ABB Invests in Direct Current Microgrid Start-Up Direct Energy Partners to Accelerate Energy Transformation in 2023
March 20, 2023 ABB is entering into a strategic partnership with Direct Energy Partners (DEP), a start-up using digital technology to accelerate adoption of Direct Current (DC) microgrids. The partnership involves a minority investment in Direct Energy Partners through ABB’s venture capital unit, ABB Technology Ventures (ATV). Financial details of the investment were not disclosed. About Direct…