Eltek Valere Awarded First Contracts for New Solar Product Line
(Thomson Reuters ONE) -
(Drammen, 5 July 2011) Eltek Valere has been awarded two contracts in Italy for
the solar inverter systems Theia PV Power Station, the first orders for this new
solar product line. The total contract value is NOK 21 million and includes
shelters with approximately 11 MW solar inverters.
- We released the Theia PV Power Station at Intersolar in Germany last month,
and are pleased that we are already being awarded important contracts. The PV
Power Station provides a turnkey solution for converting energy from large solar
arrays to the medium voltage electricity grid. Eltek Valere's PV power station
provides the highest efficiency in the market, and the orders show that Eltek
Valere is competitive in the market for large PV installations, says EVP Ingvar
Apeland, who is responsible for Eltek's Renewable division.
Eltek Valere in the solar inverter industry
Eltek Valere is a leading supplier of high efficiency power electronics. The
solar inverter market is an important and rapidly growing part of the company's
business.
- We expect much from the solar market in the coming years. The underlying
demand and growth is solid and these important new contracts in Italy prove we
have some of the best products in the market place, says CEO Jørgen Larsen in
Eltek ASA.
For further information, please contact:
Ingvar Apeland, EVP Renewable Energy, Eltek Valere, tel:+ 47 928 60 777
Jørgen Larsen, CEO Eltek ASA, tel: +47 905 27 930
About Eltek ASA:
Eltek is a strategic technology partner within power solutions through Eltek
Valere, and a regional supplier of transmission systems, satellite
communications and infocomm systems through Nera Telecommunications. The
Company reported revenue of NOK 4 billion in 2010, and has close to 2,700
employees in close to 40 countries. Following the divestment of Nera Networks,
Eltek focuses on its core business in telecom power and power electronics
solutions for industrial applications and renewable markets such as solar power
and electric vehicles. Eltek is listed on Oslo Stock Exchange and headquartered
in Drammen, Norway.
About Eltek Valere:
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 almost 2,200 employees, and
generated revenue of NOK 3.2 billion in 2010.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Eltek ASA via Thomson Reuters ONE
[HUG#1528374]
Unternehmensinformation / Kurzprofil:
Datum: 05.07.2011 - 08:46 Uhr
Sprache: Deutsch
News-ID 56127
Anzahl Zeichen: 3532
contact information:
Town:
Drammen
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 231 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Eltek Valere Awarded First Contracts for New Solar Product Line"
steht unter der journalistisch-redaktionellen Verantwortung von
Eltek ASA (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
