Ontario’s Bruce Power has signed a multi-year contract with Swedish-Swiss multinational electrical engineering giant ABB to supply advanced technology that enhances the lifespan and efficiency of eight nuclear units. The contracts will see ABB upgrade existing excitation systems at Bruce Power’s A and B stations with ABB’s UNITROL 6000 X-power technology. Bruce Power “is refurbishing […]
ABB Electrification
ABB Unveils $130M in Investments to Build a Bigger and More Efficient Facility in Montreal
Switzerland’s ABB is investing significantly into the Canadian market, the Zurich-based electrification giant announced this week. The global cleantech firm has unveiled an investment of $130 million into Canadian-based research, development, and manufacturing of its electrification solutions. Industry is facing fluctuating energy costs and an insecure energy supply while demand for electrification continue to increase. […]
Toronto’s Edgecom Secures Funding to Advance Energy Management Technology
A Toronto-based energy management software company this week closed a round of investment. Edgecom Energy recently announced the closing of “a significant investment.” The round was led by Toronto’s Greensky Ventures and included participation from ABB Electrification Ventures. The strategic funding is earmarked to support Edgecom’s expansion into new energy markets and accelerate the growth […]