Close Menu
Daily Guardian
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Lifestyle
  • Health
  • Sports
  • Technology
  • Climate
  • Auto
  • Travel
  • Web Stories
What's On

Swath of Ontario boreal forest larger than Toronto to be protected from development

October 13, 2026

I don’t miss the camera on the Ray-Ban Meta Audio glasses

October 13, 2026

Canadians with children more likely to rely on charities, non-profits: survey

October 13, 2026

Facebook will let you customize your feed algorithm using AI

October 13, 2026

Bike lane advocates to challenge Ford government’s removal plans at Supreme Court

October 13, 2026
Facebook X (Twitter) Instagram
Finance Pro
Facebook X (Twitter) Instagram
Daily Guardian
Subscribe
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Lifestyle
  • Health
  • Sports
  • Technology
  • Climate
  • Auto
  • Travel
  • Web Stories
Daily Guardian
Home » ABB invests $200 million across Europe to accelerate grid transformation
Press Release

ABB invests $200 million across Europe to accelerate grid transformation

By News RoomMay 11, 20263 Mins Read
ABB invests 0 million across Europe to accelerate grid transformation
Share
Facebook Twitter LinkedIn Pinterest Email

ZURICH, SWITZERLAND, May 11, 2026 (GLOBE NEWSWIRE) —

  • Investments across Europe will expand production capacity of medium-voltage technologies for electrical distribution
  • Major projects include a $100 million investment in Italy, as well as others in Bulgaria, Finland, Germany, Norway, and Poland
  • Program will increase availability of key technologies including SF6-free switchgear and grid automation products for global markets

ABB announced today that it is investing around $200 million in its medium-voltage manufacturing capabilities across Europe over the next three years to expand production capacity, accelerate the transition to next-generation technologies for power distribution and strengthen supply for customers that are modernizing their power infrastructure. This includes utilities, industry, and rapidly growing data center markets.

According to the International Energy Agency, electricity’s share of final energy consumption is expected to rise from around 20 percent today to nearly 30 percent by 2030, highlighting the urgency and scale of grid expansion.

“This $200 million investment will strengthen ABB’s medium-voltage manufacturing and technology capabilities in Europe and support customers as electricity demand increases and the grid evolves,” said Morten Wierod, ABB’s Chief Executive Officer. “Demand is being driven by major structural trends, from grid modernization and the integration of renewables to data center growth and the transition to more sustainable technologies. These investments will help us expand capacity, improve availability, and shorten lead times for customers in Europe and beyond, empowering them to adapt to the changing energy landscape.”

Investing in European manufacturing capabilities
The investment strengthens the company’s ability to deliver critical medium-voltage switchgear and grid automation technologies. It includes a new $100 million facility in Dalmine, Italy, to support growing demand for air-insulated and SF6-free switchgear and breakers. A further $100 million investment is for capacity expansion projects across factories in Bulgaria (Rakovski), Finland (Vaasa), Germany (Ratingen), Norway (Skien), and Poland (Przasnysz), scaling production of technologies such as gas-insulated switchgear (GIS), vacuum interrupters, and relays, enabling more reliable and resilient power distribution.

This program builds on recent investments in ABB’s UK and Hungary operations. In Kecskemét, Hungary, the investment of approximately $15 million adds R&D and production capabilities for connector technologies, enhancing medium-voltage network reliability and further expanding ABB’s portfolio of grid resilience solutions for utility and renewable customers. 

In Nottingham, UK, ABB invested around $35 million to expand production of earthing and lightning protection technologies to protect critical infrastructure and buildings, data centers, and communications and transportation networks from lightning strikes and electrical surges.

Together, these actions reflect ABB’s focus on building resilient manufacturing capabilities for technologies that connect and protect the evolving grid. 

ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this ‘Engineered to Outrun’. The company has over 140 years of history and around 110,000 employees worldwide. ABB’s shares are listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB). www.abb.com

  • ABB invests in European manufacturing capabilities
            
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

vineyard vines Returns as Official Style of the Head Of The Charles® Regatta

Bigger & Better Than Ever: Laxmi & Chef Kunal Kapur Return With ‘Diwali Delights’ Season 2

2026 Chery International User Summit to Kick Off: LUXEED Set for Global Brand Launch

Going Asset Management Wins Capital’s Excellence Fund Award, Harnessing Technology to Enhance the Long-Term Value of Assets

Alation Honors 2026 AI Radicals Award Winners at revAlation

Supported Employment: Helping Individuals Build Meaningful Careers

“The Carbon Pursuit of Happiness” Premieres October 10: A New Chapter for In-Depth Dialogue on Health and Humanity

Evolution Metals & Technologies Corp. Raises Fiscal 2026 Revenue Guidance 62% at Midpoint to 11 Million and Reaffirms 460 Million Fiscal 2027 Outlook

Ufunded Launches “Spotlight” Series, Documenting the Minds Shaping Modern Trading

Editors Picks

I don’t miss the camera on the Ray-Ban Meta Audio glasses

October 13, 2026

Canadians with children more likely to rely on charities, non-profits: survey

October 13, 2026

Facebook will let you customize your feed algorithm using AI

October 13, 2026

Bike lane advocates to challenge Ford government’s removal plans at Supreme Court

October 13, 2026

Latest News

Selma Blair charged with assault after allegedly attacking flight attendants

October 13, 2026

Google finally releases Gemini 4 Argon

October 13, 2026

Online predators coercing children to commit violence, Durham police warn

October 13, 2026
Facebook X (Twitter) Pinterest TikTok Instagram
© 2026 Daily Guardian Canada. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Go to mobile version