
We will take another step in its decarbonization plan for Oceania by participating in All Energy Australia on October 23 and 24. This will further solidify our leadership position in the region, with projects planned to implement our solutions, exceeding 36 GW of installed capacity in the coming years.

**The role of Grid Forming technology in the energy transition**

Ensuring that large-scale photovoltaic plants maintain grid stability is crucial in a context where renewable energy is becoming increasingly significant in the energy mix of all countries, particularly in Australia, which contributed 73% on September 9 the highest percentage recorded in its history.

Grid Forming technology, implemented in our energy storage inverters, guarantees a stable and robust electrical system. It prevents loss of power in the grid and makes solar energy a reliable and functional generation source for the electrical grid.

This technology will be essential at All Energy Australia, where all attendees can discover at booth XX113 how we integrate it into the PCSM and Multi PCSM models, the only medium-voltage energy storage inverters designed to provide advanced grid capabilities, compatible with all battery technologies and allowing connection to up to four independent BESS systems in the case of the Multi PCSM.

**Solar Energy: Australia’s economic engine**

The country’s commitment to becoming a renewable energy “superpower” has turned clean energy into an economic driver, potentially creating up to 33,000 new jobs to meet its 2030 goals.

This progress in the energy transition is the result of Power Electronics’ over 20 years of efforts in Australia, where success hinges on developing high-quality products manufactured entirely in Europe, such as our HEM solar inverters designed to simplify on-site installation, and the DC/DC converter, which maximizes the benefits of solar plants by enabling energy storage through batteries.

The  positioning in the country is closely linked to the quality of our products; Power On Support technical assistance service also plays a crucial role. This service is key to the company’s success, providing quick and efficient support 24/7 for all projects in the region. It is backed by a 2,800 m² warehouse stocked with a complete range of spare parts and a team of over 45 technicians.

**An event to explore the latest trends**

The event, held at the Melbourne Convention and Exhibition Centre, will feature top-tier conferences that will allow all attendees to gain deeper insights into the sector’s direction.

Ander García, Grid Connection Manager at Power Electronics, will deliver the event’s only presentation on Grid Forming from 1:40 PM to 3:00 PM. The presentation will focus on the benefits of this technology and its impact on the National Electricity Market (NEM), which is essential for replacing the mechanical inertia previously provided by Synchronous Generators.

Business Development experts, and Product and Applications specialists will be available to assist all attendees interested in successfully completing their projects.


We will unveil our plan to decarbonize the continent during our participation in All Energy Australia, an event where energy storage and Grid Forming technology will be the main focus of our participation.

Power Electronics will transform the renewable energy landscape in Oceania with a forecast of 36 GW installed

Power Electronics, a world leader in solar inverters and energy storage, thrilled its team for the second consecutive year, breaking attendance records with over 4,000 people at its internal event, POWER FEST. Held on Saturday, September 21st, this free event brought together all team members, family, and friends for a day filled with fun, music, and workshops for all ages.

**Power Electronics: A Valencian Company's focus on people and society**

The multinational company, headquartered in Valencia, once again showcased its commitment to the well-being and motivation of its team by organizing the highly anticipated event everyone had been looking forward to since its announcement in January.

Despite the weather conditions, the vibrant atmosphere, and the energy of the attendees made POWER FEST a tremendous success. The event featured live music from DJ Barce, Michenlo, and David Otero, a Paella contest with over 130 competing teams, a variety of food trucks, and countless activities for the kids.

**A small gesture, a big impact**

As part of its commitment to Corporate Social Responsibility, Power Electronics offered merchandise at symbolic prices during this second edition, donating 100% of the proceeds to Aldeas Infantiles. This initiative enabled team members and their companions to purchase event merchandise, as well as exclusive products from UD Ibiza at a special discount, all while contributing to a charitable cause.

**An event to remember**

POWER FEST is much more than a Family Day; It is an investment in the well-being of the team and their families. These initiatives allow the company to strengthen its Corporate Culture, fostering camaraderie, enhancing well-being, and promoting commitment, creating a more human-centered workplace.


