Advanced Energy Industries, Inc. PR

ADVANCED ENERGY ANNOUNCES FOURTH QUARTER RESULTS

Tue, 31 Jan 2012 18:10:52 GMT

Advanced Energy Industries, Inc. (Nasdaq GM: AEIS) today announced financial results for the fourth quarter ended December 31, 2011. The company posted fourth quarter sales of $112.5 million compared to $148.7 million in the fourth quarter of 2010 and $128.5 million in the third quarter of 2011. Loss from continuing operations was $2.6 million or $0.06 per diluted share. On a non-GAAP basis, income generated from operations was 1.0% of sales, and earnings from our continuing operations on a per share basis was $0.01. The non-GAAP measures exclude the impact of the $4.2 million restructuring charge recorded in the fourth quarter. A reconciliation of non-GAAP income from operations and per share earnings is provided in the tables. We also generated $6.3 million in cash during the quarter before the share repurchase of $18 million.

ESA Renewables Announces Construction of 1.3 MW Rooftop Solar Array in New Bern, North Carolina

Wed, 14 Dec 2011 23:51:47 GMT

ESA Renewables (ESA), a leading turnkey solar solutions provider, today announced it has begun construction on a 1.3 MW commercial rooftop solar project in the city of New Bern in Craven County, North Carolina. This project is one of the largest rooftop photovoltaic (PV) arrays in eastern North Carolina, and will help bring clean, renewable solar energy to New Bern residents. Having executed a Power Purchase Agreement (PPA) with Progress Energy ESA expec ts the PV array to be completed in December of this year.

ADVANCED ENERGY LAUNCHES NEXT GENERATION STRING INVERTERS WITH NEW PV POWERED HE STRING INVERTER LINE

Tue, 08 Nov 2011 16:57:00 GMT

FORT COLLINS, Colo., November 8, 2011—Advanced Energy Industries, Inc. (Nasdaq: AEIS), today announced the launch of its next generation string inverters with the PV Powered (PVP) HE String inverter line, an all-new line of high-performance string inverters ideally suited for North American residential and small-commercial rooftop installations. The new PVP HE String line is the industry's first inverter to offer standard ZigBee wireless monitoring. The innovative inverter also offers high-efficiency and multiple ease-of-installation features in a high reliability design from Advanced Energy (AE), a company that has set the standard in inverter reliability.

ADVANCED ENERGY® INVERTERS INSTALLED AT 35 MW UTILITY-SCALE CALIFORNIA SOLAR PLANT PROJECT

Fri, 04 Nov 2011 15:34:53 GMT

FORT COLLINS, Colo., Nov 4, 2011—Advanced Energy Industries, Inc. (Nasdaq: AEIS), today announced that its Solaron® PV inverters have been installed at a 35-megawatt (MW) solar project located near Coalinga, California. The project was awarded to Advanced Energy (AE) by engineering and construction company Cupertino Electric, Inc. earlier this year to leverage the Solaron PV inverter's industry-leading energy-efficiency ratings and lowest Levelized Cost of Energy (LCOE).

ADVANCED ENERGY SHOWCASED INNOVATIVE ENERGY MANAGEMENT SOLUTION SUITE FOR THE STRING, COMMERCIAL AND UTILITY-SCALE SOLAR MARKETS

Mon, 24 Oct 2011 15:38:00 GMT

FORT COLLINS, Colo., October 24, 2011—Advanced Energy Industries, Inc. (Nasdaq: AEIS), today announced it showcased its complete suite of energy management solutions at Solar Power International (SPI) last week in Dallas, Texas. This includes a new PV Powered HE String inverter line, the PV Powered 500 kilowatt (kW) inverter and the Advanced Energy (AE) Solar Plant Controller.

