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ABB invests in Gridcog’s digital platform to scale next-generation energy projects

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ABB invests in Gridcog which provides a digital platform for next-generation modeling of complex microgrids, distributed energy resources (DERs) and energy-as-a-service solutions for utilities, independent power producers and commercial & industrial customersPartnership helps customers adopt energy efficient solutions by designing, comparing and validating complex energy projects faster, with clear visibility on both financial performance and carbon impactGridcog’s software combined with ABB’s advisory and engineering services will accelerate the shift toward integrated, service-led energy solutions for commercial and industrial customers

ZURICH, July 14, 2026 /PRNewswire/ — ABB has made a strategic minority investment in UK-based startup Gridcog to accelerate advanced modelling capabilities supporting the deployment of renewable generation and storage, industrial microgrids, distributed energy resources (DERs), alternative energy procurement strategies and energy-as-a-service solutions.

This partnership will help ABB’s customers design, compare and validate complex energy projects with clear visibility on both cost and carbon impact from the earliest stages. The financial terms have not been disclosed.

As electrification accelerates and renewables pass one-third of global power generation, energy systems are becoming more complex, driving demand for flexible, decentralized energy resources that require deeper technical, financial and environmental analysis.

Gridcog’s software platform enables rapid scenario modelling, design and simulation to support more consistent and transparent business cases for renewable and energy transition projects across different geographies, energy markets and asset types. The platform helps quantify both financial performance and carbon emissions impact, supporting commercial and industrial customers in building credible and data-driven net-zero roadmaps.

Stuart Thompson, President of ABB’s Electrification Service division, said: “By combining Gridcog’s modeling capabilities with our energy advisory and microgrid engineering expertise, we can help customers move faster from concept to implementation, as they adopt innovative technologies and business models to support their energy management goals. Together, ABB and Gridcog will focus on helping customers navigate an increasingly complex and constantly evolving energy landscape, reduce emissions and unlock more value from distributed energy resources, while supporting ABB’s growth in digital, energy advisory and service-led business models.”

As the latest addition to ABB’s growing innovation ecosystem, the collaboration with Gridcog strengthens ABB’s ability to connect software, hardware and services into more integrated as-a-service offerings. It is targeted at commercial and industrial customers seeking alternative technology solutions that deliver both economic and sustainability benefits.

Fabian Le Gay Brereton, Gridcog’s CEO, said: “ABB’s investment is a strong signal of how critical advanced modelling has become in managing the dynamic nature of the energy ecosystem. At Gridcog, we are focused on giving customers the clarity they need to make confident decisions about complex energy systems. Together with ABB, we can help businesses move faster from idea to implementation, with a clear view of both the financial case and the carbon impact.”

ABB is leading this funding round and is joined by AXPO, DNV and Verbund Ventures. At the same time, Albion and Clean Energy Finance Corporation maintain their presence as key shareholders.

This investment through ABB Electrification Ventures, the venture capital arm of ABB’s Electrification business area, is a key addition to ABB’s venture capital investments, reflecting the company’s commitment to building an ecosystem of innovative partners developing solutions that support productivity, efficiency, and sustainability. With this latest partnership, ABB Electrification Ventures has invested more than $110 million in 16 startups since 2021. ABB Electrification Ventures is part of the group-wide venture capital investment framework, ABB Ventures. Since its formation in 2010, ABB’s venture capital unit, ABB Ventures, has invested around $500 million into startups that are aligned with its electrification, automation and motion portfolio.

ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this ‘Engineered to Outrun’. The company has over 140 years of history and around 110,000 employees worldwide. ABB’s shares are listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB). www.abb.com

About Gridcog

Gridcog is the trusted platform for modelling energy flexibility. It gives energy professionals developing, investing in and operating the projects driving the energy transition one complete and transparent platform to model generation, storage, flexible load, grid constraints, network tariffs and market participation across the full project lifecycle. Originally founded in Australia and now with offices in London, Berlin, Madrid, Perth and Melbourne, Gridcog supports project developers, investors, utilities, energy majors and consultants worldwide. www.gridcog.com

For more information, please contact: 

Media Relations
Phone: +41 43 317 71 11
Email: media.relations@ch.abb.com

Investor Relations
Phone: +41 43 317 71 11
Email: investor.relations@ch.abb.com

ABB Ltd
Affolternstrasse 44
8050 Zurich 
Switzerland

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SOURCE ABB

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Capturing the Beauty of Anhui through Images–2026 Anhui Photography Season Concludes

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HUANGSHAN, China, Nov. 7, 2026 /PRNewswire/ — A news report from Crionline.