More than 4,000 people enjoyed POWER FEST, Power Electronics' Family Day. This event gave team members, along with their families and friends, the opportunity to experience a day full of activities on the company's Campus in Spain. 

Power Electronics breaks participation record at its internal festival: POWER FEST


We consolidate our position in the European market with participation in Solar & Storage Live UK 2024, one of the most significant events in the energy sector on the continent, where we will showcase the technology that has allowed us to surpass 100 GW of installed AC power.

**Energy Storage on the rise in 2024**

Energy storage has become a key factor in the strategic plans of European countries, driving large-scale renewable projects and transforming energy generation and use.

At Solar & Storage Live UK, we will continue the strategy of accelerating the energy transition in the United Kingdom. Over 30,000 visitors will have the opportunity to visit stand C9 from September 24-26 and discover the key products that have taken us to market leadership, including the latest generation of energy storage inverters, which offer advanced grid support capabilities, like Grid Forming, meeting the National Grid’s requirements for Stability Pathfinder projects. Additionally, we will provide comprehensive details on noise reduction solutions customizable to specific requirements and site conditions.

“The UK market is one of the most important for Power Electronics, as evidenced by our track record there, which continues to this day. It is also a market leader for energy storage and Grid Forming technology,” says Paul Donnelly, Business Development Manager - Solar & Storage Division at Power Electronics. “Our success in the UK is rooted in our close relationships with customers, providing bespoke solutions. We tailor our products to meet the specific needs of each project, offering extensive technical support,” he added.

Once again, the NEC Exhibition Centre in Birmingham will host this event, where we will have experts from Business Development, as well as Product and Applications, available to advise all visitors, who are interested in optimizing their projects, through solutions that continue to make a difference in the sector.


• The event will give attendees the chance to explore our latest energy storage solutions, featured in the most important upcoming projects worldwide.
• We emphasize our commitment to quality and excellence in all products, which are entirely manufactured in Europe.  

Power Electronics reaffirms its leadership in the European market with its participation in Solar & Storage Live UK

**Power Electronics leads the charge** 

As the main partner, Power Electronics set the central challenge of the hackathon, encouraging participants to address some of the most pressing challenges of the energy transition. The company leveraged this collaborative environment not only to foster new solutions but also to identify and attract top talent in the sector.

Over the three days, participants worked in teams to develop proposals that met the current demands of the energy transition, with a strong focus on sustainability and technological innovation.

**This year’s challenge: Sustainable energy solutions** 

The primary goal of the hackathon was to develop a comprehensive solution that would promote an efficient transition to a cleaner, more efficient, and sustainable energy system, with a particular focus on integrating renewable energies into cities. Participants tackled key challenges, including:

- Integrating renewable energies: Optimizing the integration of renewable sources such as solar and wind into the electrical grid.
- Grid stability: Ensuring the stability of the electrical grid with the increasing penetration of renewable energies.
- Decarbonization: Promoting the gradual elimination of fossil fuels in electricity generation.
- Sustainable mobility: Promoting the electrification of transportation and developing smart charging infrastructure.
- Energy efficiency: Reducing energy consumption in urban areas.

**A world-changing idea** 

Attendees had the opportunity not only to acquire new knowledge and skills but also to network with industry professionals. This event facilitated the creation of a diverse and professional network of contacts while allowing participants to develop innovative solutions that can have a positive impact on society and contribute to a more sustainable future.

**Commitment to sustainable mobility** 

Aligned with Electric Mobility Week and World Electric Vehicle Day, Power Electronics reinforced its commitment to sustainability by offering all employees an exclusive discount on electric vehicle rentals.

This initiative, along with the actions taken during the hackathon, reinforces Power Electronics' role as a promoter of innovative solutions for a more sustainable future.


