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ABB acquires renewable energy integration specialist

ABB is expanding its portfolio of control technologies for managing renewable energy integration through the acquisition of Australian renewable power automation company Powercorp.

By Kari Williamson

Powercorp offers automation and intelligent control solutions to manage renewable energy generation in isolated grids, ensuring utility grade power quality and grid stability. Its technology enables high levels of wind and solar power penetration into isolated diesel powered grids.

“Powercorp brings expertise for the integration of renewable energy generation into conventional micro and remote island grids,” says Peter Leupp, Head of ABB’s Power Systems Division. “This bolt-on acquisition will add specialist know-how and solutions to our control systems offering and further strengthen our position in the renewable space.”

The transaction is expected to close before year end.

No financial details on the transaction were offered by ABB.

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