{"id":37870,"date":"2020-03-04T05:24:05","date_gmt":"2020-03-03T18:54:05","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=37870"},"modified":"2020-04-13T13:34:01","modified_gmt":"2020-04-13T03:04:01","slug":"fimer-abb-acquisition-complete-mb1430","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/fimer-abb-acquisition-complete-mb1430\/","title":{"rendered":"FIMER Acquisition Of ABB’s Solar Inverter Business Complete"},"content":{"rendered":"

\"FIMER<\/p>\n

Italy’s FIMER has completed acquisition of ABB’s solar inverter business – and is eager to get cracking on next steps.<\/p>\n

ABB announced<\/a> in July last year it was exiting its solar inverter business, which ABB acquired from Power-One back in 2013. At the time, ABB said the sale to FIMER would enable ABB to focus its business portfolio on other growth markets.<\/p>\n

Nearly 8 months on and that process is now complete, giving FIMER a presence in 26 countries and 3 manufacturing plants – two in Italy and one in India, with one in each country resulting from the acquisition.<\/p>\n

FIMER CEO Filippo Carzaniga said<\/a> his company’s next level strategy is focused around expansion opportunities into promising growth markets.<\/p>\n

“We strongly believe, this significant enlargement of our offering will represent a further step to serve all customers in all PV market segments and it will boost our position in a very competitive arena,” stated Mr. Carzinga.<\/p><\/blockquote>\n

One of the areas that will receive special attention is the micro-grid sector. A microgrid is a local network of electricity generation and energy storage sources able operate either connected to the mains grid or disconnected from it, such as in the scenario of a blackout. Microgrids are being increasingly considered and integrated in Australia in fringe-of-grid areas.<\/span><\/p>\n

ABB Inverter Owners And Warranty<\/span><\/h2>\n

The release announcing the acquisition completion didn’t mention anything about warranty coverage for owners of ABB inverters<\/a> – and there are quite a few of those in Australia as ABB has been a popular brand here. However, in the joint announcement in July last year it was stated<\/a>:<\/p>\n

“FIMER will honor all existing warranties and ABB will compensate FIMER for taking the business and its liabilities over.”<\/p><\/blockquote>\n

Last year ABB registered revenues of approximately USD $340 million for its solar inverter business. With the acquisition complete, FIMER says it has become the 4th largest supplier of solar inverters in the world and expects more than 7GW of inverter shipments during this year. FIMER has previously stated that prior to the acquisition, it was the world’s eighth largest inverter manufacturer – I assume that means by capacity rather than units shipped given its activities to date.<\/p>\n

FIMER has been around since 1942, when it kicked off activities related to welding. It started developing inverter technologies in 1983 and established a solar inverter division in 2007 – but until the acquisition had focused on utility scale solar energy applications.<\/p>\n","protected":false},"excerpt":{"rendered":"

Italy’s FIMER has completed acquisition of ABB’s solar inverter business – and is eager to get cracking on next steps.<\/p>\n","protected":false},"author":17,"featured_media":37871,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-37870","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nFIMER Acquisition Of ABB's Solar Inverter Business Complete<\/title>\n<meta name=\"description\" content=\"Italy's FIMER has completed acquisition of ABB's solar inverter business - and is eager to get cracking on next steps.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/fimer-abb-acquisition-complete-mb1430\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FIMER Acquisition Of ABB's Solar Inverter Business Complete\" \/>\n<meta property=\"og:description\" content=\"Italy's FIMER has completed acquisition of ABB's solar inverter business - 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The inverter, EV charger and energy storage firm says the acquisition by MA Solar Italy Limited marks an \"important turning point\" for the company; enabling it to bring\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"FIMER acquisition","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/12\/fimer-inverter-acquisition.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/12\/fimer-inverter-acquisition.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/12\/fimer-inverter-acquisition.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/12\/fimer-inverter-acquisition.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/12\/fimer-inverter-acquisition.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":54555,"url":"https:\/\/www.solarquotes.com.au\/blog\/fimer-inverter-battery-mb2181\/","url_meta":{"origin":37870,"position":2},"title":"New FIMER Solar Inverters And Battery For Australia","author":"Michael Bloch","date":"October 5, 2021","format":false,"excerpt":"Inverter and energy storage manufacturer FIMER has provided a glimpse of new solar products heading to Australia next year. If you haven't heard of FIMER, the company has been around for a long time and has produced inverters for large commercial and utility scale applications for decades. More recently, FIMER\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"FIMER PowerUNO, PowerTrio inverters and PowerX battery","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/10\/fimer-inverter-battery.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/10\/fimer-inverter-battery.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/10\/fimer-inverter-battery.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/10\/fimer-inverter-battery.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/10\/fimer-inverter-battery.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":48875,"url":"https:\/\/www.solarquotes.com.au\/blog\/fimer-inverter-switchdin-mb1935\/","url_meta":{"origin":37870,"position":3},"title":"FIMER Announces SwitchDin Compatibility","author":"Michael Bloch","date":"March 30, 2021","format":false,"excerpt":"Inverter manufacturer FIMER has announced some of its solar inverter models have been integrated with Australian SwitchDin technology, with more to come. What Is SwitchDin? SwitchDin is an Australian energy management software firm that makes distributed energy resources such as solar power and battery storage systems \"smart, visible and controllable\".\u00a0\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"FIMER solar inverters and SwitchDin","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/03\/fimer-inverters-switchdin.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/03\/fimer-inverters-switchdin.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/03\/fimer-inverters-switchdin.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/03\/fimer-inverters-switchdin.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/03\/fimer-inverters-switchdin.png?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":61960,"url":"https:\/\/www.solarquotes.com.au\/blog\/fimer-nsw-ev-grants-mb2481\/","url_meta":{"origin":37870,"position":4},"title":"FIMER Scores Spot In NSW EV Destination Charger Program","author":"Michael Bloch","date":"May 20, 2022","format":false,"excerpt":"FIMER's FLEXA AC Wallbox is among the EV chargers eligible\u00a0 for New South Wales' electric vehicle destination charging grants. Earlier this month, the New South Wales Government announced it would be offering $20 million in grants to support the installation of up to 3,500 electric vehicles chargers across regional areas,\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"FIMER Wallbox EV charger","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/05\/fimer-wallbox-grant.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/05\/fimer-wallbox-grant.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/05\/fimer-wallbox-grant.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/05\/fimer-wallbox-grant.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/05\/fimer-wallbox-grant.png?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":41306,"url":"https:\/\/www.solarquotes.com.au\/blog\/mccain-solar-ballarat-mb1603\/","url_meta":{"origin":37870,"position":5},"title":"Major Solar Power Plant For McCain Foods Australia","author":"Michael Bloch","date":"July 15, 2020","format":false,"excerpt":"McCain Foods Australia has announced construction of what it says is Australia\u2019s largest \u201cbehind-the-meter\u201d renewable energy system at its manufacturing facility in Ballarat, Victoria. The 8.2 megawatt project will consist of solar power and a co-generation anaerobic digester producing biogas from food waste. On the PV side of things (7MW),\u00a0\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"McCain Ballarat - solar power","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/07\/mccain-solar-ballarat.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/07\/mccain-solar-ballarat.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/07\/mccain-solar-ballarat.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/07\/mccain-solar-ballarat.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/07\/mccain-solar-ballarat.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/37870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=37870"}],"version-history":[{"count":5,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/37870\/revisions"}],"predecessor-version":[{"id":38888,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/37870\/revisions\/38888"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/37871"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=37870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=37870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=37870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}