Equipment supplier ABB recognized as a Top 100 Global Innovator

file

ABB, an equipment supplier to the hydroelectric power market, has been recognized by Thomson Reuters as one of the world’s top 100 innovators for a third year.

The Top 100 Global Innovators award acknowledges companies for their outstanding commitment to global innovation, the protection of ideas and the commercialization of inventions, ABB says.

One of the company’s innovations is a high-voltage direct current cable that more than doubles power capacity to about 2,600 MW. It can span distances of up to 1,500 km in subsea and underground applications, ABB says.

“This recognition is a strong endorsement,” says Chief Executive Officer Ulrich Spiesshofer. “New technologies are at the core of driving profitable growth through our strategic focus on market penetration, innovation and expansion.”

The company does a great deal of work in the hydroelectric market. Recently, HydroWorld.com reported on ABB supplying electrical balance of plant to the 96-MW Dikchu project in India. Outside of conventional hydro, ABB recently received a contract to supply an onshore grid connection for the 6-MW Phase 1 of the MeyGen tidal stream project in Scotland.

ABB invests about $1.5 billion annually in research and development and employs about 8,500 technologists in more than 20 countries.

For more technology & equipment news, click here.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs