Power-One Renewable Energy to transition to ABB brand
Power and automation technology group ABB has announced that the Power-One Renewable Energy business will transition to the ABB brand this month as part of the planned integration of the company.
ABB acquired Power-One, said to be the world’s second largest manufacturer of photovoltaic inverters, in July 2013. The Power-One Renewable Energy product offering will remain intact under the ABB brand, and all of its product certifications in all countries will remain valid.
“By transitioning Power-One’s Renewable Energy business to the ABB brand, we will be able to take full advantage of the combination of these two companies,” said Pekka Tiitinen, head of ABB’s Discrete Automation and Motion division. “We will have one of the most comprehensive solar inverter offerings under one brand, meeting customers’ needs across all key segments - utility, commercial and residential.”
“Solar is an important and rapidly growing part of our global energy mix, and ABB remains confident about the continued importance of this segment,” said Otto Preiss, head of ABB’s Power Conversion business unit. “ABB’s position in solar is built on a combination of leading technologies, customer intimacy and a unique knowledge of local grids. By transitioning the Power-One Renewable Energy business under the ABB brand, it will allow us to focus on and invest in one strong and powerful brand around the world.”
The unified Power-One and ABB solar inverter product offering will be on display together for the first time at a number of trade events, including Solarexpo (Milan on 7-9 May), Intersolar (Munich on 4-6 June), PV America (Boston on 23-25 June) and Intersolar North America (San Francisco on 8-10 July)
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