From September 13th to 15th, Las Naves in Valencia hosted the second annual E-Mobility Hackathon, organized by ONKLUB with primary collaboration from Power Electronics. 
Held during European Mobility Week, the event brought together over 60 participants who formed teams to create innovative and creative solutions across various aspects of sustainable mobility and renewable energy. 

Power Electronics promotes for the second year the E-Mobility Hackathon in Valencia   

La asistencia este año a VEM2024, la Feria de Vehículos Eléctricos de Madrid que tendrá lugar en la Plaza de Colón, se enmarca dentro de nuestro plan de descarbonización del transporte.

La feria, organizada por el Ayuntamiento de Madrid junto con la Asociación Empresarial para el Desarrollo e Impulso de la Movilidad Eléctrica, AEDIVE, de la cual Power Electronics es socio, se ha posicionado como un encuentro clave dentro del ámbito de la electromovilidad.

Durante los días 13, 14 y 15 de septiembre, acercaremos nuestras últimas novedades para la carga de vehículos eléctricos tanto al público general que asista al evento como a los principales actores del sector, con quienes colaboramos de forma activa para dar forma a la red de carga nacional.

**La carga rápida, clave en el éxito de la movilidad eléctrica**

Desde nuestro inicio en el ámbito de la movilidad eléctrica, hemos defendido que la carga rápida es fundamental para impulsar la movilidad sostenible, cargando vehículos en cuestión de minutos, ofreciendo eficiencia a los usuarios y reduciendo considerablemente los costes, especialmente cuando se implementa en vehículos profesionales.

Todos los asistentes al evento, al cual podrán acceder de forma gratuita, podrán conocer en persona, en el stand C21, el cargador para vehículos eléctricos más potente de la gama Standalone: el modelo NB 400. Este cargador destaca por su gran fiabilidad, una experiencia de usuario sencilla e intuitiva y una distribución de potencia inteligente, permitiendo cargar dos vehículos simultáneamente a una potencia de hasta 400 kW.

Nuestra visión nos ha llevado a fabricar soluciones pioneras, que supongan un salto evolutivo dentro de la oferta actual del mercado. Un ejemplo de ello es el último lanzamiento, el Megawatt Charging System (MCS), capaz de cargar un vehículo pesado a una potencia de 1.440 kW, o lo que es lo mismo, en 30 minutos frente a las 4 horas a las que cargaban estos vehículos antes de la llegada de esta tecnología vanguardista. Esto ha marcado un antes y un después en el sector, posicionando su MCS como uno de los primeros modelos operativos de Europa.

**Place to Plug, actor clave para acercar el usuario del vehículo eléctrico a la infraestructura de recarga.**

Para impulsar la electrificación del transporte, es fundamental desarrollar una infraestructura de carga pública sólida y accesible. Esto ayudará a mitigar la preocupación por la autonomía, un factor determinante en la decisión de compra de un vehículo eléctrico.

Place to Plug irrumpió en el mercado español como una aplicación colaborativa y en la actualidad ha evolucionado en una solución para el despliegue de la infraestructura de recarga, que cuenta con funcionalidades de Smart Charging para la gestión de energía suministrada, monitorización y explotación de puntos de recarga, así como el control de negocio y obtención de información relevante acerca del mismo, como el consumo de energía realizado por los cargadores, tiempos de uso, ubicaciones más utilizadas o la evolución de los ingresos obtenidos.

Adicionalmente, la herramienta tecnológica ofrece también una aplicación para conductores de vehículo eléctrico, la cual permite encontrar puntos de carga, visualizar su estado en tiempo real, realizar reservas y pagar las sesiones desde la App, así como visualizar estadísticas de consumo y el progreso de la recarga.

Nuestra relación con Place to Plug se basa en la participación conjunta en proyectos nacionales para los principales operadores de puntos de recarga, donde suministramos las soluciones de carga mientras que la aplicación permite gestionarlos de forma centralizada, obteniendo un mayor rendimiento de estas soluciones e incrementando la rentabilidad en cada puesta en marcha.

