LOS ANGELES, Oct 11, 2010 (GlobeNewswire via COMTEX) -- Power-One Inc (PWER 10.56, +0.18, +1.73%) , a leading provider of renewable energy and energy-efficient power conversion and power management solutions, will showcase a broad range of power inverter solutions for the residential and commercial markets at Solar Power International (SPI). These products represent the latest offering in Power-One's expanding line of best-in-class inverters already deployed worldwide and now available for the North American solar market.
In just two short years, Power-One has become the second-largest solar inverter manufacturer in the world. To date, Power-One has shipped more than 2 Gigawatts of inverters worldwide and its inverters have accumulated the equivalent of 500 million (full power) power-on hours. Now the company will apply its deep-field expertise to the growing market for renewable energy in North America.
Power-One is committed to expansion in this region as evidenced by its new manufacturing facility in Phoenix, which will bring more than 350 new jobs to the U.S. Additionally, Power-One announced its acquisition of the assets of San Jose-based Fat Spaniel Technologies Inc, a leading provider of lifecycle management software for renewable energy assets. The acquisition extends Power-One's performance and technology advantage with its award winning inverters, while providing its customers with a stronger feature-set, value creation and enhanced system control to manage renewable energy assets, including solar installations.
"Power-One has a long and distinguished pedigree in the power electronics business," said Richard Thompson, CEO of Power-One. "By leveraging our nearly 40-year history of technology innovation and expertise, we are squarely positioned to develop innovative solutions that generate greater yield for renewable energy production."
A broad range of Power-One's renowned Aurora products will be on display at SPI for the first time in North America. The Aurora product line is one of the most efficient, robust and technically advanced available today. Products on display include:
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