Wednesday, October 21, 2009

Advanced Energy(R) and Suntech Announce Multi-Year Agreement for Solaron(R) Inverter Solutions

FORT COLLINS, Colo., Oct. 21 /PRNewswire-FirstCall/ -- Advanced Energy® Industries, Inc. (Nasdaq: AEIS) announced today that it has entered into a multi-year agreement with Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest producer of crystalline-silicon solar modules. This agreement includes the range of AE's expanding Solaron® offerings, including utility-scale, photovoltaic (PV) inverters, Remote PV Tie (RPT(TM)) accessories and SafeGuard® support and service options.

Dr. Hans Betz, president and CEO of AE, noted, "AE is very pleased to be part of this collaboration with a world leading producer of PV crystalline-silicon modules. This agreement recognizes the value that our high-performance inverter technology and comprehensive, customizable services bring to the largest solar-power customers."

As a part of this agreement, Solaron inverters and services will contribute to the innovation, dependability and cost-effectiveness of Suntech's Reliathon(TM) platform, a simplified, integrated program for designing and building utility-scale PV plants.

To learn more about AE's Solaron inverter solutions during Solar Power International 2009, visit http://www.advanced-energy.com/en/SOLAR2009.html and the company in booth #2360.

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