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Advanced Energy Industries, Inc.
Backed by nearly 30 years of experience perfecting power conversion solutions, Solaron® inverters enable customers to achieve the lowest levelized cost of energy (LCOE)
FORT COLLINS, Colo., Sept. 15, 2009—Advanced Energy® Industries, Inc. (NasdaqGM: AEIS) introduced today the Solaron® 500E, a European model of its high-efficiency, transformerless, grid-tie photovoltaic (PV) inverter. Operating at 500 kW, the Solaron 500E enables European commercial and utility-scale PV installations to achieve the lowest levelized cost of energy (LCOE) in the industry by increasing energy harvests and by reducing balance-of-system (BoS) and operating and maintenance (O&M) costs.
Rated at a record-setting 97.5 percent CEC-weighted (97.7 percent European-weighted) efficiency, the Solaron inverter enables higher energy harvests through its robust controls and patented soft-switching technology. The Solaron inverter’s transformerless design eliminates the need for a step-up transformer and makes it smaller and lighter than competitive products. The design of the Solaron inverter also allows multiple inverter connections to a single medium-voltage transformer, minimizing the number of such transformers required for a system. Additionally, the Solaron inverter comes in an outdoor-ready IP45 enclosure that eliminates the need for and the cost of additional heating and cooling systems. To reduce O&M costs, Advanced Energy offers industry-leading service and support, including extended warranties up to 20 years and customizable SafeGuard® service programs.
“Following the successful rollout of the Solaron platform in the U.S. market, we are pleased to now offer the same industry-leading, high performance features to the European market,” said Dr. Hans Betz, president and CEO of Advanced Energy Industries, Inc. “We believe our Solaron product delivers the most effective inverter solution and allows customers to achieve maximum power and cost performance from their systems.”
To learn more about AE’s expanding Solaron line of PV inverters, visit www.aesolaron.com.
About Advanced Energy®
Advanced Energy is a global leader in innovative power and control technologies for high-growth, thin-film manufacturing and solar-power generation. Specifically, AE targets solar grid-tie inverters, solar cells, semiconductors, flat panel displays, data storage products, architectural glass and other advanced applications.
AE’s solutions portfolio includes precise, flexible power systems; reliable gas and liquid flow-management systems; accurate thermal instruments and comprehensive global support services. Leveraging this portfolio and technology leadership, AE creates solutions aimed at maximizing process impact, improving productivity and lowering cost of ownership for its customers, including original equipment manufacturers (OEMs) and end-users around the world.
AE operates in regional centers in North America, Asia and Europe and offers global sales and support through direct offices, representatives and distributors. Founded in 1981, AE is a publicly held company traded on Nasdaq Global Market under the symbol AEIS. For more information, go to www.advanced-energy.com
This news release may contain forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. Please refer to the company’s SEC reports for a listing of such factors.
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Advanced Energy® and Solaron® are trademarks of Advanced Energy Industries, Inc.