Leading power and automation technology group, ABB will soon acquire Powercorp, an Australian renewable power automation company.
The acquisition will broaden ABB’s portfolio of automation and control systems used to manage the integration of renewable energy sources.
Employing around 30 people, the Darwin-based Powercorp offers automation and intelligent control solutions to manage renewable energy generation in isolated grids, ensuring utility grade power quality and grid stability.
Powercorp’s control technologies enable very high levels of wind and solar power penetration into isolated diesel powered grids, reducing emissions and dependency on fossil fuel.
Powercorp has installed several systems to integrate renewable power into remote grids and keep generation in balance with consumption. The company also supplies systems that dynamically store and release energy in response to frequency and voltage deviations to stabilise small or remote grids.
According to Axel Kuhr, country manager for ABB Australia, Powercorp brings expertise for the integration of renewable energy generation into conventional micro and remote island grids.
He adds that the bolt-on acquisition will introduce specialist know-how and solutions to ABB’s control systems offering, further strengthening their position in the renewable energy space.
Alan Langworthy, CEO of Powercorp comments that the acquisition will expand their global reach and help create optimal solutions for higher and better use of renewable energy generation.
ABB Australia represents the ABB Group in Australia.