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 ...
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 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 ...
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 ...