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Advanced Energy Inverters Selected By Regeneration Finance For More Than Eight Megawatts Of PV Projects

Stocks in this article: AEIS

Advanced Energy Industries, Inc. (Nasdaq:AEIS), today announced that its inverters have been selected by REgeneration Finance (REgeneration) to power more than eight megawatts (MW) of US distributed generation photovoltaic (PV) projects. REgeneration has deployed more than 60 of Advanced Energy’s (AE) industry-leading commercial inverters, ranging in power levels from 35kW to 260kW. AE Solar Energy’s PV inverters were selected for their ability to meet the unique design and system size requirements of each project.

“Advanced Energy has proven to be an excellent equipment partner for REgeneration Finance,” said Adam Larner, vice president of engineering and operations at REgeneration Finance. “AE’s wide variety of inverter types and sizes have given us an exceptional ability to design our projects to fit our customers’ unique needs. We look forward to working with AE on many future projects.”

The inverters are being used at three school district projects developed by REgeneration: the 3 MW Douglas County School District project in Douglas County, Colorado; the 3.26 MW Buckeye Elementary School District project in Buckeye, Arizona; and Constellation Energy’s 4.29 MW Buckeye Union High School District project. Each project consists of multiple installations, which in-turn will provide the school districts with a significant portion of their energy needs.

“Schools are large consumers of energy and have operating budgets that are continually growing. We are excited to be working with REgeneration Finance on these projects, as the PV installations will reduce each district’s energy bill and protect them from rising utility rates,” said Gordon Tredger, executive vice president for AE Solar Energy. “We look forward to working closely with REgeneration as they work to drive further adoption of clean renewable solar at schools nationwide.”

In total, the projects will use 61 of AE Solar Energy’s industry-leading commercial inverters, which offer a wide range of inverter sizes for optimal stringing and design flexibility. The commercial inverters also set the industry standards in efficiency, high reliability, ease of installation and lifetime maintainability. The highly integrated systems save commercial installers time and money with best-in-class efficiency and the widest voltage window operating range with the lowest standard maximum power point tracking (MPPT) voltage of any three-phase inverter in the industry.

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