And today there’s another M&A splash in solar PV inverters: Swiss machinery component conglomerate ABB is acquiring No. 2 PV inverter company Power-One for approximately $1 billion. The $6.35 ...

- Business WireABB and the Italian company FIMER S.. announced today that they have signed an agreement for FIMER to acquire ABB's solar inverter business.

ZURICH--(BUSINESS WIRE)--ABB has completed its divestment of its solar inverter business to the Italian company FIMER SpA. The transaction enables ABB’s Electrification business to improve the ...

Inverters convert the direct current generated by solar cells into the alternating current needed by electricity grids Swiss engineering firm ABB has said that it will buy Californian solar energy ...

The buyer stated “the transaction positions ABB as a leading global supplier of solar inverters, which play a critical role in converting the sun's energy into electric current and controlling its ...

ABB (NYSE: ABB) plans to open a solar inverter production line in South Africa by 2014, according to Electric Light & Power/POWERGRID International. The facility will help support the rapidly ...

Swiss engineering group ABB is aiming to become one of the world’s largest suppliers of solar inverters to target the solar photovoltaic (PV) industry as it is to acquire the US renewable energy ...

The new ABB inverter station is a compact and robust solution that houses all the equipment that is needed to rapidly connect two central inverters to a medium-voltage (MV) transformer. A station ...

NEW DELHI: ABB India will provide solar inverters to 750 railway stations in north India in a bid to reduce dependence on traditional sources of energy. Indian Railways, which runs one of the ...

ABB has been awarded contracts for supplying solar inverters for approximately 33 megawatt (MW) in Greece. These inverters are to be used in several different system integrators projects ...

The plant adds to ABB’s existing inverter facilities in Estonia, India and China. ABB is already embedded in the South African solar market, which has gathered pace thanks to support from the ...

ABB and the Italian company FIMER S.p.A announced today that they have signed an agreement for FIMER to acquire ABB’s solar inverter business. The transaction will enhance the future prospects ...