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Industry
European People’s Party: Climate Goals Must Align with EU Industry Preservation
Over the past decades, the European Union has achieved significant success by creating a single market, reducing trade barriers within Europe, and establishing global trade agreements. This progress has led to economic growth, job creation for citizens, and increased competitiveness…
Why Are Sustainable Fuels Not Enough to Reduce Emissions in the Aviation Industry?
In an effort to limit global warming, the European Commission has set an ambitious goal of reducing emissions by 90 percent by 2040 compared to 1990. All industries must take concrete steps to align their operations with this target. However,…
ABB Acquires Solutions Industry & Building to Expand its Cable Protection Systems
ABB announced today it has acquired Solutions Industry & Building (SIB), a leading manufacturer of construction industry building products and premium cable glands used to protect critical electrical equipment in industrial, railway and hazardous environment applications. The acquisition of SIB…
The European Wind Industry Requires 200,000 New Workers by 2030
The wind energy sector in Europe faces significant challenges and opportunities as it prepares for substantial expansion over the next six years. With ambitious climate goals and the need to increase energy independence, the European Union plans to boost wind…
ABB’s 2030 and 2050 Science-Based Targets Approved by the Science Based Targets initiative (SBTi)
ABB welcomes the approval of its emissions reduction targets by the Science Based Targets initiative (SBTi). As part of the company’s efforts to enable a low-carbon society ABB submitted updated scope 1, 2 and 3 targets for 2030 and 2050…
ABB Launches Next-Generation Robotics Control Platform OmniCore
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 dollars of investment in next generation robotics, is…
Sharp Declines in Critical Mineral Prices Mask Risks of Future Supply Strains as Energy Transitions Advance
Pressure eased in 2023 on the market for minerals that go into electric vehicles, wind turbines, solar panels and other clean energy technologies, as supply outpaced surging demand. But a new report from the International Energy Agency finds that major…