Research initiatives to focus on the application of artificial intelligence (AI) and machine learning to the challenge of managing the transition to a carbon-neutral energy system Collaboration highlights the growing…
Power Grids
ABB has won an order worth around $30 million from Amprion GmbH, a German transmission grid operator that provides electricity to more than 29 million people, from the Alps in…
![Leadership Shakeup at ABB Amid Power Grids Business Overhaul](https://www.powermag.com/wp-content/uploads/2017/04/splash-abb_web.jpg)
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…
![Hitachi Acquires ABB Power Grids Business in $11 Billion Deal](https://www.powermag.com/wp-content/uploads/2018/12/digital_substation_italy_1280x720.jpg)
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…