May 27, 2010

Vacon invests in solar energy products

25.5.2010

AC drive manufacturer Vacon is holding a capital markets day in London today, where company management will provide information about prospects in the AC drive market, growth factors, and the company’s plans in the solar energy market.

At the capital markets day Vacon will report that it has obtained knowhow in the solar energy sector by acquiring a small Spanish company that specializes in the design of solar energy inverters. This is to speed up Vacon’s entry into this market, and Vacon is currently recruiting experts in the field. The company’s AC drive technology can be applied in the production of solar energy and the company is participating in several application projects. Vacon considers solar energy to be an extremely attractive market and a vital element in the company’s growth

http://www.vacon.com/Default.aspx?id=478406