Date: 25/10/2011

Solar inverter maker AEG inaugurates factory in Bangalore

AEG Power Solutions has inaugurated 80,000 sq ft production site power electronic factory in Bangalore, India. AEG PS says it makes two successful solar inverter series PV250 and PV500. Bangalore facility has a capacity to manufacture products generating 400 MW per year with approximately 150 employees. In the new plant, the next stage of completion foresees the production of uninterruptible power supplies (UPSs).

"India invests high amounts of money in solar energy and is one of the most important markets for AEG PS. With a local production, we strengthen our customer relationship in focusing on the specific demands", explains Horst J. Kayser, Chief Executive Officer of AEG Power Solutions.

AEG PS has reported in the last 6 months it has been awarded total solutions equipment for 39MW and Monitoring Systems for 45MW from major OEM's and Solar farm developers. "The new factory, which was built with the assistance of experts from the German subsidiary in Belecke/Warstein (North-Rhine Westphalia), creates the basis to deliver products into the Indian market under competitive conditions", mentions Jan Sickmann, Chief Operating Officer of AEG Power Solutions. "Our success in India confirms our strategy for the two segments 'Renewable Energy' and 'Energy Efficient Solutions' and helps our international growth as part of our Agenda 2012", continues Horst J. Kayser.