Global power and automation technology group ABB was recently awarded the Zayed Future Energy Prize in recognition of its efforts to drive innovation, renewable energy and energy efficiency.

"It is a great honor to have won the Zayed Future Energy Prize 2014," said Ulrich Spiesshofer, ABB chief executive officer. "ABB stands for power and productivity for a better world. This prize underlines our relentless drive for innovation to create new offerings and value propositions for our clients in the renewable-energy and energy-efficiency fields."

The Zayed Future Energy Prize was launched in 2008 to recognize and reward the very best solutions in renewable energy and sustainability. It was named in honor of the late Sheikh Zayed bin Sultan Al Nahyan, who was a founder and president of the United Arab Emirates (UAE).

"This award brings with it the responsibility to spread the vision and environmental stewardship of the late Sheikh Zayed bin Sultan Al Nahyan," Spiesshofer added. "We will ensure that ABB serves as a role model to promote the prize as an incentive to spur further innovation in sustainable energy technologies around the world. Winning this prize will strengthen our belief and make us even more determined to pursue our vision, mission and strategy toward sustainable energy and toward a sustainable future."

A leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact, the ABB Group of companies operates in nearly 100 countries and employs approximately 150,000 people.

For more information, visit www.abb.com.