ArrayPower Partners With ShinHa on Asian ExpansionApril 24, 2012 by Jeff Shepard
ArrayPower, a Silicon Valley-based power electronics company, announced it has entered into an agreement with Korean technology sales representative ShinHa Inc. Under the terms of the agreement, ShinHa will provide sales and technical support to meet the strong interest from Korea-based solar module manufacturers for ArrayPower’s Sequenced Inverter.
ArrayPower’s Sequenced Inverter, which converts the dc power produced by solar modules into grid-ready, three-phase ac power, is designed to meet the unique needs of the commercial-scale solar market. The Sequenced Inverter is sold to module producers, who then integrate the inverter during the module manufacturing process, facilitating cost reductions across the solar value chain and enhancing ease of installation by enabling a plug-and-play ac module.
"Manufacturers in Korea have shown enthusiasm for our technology because of the benefits it offers the commercial-scale solar market, and partnering with a reputable firm like ShinHa will allow us to expedite the acquisition of module partners in the region," said Nick Cravalho, vice president of business development and marketing at ArrayPower. "Korean manufacturers have a rich history of integrating electronics, and thus are well suited to quickly implement an ac module incorporating ArrayPower technology."
ShinHa brings 25 years of experience representing high technology companies in the liquid-crystal display (LCD), semiconductor and solar industries, and the company has established strong relationships with leading solar module manufacturers.
"Korea is quickly emerging as a manufacturing leader in the global solar marketplace," said InYoung Suh, director of business development for ShinHa. "Our partnership with ArrayPower enables ShinHa to offer its network a unique solar product that allows manufacturers to differentiate themselves from competitors as they strive to attain greater market share. We are excited about the potential of Sequenced Inverter technology, and we look forward to a mutually beneficial partnership."
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