Eltek Valere Announces Solar Inverter Product Family during Intersolar Show
(Thomson Reuters ONE) -
DRAMMEN, NORWAY - June 9, 2010 - Eltek Valere
today announced a new family of solar inverters
Europe, the world's largest solar exhibition that runs from 9-11 June in Munich,
Germany. The launch marks Eltek Valere's strengthened position in the rapidly
growing market for components for solar power industry.
"Eltek Valere is well positioned to take market share in the very interesting
and rapidly growing solar inverter market," said Rune Finne, CEO Eltek ASA. "Our
expertise in power electronics, our established logistics chain -- from
component to customer delivery -- and our global network of sales and service
experts provides great advantages."
During the show
inverters. Solar inverters are the power electronics that convert the energy
from the solar panel to AC power that can be fed into the electricity grid. The
new product line from Eltek Valere sets a new standard for isolated string
inverters, with its high efficiency.
"The Theia HE-T family is unique in the solar inverter market with its high
efficiency power conversion technology, global regulatory approvals and price
competitiveness. High efficiency is crucial to maximizing the return from the
solar plants," said Ingar Apeland, VP Renewable Energy at Eltek Valere. "Theia
HE-T can also be used with all available solar panel technologies in the world,"
Market Outlook
The rapidly growing market for solar inverters is already larger than Eltek
Valere's primary market for telecommunications power systems. Eltek Valere also
announced it has signed a Memorandum of Understanding to deliver solar inverters
to the solar installations planned by SanSca for the Chinese "Golden Sun"
project, in co-operation with Dateng Renewable Energy Corporation. SanSca is a
company established by Scatec and the Chinese Sanhe Group.
"The market in countries like Germany and Italy has all ready exceeded
expectations. In addition there is a rapidly growing interest in, among others,
Middle East, Asia and North America. We have already won several contracts and
our order book is increasing rapidly. We are therefore very excited to see the
response on our new product line at the InterSolar fair," Apeland said.
About Eltek
Eltek is a strategic technology partner within power solutions and microwave
radio transmission, through its three business units Eltek Valere, Nera Networks
and Nera Telecommunications. The company reported revenue of NOK 5.8 billion in
2009, and had close to 3,330 employees in more than 50 countries at the end of
the year. Eltek is listed on Oslo Stock Exchange and headquartered in Drammen,
Norway.
Eltek Valere is a technology leader developing and marketing high-efficiency
(HE) power solutions for telecom and industrial applications. The company also
has a growing business activity towards renewable markets, such as photovoltaic
grid inverters and chargers for electric vehicles. Headquartered in Drammen,
Norway, the company's global operations counts approximately 2,000 employees,
and generated revenue of NOK 3.1 billion in 2009.
For more information, please contact:
CEO Eltek ASA, Rune Finne +47 901 05 008
VP Renewable Energy, Ingvar Apeland, +47 928 60 777
CMO Morten Schøyen +47 915 17 452
[HUG#1422636]
Unternehmensinformation / Kurzprofil:
Datum: 09.06.2010 - 09:00 Uhr
Sprache: Deutsch
News-ID 22155
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Town:
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Kategorie:
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"Eltek Valere Announces Solar Inverter Product Family during Intersolar Show"
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