Advanced Energy(R) and Suntech Announce Multi-Year Agreement for Solaron(R) Inverter Solutions
October 21 2009 - 11:12AM
PR Newswire (US)
AE inverter solutions selected for Suntech's Reliathon(TM) fully
integrated, solar-utility platform FORT COLLINS, Colo., Oct. 21
/PRNewswire-FirstCall/ -- Advanced Energy® Industries, Inc.
(NASDAQ:AEIS) announced today that it has entered into a multi-year
agreement with Suntech Power Holdings Co., Ltd. (NYSE:STP), the
world's largest producer of crystalline-silicon solar modules. This
agreement includes the range of AE's expanding Solaron® offerings,
including utility-scale, photovoltaic (PV) inverters, Remote PV Tie
(RPT(TM)) accessories and SafeGuard® support and service options.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030825/AEISLOGO) Dr.
Hans Betz, president and CEO of AE, noted, "AE is very pleased to
be part of this collaboration with a world leading producer of PV
crystalline-silicon modules. This agreement recognizes the value
that our high-performance inverter technology and comprehensive,
customizable services bring to the largest solar-power customers."
As a part of this agreement, Solaron inverters and services will
contribute to the innovation, dependability and cost-effectiveness
of Suntech's Reliathon(TM) platform, a simplified, integrated
program for designing and building utility-scale PV plants. To
learn more about AE's Solaron inverter solutions during Solar Power
International 2009, visit
http://www.advanced-energy.com/en/SOLAR2009.html and the company in
booth #2360. 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 operates in
regional centers in North America, Asia and Europe and offers
global sales and support through direct offices, representatives
and distributors. For more information, go to
http://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. Advanced Energy®, SafeGuard® and Solaron®
are trademarks of Advanced Energy Industries, Inc. Reliathon(TM) is
a trademark of SunTech Power Holdings Co., Ltd.
http://www.newscom.com/cgi-bin/prnh/20030825/AEISLOGO
http://photoarchive.ap.org/ DATASOURCE: Advanced Energy Industries,
Inc. CONTACT: Marna Shillman, Director, Global Marketing
Communications of Advanced Energy Industries, Inc.,
+1-970-407-6280, Web Site: http://www.advanced-energy.com/
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