Power-One Installs 25MW of PV Inverters in One of the Largest Solar Projects in India


CAMARILLO, Calif., Jan. 5, 2012 (GLOBE NEWSWIRE) -- Power-One, Inc. (Nasdaq:PWER), a leading provider of renewable energy and energy-efficient power conversion and power management solutions, today announced that the company has installed 25MW of AURORA® solar power inverters in one of the largest PV installations to date in India.

Financed by the State Bank of India, this aggressive program features 25MW of Power-One's unique central modular inverters in Gujarat, India. The project developer is Visual Percept Solar Projects Pvt Ltd.

A total of 73 units of AURORA® PVI-330.0-TL indoor inverters have been installed along with Medium Voltage switch gears and transformers, to properly meet GETCO directive for energy injection in the transmission network. The entire project is sited in an area of 50 hectares covered by more than 100,000 polycrystalline solar panels.

This project will be completed in a few weeks supplying clean energy to electricity grid. Thanks to Power-One's multiple MPPT (maximum power-point tracking) technology and the modular design of the AURORA® PLUS Inverter, this installation will benefit from the highest levels of energy harvesting.

Dr. Alex Levran, President of Renewable Energy Solutions at Power-One, said, "This project is another example of how Power-One is helping India's solar economy to grow. We are continuing to be the inverter manufacturer of choice in this region with our popular modular AURORA® central inverters which offer maximum energy harvesting for our customers. We are very pleased to have worked very closely with our partners Visual Percept Solar Projects Pvt Ltd on this very ambitious project."

To learn more about Power-One's AURORA® inverter products, please visit www.power-one.com/renewable-energy.

About Power-One

Power-One is the world's second largest designer and manufacturer of photovoltaic inverters. Its renewable energy products enable the industry's highest yielding conversion of power from both solar arrays and wind farms for use by utilities and homes. Power-One has a 40 year history as the leader in high efficiency and high density power supply products for a variety of industries including renewable energy, data storage and networking, industrial and network power systems. The company is headquartered in Camarillo, CA and has global sales offices, manufacturing, and R&D operations in Asia, Europe, and the Americas. Power-One is traded on NASDAQ under the ticker symbol PWER. For more information about the Company, please visit www.Power-One.com.

The Power-One, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7338



            

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