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.
Siemens acquires solar string inverter business strengthening its decentralized energy systems portfolio
Posted by
MarketsandMarkets on Mar 15, 2019 9:37:53 AM
0 Comments Click here to read/write comments
Topics: Energy and Power, micro-inverter market, String Inverter Market