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ABB Opens Nnew EUR 20 Million Energy-Efficient Factory in Belgium
ABB has opened a new 20 million euros injection molding manufacturing site at Evergem, near Ghent in Belgium, to meet the growing demand for safe, smart and sustainable electrification solutions in Europe. The modern plant has been developed to meet…
Schneider Electric: Digitization as the Key to the Energy Transition
The Schneider Electric Innovation Summit was once again a meeting place for the latest automation, electrification, and digitalization solutions. Representatives of numerous companies met in Paris, where Schneider Electric, a leader in the digital transformation of energy management and automation,…
MDBs Publish Shared Vision for Circular Economy Finance at WCEF 2024
During the World Circular Economy Forum (WCEF) 2024 in Brussels, leading multilateral development banks (MDBs), including the European Bank for Reconstruction and Development (EBRD), presented their Circular Economy Working Group’s shared vision on the role of MDBs in supporting the…
K2 WALLPV – THE SYSTEM SOLUTION FOR SOLAR PROJECTS ON BUILDING FACADES
The new mounting systems from K2 add another dimension to the areas that can be used to generate energy. This is because they allow systematic and therefore fast PV installation on facades. Most of the parts required for this are…
ABB launches new share buyback program of up to 1 billion dollars
ABB will launch its previously announced new share buyback program of up to 1 billion dollars. Based on the current ABB share price this represents a maximum of approximately 21.3 million shares. The maximum number of shares that may be…
ABB secures $150 million traction contract to power Australia’s QTMP trains and announces new facility in regional Queensland
ABB has been awarded a USD$150 million contract in February 2024 to supply complete traction packages, as well as engineering and service support for each of the 65 six-car passenger trains to be delivered by the Queensland Train Manufacturing Program…
ABB and Norwegian Cruise Line Holdings expand long-term partnership
ABB and Norwegian Cruise Line Holdings (NCLH) have signed a long-term partnership agreement to accelerate the decarbonization and digitalization of the Norwegian Cruise Line (NCL) fleet. Targeting increased safety and efficiency, the agreement covers 14 existing ships and a further…