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Monday, 03/14/2011 11:22:17 AM

Monday, March 14, 2011 11:22:17 AM

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Power-One Ships Inverters From New China Factory

Press Release Source: Power-One, Inc. On Monday March 14, 2011, 8:00 am EDT

CAMARILLO, Calif., March 14, 2011 (GLOBE NEWSWIRE) -- Power-One, Inc. (Nasdaq:PWER - News), a leading provider of renewable energy and energy-efficient power conversion and power management solutions, has commenced shipping inverter products from its Shenzhen, China manufacturing and design facility. Production is located in the same manufacturing park as Power-One's existing factory for its traditional power conversion products. The new facility will have the capacity to produce 1 GW of central inverters by the end of 2011.

In late 2010, Power-One announced the launch of its central inverters specifically designed for the emerging Asian market. The 250kW and 500kW utility grade central inverters have a number of key features, including: a very high efficiency of 98.3%, longer MTBF (mean time between failures) due to being electrolytic capacitor free, compact size and weight, touch screen display, and a 1000 Voc (open circuit voltage) rating. Power-One has received China Quality Certificate (CQC) certification for sales to the Chinese market, and its new central inverters will also be manufactured to meet the demands of the rapidly growing Indian photovoltaic market.

"Asia represents a significant wind and solar growth opportunity for Power-One and we are excited that our Shenzhen facility is now shipping inverters to meet the needs of our regional customers," said Alex Levran, President of Renewable Energy Solutions at Power-One. "The Shenzhen factory will allow us to strengthen our presence and expand our products designed for the large and growing Chinese and Indian markets."

To learn more about Power-One's inverter products for the United States as well as its global portfolio, please visit http://www.power-one.com/renewable-energy.


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