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 ...

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 ...

A pair of analyst reports issued last week came to roughly the same conclusion about the market for solar PV inverters: It’s getting crowded and complicated, with top incumbents facing challenges in ...

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 ...

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 ...

Diversified energy firm ABB is taking a charge to exit another of its power businesses and focus on its core electrification segments. The Swiss technology giant is shipping its solar inverter ...

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 focus ...

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 scattered ...

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 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 ...