La colaboración en esta nueva edición de VEM2024 nos permitirá dar un paso más hacia nuestros objetivos, en un evento donde se definirán los proyectos que marcarán el próximo año.




We repeated our participation, showing our fast charging solutions, essential within the electrification plan of the main operators. In addition, we attended together with Place to Plug with the aim of promoting the deployment of the Spanish electric charging infrastructure.

Power Electronics participates in the IX Madrid Electric Vehicle Fair, VEM2024

Over 40,000 professionals from the clean energy industry will have the opportunity to visit Power Electronics at booth C37001, where the multinational company will highlight the advancements in its local manufacturing plan and showcase its flagship products, built with the latest cutting-edge technology.

**Innovative products shaping the future of the US Solar Industry** 

With more than a decade of success in the United States, Power Electronics has consistently delivered high-performance products that have positioned it as a market leader. The company recently reaffirmed its commitment to the American market by announcing the establishment of a new 45-acre facility. This new site will enhance its local manufacturing capabilities and support increased production of solar energy, storage, and mobility solutions.

"We are committed to driving the energy transition in the US, with innovation at the core of our approach. Our goal is to create cutting-edge products that not only meet the needs of this growing industry but also exceed clients' expectations. We look forward to showcasing these transformative solutions, built with the latest technology, at RE+ 2024, allowing visitors to see firsthand how our products will shape the future of clean energy in the American market," said David Salvo, CEO of Power Electronics.

Power Electronics' team of experts in product, sales, engineering, and service will be in Anaheim to share with visitors how their #UnlimitedEnergy philosophy is brought to life with products that revolutionize the energy industry in the US.





Power Electronics, a leading manufacturer of solar inverters for photovoltaic plants and a global leader in energy storage, will be participating in RE+ 2024, the largest clean energy event in North America, which will be held from September 9 to 12 at the Anaheim Convention Center.

Power Electronics to showcase cutting-edge solar solutions at RE+ 2024

Milence, the joint venture between Daimler Truck, the TRATON GROUP and Volvo Group successfully tested a new Megawatt Charging System (MCS) solution together with Power Electronics, the leading manufacturer of solar inverters for photovoltaic plants and world leader in energy storage, and leading company in the electric mobility sector, after entering a partnership and planning to roll out this new technology for the 1st time with Milence, in what will be one of the first commissioning in Europe for this electric vehicle charger. This test marks a significant milestone in the evolution of electric truck charging technology, achieving a charging power of 1,100 kilowatts.  

The Megawatt Charging System (MCS) is the newly defined standard for high-power charging, designed to meet the needs of the growing electric truck market. 

The recent test, conducted with a prototype of the Mercedes-Benz eActros 600, demonstrates the potential of MCS to dramatically reduce charging times, making electric trucks more practical and efficient for long-haul transport.

Megawatt charging refers to a high-power charging system capable of delivering up to 3.75 megawatts (3,750 kilowatts) of DC power. The solution tested by Milence and Power Electronics will reduce charging times by around 90%, allowing batteries to be charged in around 30 minutes, thanks to the 1,440 kW (1,500 A, 1,000 V) power that can be achieved.

As a leader in the development of public charging solutions for heavy duty electric vehicles in Europe, Milence has been collaborating with partners to further develop MCS technology and accelerate market adoption. This promising progress will be followed by additional testing in the coming weeks, involving several truck brands, to ensure the system's readiness for market deployment.

Milence will attend IAA Transportation, the leading platform for logistics, commercial vehicles, and the transport sector in Hanover, Germany from September 17th to 22nd, 2024 and will be showcasing the recently tested solution together with Power Electronics. The booth located in Hall 12 will be miniature of a Milence Charging Hub and will allow visitors to discover the European network roll out as well as engage in exciting workshops and presentations. 

