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 ...

The new 875 and 1000 kilowatt (kW) central inverters reduce overall system cost and have even higher total efficiency with one of the most compact and easy-to-maintain designs on the market. 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 scattered ...

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 ...

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 announced at its ABB Customer World – Australia event in Melbourne that its new ABB’s PVS-100/120 range of cloud connected, three-phase string inverter solutions for cost efficient decentralised ...

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 has consolidated its solar inverter leadership in India with 1 GW in new business, doubling its installed base in just five months to support half of India’s 4.1 GW of total installed solar ...

Sydney, Australia, June 28, 2016 – ABB’s PVS980 central inverter – an essential component in every solar installation that converts direct current (DC) produced in solar panels into alternating ...

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-based ABB will open a new inverter line at an existing production plant in Johannesburg in 2014. It will turn out ABB’s PVS800 range of central inverters, with a production capacity of about ...