WARSTEIN-BELECKE, Germany, Wednesday, July 21st 2010 [ME NewsWire]:
Independent Testing of Protect PV.250 Inverter Yields Remarkable Performance Results -
Already 40 megawatts ordered
(BUSINESS WIRE)-- A report jointly issued by the Fraunhofer Institute for Solar Energy Systems (ISE) and Bureau Veritas shows that AEG Power Solutions’ (Euronext: 3WP) Protect PV.250 solar inverter offers remarkable efficiency. Energy conversion efficiency testing conducted according to European Standard EN 50530 yielded a very high efficiency grade of 98.7%.
AEG Power Solutions, wholly-owned by 3W Power Holdings S.A. (Euronext Amsterdam 3WP, ISIN GG00B39QCR01, WKN A0Q5SX), is a global provider of premium power electronics.
Energy conversion efficiency testing was conducted at eight different power levels, nine DC voltage levels and for two module technologies (thin film and crystalline technology, both used in solar farms). MPPT testing, performed by ISE according to the same European EN 50530 standard, yielded a Maximum Power Point (MPP) efficiency grade of 99.99%. ISE also reported that the PV.250 inverter, launched in Sept. 2009, successfully complied with EN 50530 dynamic requirements.
Testing was conducted by Fraunhofer ISE, the largest solar energy research institute in Europe, and by Bureau Veritas, an international group specialized in the inspection, analysis, audit, and certification of products, infrastructure and management systems according to regulatory or voluntary standards.
Designed for power plants generating from one to several hundred megawatts, the AEG Power Solutions Protect PV.250 inverter was developed and is manufactured in Warstein-Belecke, Germany.
Orders totalling 40 MW were already booked at the end of the second quarter, mainly for Germany, the Czech Republic and Italy, but also for Belgium and France. Certification for Italian grid operator ENEL has also been achieved. This means PV 250 will soon be included in the ENEL listing, a very promising achievement for AEG Power Solutions on this market.
One of the first Protect PV.250 installed is part of the equipment of the solar farm of the city of Hungen in Germany. “The performance of the solar park is considerably higher than what the forecast and the efficiency study calculated. We are very satisfied.” Technical Manager Thomas Weichmann comments.
"With the PV.250 technology in general, and especially with the infrastructure of the plant in Warstein-Belecke, AEG Power Solutions is very well positioned to fulfil all photovoltaic power plant requirements – today and in the future, in Germany and elsewhere,” said Enrique de la Cruz, VP Solar Strategic Business Unit .
With DC voltage capability up to 1000 V, the Protect PV.250 enables customers to achieve optimal power efficiency thanks to its field-programmable gate array (FPGA) control system. Specifically engineered to meet the requirements of utility-grade applications, the Protect PV.250 can be customized to each application thanks to a range of available options and its unique container design.
AEG PS started developing solar activity and products based on its sound power expertise two years ago. Its sales in solar inverters should be multiplied by 10 this year.
About AEG Power Solutions
AEG Power Solutions is a global provider of premium power electronics. It offers one of the world’s most comprehensive product and service portfolios in power conversion and control, for customers spanning the infrastructure markets of energy, telecom, lighting, transportation and general industrial sectors. System solutions from AEG PS are designed to interface with the electrical power grid and to offer power solutions for mission-critical applications in harsh environments, such as power plants, offshore oil rigs, chemical refineries, and utility-scale renewable energy plants. The company has developed a full range of products for the solar energy industry, from solar inverters to turnkey solutions and is investing in solutions that will enable distributed power generation and smart micro-grids.
Headquartered near Amsterdam, AEG PS generated revenue of €400 million in 2009 with more than 1,500 employees around the world.
AEG Power Solutions became a public company in 2009 following a business combination with 3W Power Holdings S.A. (formerly Germany1 Acquisition Ltd). Shares in the combined company are listed on Euronext Amsterdam (ticker: 3WP).
This communication does not constitute an offer or the solicitation of an offer to buy, sell or exchange any securities of 3W Power. This communication contains forward-looking statements which include, inter alia, statements expressing our expectations, intentions, projections, estimates, and assumptions. These forward-looking statements are based on the reasonable evaluation and opinion of the management but are subject to risks and uncertainties which are beyond the control of 3W Power and, as a general rule, difficult to predict. The management and the company cannot and do not, under any circumstances, guarantee future results or performance of 3W Power and the actual results of 3W Power may materially differ from the information expressed or implied in the forward-looking statements. As a result, investors are cautioned against relying on the forward-looking statements contained herein as a basis for their investment decisions regarding 3W Power.
3W Power undertakes no obligation to update or revise any forward-looking statement contained herein.
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