ArrayPower, a Silicon Valley-based power electronics company, today announced it has selected Flextronics (NASDAQ:FLEX), a leading provider of electronics manufacturing services (EMS), as its global partner for the manufacturing and production of the ArrayPower Sequenced Inverter.
Designed to meet the unique needs of the commercial-scale solar market, the ArrayPower Sequenced Inverter converts the DC power produced by solar modules into grid-ready, three-phase AC power. ArrayPower supplies the Sequenced Inverter to module manufacturers, who then integrate the product during module manufacturing to enable cost reduction across the solar value chain and ease system installation with a plug-and-play AC module.
ArrayPower signed its first high-volume supply agreement with a top-10 solar module manufacturer in late 2011. As the company secures additional supply partnerships, Flextronics’ manufacturing flexibility and expertise will enable ArrayPower to provide fast, cost-optimized delivery of its Sequenced Inverters anywhere in the world.
“As demand for Sequenced Inverter-equipped AC modules increases around the world, it was vital to align with a first-class manufacturer who can expediently ramp up supply without compromising quality or cost,” said Wendy Arienzo, CEO of ArrayPower. “Flextronics brings to the table a history of manufacturing excellence, and we were impressed by the company’s global reach and exemplary logistics capabilities.”The simplified design of ArrayPower Sequenced Inverters eliminates the need for failure-prone components seen in competing inverters. Combined with the use of rugged materials, the Sequenced Inverter offers exceptional product reliability backed by a 25-year warranty. “We are pleased ArrayPower selected Flextronics as its manufacturing provider,” said Jeannine Sargent, President of Renewable Energy at Flextronics. “Flextronics is focused on supporting growth in the clean energy space, and ArrayPower offers a unique and transformative solar inverter design. We look forward to a mutually beneficial relationship as we work together to meet growing demand.” About ArrayPower Based in Sunnyvale, Calif., ArrayPower produces a sequenced inverter technology for application in solar energy systems to maximize performance, simplify installation and improve capital returns. The ArrayPower Sequenced Inverter is fully integrated with the solar module to create AC power that is grid-ready and commercial grade. The result is a safe, reliable and easy-to-install system that delivers more power at an optimal cost. ArrayPower was founded in 2008 and is led by an executive team with extensive international experience in the solar, power electronics and semiconductor industries. For more information, visit www.arraypower.com.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts