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ABB Wins $70 Million in Equipment Orders to Expand European Rail Fleets

22nd February 2017 ABB traction technologies to provide more reliable, energy-efficient trains for rail operators in Switzerland, Sweden and Hungary. ABB has won orders worth $70 million from Swiss train manufacturer Stadler to supply state-of-the-art traction and onboard power equipment to three European rail... 

Raigarh–Pugalur ultrahigh-voltage direct current transmission link project, India

17th February 2017 Power Grid Corporation of India is building one of the longest transmission links in the world. 

Sylmar high-voltage direct current converter station modernisation project, US

17th February 2017 The project aims to modernise the southern converter station on the Pacific Intertie. 

ABB hopeful Zuma’s IPP declaration will unlock orders for locally assembled inverter stations

16th February 2017 The head of ABB South Africa is hopeful that renewable-energy-related orders, which all but dried up in 2016 as a result of Eskom’s refusal to sign new power purchase agreements, will resume in light of President Jacob Zuma’s announcement that the State-owned utility will sign all outstanding... 
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Continued support for renewables IPPs an economic boost – Sarec

The South African Renewable Energy Council (Sarec) has welcomed the confirmation by Finance Minister Pravin Gordhan that the continuation of South Africa’s independent power producer (IPP) programme was imperative, given the need to boost investment in the short term. In a statement following... 

Murray & Roberts posts H1 loss

JSE-listed Murray & Roberts (M&R) on Wednesday reported an attributable loss of R60-million for the six months ended December 31. Revenue and profit from continuing operations were R10.7-billion and R119-million respectively for the period. 
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