Top 10 Inverter Companies for Rooftop Solar in India Updated On Mon, Jun 1st, 2020 by Saurenergy With India signed the Paris accord in 2015 to reduce its carbon footprints significantly by 2030, the road towards increasing the clean energy generation in the country’s aggregate energy mix opened. It provides the country with a new vision of achieving higher targets of (175 GW) renewable energy by 2022 and dampens the fossil fuel-based […] Read more
Top 10 Solar Inverter Companies in India Updated On Fri, May 22nd, 2020 by Saurenergy With growing economic activity and growth, India’s power consumption too reached to 1,164 TWh till November 2019. That makes India the third ranked country among the top ten electricity consuming countries globally, as per IEA data. This speed of economic development was aligned with clean energy and climate goals after India signed the Paris agreement […] Read more
Covid-19 Hurts ABB’s Q1 Results; Revenue Slips across Businesses Updated On Tue, Apr 28th, 2020 by Saurenergy Tech giant ABB has reported a significant drop in its first-quarter results of 2020 as its net income declined by 30 percent to USD 376 million on the back of coronavirus pandemic. The company’s net income remained at USD 535 million during the same period a year ago, ABB said in a statement. Further, it’s […] Read more
ABB Completes Acquisition of Chinese EV Charging Provider Chargedot Updated On Wed, Mar 18th, 2020 by Saurenergy ABB has announced that it has completed its acquisition of a majority stake in Chargedot Shanghai New Energy Technology Swiss-Swedish multinational corporation ABB has announced that it has completed its acquisition of a majority stake in Chargedot Shanghai New Energy Technology (Chargedot). Since its establishment in 2009, Shanghai-based Chargedot has made a significant contribution to […] Read more
ABB Successfully Completes Divestment of Solar Inverter Biz To FIMER Updated On Mon, Mar 2nd, 2020 by Saurenergy ABB, a technology leader driving the digital transformation of industries, on Monday said that it has completed the divestment of its solar inverter business to FIMER SpA, an Industrial equipment supplier in Italy. The Swiss-Swedish multinational corporation further said that, this transaction enabled it’s Electrification business to improve the focus of its business portfolio on […] Read more
Ashok Leyland, ABB Ink MoU in E-Mobility Space Updated On Mon, Jan 20th, 2020 by Saurenergy Hinduja Group’s flagship firm Ashok Leyland entered into a Memorandum of Understanding (MoU) in the public e-mobility space with ABB Power Products and Systems India Ltd. Through this MoU, the two companies aimed to expand the eco-system for efficient and greener electric bus (e-bus) transportation systems in India. The motive behind the agreement was to […] Read more
Ryder, ABB & In-Charge Unveil EV Charging Solution for Fleet Operators Updated On Fri, Jan 3rd, 2020 by Saurenergy Ryder System, In-Charge Energy, and ABB have jointly announced a first-of-its-kind partnership to provide EV charging infrastructure for fleet operators Ryder System, a leader in commercial fleet management, dedicated transportation, and supply chain solutions, In-Charge Energy, a privately-held energy solutions company based in California, and ABB, a global technology leader in electrification, have jointly announced a first-of-its-kind partnership to provide nationwide […] Read more
ABB to Connect World’s Largest Offshore Wind Project to UK Grid Updated On Thu, Oct 31st, 2019 by Saurenergy ABB has been selected to connect the world’s largest offshore wind farms in the Dogger Bank region to the UK transmission network. ABB has been selected by UK-based SSE Renewables and Norwegian firm Equinor to supply its high-voltage direct current (HVDC) Light converter systems to connect the world’s largest offshore wind farms in the Dogger […] Read more
ABB Acquires Chinese EV Charging Provider Chargedot Updated On Tue, Oct 29th, 2019 by Saurenergy ABB is to acquire a majority stake of 67 percent in Shanghai Chargedot New Energy Technology, a leading Chinese e-mobility solution provider. ABB is to acquire a majority stake of 67 percent in Shanghai Chargedot New Energy Technology Co., Ltd. (Chargedot), a leading Chinese e-mobility solution provider. The transaction is expected to be completed in […] Read more
