IN DEPTH: Power-One guns for SMA

Power-One’s ability to overtake German rival SMA Solar as the world’s largest supplier of PV inverters has been supercharged by its recent acquisition by ABB, claims the head of the newly combined companies’ solar unit.

For Power-One, some of the most immediate impacts of the acquisition will be on the bankability of its inverters – making them even more attractive to buyers – and its ability to target far-flung emerging markets, says Alex Levran.

In 2012, more than 80% of sales at Power-One’s renewables division came from Europe. With the European inverter market shrinking more than 50% in revenue terms during the most recent quarter, however, geographical diversification is critical for the company.

The ABB acquisition “opens markets and geographies where we’ve planned to be, but obviously it Log in to read complete article.

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