ABB to Fund Worldwide Research Projects

Press Release
Friday, February 22, 2013

ABB to fund 40 research projects at universities worldwide that will shape the future of power and automation.

The ABB Research Grant program is intended to support promising graduate students and senior researchers who are researching projects with industrial applications in the power and automation area. The 40 projects were chosen from more than 500 proposals submitted by more than 250 universities in 46 countries.

“We were delighted with the level of interest and very impressed by the quality of proposals submitted. Our aim is to establish a truly collaborative innovation environment with leading research institutes around the world,” said ABB Chief Technology Officer, Prith Banerjee. “We already have about 100 existing research collaborations with universities around the world, and we expect to fund 40-50 new ones each year.”

Among the selection criteria was how well projects matched the 33 research topics specified by ABB as well as their potential for industrialization. “We were looking in particular for projects that support our strategy, which is to develop power and automation technologies that save energy and improve people’s lives,” Banerjee added.

Grants typically range from $50,000 to $80,000 a year, and funding is initially for one year, but ABB expects to support the projects over a longer period of time.

The successful project leaders were notified in January 2013 and funding will start as soon as the contractual formalities have been concluded.

For a list of the universities click here .

 

Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Technology

VIDEO: HMS Queen Elizabeth Floats Out

A timelapse video of HMS Queen Elizabeth floating out of her dock for the first time is now available at http://www.youtube.com/watch?v=P0ZjQz9vEKw. The float out of the 65,

Hyundai Heavy Industries Develops HiCASS

Hyundai Heavy Industries Co., Ltd. (HHI) announced today that it developed Hyundai Intelligent Collision Avoidance Support System (HiCASS) for the first time in

Fugro Launches Seastar XP2

Fugro Satellite Positioning released its Seastar XP2 PPP GNSS augmentation service on July 1, 2014, which provides increased redundancy for mission-critical offshore

Finance

Scorpio Tankers: Latest Financial & Ship Delivery News

Scorpio Tankers Inc. says it has updated its stock buyback program; lists its latest new vessel deliveries, and gives the release date of its second quarter 2014 earnings report.

Box Ships Inc. Repays Commerzbank Loan

Greece-based Box Ships Inc. says it has repayed in full the outstanding amount under its loan agreement with Commerzbank AG dated July 29, 2011.  The outstanding amount of the loan,

Aker Philadelphia Shipyard ASA : Purchase of own shares

Aker Philadelphia Shipyard ASA (the "Company") (Oslo: AKPS) has on 21 July 2014 purchased 2,155 shares in the Company on Oslo Axess at an average price of NOK 160.

Energy

Ocean Mineral Singapore Set for Seabed Exploration

Ocean Mineral Singapore Pte. Ltd. (OMS) has received approval from the International Seabed Authority (ISA) on its application for its first seabed exploration licence.

Suicide Attack Escalates Libya Violence, Oil Output Slips

Crude output slips for first time since port deal; fresh clashes in Tripoli and Benghazi. Brega oil port seen open in few days. A twin suicide bombing at a Libyan

Maine Port City Bans Oil Loading

City councilors in South Portland, Maine, voted late Monday night to ban the loading of crude oil onto tankers along its waterfront, throwing up yet another roadblock

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Pod Propulsion Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1056 sec (9 req/sec)