**Anja van Niersen, CEO of Milence**, expressed her enthusiasm: "We are very pleased to have partnered with Power Electronics and to be working together on pioneering MCS technology in Europe. These first test results show that we are well on the way to achieving our joint goal. We are looking forward to attending the IAA in Hanover this year and showcasing this technology along with further updates on the electric routes we are creating with our network. Our commitment to driving innovation in electric truck charging infrastructure remains solid and we are confident that the future of road transport is electric."

**David Salvo, CEO of Power Electronics,** highlighted:** "Our MCS is here to redefine the future of electric mobility. We have designed a product that offers an effective solution for heavy electric vehicle users, and thanks to our partnership with Milence, it will have a wide reach across Europe. We are looking forward to attending IAA to present this solution and demonstrate that electric mobility has a future if manufacturers and operators work together to meet user needs."









The 2 companies entered a partnership earlier this year with the aim to deploy one of the 1st MCS (Megawatt Charging System) solutions in Europe during the 2nd half of 2024. The new technology will be a game changer and completely redefine electric road transport. The pilot test was conducted with a prototype of the Mercedes-Benz eActros 600. The charging solution will be shown at the Milence booth at IAA Transportation in Hanover in September 2024. 

Milence and Power Electronics successfully test a new Megawatt Charging System solution delivering a 1.1 MW charge 

Power Electronics has launched, for the second consecutive year, a special campaign focused on preventing skin cancer. With this campaign, the company aims to raise awareness among its employees about potential solar damage during the summer season, one of the most common health issues in society. This initiative, led by the multinational company’s medical team, seeks to educate and prevent the harm caused by improper sun exposure, promoting skin care and protection habits.

The campaign, which began in June and continues through July, features renowned professionals like Dr. Carlos Guillén, former Head of the Dermatology Department at the Valencian Institute of Oncology, who has conducted medical consultations with interested employees to prevent and treat skin irregularities.

Additionally, Power Electronics' medical team has carried out skin check-ups using a UV lamp to help patients visualize the damage caused by sun exposure.

**Focusing on Employee Health**

This campaign is just one of many actions within Power Electronics' Health Promotion Strategy, which emphasizes other risk factors throughout the year. The company strives to offer initiatives focused on employee well-being, ensuring proper disease prevention, and creating a safe and healthy work environment.



More than 280 employees at Power Electronics have participated in this initiative. On-Campus medical check-ups are among the many benefits offered by the company, which has a medical team dedicated to improving and monitoring staff health and well-being.

Power Electronics strengthens its commitment to staff health with a Skin Cancer Prevention Campaign

Power Electronics launches a key solution for the mobility of the future. It is the MCS (Megawatt Charging System), its most powerful charger to date, which will drive the electric mobility sector through the ultra-fast charging of heavy vehicles.

**Net-Zero Emissions Goal**

Sustainable mobility is crucial in the energy transition; for this reason, it is important to develop an electric vehicle fleet and charging solutions that meet user’s needs. 

Until now, heavy electric vehicles faced charging times of 1.5 to 7 hours depending on the model and the infrastructure used. With Power Electronics' MCS Solution, these same vehicles will be able to charge their batteries from 10% to 80% in approximately 30 minutes thanks to the 1,440 kW (1,500 A, 1,000 V) power it can reach.

Considering that these types of vehicles produce at least 63% less emissions during their lifespan compared to diesel, implementing the MCS system is the first step towards expanding a charging network for medium and long-distance transport.

Both charge point operators and companies with heavy vehicle fleets will benefit from the product's advantages by being able to charge up to four vehicles simultaneously, with the flexibility to configure the number of MCS and CCS dispensers that best suit the needs of each project, up to a maximum of four dispensers.

"In 2022, the Spanish transport sector emitted 90.46 Mt of CO2, with road transport being responsible for 28.4% of this figure. If we want to achieve the decarbonization goals set by the EU, we face a very ambitious challenge but, thanks to our MCS solution, it is realistic since we offer an effective alternative for companies with vehicle fleets," highlights Raúl Padierna, Chief Sales Officer of Power Electronics.

