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Advanced Energy wins Regeneration Finance inverter deal

14 Mar 2012

Solar company Advanced Energy Industries (AE) has announced its inverters have been selected by Regeneration Finance to power over 8MW of US distributed photovoltaic projects.

The commercial inverters range in power levels between 35kW to 260kW and have been chosen for use due to their design and the system size requirements of each project.

Adam Larner, vice president of engineering and operations at Regeneration Finance, said, ‘AE has proven to be an excellent equipment partner for 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 converters will be spread out over three school district projects developed by Regeneration in multiple installations: 3MW in Douglas County, Colarado; 3.26MW at Buckeye Elementary, Arizona; and Constellation Energy’s 4.29MW Buckeye Union High. After which, the school districts will have a significant proportion of their energy needs.

Overall, the projects will use 61 of AE’s inverters and are hoped to save commercial installers time and money.

Gordon Tredger, executive vice president for AE Solar Energy, said, ‘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.

‘We look forward to working closely with Regeneration as they work to drive further adoption of clean renewable solar at schools nationwide.

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