Solectria to Deliver 32.5MW of Inverters to Safari Energy for National Real Estate Investment Trusts

Solectria - A Yaskawa Company, a leading U.S. PV inverter manufacturer, announced at Intersolar North America today that it is delivering 32.5MW of its PVI 20TL and PVI 28TL three-phase transformerless inverters to Safari Energy for a nationwide rollout of PV projects for several large national landlords.

Lawrence, MA - July 14, 2015 - Solectria - A Yaskawa Company, a leading U.S. PV inverter manufacturer, announced at Intersolar North America today that it is delivering 32.5MW of its PVI 20TL and PVI 28TL three-phase transformerless inverters to Safari Energy for a nationwide rollout of PV projects for several large national landlords.


Safari Energy, a nationwide solar developer, selected a distributed method for these PV systems for many reasons, including reduced upfront and long-term costs and increased energy production. The redundancy provided by multiple inverters will preserve system uptime and protect profits.

"Safari Energy is a leader in solar development for large commercial real estate owners and national real estate investment trusts (REITs), so we hold our suppliers to an extremely high standard," said Matt Rudey, CEO of Safari Energy. He continued, "We elected to deploy Solectria inverters across this high-profile portfolio because of their inverters' performance and the overall value and bankability their company offers. We look forward to partnering with Solectria in the future."

Phil Vyhanek, President of Solectria - A Yaskawa Company, added: "We are thrilled at the opportunity to work with Safari Energy on this exciting commercial solar roll-out. In today's landscape, we know that our customers hold their inverter partners to a high standard in order to achieve maximum payback on their PV investments. Solectria meets these demands by offering customers proven solutions across our product portfolio. Our three-phase string inverters are a natural fit for Safari Energy's projects and we appreciate their trust and commitment to Solectria."

Each mall included in this portfolio will be commissioned by the end of 2015. Together, they are anticipated to generate over 1 billion kWh, enough to power almost 100,000 residential homes and remove 700,000 metric tons of CO2 from the earth's atmosphere. This is the environmental equivalent of about 750 million pounds of coal burned, 79 million gallons of gasoline consumed and 1.6 million barrels of oil consumed.

To see and learn more about Solectria's three-phase transformerless inverters, please visit them in booth 8311 at Intersolar North America in San Francisco, California, July 14-16, 2015. Solectria will also host Meeting NEC 2014 Code Compliance - Installer Challenges and Inverter Solutions training on Wednesday, July 15th, from 3-5pm and speak on the PV Grid Integration: Maintaining Grid Solutions Panel about Rule 21 on Tuesday July 14th, from 4-6pm. To learn more, please go to http://www.solectria.com/events/all-events/exhibitor-training-intersolar-north-america-booth-8311/.

About Solectria - A Yaskawa Company
Solectria - A Yaskawa Company, a wholly-owned subsidiary of Yaskawa America, Inc., is a leading U.S.-based grid-tied PV inverter, combiner & web-based monitoring manufacturer for residential, commercial & utility-scale solar projects. Solectria's products include 3.8 to 750 kW inverters. Solectria is backed by over 100 years of power electronics and inverter experience. All of Solectria's three-phase central inverters are made in the USA. PV System owners, developers and EPCs rely on the high performance, reliability and bankability of Solectria - A Yaskawa Company. To learn more, please go to www.solectria.com.

About Safari Energy
Founded in 2008, Safari Energy is the leading provider of solar energy solutions to large commercial real estate owners and users. Focused on REITs and their tenants, Safari employs real estate, solar and financial expertise which enabled it to become the number one solar provider in this market segment. Safari delivers an integrated, turnkey solution that comprises origination, development, construction and financing from its proprietary operating platform. Safari's platform enables a higher quality solution at a lower cost allowing our clients, who own more than $150B of commercial real estate in the United States, to easily and effectively deploy solar across their portfolios. More information about the company can be found at www.safarienergy.com.

CONTACT

Natalie Holtgrefe
Sr. Marketing Manager
Solectria - A Yaskawa Company
781-640-0755
natalie.holtgrefe@solectria.com

Daniel Dus
Chief Strategy Officer
Safari Energy
(917) 808-6377
dduss@safarienergy.com

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