ABB eyes clean-energy opportunities in China

ABB Group, a Zurich-based electricity and automation solution provider, sees great opportunities in China's clean-energy incorporation and micro grid drive, according to the company's top executive.

"China has determined its goals in carbon dioxide reduction. This goal is going to generate large investment in a lot of sectors," said Claudio Facchin, president of power grids division of ABB. The company offers technologies for clean-energy incorporation into the conventional grid in large and small scale, said Facchin.

According to Facchin, the company's high-voltage direct-current technology is able to ensure stable and cost-effective long-distance electricity transfer.