Hitachi Completes Acquisition of ABB Power Grids to Tackle Renewable Energy’s Rise
GreenTechMedia
JULY 1, 2020
ABB’s Power Grids unit earned about $10 billion in annual revenues last year from its businesses ranging from high-voltage transmission systems and transformers to distribution grid controls and battery systems. A key focus will be on “building a zero-carbon society with various measures including the use of renewable energies.”
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