ABB buys solar energy firm for $1bn

Swiss engineering firm ABB is set to buy a Californian solar energy company for $1 billion (£656m). Power-One makes solar inverters (pictured), which converts direct current generated by solar cells into alternating current needed by electricity grids. According to ABB, the solar inverter market is forecast to grow by more than 10% a year until […]

ABB solves ‘100-year old electrical puzzle’

A power and technology firm claims it has solved a “100-year old puzzle” by developing the world’s first circuit breaker for high voltage direct current (HVDC). ABB claims the breakthrough will enable a more efficient and reliable electricity supply system capable of “interrupting” energy flows equivalent to the output of a large power station within […]