Advanced Energy Hosts Segis Technology Demonstration For Deploying High-Penetration Photovoltaics On The Grid

Wed, 14 Sep 2011 18:36:37 GMT

Advanced Energy Industries, Inc. (Nasdaq: AEIS), today announced its SEGIS Technology Demonstration, which will be held Tuesday, September 20, in Portland, Oregon. During the event, which is free to attend, Advanced Energy (AE) and its Solar Energy Grid Integration System (SEGIS) partners will showcase the technologies developed during its Stage 3 SEGIS contract, which AE was awarded in September 2010. The SEGIS program is funded by the U.S. Department of Energy (DOE) Solar Energy Technologies Program (SETP), and aims to develop technologies that make solar power cost-competitive with traditional power generation sources.

OFFERING INVERTER INTEGRATED HARDWARE AND SOFTWARE CHOICE

Tue, 23 Aug 2011 21:13:14 GMT

August 23, 2011—Advanced Energy Industries, Inc. (Nasdaq: AEIS), today announced the industry's first commercial site monitoring solution that offers Advanced Energy (AE) integrated hardware with a choice of industry-leading monitoring software providers including ArgusON, DECK Monitoring, Draker Laboratories, ESA Renewables, Locus Energy and Noveda Technologies. AE's Commercial Monitoring Solution addresses the strong customer demand for hardware and software flexibility without the troubleshooting, project delays and balance-of-system (BoS) costs associated with traditional in-field monitoring installations. Factory integration and testing of AE's UL-listed monitoring solution ensures turn-key operation at installation and seamless operation with monitoring software providers.

ADVANCED ENERGY® ANNOUNCES STAINLESS STEEL PV INVERTERS FOR CORROSIVE MARINE APPLICATIONS

Tue, 14 Jun 2011 15:36:00 GMT

Advanced Energy Industries, Inc. (Nasdaq: AEIS), today introduced its stainless steel PV Powered commercial PV inverter line and announced that it has been selected to power a 787-kilowatt project at the U.S. Navy Pacific Missile Range Facility (PMRF) in Kekaha, Hawaii. The project was awarded to Advanced Energy (AE) by Maui Solar Energy Systems, a leading solar integrator, who will construct the project.

Advanced Energy Announces Utility-Scale Pv Inverter With 99% Efficiency At Intersolar Europe

Wed, 08 Jun 2011 15:51:16 GMT

Advanced Energy Industries, Inc. (Nasdaq: AEIS), today unveiled its focus for the upcoming Intersolar Europe event taking place in Munich, Germany from June 8 - June 10, 2011. Advanced Energy will announce recently introduced inverter product solutions, services, and projects in Europe and North America with a special emphasis on large solar PV deployments for commercial and utility customers. Specifically, the company plans to highlight the following: • Products—Advanced Energy will announce the Solaron® 500E HE. The 500E HE has a 99 percent peak efficiency and a 98.7 percent EU weighted efficiency. The 99 percent peak efficiency rating is .3 to 2.5 percent higher than any inverter in this power class, a testament that AE's technical leadership and innovation has led to continuously increasing efficiency. • Services—Advanced Energy will highlight SiteGuard, its whole-site operations and maintenance service plans for large scale installations, which help lower levelized cost of energy (LCOE) and simplify site maintenance while reducing the inconveniences and inefficiencies of working with multiple service providers. • Projects—Advanced Energy will detail some of its recent large project wins which have helped it become the leader in market share growth in PV inverter sales in North America.

ADVANCED ENERGY CELEBRATES 30-YEAR ANNIVERSARY

Tue, 17 May 2011 19:59:16 GMT

Advanced Energy Industries, Inc. (NasdaqGM: AEIS), a leader in power conversion solutions, today announced it is celebrating 30 years in business. Founded in 1981 as a start-up idea introducing switchmode power technology to the semiconductor processing market, the company has consistently been a leader in power conversion products used in thin-films manufacturing and renewable-energy generation. In the past three decades, the company has shipped more than 1.3 million products to a diverse customer base around the world.