Spanning summer and autumn across three successive photography tours, the “Picturesque Anhui • Imaging Anhui” 2026 Anhui Photography Season officially wrapped up on November 4. Co-hosted by the Fédération Internationale de l’Art Photographique (FIAP), the Anhui Provincial Department of Culture and Tourism, and the Foreign Affairs Office of Anhui Provincial People’s Government, the event drew 116 photographers from 38 countries and regions. They visited 46 distinctive cultural and tourism attractions across five cities: Hefei, Chizhou, Anqing, Huangshan and Xuancheng. Through their lenses, they presented Anhui’s landscapes, cultural heritage and vibrant everyday life to the world.

Looking back on the three sessions: The first session kicked off in Hefei. Photographers documented the city’s innovation-driven urban landscape as well as the picturesque scenery and intangible cultural heritage of Chizhou’s ancient villages. The second session took them deep into Huangshan and Anqing. They explored time-honored Huizhou villages, magnificent mountains and Huangmei Opera culture, immersing themselves in Huizhou traditions and the cultural charm of the Yangtze River region in western Anhui. The concluding third session was held in Huangshan and Xuancheng, focusing on brilliant autumn hues, Huizhou‑style ancient architecture, and the traditional craftsmanship behind the Four Treasures of the Study.

From lush summer greens to rich autumn colours, the photographers produced more than 11,000 high‑resolution photographs. Reflecting the unique perspectives of international participants, these images will be disseminated globally in diverse forms. They will help tell compelling stories of Anhui’s cultural tourism and further boost the province’s international profile.

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SOURCE Crionline

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JOYEE N01 Global Mass Production Launch and First Batch Delivery of 2,000 Overseas Orders Kicks Off

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YANCHENG, China, Nov. 7, 2026 /PRNewswire/ — On October 28, the ceremony for the global mass production launch of the JOYEE N01 and the first batch delivery of 2,000 overseas orders was grandly held at the Yancheng Branch of China FAW. At the event, FAW Bestune delivered the first batch of 500 vehicles to African customers, marking the official entry of the JOYEE N01 into the global market.

As a flagship product, the BESTUNE XIAOMA has earned recognition from nearly 300,000 users since its launch in 2024. Built upon this blockbuster model and refined with a user-centric philosophy, the JOYEE N01 is an upgraded masterpiece — a solid step forward in elevating the user experience with a global vision.

The JOYEE N01 carries forward the adorable design language: rounded body lines paired with a rich array of exterior color options, winning over young families at first glance. All trims come standard with CATL batteries, delivering a maximum range of over 300KM. The four-door design ensures convenient access to the rear seats. In terms of safety, drawing on FAW’s 70-plus years of automotive manufacturing heritage, the vehicle is fully equipped with a high-strength steel body, dual front airbags, and an electronic stability control system. The product is scheduled to roll out in overseas markets one after another in the fourth quarter of 2026.

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7th World Media Summit opens in Beijing

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BEIJING, Nov. 7, 2026 /PRNewswire/ — The 7th World Media Summit held its opening ceremony in Beijing on Saturday under the theme “Media in the Intelligent Age: From Consensus to Action.”

Xinhua News Agency and the Beijing municipal government jointly organized this year’s summit, which runs from Thursday to Monday.

It drew nearly 500 representatives from nearly 330 mainstream media outlets, think tanks and government bodies from 112 countries and regions, as well as the United Nations and other international organizations.

Li Shulei, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and head of the Publicity Department of the CPC Central Committee, delivered a keynote speech at the opening ceremony.

The World Media Summit was initiated in 2009 and is now a major global platform for media exchange and cooperation. The last summit was held in Urumqi, the capital city of northwest China’s Xinjiang Uygur Autonomous Region, in 2024.

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SOURCE Xinhua News Agency

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