Distributed Energy

Vacon One of 18 Companies Targeted for $70M in DoE Support for Next Generation Power Electronics Institute

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Milwaukee, WI – Global AC drives manufacturer, Vacon, has been named one of 18 industry-leading companies to participate in the Next Generation Power Electronics Institute at North Carolina State University. The Institute will bring research and commercial product development resources together in a centralized location to improve and make cost-competitive wide-bandgap (WBG) semiconductor-based power electronics. Over the next five years the institute will be financed with $70M in Department of Energy support plus a collective $70M contribution from participating companies and other partners.

“Vacon is honored and excited to have the opportunity to collaborate with some of the best minds from industry leading companies, universities and government agencies to improve technology and energy efficiency,” says Dan Isaksson, Vice President, Medium Voltage Drives. “Vacon AC drives adjust the speed of electric motors according to actual process need, typically reducing energy consumption considerably. With improvements in WBG technology, future AC drives have the potential to be even more energy efficient and offer even better performance because they will be able to operate at higher temperatures and switching frequencies than is possible with today’s silicon-based power semiconductors.”

Improving WBD technology – the same materials used in LED light fixtures, many flat screen TVs and other consumer and commercial devices – promises to boost America’s manufacturing base, improve energy efficiency and make power electronic devices faster, smaller and more efficient.

ABOUT VACON

Vacon is driven by a passion to develop, manufacture and sell the best AC drives and inverters in the world – and provide customers with efficient product lifecycle services. Our AC drives offer optimum process control and energy efficiency for electric motors. Vacon inverters play a key role when energy is produced from renewable sources. The company has production and R&D facilities in Europe, Asia and North America, and sales offices in 27 countries. For North America, our main offices are in Milwaukee, WI and in Stoney Creek, ON Canada, both offering state-of-the-art training and demonstration facilities. Our Chambersburg, PA manufacturing facility, built in 2009, was awarded the prestigious LEED Gold Certification in 2010. Further, Vacon has sales representatives and service partners in nearly 90 countries. Shares of VACON Plc (VAC1V) are quoted on the main list of the Helsinki stock exchange (NASDAQ OMX Helsinki).

For more information, visit www.vacon.com or call 877.822.6606.

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