PV Powered Wins Stage 3 Solar Energy Grid Integration System (SEGIS) Contract
September 13 2010 - 4:20PM
Business Wire
Advanced Energy Industries, Inc. (Nasdaq GM: AEIS) (“Advanced
Energy”) today announced that PV Powered, Inc., an Advanced Energy
company, has been selected to continue development work funded by
the U.S. Department of Energy (DOE) Solar Energy Technologies
Program (SETP) and administered by Sandia National Laboratories.
The effort is focused on lowering the barriers to adoption of solar
energy on the utility grids of North America. Stage 3 represents
the final stage of the competitive portion of the SEGIS program and
is focused on commercialization of the technologies developed under
previous stages.
Key development targets for this program include
commercialization of new algorithms to optimize the energy harvest
of the inverter and PV system, advanced communications technologies
that enable distributed PV systems to communicate with power
utilities, and next-generation controls functionality that will
allow utilities to manage networks of distributed power
sources.
The SEGIS program was chartered in 2008 by the U.S. Department
of Energy (DOE) as part of the Solar Energy Technologies Program
(SETP) focused on developing technologies that make solar power
cost-competitive with traditional generation sources. A key aspect
of this work is developing advanced functionality for utility
system integration. Leveraging a collaborative approach, PV Powered
assembled an industry team of experts comprised of Schweizer
Engineering Laboratories, Portland General Electric, Northern
Plains Power Technologies, and Sensus to address the barriers to
widespread adoption of PV.
“The Stage 3 award represents validation that PV Powered is on
track with delivering solutions aligned with the DOE’s fundamental
objective of enabling high-penetration PV,” said Steve Hummel, VP
Engineering at PV Powered. “This proactive program has catalyzed
key partnerships that are critical to solving some of the biggest
problems that utilities experience today with renewable energy, so
that we can deliver on the enormous promise of solar power.”
“Our SEGIS developments have been extremely well received by our
utility partners and customers,” said Dr. Hans Betz, chief
executive officer of Advanced Energy. “This program demonstrates
once again that Advanced Energy and PV Powered are the innovation
leaders in this industry.”
About PV Powered
PV Powered is an innovation leader for grid-tied PV inverters in
the residential, commercial and utility markets, setting new
industry standards in reliability and efficiency. Recently acquired
by Advanced Energy Industries (Nasdaq: AEIS), the company has
pioneered the use of advanced reliability engineering to design
inverters with a 20+ year operating life. PV Powered was selected
to receive a Stage 3 (Toward Commercialization) contract under the
Solar Energy Grid Integration System (SEGIS) program administered
by Sandia National Laboratories. The company is leading a team of
recognized distributed energy and smart-grid partners in developing
innovations that increase energy harvest, reduce the cost of PV
systems, and remove barriers to high levels of PV grid penetration.
PV Powered is a U.S.-based company and manufacturer, fully
compliant with the Buy American Act. For more information on the
company, visit www.pvpowered.com.
About Advanced Energy
Advanced Energy (NASDAQ: AEIS - News) 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
www.advanced-energy.com.
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