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ABB, the leading power and automation technology group has entered into an agreement with Jiangsu Jingke Smart Electric Company in China to establish a joint venture that will design, manufacture and service high voltage instrument transformers from 72.5 kV to 750 kV. The portfolio will include oil and SF6 stand-alone current and voltage transformers, ring-core current transformers, GIS voltage transformers and optical transformers.

In its updated 5-year strategy announced today, ABB also said tight execution on cost and productivity—aiming for annual productivity improvements equivalent to 3-5 percent of cost of sales—will further contribute to increasing profitability over the period, along with targeted expansion of its service and software businesses.

ABB’s strategy is built around five components: increasing competitiveness by matching production to local market needs while driving productivity and quality improvements; capitalizing on macro trends such as emerging market growth, resource efficiency and climate change where markets are growing faster than global GDP; leveraging its leading market positions and technologies in core businesses like power grids and industrial automation to take market share; continuing its successful acquisition policy to accelerate growth in priority gap areas; and exploiting disruptive opportunities, such as direct current (DC) technologies, to enable a wide range of energy efficient automation and power solutions.

Brazil is boosting its industrial production, power capacity and enhancing its transmission and distribution infrastructure to meet the needs of its expanding economy as well as for the 2014 FIFA football World Cup and the 2016 Olympic Games.

The ABB multi-standard chargers are compliant with CHAdeMO 1.0, the CE standard and new industry guidelines for multi standard fast chargers.

The high-voltage unit will produce gas-insulated switchgear (GIS) and PASS (plug and switch system) hybrid switchgear to serve growing demand in India and will also serve as an export hub. The new transformer factory will focus on the production of dry-type and oil immersed distribution transformers.

Swiss-Swedish multinational corporation ABB Ltd has commissioned a $440 million transmission link in China, which is said to be the world’s longest and most powerful transmission cable. The Xiangjiaba-Shanghai project was completed in a record time of 30 months, a year ahead of schedule. The project is the first ultra high-voltage direct current transmission link in the world to start commercial operations.

A new generation of transformers to be used in world’s first 660 kilovolt (kV) DC power transmission link in China.

“This order supports the development of 765 kV power infrastructure in India, enhancing transmission capacity and efficiency to help meet the growing demand for power,” said Peter Leupp, head of ABB’s Power Systems division. “These substations will also strengthen grid reliability and improve power stability in the region.”ABB is responsible for the design, engineering, supply and commissioning of the 765 kV and 400 kV air-insulated switchgear (AIS) substations. The switchyards will also be equipped with IEC 61850 compliant automation, control and protection solutions, which enable the development and integration of intelligent power networks. The project is scheduled to be completed by 2012.Substations are key installations in the power grid that transform voltage levels and facilitate the safe and efficient transmission and distribution of electricity. They include equipment that protects and controls the flow of electrical power, enhancing grid reliability.

ABB, the leading power and automation technology group, is well prepared for the new ecodesign transformer regulations that came into force within the EU`s internal market in June 2014. All new transformers put into service in the EU must fulfil minimum energy efficiency requirements from July 1, 2015, giving the industry and market a period of grace of less than one year to adapt.Large amounts of power pass through transformers, which account for 30-40 percent of the losses in transmission and distribution systems. Even a marginal increase in transformer efficiency can significantly reduce CO2 emissions.The new EU ecodesign regulation covers small, medium and large power transformers used in electrical transmission and distribution networks, and for industrial applications. However, it does not apply to all transformer products; for example, single phase transformers are unaffected.The new legislation is intended to prevent high loss transformers from being installed in the EU, but the first phase (Tier 1) of efficiency requirements that come into play in July 2015 are only the start. By 2021, a Tier 2 standard will require transformer designs to be about 10 percent more energy efficient than Tier 1.