ArrayPower Partners With ShinHa on Asian Expansion

Companies introduce Sequenced Inverter to rapidly growing Korean solar market

SUNNYVALE, Calif., and SINGAPORE, April 24, 2012 – ArrayPower, a Silicon Valley-based power electronics company, today 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. The Sequenced Inverter offers exceptional product reliability backed by a 25-year warranty.

"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."

About ArrayPower
Based in Sunnyvale, Calif., ArrayPower produces a sequenced inverter technology for application in solar energy systems to maximize performance, simplify installation and improve capital returns. The ArrayPower Sequenced Inverter is fully integrated with the solar module to create AC power that is grid-ready and commercial grade. The result is a safe, reliable and easy-to-install system that delivers more power at optimal costs. ArrayPower was founded in 2008 and is led by an executive team with extensive international experience in the solar, power electronics and semiconductor industries. For more information, visit www.arraypower.com.

About ShinHa
ShinHa was founded in 1986, and since then they have been mainly involved and specialized in importing and exporting of raw materials, parts, equipments, and other high tech products for semi-conductor, FPD, Solar and other state of the art industry. To their partners, ShinHa provides not only sales promotion but also business consulting. The members of ShinHa Inc have work experiences in a number of fields such as R&D, Manufacturing, and QA in top level companies like Samsung and LG. ShinHa also have built, maintained and valueed trusting relationships with many domestic companies as well as foreign companies. For more information, please visit www.shinha.co .kr.

Media Contact:
Kimberly Setliff
Antenna Group for ArrayPower
arraypower@antennagroup.com
(415) 977-1942

Featured Product

Parker Wind Power Solutions - Core technologies to help you harness the wind… onshore and offshore

Parker Wind Power Solutions - Core technologies to help you harness the wind… onshore and offshore

Visit Booth #2886 at AWEA Windpower, May 22-25 in Anaheim, CA to see how Parker products, systems and services help you raise performance while reducing risk in wind energy environments. Parker has been on the forefront of windpower for over two decades, with solutions that touch virtually every critical function in the turbine. From integrated lube oil filtration systems and sealing technologies that make drive trains more reliable and bearings operate like new to compact blade pitch actuation systems that maximize rotor efficiency and minimize vibrations in the turbine. Parker has the solutions that make today's advanced and sophisticated wind power plants better and smarter. Case in point? Our high efficiency power conversion systems that deliver optimum power to the grid. While our scalable evaporative cooling system lowers overall system cost with up to 40% higher power throughput.