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Advanced Energy's New AE 500 Commercial PV Inverter (Photo: Business Wire)

Stocks in this article: AEIS

Advanced Energy Industries, Inc. (Nasdaq:AEIS), today announced that its newest inverter, the AE 500, has been successfully commissioned at one of 13 projects, totaling 4.5MW, developed by American Clean Energy (ACE) at Toms River Regional School District in Ocean County, N.J. ACE chose the AE 500 inverters for their integration, built-in reliability, and for the unsurpassed customer experience that AE is known for.

Advanced Energy's new AE 500 Commercial PV Inverter (Photo: Business Wire)

Advanced Energy's new AE 500 Commercial PV Inverter (Photo: Business Wire)

“We are extremely excited that the AE 500 units have been successfully commissioned on one of our projects,” said Steve Morgan, CEO of American Clean Energy. “AE inverters have a tremendous reputation as being purpose-built with project developers in mind, enabling easy installation, maintenance and top-end performance, which is important to our project investors and host customer. In addition to delivering a great product, the sales and engineering support personnel were great to work with and we look forward to developing more projects with this inverter in the future.”

The new 500kW inverter combines the best of PV Powered and Advanced Energy technology to deliver a highly reliable inverter solution, supported by a customer focused applications engineering team and technical support and services organization.

“AE has always been known for our dedication to our customers and their needs,” said Gordon Tredger, executive vice president for AE Solar Energy. “The market spoke, and our cross functional insights from Bend and Fort Collins engineering centers listened, delivering a solution that enables our customers to win more projects and be more profitable, allowing them to offer system owners a lower levelized cost of energy. Our new products, combined with our applications and O&M services, enable AE Solar Energy to live up to its ‘Energy Delivered’ promise.”

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