After the bombshell new this week, the Italian inverter manufacturer’s CEO spoke to pv magazine about the future of ABB’s R&D hubs, manufacturing sites, hundreds of employees and of course Fimer’s outlook.
This Swiss giant is following a trend as large multinational high-tech companies see their role as redesigning infrastructure rather than supplying inverters at ever lower margins. Schneider Electric has pulled out of large scale solar, Siemens’ Kaco acquisition and Junelight launch show increasing interest in the C&I and residential markets, and GE is likely to divest its power conversion business due to low profit margins in that sector.
Two of the nation’s largest commercial fleet operators have pledged to go all-electric by 2030, beating the government’s ambition by a decade, and carmaker Jaguar Land Rover has made a big electrification announcement – but insisted the politicians need to show similar bold ambition.
pv magazine caught up with the chief exec of the pay-as-you-go solar home system provider to get his thoughts on the claim mini and microgrid business models don’t stack up and the suggestion government-driven utility scale solar should light the way in the sub-Saharan marketplace.
Roth Capital Partners has reported the inverter maker ceased U.S. sales on Friday, laying off all its U.S. citizen staff amid rising tensions between the Trump administration and China.
The Norwegian manufacturer has delayed full shutdown of its U.S. polysilicon operation until mid July as President Trump and his Chinese counterpart are scheduled to hold talks in Osaka in two weeks’ time.
Initially, the company will construct a 16 GWh factory plus a joint venture fab with Volkswagen in Germany, which will also have a throughput of 16 GWh. Both factories could be extended to tap further into the large market for battery cells in Europe.
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