The facility includes design and development capabilities focused on next-generation solar inverter technology, and a scalable manufacturing model to meet demand for its products.
The facility is currently configured to produce 250MW Solaron PV grid-tie inverter products annually and is expandable to a capacity of more than 1GW.
Hans Betz, president and CEO of Advanced Energy Industries, said: “Our investments in solar technology and operational excellence have resulted in the award-winning Solaron inverter product line, which is already delivering compelling benefits for our customers.
“These products, combined with the company’s service and support leadership, have garnered strong customer satisfaction by significantly reducing the levelized cost of energy (LCOE).”
Doug Hutchinson, mayor of Fort Collins, said: “It is exciting to see one of our local companies successfully diversify into the renewables industry. Clean energy is a key element of Colorado’s economic future, and the innovations developed by Advanced Energy and others in the region will put us at the forefront of the new energy economy.”
