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Strategies & Market Trends : ABB (Asea Brown Boveri) ADR

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From: JakeStraw	6/6/2019 12:55:18 PM
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ABB wins large power transmission order from China’s State Grid new.abb.com The 1,100-kilometer-long power transmission link will transport up to 8,000 megawatts (MW) of electricity, enough to meet the needs of around eight million people in China. The orders were booked in the first and second quarters of 2019. “The ultrahigh-voltage (UHV) transmission equipment from ABB is an important milestone in realizing SGCC’s vision of building stronger and greener grids. These UHV super-grids will enable the reliable integration of ever more power sources from remote areas into the power grids of urban centers,” said Claudio Facchin, President of ABB’s Power Grids business.

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