News
Minister of Funds: Energy Price Freeze Necessary for Entire Year
The Minister of Funds and Regional Policy, Katarzyna Pełczyńska-Nałęcz, advocated for freezing energy prices for the entire year, deeming the current three-quarter freeze system unpredictable for citizens. The Minister of Climate, Paulina Hennig-Kloska, shares a similar stance.
ABB Finalizes Acquisition of Siemens' Small Electrical Equipment Business in China
ABB has completed the acquisition of Siemens' small electrical equipment business in China to expand its market reach and complement its regional offerings for smart buildings. The acquisition includes a comprehensive product portfolio, a strong distribution network in 230 cities, and 350 qualified employees. The transaction, announced on May 17, 2024, will enhance ABB's margins and product range, including smart home systems and locks, which will continue to be branded under Siemens through a licensing agreement. ABB is now well-positioned to offer integrated solutions that modernize buildings, improve energy efficiency, and address global carbon emission challenges.
IBC SOLAR and Huawei Announce Partnership
IBC SOLAR, a leading provider of comprehensive solar energy solutions, will expand its portfolio to include Huawei FusionSolar products starting April 2025. This partnership will offer customers a wider selection of high-quality products, including inverters, storage solutions, EV chargers, and accessories. Huawei Digital Power, a global leader in storage and inverter segments, will enhance IBC SOLAR's offerings with innovative and reliable solutions.