ABB

ABB Continues to Build Out US Energy Business

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Swiss-Swedish engineering giant ABB group President and CEO Designate Fred Kindle speaks at a press conference in Bangalore 22 November 2004. Kindle, stating that India was the country with the fastest growing operations within the ABB group, announced that his company, which two years ago opened its first research and development center outside Europe and the United States in Bangalore and currently employs about 100 engineers there, will employ another 500 professionals over the next couple of years. The Bangalore center develops engineering solutions and support automation activities across the ABB group.

International companies continue to invest in the US energy sector, with Swiss-based ABB picking up electrical components firm Thomas & Betts for $3.9 billion today, bringing its total business in North America to a total of $10 billion and keeping it the single largest market in the world for the European company. Keep reading →

 /  Published May 17, 2012 at 3:30 PM

Energy Storage Startups Battle Natural Gas, Looking to Asia and Europe

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Startup Battlefield Finalists pose onstage at Day 3 of TechCrunch Disrupt SF 2011 held at the San Francisco Design Center Concourse on September 14, 2011 in San Francisco, California.

Low natural gas prices in the US have slowed momentum in the development of grid-level energy storage solutions, an expert panel gathered from venture capital, power generation and utility companies said last week. Keep reading →

 /  Published May 15, 2012 at 9:00 AM

Do Elections Matter In Energy?

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Despite the high volume of attention paid to elections, national policies may matter less than raw economics and common goals applied in nationally customized ways as the energy sector becomes increasingly networked across the world. Keep reading →

 /  Published April 25, 2012 at 12:30 PM

Energy History And Board Diversity: The First Lady Of Cleantech Speaks

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Nancy Floyd is the founder and managing director at Nth Power, a venture capital firm established specifically to invest in clean energy startups. Floyd began her career as the first professional recruitment of a woman at the Vermont Public Utilities Commission. In 1982, Floyd founded NFC Energy Corporation, which developed over $30 million in wind projects and sold the company, generating a 25-fold return within three years. She then went on to help found a telecoms company, which was sold to IBM in 1987.

Nth Power now has $430 million under management and successfully exited investments through nine M&As and four IPOs since the firm started investing in 1997. Keep reading →

 /  Published January 31, 2012 at 11:00 AM
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