Powercorp provides automation and intelligent control solutions to manage renewable energy generation in isolated grids, ensuring utility grade power quality and grid stability.

The grid stability enables very high levels of wind and solar power penetration into isolated diesel powered grids, thus reducing emissions and dependency on fossil fuel.

ABB Power Systems division head Peter Leupp said Powercorp brings expertise for the integration of renewable energy generation into conventional micro and remote island grids.

"This bolt-on acquisition will add specialist know-how and solutions to our control systems offering and further strengthen our position in the renewable space," Leupp said.

Powercorp also supplies systems that store and release energy in response to frequency and voltage deviations, to stabilize small or remote grids.

The transaction is expected to close before year end.