abb – Page 5 – Thinking Port

Insights Into Siemens’ Stunning Gas and Power, Renewables Shakeup

May 12, 2019 admin abb, Business, carveout, Energy Storage, Gas, gas and power, gas turbine market, ge, general, hitachi, International, lisa davis, market case, Markets, mhps, newco., news, Renewables, siemens, spinoff, supply chains, T&D, Technology, Wind, workforce

Credit to Author: Sonal Patel| Date: Mon, 13 May 2019 03:05:05 +0000

In the days following its May 7 announcement that it will spin off its Gas and Power business, Siemens has fleshed out how and when the carveout will occur, laid out its reasons for lumping its energy businesses together, and put forth a market case for why a business separation may be a “win-win” situation […]

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Leadership Shakeup at ABB Amid Power Grids Business Overhaul

April 17, 2019 admin abb, Business, digitalization, electrification, finance, hitachi, International, leadership change, Markets, news, power grids, supply chains, T&D, Technology

Credit to Author: Sonal Patel| Date: Wed, 17 Apr 2019 12:15:58 +0000

Only months after ABB announced Hitachi would acquire a majority stake in its flagship power grids business for $11 billion, the company’s board of directors ousted CEO Ulrich Spiesshofer and officially launched a search for a new leader. The Zurich-based technology giant said on April 17 that the board of directors and Spiesshofer “mutually agreed […]

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Magazines

Japanese Conglomerates Rejigger Power Sector Strategies

February 21, 2019 admin abb, Business, business strategies, Carbon Capture, climate change, Coal, decarbonization, Environmental, Gas, grid, hitachi, hydrogen, hydrogen power, International, Japan, mangum, market disruptions, Markets, MHI, mhi vestas, mhps, netherlands, news, Nuclear, offshore wind, Renewables, Research and Development, Technology, vattenfall, Wind

Credit to Author: Sonal Patel| Date: Thu, 21 Feb 2019 12:30:56 +0000

Hitachi and Mitsubishi Heavy Industries (MHI), two giant Japanese companies with substantial stakes in the world’s power sector, are separately rethinking future business directions as sizable disruptions shake up prospects for traditional market growth. In recent months, Hitachi refined its business model to prepare it for explosive demand in digitalization solutions, focusing heavily on grid […]

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Magazines

Hitachi Acquires ABB Power Grids Business in $11 Billion Deal

December 17, 2018 admin abb, Business, Coal, connected plant, Gas, grid, hitachi, hvdc, International, news, Nuclear, power grids, Renewables, T&D, Technology, transmission, uk

Credit to Author: Darrell Proctor| Date: Mon, 17 Dec 2018 19:42:40 +0000

Hitachi Ltd. and ABB on December 17 announced that Hitachi will acquire 80.1% of ABB’s Power Grids unit in an $11 billion deal. Reports of the possible acquisition surfaced December 16, with several media outlets including POWER discussing the agreement, citing sources familiar with the deal who asked not to be identified. Hitachi plans to […]

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ABB Nears Sale of Power Grids Division to Hitachi in $11 Billion Deal

December 17, 2018 admin abb, Business, Coal, Gas, hitachi, horizon nuclear power, International, Japan, news, Nuclear, Renewables, T&D, uk

Credit to Author: Darrell Proctor| Date: Sun, 16 Dec 2018 23:58:55 +0000

Hitachi Ltd. and ABB could announce an $11 billion deal as soon as December 17 in which Hitachi will acquire 80% of ABB’s power grids unit. Reports of the possible deal surfaced December 16, with Bloomberg and others citing sources familiar with the agreement who asked not to be identified. Neither ABB nor Hitachi commented […]

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Power Plant Control Loop Tuning and Optimization [PODCAST]

December 1, 2018 admin abb, Business, connected plant, connected plant conference, control system optimization, iiot, iiot power, Instrumentation & Controls, loop tuning, news, O&M, podcast, power podcasts, Technology

Optimizing power plant control systems can be challenging, but new tools are available to simplify and improve the process. On this episode of The POWER Podcast, Executive Editor Aaron Larson spoke with Jon Towslee, digital engagement leader for ABB Inc.’s Industrial Automation Power Generation & Water business. Towslee explained how ABB Ability is focused on […]

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Benefits of High-Voltage Direct Current Transmission Systems

August 1, 2018 admin abb, electric power transmission, hdr, high-voltage direct current, hvdc, International, news, Power Demand, siemens, Smart Grid, supply chains, T&D, Technology

High-voltage direct current (HVDC) technology offers several advantages compared to alternating current transmission systems. For example, it allows more efficient bulk power transfer over long distances

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