicle charging, solar inverters, modular substation packages, and switchgear. The Robotics and Motion segment manufactures and sells robotics, motors, generators, drives, wind converters, components and systems for railways and related services and digital solutions. The Industrial Automation segment integrated automation and electrification systems and solutions. The Power Grids segment offers a range of products, systems, service and software solutions across the power value chain of generation, transmission and distribution, to utility, industry, transportation and infrastructure customers. The Corporate and Other segment refers to the firm's central research and development, and real estate activities. The company was founded on January 5, 1988 and is headquartered in Zurich, Switzerland.
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Yahoo FinanceMay 17
ABB Launches Blockchain Pilot for Solar Energy Sector
International electrical engineering company ABB has rolled out a blockchain pilot to explore how the technology could promote the role of solar energy in peer-to-peer (p2p) energy trading, technology-focused media outlet PV Tech reported on May 16. To implement the project, ABB collaborated with Italian energy aggregator Evolvere to deploy a blockchain it jointly developed with blockchain-based platform Prosume. The pilot will purportedly enable transparent and secure p2p energy transactions, as well rese...
ABB powers world-first C02 neutral factory
ABB Ltd. ABB said Wednesday that its site in Luedenscheid, Germany, has become its first carbon-dioxide neutral factory in the world, offering a model for future projects as it aims to slash 40% of its greenhouse gas emissions by 2020 compared with 2013. The Swiss-Swedish engineering giant installed a solar system that can power 3,360 households at the factory, which manufactures electrical equipment such as sockets and switchers under its German subsidiary Busch-Jaeger. ABB has around 30 factories in Germ...
Associated PressMay 3
ABB Powers Tourists to the Niagara Falls with First US Built All-Electric Vessels
Press release content from Business Wire. The AP news staff was not involved in its creation. Press release content from Business Wire. The AP news staff was not involved in its creation. NIAGARA FALLS, New York--(BUSINESS WIRE)--May 3, 2019--Niagara Falls tour operator Maid of the Mist orders two new passenger vessels sailing on pure electric power, enabled by ABB’s technology This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190503005349/en/ M...
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