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 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 ...

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 ...

Switzerland’s ABB has this week unveiled details of a suite of new solar inverters designed to broaden its portfolio and augment its pivot towards greater digitalization across all of its business ...

Switzerland-based company ABB is set to deliver solar power inverters to 750 railway stations across the northern part of India, as part of an initiative to reduce the need for conventional ...

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 ...

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. Read Less will provide solar ...

Center will feature a 400 megawatt per year capacity as well as an engineering center to support inverter production and nearby motors and drives factories. Alternative energy may still be slow to ...

ABB completed its estimated $1-billion takeover of California-based supplier of power-conversion and power-management systems Power-One Inc. The deal was announced in April, cleared anti-trust ...

ABB called out by UK Solar Trade Association over quality and customer support The STA has warned Italian company Fimer, which is set to acquire Swiss company ABB’s inverter business, it will have to ...

Production to start in 2014, delivering central inverters with a capacity of up to 1,000 kW Zurich, Switzerland, May 17, 2013 ABB, the leading power and automation technology group, plans to start ...

ABB, the leading power and automation technology group, has delivered and commissioned key components to integrate renewable energy from Amcorp Power Sdn Bhd’s Gemas 10.25 Megawatt (MW) Solar Power ...