**A Strong Commitment to Fast and Ultra-Fast Charging**

The solution from Power Electronics will reduce charging times by approximately 90%, and will allow land transport professionals to charge their trucks within a similar time frame to the mandatory rest stop.

Charging time is a key aspect of the value proposition that the Spanish multinational emphasizes during the manufacturing process of its products. In a market where 75% of users are concerned about reaching a charging station and finding all chargers available, offering solutions that allow fast and ultra-fast charging is one of the factors that will make it possible to increase the number of electric mobility users.

**Commitment and Leadership in Electrification and Renewable Energy**

The company's commitment to continue promoting the electrification of a key sector to achieve a greener and more sustainable future is setting the roadmap for global electric mobility.

In 2023, the company has undertaken more than 2,000 projects worldwide, which have contributed to electrifying routes, accelerating the transition from fossil fuels to renewable energy.


The Spanish multinational company reaffirms its commitment to sustainable mobility through the Megawatt Charging System, wich will enable ultra-fast charging of heavy vehicle fleets. The company’s prototype will allow charging vehicles with powers of up to 1,440 kW and will be the first MCS charger installed in southern Europe.

Power Electronics launches its MCS system, the most powerful charger to date

L’Alqueria del Basket hosted the second edition of the 3x3 Basketball Tournament organized by Power Electronics on June 1. Over 320 members of the Valencian multinational company gathered for this exciting event, where the spirit of teamwork and sportsmanship was evident in every match throughout the morning.

Upon arrival at L’Alqueria del Basket, the 64 teams received a Welcome Pack containing personalized team shirts for each of the 5 participants. By 8:45 a.m., with all attendees ready, a presentation was held on the central court. The event was energized by the speaker Ngadj, who entertained the participants throughout the sports event, and motivated the teams during the matches held on the 8 courts.

After the welcome speech, a motivational video was shown to all attendees, the participants posed for the team picture, and then the competition began.

The final match concluded around 2:00 p.m., followed by the award ceremony for the winning teams.

- First place team: The Chicago Bugs received 5 medals, 5 Valencia Basket team shirts for next year, and 5 tickets to a game.
- Second place team: The Maccabidespertar received 5 medals and 5 tickets to a game.
- Third place team: The Estrella Coja de Belgrado received 5 medals.
- Christian Sena, winner of the three-point contest, obtained a double pass to watch a game.

The medals were custom-made in 3D with an exclusive design, crafted from PLA, a biodegradable and environmentally friendly material.

Once the awards ceremony concluded, the catering began at 2:30 p.m. on one of the courts, where all participants capped off the great sports day.

**Power Electronics' Firm Commitment to Sports**

Once again, Power Electronics has demonstrated its commitment to the well-being of its team through this sports event. There is no doubt that sports play a fundamental role both on and off the court. Practicing team sports not only provides significant physical benefits, such as improved endurance, strength, and cardiovascular health, but also plays an important role in developing social and emotional skills, such as communication, cooperation, and shared responsibility.

During the tournament, participants had the opportunity to work towards common goals while resolving game-related conflicts in a friendly environment. These experiences undoubtedly contribute to personal growth, as well as healthy and supportive relationships, which can be extrapolated to a dynamic and ever-evolving work environment where teamwork and collaboration are essential for achieving common goals.

Thanks to initiatives like this, which foster unity and participation among the Power Electronics team, the Valencian company reaffirms how the benefits of sports practices are integrated as essential aspects in the workplace. By organizing internal sports events, the multinational company not only promotes a healthy lifestyle but also strengthens interpersonal relationships among employees.

Without a doubt, this second edition of the 3x3 Basketball Tournament held at L'Alqueria del Basket showcases Power Electronics' commitment to the well-being of its team.

Congratulations to all the participants!