ADVANCED ENERGY SETS INDUSTRY RECORD FOR SOLAR INVERTER EFFICIENCY

Wed, 11 May 2011 21:53:55 GMT

Advanced Energy Industries, Inc. (Nasdaq: AEIS), today announced that its 500kW Solaron® PV inverters have achieved a 98 percent efficiency rating from the California Energy Commission (CEC), a record-breaking efficiency rating for any inverter in this power class. Advanced Energy also held the previous industry benchmarks of 97 percent and then 97.5 percent. By achieving 98 percent average efficiency without carve-outs for auxiliary power or other adjustments, the company is further distancing its products from competitors in the large commercial and utility-scale solar inverter market.

Advanced Energy® Utility Solar Inverters Selected for 150 MW Solar Power Plant by Zachry Industrial, Inc.

Tue, 03 May 2011 13:16:36 GMT

Advanced Energy Announces Solid First Quarter Results

Tue, 03 May 2011 13:12:16 GMT

AE Schedules First Quarter 2011 Earnings Call on May 3, Before Market Open

Mon, 18 Apr 2011 20:56:39 GMT

Advanced Energy Announces Record Fourth Quarter Revenue Driven by Renewables

Tue, 15 Feb 2011 19:55:00 GMT

Advanced Energy Highlights Market-Leading PV Inverters and Service Offerings at Solar Power International 2010

Tue, 12 Oct 2010 04:00:00 GMT

Advanced Energy Industries, Inc. (NasdaqGM: AEIS) will be featuring its complete line of market-leading PV inverter solutions and PV system operations and maintenance (O&M) capabilities at Solar Power International 2010. The show, one of North America's largest events for the solar industry, is scheduled for October 12-14 in Los Angeles, CA.

PV Powered Wins Stage 3 Solar Energy Grid Integration System (SEGIS) Contract

Mon, 13 Sep 2010 04:00:00 GMT

Advanced Energy Industries, Inc. (Nasdaq GM: AEIS) ("Advanced Energy") today announced that PV Powered, Inc., an Advanced Energy company, has been selected to continue development work funded by the U.S. Department of Energy (DOE) Solar Energy Technologies Program (SETP) and administered by Sandia National Laboratories. The effort is focused on lowering the barriers to adoption of solar energy on the utility grids of North America. Stage 3 represents the final stage of the competitive portion of the SEGIS program and is focused on commercialization of the technologies developed under previous stages.

Advanced Energy Achieves #1 Market Position in North America

Thu, 09 Sep 2010 04:00:00 GMT

Advanced Energy Industries, Inc. (NasdaqGM: AEIS) today announced that it has achieved the highest overall market share in North America at the end of the first half of 2010 for its solar PV inverter products. The data was made available by IMS Research, a leading supplier of market intelligence, and shows a dramatic increase in the Company's inverter shipments. The Company, including its Solaron and PV Powered inverter product lines, now holds 24% share, which marks a two-fold increase over the past two years.

Advanced Energy Announces Record Bookings and Revenues for the second quarter 2010

Wed, 21 Jul 2010 04:00:00 GMT

Advanced Energy Industries, Inc. (Nasdaq GM: AEIS) today announced financial results for the second quarter ended June 30, 2010. Total sales for the second quarter were \$115.2 million, representing an all-time high for the company in a single quarter and producing earnings of \$0.31 per diluted share. The results highlighted in this release include our Aera? mass flow controller business that is currently being divested, as well as the inclusion of two months of operating results from PV Powered.

Advanced Energy and PV Powered Highlight New PV Inverters And Expanded Service Offering At Intersolar 2010

Tue, 13 Jul 2010 04:00:00 GMT

Advanced Energy Industries, Inc. (NasdaqGM: AEIS) and PV Powered today announced the introduction of new PV inverter products and an expanded service offering at the Intersolar 2010 show, scheduled for July 13-15 in San Francisco, CA. These new offerings are part of Advanced Energy's strategy to provide customers with a complete portfolio of inverter solutions that address the entire power range of the fast-growing solar inverter market. With these new introductions, the Company is well-positioned to be one of the leading worldwide suppliers of solar PV inverters with its Solaron and PV Powered inverter product lines.