Xantrex to supply solar inverters for grid tied PV systems to BP Solar

Xantrex Technology Inc. (Vancouver, Canada), a subsidiary of Schneider Electric (Ratingen, Germany), on February 17th, 2009, announced that it had signed a supply agreement with BP Solar (Frederick, Maryland), one of the world’s leading solar companies. Under the terms of the agreement, Xantrex will supply residential grid tie (GT) solar power inverters to BP Solar for use in its complete solar package solutions targeted to an extensive network of dealers throughout North America. Xantrex inverters convert direct current (DC) collected by solar photovoltaic (PV) modules into alternating current (AC) for feeding it into the electric grid. According to the press release, BP Solar had selected Xantrex inverters over competing products on the market after extensive research and evaluations.   "BP Solar's commitment to use Xantrex GT inverters in its complete residential packages increases our influence in the solar market", said Ted Campbell, President and Chief Executive Officer (CEO) of Xantrex.

"We are optimistic that this alliance could also grow to include our off grid and commercial inverters." Xantrex is headquartered in Vancouver, Canada, with facilities in the United States, Germany and Spain, and a joint venture in China. BP Solar 'Home Solutions' systems feature BP Solar's solar PV roof systems with Xantrex GT solar inverters. According to the press release, the systems are installed by a network of specially trained, BP Solar-certified installers. "We are confident that Xantrex inverters will match the high standards of our solar solutions", said Bill Poulin, Director of Products and Services at BP Solar. "This strategic supply agreement is the result of Xantrex’s proven product quality and dedication to long term product improvements."

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