Wednesday, 10 July 2019

Italian Company FIMER has acquired ABB's Solar Business


There is a Big News in Solar Business.

Italian Company FIMER has taken over ABB's Solar Inverter business worldwide.

                             


Earlier in 2013 ABB had acquired Solar Inverter business from Power One. Recent report says ABB was the top supplier for Solar Inverter in 2018 in India. Even in 2017 also ABB emerged as a market leader in solar business.  

But Now ABB wants to focus in its core business Automation & Control & FIMER also great leader in solar segment so this transaction will enhance the market share of FIMER. 

According to statements, ABB & FIMER both the companies will ensure smooth transition of customer & employees and FIMER will honor all the existing warranties and ABB will compensate to FIMER for taking over its business & liabilities. The completion of these acquisition processes is expected in first quarter of 2020. 

President of ABB’s Electrification business commented on this development saying, “The divestment is in line with our strategy of ongoing systematic portfolio management to strengthen competitiveness, focus on the quality of revenue and higher growth segments. Solar is a well-established and key focus for FIMER and as such we believe them to be a very good owner for ABB’s solar inverter business. The combination of the portfolios under FIMER will support further sales growth. Through our intelligent low- and medium-voltage offering, ABB will continue to integrate solar power into a range of smart solutions including smart buildings, energy storage, and electric vehicle charging.”
Filippo Carzaniga, Chief Executive Officer of FIMER, said, “We are glad to announce this further step in our development as FIMER’s focus on the solar business will be greatly enhanced by this integration. Our commitment to positively influence the energy market will be realized through the development of new product platforms and innovative digital technologies. We will continue the excellent job carried out by ABB in recent years, combining precious resources, knowledge, and expertise in Italy and worldwide. With a strengthened portfolio, we are better placed to shape the future of this increasingly strategic business.”




Friday, 8 March 2019

INVT solar Inverter - Best Solar Inverter Manufacturer


INVT is a Shenzhen (China) based drive manufacturing company. It was founded in 2002. In 2010, its share listed in Shenzhen stock market. They have 13 major R&D centers. It is amongst the first 10 Brand of solar Inverter manufacturer in Chia. They are also manufacturing Solar Inverters. There are three types of Solar Inverter – 1) On Grid Series 2) Hybrid Inverters 3) Off Grid Series Inverters.


On Grid Inverters: INVT iMARS series string ON grid Inverters. It has high conversion efficiency, Safe and stable performance. They are widely used in small & medium sized photovoltaic power generation systems.
Model available in On Grid Inverters are:

     1. MG 0.75-3 KW Single Phase 
     2. MG  3 - 6 KW Dual 
     3. MG  4 - 5 KW Single Phase 
     4. MG  4 - 10 KW Three Phase 
     5. BG 12 - 17 KW Three Phase 
     6. BG 40 - 70 KW Three Phase 

Hybrid Inverters: iMARS BD series energy storage products. They are divided into energy storage inverters (3K/5K), Energy storage integrated machine & Energy storage AC coupled inverter. This series inverters can be widely used in various places such as house hold, Industrial and commercial energy storage.
There are three types of Model:

     1. BD PS AC Coupled Inverter
     2. BD Hybrid Inverter
     3. BD -HS All in One Hybrid System


OFF Grid Inverter: iMARS BN series single phase off grid inverters adopts integrating systems of isolated UPS function and solar Inverter to provide the flexible and reliable system solution for residential &industrial requirements.

      1. BN 1 -2KW Off Grid Inverter
      2. BN 3 - 6 KW Off Grid Inverter 
      3. BN 0.7 - 4 KW Solar Pump Inverter


Featured Post