ABB announced a strategic minority investment in HESStec, a company based in Spain which specializes in hybridized energy storage system (HESS) and battery energy storage system (BESS) applications.
ABB and Škoda Group have announced a partnership, the first of its kind between the two companies, that marks a milestone in railway electrification.
ABB's Smart Buildings Division has announced a strategic collaboration with the World Green Building Council's (WorldGBC) European Regional Network (ERN) to accelerate sustainable and energy-efficient building practices across Europe.
ABB inaugurated a new factory in Belgium, investing €20 million in its construction, situated in Evergem, near Ghent.
ABB E-mobility supplied Constanta with its latest fast charging technology, powering the city's electric buses and accelerating its transition to emission-free mobility. Constanta installed five 300 kW HVC-PD (Heavy Vehicle Charger Pantograph Down) and twenty 50 kW Terra 54 HV fast charging stations to power its BYD electric bus fleet. All charging stations installed in Constanta are Cloud connected through ABB Ability™, facilitating remote software upgrades.
ABB E-mobility co-develops optimal e-truck charging solution as part of the EU project. The NextETRUCK project is developing new e-concepts for trucks with medium freight haulage by the end of 2025 as part of the EU research program 'Horizon Europe'. The project aims to make those designated truck fleets emission-free, cost-efficient, and seamless to manage.
Olimpia Parking is the first parking in Romania that implemented ABB's latest building automation and EV charging technology.
New investors include General Atlantic's BeyondNetZero (US), GIC (Singapore), Just Climate (UK) and Porsche SE (Germany).
Microsoft has achieved its goal of matching 100% of its annual global electricity consumption with renewable energy, reaching the milestone five years ahead of its 2025 target. The achievement supports the company's commitment to become carbon negative by 2030.
The recent weakening of the CSRD may have some real estate developers cheering the compliance rollbacks, but the consequences could be complicated. A new research survey examines how EU real estate firms are navigating changes to the CSRD, and what that could mean for upcoming SFDR revisions.
Waldevar Energy has begun construction on two utility-scale photovoltaic parks for Doral Energy in Tudor Vladimirescu (Brăila County) and Ștefan Vodă (Călărași County), Romania. The projects will deliver 14 MWp of installed capacity using around 25,000 photovoltaic panels.
Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.
The European Union has reached a provisional agreement to reduce the scope and stringency of two major ESG regulatory frameworks: Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