Following the success of its first edition, the world storage leader company carried out, with great success, one of the most awaited internal sports events by its team. 
The event encouraged team physical exercise and strengthened communication, cooperation, and problem-solving in a competitive yet friendly environment, promoting empathy, interaction, leadership, and adaptability.

Power Electronics triumphs in its 2nd Internal 3x3 Basketball Tournament held at L'Alqueria del Basket


Power Electronics, global leader in the manufacturing of solar inverters and energy storage, will be present at Solar & Storage Live London, a key event within its strategic plan. This is evidenced by the 91 GW of AC power installed in 2023 and 30 GW of annual manufacturing capacity.

**2024, the year of energy storage**

As different company spokespeople have announced throughout this year, energy storage will take center stage in the coming months, being the cornerstone of large renewable energy projects.

For this reason, the company's presence at the event, located at stand B7 during April 29 and 30 at the ExCeL Exhibition Centre in London, will be of great significance as it will host more than 8,000 attendees and will bring together the most relevant actors in the sector.

Power Electronics will allow all those present to firsthand know about its PCSK and HEMK inverters, 100% manufactured in Europe, which offer the advantages of a central inverter with the modularity of string inverters. These facilitate installation and field maintenance and are composed of up to four replaceable power modules.

"This meeting with industry-leading experts is a great opportunity to showcase our Grid Forming solutions, as well as all the advantages that Power Electronics can offer for hybrid plants," says Paul Donnelly, Business Development Manager - Solar & Storage Division at Power Electronics. "The key to Power Electronics' success in the UK is the commitment we have to our customers and how close we are to them, offering products adaptable to each project and installation, combined with technical support, customer training, and the closeness of our team," he adds.

At Solar & Storage Live London the multinational’s product and applications team will be present, supported by the international commercial team, who will show all those who visit stand B7 the benefits offered by Power Electronics.







The event will give the chance to discover its latest innovations in a year where energy storage plays a crucial role globally. The Valencian multinational reaffirms its commitment to "made in Europe" manufacturing for all its projects executed on the continent.

Power Electronics will be present at Solar & Storage Live London consolidating its leadership as a European manufacturer

Power Electronics, a leading manufacturer of solar inverters for photovoltaic plants in America, Europe, and Oceania, and a world storage leader, has presented its financial results for the year 2023, during which it reached a record-breaking revenue figure of 1.2 billion US dollars in revenues and 228 million US dollars in EBITDA.

Showing a remarkable 75% upswing from the 2022 revenue, this increase is attributed to the robust performance of the solar and energy storage divisions, alongside increased demand within the electric mobility sector, which generated a revenue of 110 million US dollars for that division. 

**Continuous Expansion**

Confirming the multinational's continuous expansion and financial strength, these results highlight its sustained growth and solvency. With a workforce of over 3,000 employees and a presence in more than 100 countries by the end of the fiscal year, the company maintains its steady trajectory of success.

**Expansion of Facilities in Spain and the United States**

In a strategic move to fortify its leadership position and uphold its commitment to providing innovative and high-quality solutions, Power Electronics has unveiled its strategic plan for the period 2024-2027. The plan involves investments exceeding 330 million US dollars to expand production capacities in the US and Spain, alongside the ongoing development of innovative, digitized, and automated production strategies across all divisions.

As part of this initiative, Power Electronics will finalize the construction of a new facility in Llíria, Valencia, dedicated to its Electric Mobility division. Additionally, the company will inaugurate new facilities in the US to manufacture chargers, solar inverters, and storage inverters, thus catering to the burgeoning demand in these markets.


David Salvo, CEO of Power Electronics, expressed his satisfaction with the results achieved and highlighted the importance of continuing to invest in innovation, technology, and talent to face future challenges. "We are very proud to have achieved our objectives for the 2019-2023 strategic plan, an achievement that reflects the effort, dedication, and commitment of the entire Power Electronics team, as well as the significant trust of our customers. Our strategic plan will allow us to continue growing and consolidating ourselves as a global leader in the power electronics sector, contributing to the development of energy transition and sustainable mobility", Salvo points out.


