Xantrex Technology Inc. (TSX:XTX) has received an order to supply approximately US $1 million of its 500 kilowatt (kW) solar grid tie (GT500E) commercial inverters through Relatio Innovative Concepts (Relatio) for three projects in Germany. These solar projects will be implemented before the end of this year.
“We are delighted that Xantrex commercial solar inverters were chosen and the order placed through our sales and marketing partner Relatio for these significant projects in Germany,” said Mossadiq Umedaly, Xantrex Chairman. He added, “We are growing our share of the European solar market.”
Solar power is an attractive investment in Germany largely due to positive government policy and incentives. The GT500E commercial solar inverter is a 500 kW three-phase advanced power electronics system for grid-connected solar arrays. The inverter, Xantrex’s largest, efficiently converts 500 kilowatts of direct current (DC) electricity from solar panels into high quality alternating current (AC) electricity for sale to the utility grid.
According to the company, Xantrex grid tie inverters offer excellent value, performance, reliability, ease of installation, and high power density, making them a great solution for solar system installers and owners. Designed for European solar installations, the GT500E meets all applicable CE requirements.
Xantrex CEO John Wallace adds, “We continue to demonstrate our success in the European solar market as a result of the quality, reliability, and value of our products. The opportunities in the European solar market are exciting. Our goal is to have Xantrex products be the first choice for renewable energy customers in Europe.”
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