ABB (NYSE:ABB) is spending $1 billion to buy Power-One (NASDAQ:PWER.DL), a major player in solar inverters. This is the latest move by a large energy company to buy into solar following Total (NYSE:TOT) and General Electric (NYSE:GE). Will we see more solar buyouts? Erin Miller sat down with Fool contributor Travis Hoium to find out.
Erin Miller and Fool contributor Travis Hoium have no position in any stocks mentioned. The Motley Fool recommends Total SA (ADR), and owns shares of General Electric and Power-One. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
