Yaskawa Electric Corp. has announced it will purchase Solectria Renewables through its U.S. subsidiary, Yaskawa America Inc. Solectria Renewables will continue to operate as a wholly owned subsidiary. Terms of the deal were not disclosed.
Headquartered in Lawrence, MA, Solectria manufactures high-performance photovoltaic (PV) inverters for the residential, commercial, and utility-scale power systems. The company employs over 160 people throughout the United States.