Xantrex Inverters Selected for Solar Installation in Spain

Xantrex Technology Inc. (TSX:XTX) inverters have been chosen by solar energy company, Generacion de Energias Alternativa, for a 360 kilowatt (kW) ground solar array installation in Crevillente, Alicante, Spain. This photovoltaic (PV) plant uses modules from the Spanish manufacturer Siliken. Siliken cooperated with Generacin de Energias Alternativas in the project plan and design of this installation which includes three Xantrex GT100E solar grid tie inverters and additional Xantrex products and accessories. Solar power is an attractive investment in Spain, as the Spanish feed-in tariff is 0.42 cents (Euro)/kWp, which is significantly higher than the price of electricity from conventional sources; therefore, the expected payback period for this installation is less than 10 years. “Xantrex is excited to be part of the growing solar market in Spain,” said Jim Harre, Xantrex Director of Sales for Europe. “Our GT Series inverters are becoming a leading choice for large-scale solar installations in Europe, and this installation demonstrates the versatility of the Xantrex GT Series. This product line includes the 100 kilowatt (kW) Xantrex GT100E and the 500 kW Xantrex GT500E for the industrial market, as well as our new range of high quality grid tie inverters for residential and commercial installations.” The GT100E […]

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