Featured in Yes, PV can – 10-2014

ABB going big on storage and renewables

Batteries and power conversion: Last month in London ABB gathered journalists and investors from around the globe to unveil its strategic and financial plan for the vast business. Much was made of the companys 2014 acquisition of inverter manufacturer Power-One and the fact that ABB is now the second biggest inverter manufacturer in the world. Otto Preiss, the groups senior vice president, and head of the power conversion unit, spoke with pv magazine about the role the former PowerOne is playing in ABBs business and its collaboration with BYD in the battery space.

By

pv magazine

01 Oct 2014

pv magazine: At the Capital Markets event, ABB CEO Ulrich Spiesshofer spoke about how the company is targeting “organic growth.” How important is the power conversion business unit that you head for this aim? Otto Preiss: I believe it is very important. I think our business unit is a hotspot at the intersection of some …

This article is part of pv+

Subscribe digitally to unlock exclusive investigative reporting, expert insights, in-depth analysis, and premium background coverage. Your subscription also includes full access to the digital edition of our magazine.