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World
ABB to Divest Cable Business to NKT Cables
NKT Cables is acquiring ABB’s global high-voltage cable system business with a total enterprise value of 836 million euros (US$934 million). High voltage cables are key components in sustainable energy networks, used for transmitting large amounts of electricity over long…
IEA urges Japan to decarbonise its energy supply
Japan should balance and diversify its energy mix through a combination of renewable and nuclear energy and efficient thermal power generation, the International Energy Agency (IEA) said today in its latest review of Japan’s energy policies, stressing this would help…
The World Passes 400ppm Carbon Dioxide Threshold. Permanently
We are now living in a 400ppm world with levels unlikely to drop below the symbolic milestone in our lifetimes, say scientists. Climate Central reports. In the centuries to come, history books will likely look back on September 2016 as…
New York City To Host Formula E Electric Car Race in July 2017
The Formula E series of electric car races will be headed to New York City towards the end of July 2017, putting on a pair of races along the Brooklyn waterfront. The tentative dates for the two races are: July…
Spain Closes In on 50 Percent Renewable Power Generation
Over the first eight months of this year, Spain averaged an impressive 47.2 percent renewable energy share in its generation mix. The achievement was reported by Spanish electricity transmission system operator, Red Electrica de Espana (REE). Breaking down the renewable…
New York City Sets the First Citywide Energy Storage Target
Only two U.S. states, California and Massachusetts, have set targets for energy storage deployments. Now New York City has joined them. The city government unveiled a storage goal of 100 megawatt-hours by 2020 last week, along with an expanded solar…
ABB Wins $85 Million Orders to Strengthen Power Grid in Canada
Ultra-high voltage circuit breakers and power transformers to support upgrade of Quebec grid Zurich, Switzerland, September, 2016 – ABB has won orders worth over $85 million from leading Canadian utility Hydro-Québec (HQ) to upgrade its 800-kilovolt (kV) air-insulated switchgear (AIS)…