World Economic Forum report recognizes key critical infrastructure innovations from Smart Wires, ABB and Siemens
SAN FRANCISCO, May 27, 2020 /PRNewswire/ -- Today's report from the World Economic Forum's International Energy Community in China has highlighted Smart Wires SmartValveTM as one of the energy sector's influential innovations during the last decade. Winners were chosen based on several…
Global Factory Automation Mechanical Component Market (2020 to 2025) - Featuring 3M, ABB & Schneider Electric Among Others -
DUBLIN--(BUSINESS WIRE)--The "Factory Automation Mechanical Component Market - Forecast (2020 - 2025)" report has been added to's offering. The Global Factory Automation Mechanical Components market is valued at $ 495.3 billion in 2017 and is expected to grow with a CAGR of 5.08% during the forecast period 2017 - 2023. The report incorporates an in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developmen
ABB On How Smart Cities Can Emerge Stronger Out Of The Pandemic
Experts think that far from a bad economy slowing down smart-city investments, the need to prepare for the next crisis will promote even faster infrastructure upgrades. In the latest Intelligence of Things Tracker, Michael Lotfy, senior vice president of smart-buildings solutions for global electrical-technology company ABB, explains how smart-city systems and 5G can help communities weather today’s crisis — and emerge even more resilient than before.
Petronas in talks to acquire assets of Acme Solar
MUMBAI: Malaysia’s state-run oil and gas company, Petroliam Nasional Bhd (Petronas), is in talks to buy about 100 MW of solar assets from India’s Acme Solar, two people aware of the development said. The assets located in Karnataka will be valued at Rs 450-500 crore. In February, Acme had sold about 600 MW assets to UK-based private equity fund Actis for Rs 3,000 crore.Petronas is likely to acquire the assets through its Indian unit, Amplus Energy Solutions. An Acme spokesperson declined to comment, while mails sent to a Petronas spokesperson and Amplus chief executive Sanjeev Aggarwal did not elicit response till press time Tuesday.One of the largest solar power developers in India, Acme Solar has a portfolio of 5.5 GW with an operational capacity of 2.9 GW and 2.6 GW of projects under different stages of development.Petronas had acquired Amplus in April 2019 from New York-based I Squared Capital. The company, which provides clean energy to its clients by setting up both on-site solar projects (rooftop and ground-mounted) and off-site solar farms, owns and manages a portfolio of 650 MW of operational and under-construction solar assets in India.
Industrial Automation Market in Life Sciences Industry 2020-2024 | Demand for Healthcare Services to Boost Growth | Technavio
Technavio has been monitoring the industrial automation market in life sciences industry and it is poised to grow by USD 1.92 billion during 2020-2024, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. This press release features multimedia. View the full release here: Technavio has announced its latest market research report titled Global Industrial Automation Market in Life Sciences Industry Market 2020-2024 Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., Emerson Electric Co., Honeywell International Inc., Mitsubishi Electric Corp., OMRON Corp., Parker-Hannifin Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp. are some of the major market participants.
Research Report with COVID-19 Forecasts - Global Off-grid Solar Power Systems Market 2020-2024 | Evolving Opportunities with ABB Ltd. and ENGIE SA | Technavio
LONDON--(BUSINESS WIRE)-- #GlobalOffgridSolarPowerSystemsMarket--The off-grid solar power systems market size has the potential to grow by USD 2.97 billion during 2020-2024
Insights into the Immersed Distribution Transformers Industry in the Middle-East, Africa, Saudi Arabia, South Africa & Nigeria - Featuring ABB, Schneider Electric & Tesar Among Others -
DUBLIN--(BUSINESS WIRE)--The "Oil Immersed Distribution Transformers Market Analysis Report + Database - (Middle-East Africa, Saudi Arabia, South Africa, Nigeria) in Utility, Generation and Industry" report has been added to's offering. Distribution Transformers market is highly competitive with local players within countries winning a majority of the business, especially with the utilities and industry. Yet, due to their global presence, manufacturers like ABB, Schneider
Research Report with COVID-19 Forecasts-Global Waste Heat Recovery Market 2020-2024 | Evolving Opportunities with ABB Ltd. and Clean Energy Technologies, Inc. | Technavio
LONDON--(BUSINESS WIRE)-- #WasteHeatRecoveryMarketGrowth--The waste heat recovery market size has the potential to grow by USD 11.31 billion during 2020-2024
China and Pakistan's all-weather friendship is in a terrible spot
A recently concluded probe conducted by the Imran Khan government into the anomalies of China-Pakistan-Economic-Corridor has revealed that six China-funded power projects under CPEC has resulted in huge profits for Chinese firms setting up the plants through over invoicing and tariff charges compared to market rates.ET has a copy of the probe report which also alleged that government-to-government deals signed under CPEC had unduly favoured Chinese investors. One of the six power projects was found to be 234 per cent expensive than a similar project in India, the study revealed. None of these projects were offered under bidding as it is being funded by a single country, according to inquiry report.The inquiry report revealed that the $1.7 billion power transmission line project of the China-Pakistan Economic Corridor (CPEC) was 234% expensive than a similar project in India with better technology.The NTDC and State Grid Cooperation of China (SGCC) signed a cooperation agreement in April 2015 for development of 4,000MW, ±660 kV Matiari to Lahore High Voltage Direct Current (HVDC) Transmission Line.
Sell ABB, target price Rs 766: Emkay Global
At CMP, the stock trades at 40 times CY21E EPS and remains the most expensive stock in its ECG coverage universe.
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