Energy Storage News•3 months ago
ABB acquires Gamesa Electric power electronics division for undisclosed sum
- •ABB has acquired Gamesa Electric's solar PV, wind inverter, and battery storage power conversion system (PCS) businesses, expanding its renewable energy power electronics portfolio.
- •This acquisition strengthens ABB's market position as a key OEM for critical components in utility-scale solar, wind, and energy storage projects.
- •Developers and IPPs may see increased integration and potentially streamlined supply chains for power conversion systems from a major, diversified supplier.
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