Advanced Energy Celebrates Grand Opening of New Production Facility Dedicated to Solar Technology
December 16 2009 - 4:15PM
PR Newswire (US)
Expands Advanced Energy's Solaron(R) PV Inverter Manufacturing
Capacity in Response to Market Adoption FORT COLLINS, Colo., Dec.
16 /PRNewswire-FirstCall/ -- Advanced Energy Industries, Inc.
(NASDAQ:AEIS), today announced the grand opening of a new
production facility in Fort Collins, Colorado. The
state-of-the-art, 48,000 square-foot facility was designed to meet
emerging trends in the solar industry. The facility includes design
and development capabilities focused on next-generation solar
inverter technology, as well as a scalable manufacturing model to
meet the growing demand for its products. The new production
facility is currently configured to produce 250 megawatts of
Solaron® PV grid-tie inverter products annually and is expandable
to a capacity of more than one gigawatt. The company is marking the
opening of the facility with a special celebration at the new site
later today. (Logo:
http://www.newscom.com/cgi-bin/prnh/20030825/AEISLOGO) Hans Betz,
president and CEO, said, "Our investments in solar technology and
operational excellence have resulted in the award-winning Solaron
inverter product line, which is already delivering compelling
benefits for our customers. These products, combined with the
company's service and support leadership, have garnered strong
customer satisfaction by significantly reducing the levelized cost
of energy (LCOE). This new investment in expanded manufacturing
capacity demonstrates our commitment to the renewable energy
business and our confidence in future growth." Doug Hutchinson,
mayor of Fort Collins, noted, "It is exciting to see one of our
local companies successfully diversify into the renewables
industry. Clean energy is a key element of Colorado's economic
future, and the innovations developed by Advanced Energy and others
in the region will put us at the forefront of the new energy
economy." For more information on Advanced Energy's Solaron
inverter solutions, please visit http://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. Advanced Energy is
headquartered in Fort Collins, Colorado, with dedicated support and
service locations around the world. For more information, go to
http://www.advanced-energy.com/.
http://www.newscom.com/cgi-bin/prnh/20030825/AEISLOGO
http://photoarchive.ap.org/ DATASOURCE: Advanced Energy Industries,
Inc. CONTACT: Richard Roth, Vice President, Marketing of Advanced
Energy Industries, Inc., +1-970-407-6017 Web Site:
http://www.advanced-energy.com/
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