1. Home
  2. Tag "ABB"

ABB Readies Electric Vehicle Charging Spin Off For Early Next Year

ZURICH : ABB will be ready with investor materials for the spin-off of its electric vehicle charging business in the fourth quarter with a potential flotation targeted for early 2022, Chief Executive Bjorn Rosengren said on Thursday. ABB was looking to spin off the business, which has been seeing enormous demand, although it would likely […]

VerdeMobility Launches the First Ever Hybrid AC EV Chargers in India For Multi-Protocol Charging

ABB to Scale Up RE Presence

ABB will be “very active” in the country’s renewable energy (RE) space, its executive said on Thursday. “We are helping a lot of solar companies to basically inject their solar into the power grid, that’s one area where we’ll be very active… in general, renewables, hydro and geothermal,” said Olivier Coquerel, country managing director of […]

China Raises Export Tariffs For Some Steel Products Again in Green Push

ABB Supplies Southeast Asia’s Largest Battery Energy Storage System

WITH the global energy storage system market expected to reach $17.9 billion by 2027, battery energy storage systems (BESS) are emerging as the strongest solution to increase grid flexibility and reliability. To help improve grid performance in the country, SMC Global Power Holdings Corp. (SMC), one of the major suppliers of power to the national […]

Tesla Deployed 1.3 GWh of Energy Storage in Q2 2021 with ‘Megapacks Sold Out to 2023’

Making India Ready for Electric Vehicles: Top Companies Offering EV Charging Infrastructure

In addition to Ola Electric, there are many companies that aim to change the landscape of EV charging infrastructure in India. We list a few of them here. Ola Electric recently announced a massive charging network exclusively for electric two-wheelers called the Ola Hypercharger Network. The charging network is for its upcoming electric two-wheelers; the […]

VerdeMobility Launches the First Ever Hybrid AC EV Chargers in India For Multi-Protocol Charging

ABB may list electric car charging business, profit rises by a third

The maker of industrial robots and drives this month pre-announced an 11% rise in first-quarter revenues and improvement in its profit margin. ZURICH: ABB unveiled plans to possibly float its electric vehicle charging business on Tuesday as the Swiss engineering company returned to pre-pandemic levels of profit. The maker of industrial motors and drives reported […]

VerdeMobility Launches the First Ever Hybrid AC EV Chargers in India For Multi-Protocol Charging

ABB, AFC Energy Partner to Develop EV Charging Solutions

ABB has launched a strategic partnership with AFC Energy, a provider of hydrogen power generation technology, to create the next generation of high-power sustainable electric vehicle (EV) charging solutions for grid-constrained locations. Utilizing ABB’s energy storage solution and DC EV fast chargers, along with AFC Energy’s zero-emission, high-efficiency hydrogen fuel cell, the strategic collaboration will […]

VerdeMobility Launches the First Ever Hybrid AC EV Chargers in India For Multi-Protocol Charging

ABB completes divestment of Power Grids to Hitachi

  Hitachi ABB Power Grids joint venture starts operations ABB’s portfolio focused on industrial customers Net cash proceeds to be returned to shareholders as planned ABB today reached a significant milestone in the company’s transformation towards a decentralized global technology company, with the completion of the divestment of 80.1 percent of its Power Grids business to […]

Tata Power – DDL Among the First Utilities in the Country to Meet 100% Renewable Purchase Obligation Compliance

ABB India Q1 profit drops to Rs 66 crore on COVID-19 impact

The company reported a profit including exceptional items and before tax of Rs 87 crore. The resultant under-absorption and mark-to-market impact due to forex volatility were partly offset by refund incomes and a one-time gain on sale of solar business Bengaluru: ABB India has posted a profit after tax of Rs 66 crore during the […]

Tata Power – DDL Among the First Utilities in the Country to Meet 100% Renewable Purchase Obligation Compliance

ABB completed acquisition of Chinese EV charging provider Chargedot

ABB has completed its acquisition of a majority stake in Chargedot Shanghai New Energy Technology Co., Ltd. (“Chargedot”). The transaction was announced on October 28, 2019. Since its establishment in 2009, Shanghai-based Chargedot has made a significant contribution to the uptake of electric vehicles in China. The company supplies AC and DC charging stations, as […]

VerdeMobility Launches the First Ever Hybrid AC EV Chargers in India For Multi-Protocol Charging