This Swiss giant is following a trend as large multinational high-tech companies see their role as redesigning infrastructure rather than supplying inverters at ever lower margins. Schneider Electric ...

Technology giant ABB has completed its strategic retreat from the solar inverter sector, but insisted it is not yet done with solar PV. Today, the Zurich-headquartered group confirmed it has finalised ...

ABB s PVS980 central inverter an essential component in every solar installation that converts direct current (DC) produced in solar panels into alternating current (AC) for use by electrical grids ...

ABB has accepted it needs to cough up hundreds of millions to part ways with the solar inverter market, a segment it sees as under pressure from declining revenues and low Chinese prices. The ...

ABB on Sunday announced the signing of an agreement with FIMER SpA of Italy under which FIMER will acquire ABB’s solar inverter business. The transaction will enhance the future prospects of the solar ...

Power and automation technology firm ABB India today inaugurated a new solar inverter manufacturing facility in the city (Bengaluru) to double its output capacity. The factory was inaugurated by ...

New Delhi, Aug 31 () ABB India will provide solar inverters to 750 railway stations in north India in a bid to reduce dependence on traditional sources of energy. New Delhi, Aug 31 () ABB India will ...

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 focus ...

ZURICH--(BUSINESS WIRE)--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 ...

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 ...