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 ...

ABB said its inverter business generated $290 million in revenue last year. A portfolio of products, systems, and services for different types of solar installations held by ABB’s ...

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 ...

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 ...

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 ...

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 ...

Following the success of the PVS800 central inverter series, ABB has released an extension ... reduce overall system cost of the solar photovoltaic (PV) plants with one of the most compact and ...

"We consider the acquisition of Power-One as a smart strategic move for ABB to broaden its solar product portfolio at the right time," Vontobel analysts said. The solar inverters business is one ...

Inverter manufacturer ABB India, a subsidiary of global technology firm ABB, has opened a solar inverter manufacturing facility in the southern city of Bangalore, Karnataka, which doubles the firm ...

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 of the ...

- 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.