Credit to Author: Sonal Patel| Date: Wed, 01 Jul 2020 20:09:29 +0000
The post Hitachi Absorbs ABB Power Grids in New $10B Joint Venture appeared first on POWER Magazine.
Hitachi on July 1 commandeered a majority share of ABB’s lucrative Power Grids business and officially launched a joint venture company—Hitachi ABB Power Grids. The new company, which already has a volume of about $10 billion, is expected to provide financial muscle to support ambitious projects and new business opportunities as the sector embraces decentralization […]
The post Hitachi Absorbs ABB Power Grids in New $10B Joint Venture appeared first on POWER Magazine.Read more