Yaskawa acquires Solectria; partnership to benefit renewable energy market

Sponsored by


WAUKEGAN, IL, July 17, 2014 -- Yaskawa Electric Corporation is set to soon acquire Solectria Renewables, LLC through its U.S. subsidiary, Yaskawa America Inc. Solectria Renewables will continue to operate as a wholly-owned subsidiary.

Headquartered in Lawrence, Mass., Solectria manufactures high-performance photovoltaic (PV) inverters for residential, commercial and utility-scale power systems. The company was founded in 2005 and has established a position in the North American solar market.

Yaskawa Electric, founded in 1915, is a $3.6-billion global provider of factory automation solutions and has also established a position in the low-power PV inverter market in Japan.

This acquisition will benefit Yaskawa and Solectria customers alike. Yaskawa will bring scale, global sales and manufacturing facilities, as well as diversification to Solectria. Likewise, Solectria will bring expanded power electronics experience and an in-depth knowledge of medium- and high-voltage PV products to Yaskawa.

See also: "Solar Solutions: Utilities Harness Power of Sunlight to Reduce Costs, Save Energy"

About Yaskawa Electric Corporation

Yaskawa Electric Corporation located in Kitakyushu, Japan, is a global provider of factory automation solutions. Founded in 1915, the company has been providing exceptional customer experiences for almost 100 years. Focusing on mechatronic solutions, Yaskawa has shipped over 20 million AC inverters, 13 million servo motors and 290,000 robots worldwide. Yaskawa America Inc. is a wholly-owned subsidiary of Yaskawa Electric Corporation, founded in 1967. For more information, visit www.yaskawa.com.

About Solectria Renewables

Solectria Renewables, LLC specializes in the development and manufacturing of a wide range of inverters for renewable power applications, including 1.8kW to 500kW grid-tied PV inverters for systems that range from 1kW to multi MW. Solectria Renewables has a 20-year background in inverters and other electronic power systems for harsh environments. All Solectria Renewables' three-phase inverters, string combiners and web-based monitoring components qualify as Made in the U.S. For more information, visit www.solren.com.

###

 



Sponsored by

TODAY'S HEADLINES

EPA awards OK $1.2M to address petroleum leaks in underground storage tanks

The Environmental Protection Agency recently announced that it has awarded the Oklahoma Corporation Conservation Commission $459,000 to respond to petroleum leaks from underground storage tanks.

CA's 'Save Our Water' program launches new public education campaign

Amid ongoing drought, Save Our Water -- California's official statewide water conservation education program -- is launching a new public education campaign urging Californians to step up and make even more cuts in their water use.  

Research reveals water used for hydraulic fracturing varies widely across U.S.

According to the first national-scale analysis and map of hydraulic fracturing water usage detailed in a new study, the amount of water required to hydraulically fracture oil and gas wells varies widely across the country. 

GE announces opening of Alberta's first mobile water service center

GE has announced the opening of a new mobile water service center in Edmonton -- the first of its kind in Alberta -- designed to rapidly decrease response time and cost for customers located in Western Canada and the northern United States.

FOLLOW US ON SOCIAL MEDIA

  

 


© 2015. PennWell Corporation. All Rights Reserved. PRIVACY POLICY | TERMS AND CONDITIONS