In order to expand presence in Africa, ABB has announced to power Total-led Mozambique LNG Project. ABB has signed a deal with CCS JV, comprising Saipem, McDermott and Chiyoda to provide comprehensive integrated and intelligent electrical systems for the east-African Mozambique LNG field.
- With LNG capacity of approximately 13 million tonnes per annum, the current development will spearhead crucial economic and social investment for Mozambique.
- ABBs 26-month project will culminate in a significant installed base in Mozambique for ABB and will involve collaboration across multiple ABB divisions and regions, led by ABB in Singapore.
- Fourteen large onshore electrical houses (e-houses) or prefabricated electrical substation buildings (PESB) specifically designed for oil and gas applications, will be built by ABB team in Singapore and transported to the Mozambique LNG Project site.
The major deals and collaboration by ABB are mentioned below:
Sep 2020: The ABB announced that it is had invested approximately $43 million in new research and development facilities and office space in Turgi in the canton of Aargau, Switzerland. The new multipurpose building will be constructed by 2024, which meets the highest standards for energy efficiency and collaboration among employees.
July 2020: The e-mobility solutions provider ABB had started the construction of new facility for electric vehicle charging infrastructure in San Giovanni Valdarno, Italy. The $30 million facility is expected to be operational by the end of 2021.
May 2020: ABB had entered into an agreement with Norways largest grocery wholesaler ASKO, and its owner NorgesGruppen, to supply charging infrastructure for its growing fleet of electric trucks.
March 2020: ABB had completed the acquisition of a majority stake in Chinese e-mobility solution provider Chargedot Shanghai New Energy Technology Co., Ltd.. Shanghai-based Chargedot has made a substantial contribution to the electric vehicles in China.
March 2020: ABB had announced its partnership with motorsport and automotive specialist Sauber Engineering AG a company of Sauber Group as an Official Global Technology Partner. The partnership will focus on leveraging e-mobility and carbon neutral development projects.
March 2020: ABB announced the divestment of its solar inverter business to the Italian company FIMER SpA. The transaction enables ABBs Electrification business to improve the focus of its business portfolio on priority growth markets and enhance business opportunities for the solar inverter business under FIMER
December 2019: ABB had announced the completion of divestment of all its shares in two Shanghai-based Electrification joint ventures, Shanghai ABB Breakers Co., Ltd. and Shanghai ABB Guangdian Electric Co., Ltd. to holding subsidiaries of Shanghai Guangdian Electric Group (SGEG), ABBs joint venture partner in the two companies.
ABB, headquartered in Zurich, Switzerland, is a global technology leader that is driving the digital transformation of industries. The company operates in approximately 100 countries with around 147,000 employees. ABB has four, customer-focused businesses: Motion, Electrification, Industrial Automation, and Robotics & Discrete Automation, supported by the ABB Ability digital platform.