Siemens acquires solar string inverter business strengthening its decentralized energy systems portfolio

Posted by MarketsandMarkets on Mar 15, 2019 9:37:53 AM

German conglomerate Siemens acquired the solar string inverter business of KACO new energy GmbH, which specializes in the field of independent and decentralized energy supply. This acquisition will strengthen the decentralized energy systems portfolio of Siemens, which will get a fresh lease of life, through this acquisition.

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Topics: Energy and Power, micro-inverter market, String Inverter Market

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