The company increased its revenue by 75% compared to the previous year. Within the strategic plan for the next 4 years, the multinational plans to increase its production capacity by establishing new facilities in the US and Spain. 

Power Electronics achieves record revenues exceeding 1.2 billion US dollars in 2023

Power Electronics, global leader in manufacturing energy storage inverters, leading manufacturer of solar inverters for photovoltaic plants, and a reference in the electric mobility sector, has announced the sponsorship agreement for the 22nd edition of the Mutua Madrid Open tennis tournament, taking place from April 22 to May 5 at the Caja Mágica (Madrid). The company will provide 22 electric chargers for this major event, which will be distributed across various locations within the area and will allow up to 44 official electric vehicles to be charged simultaneously.

In this new edition, Power Electronics aims to reduce the tournament's CO2 emissions by 30% compared to the previous year by increasing charging points, achieving zero-emission transportation for the Mutua Madrid Open players' transfers.

Thanks to more than 1,900 recharges that will take place during the edition, a significant environmental impact is expected, saving 49 tons of CO2 over the 14 days, equivalent to planting 2,227 trees.

David Salvo, CEO of Power Electronics, has highlighted the multinational's commitment. "Bringing sustainability to the Mutua Madrid Open demonstrates that environmental awareness in elite sports is now a reality. Leading the way in electric mobility is a responsible action that will inspire many other competitions to do the same," declares Salvo.

The Mutua Madrid Open is part of the ATP Masters 1000 and WTA 1000 Premier Mandatory circuits, where the best ranked tennis players have been meeting for 21 editions, offering national and international audiences the best tennis in the world.





Once again, the Valencian multinational will make this edition of the Masters 1000 and WTA 1000 the most sustainable in history, strengthening its position as the official provider of electric vehicle chargers.

Power Electronics renews its sponsorship with the Mutua Madrid Open

Phoenix, AZ: Power Electronics, a leading manufacturer of solar inverters for photovoltaic plants and a global leader in energy storage, will participate at Intersolar North America 2024 from January 17th to 19th. This flagship event in the solar & storage industry is set to be hosted at the San Diego Convention Center, anticipating the gathering of over 8,000 energy leaders.

The multinational, equipped with a robust service network spanning 49 states and having already declared an investment exceeding $300 million in its local manufacturing project, will leverage its presence in this exhibition to showcase its unwavering dedication to the US market.

A team of experts in Service, Sales Engineering, and Product & Applications will be available at booth #2105 to present Power Electronics' plans for shaping the future of the US solar industry. The team will showcase cutting-edge solar, storage, and mobility solutions that position the company as a market leader.

**HEM GEN3: The Spotlight at Intersolar North America 2024**

Power Electronics will highlight the outstanding performance and success of its GEN3, with over 1,800 units fully commissioned in the US. A special tribute will be paid to the 4.2MVA HEM and PCSM GEN3, renowned for seamlessly combining the advantages of a central inverter with the modularity of string inverters.

“This advanced technology not only incorporates valuable customer feedback, leading to increased power ratings but also solidifies Power Electronics' position as a leader in the industry. The success of this generation is a testament to a decade of dedicated work in the US market and ongoing innovation that builds upon the foundation laid by previous inverter generations.  The key to this success is the evolution and automation in the manufacturing process significantly enhancing product quality.” said Ron Puryear, President of Power Electronics USA.


**About Power Electronics**

With over 35 years of experience and a decade-long presence in the American market, Power Electronics stands as a global leader in manufacturing solar inverters for photovoltaic plants and energy storage. The multinational collaborates with clients and partners worldwide, consistently delivering innovative and efficient energy solutions.

Having installed over 90 GW of AC power and successfully executed over 300 projects in more than 25 countries, Power Electronics plays a crucial role in the worldwide energy sector. The company is poised for further expansion, aiming to increase US manufacturing capacity by over 20GW by 2025. 

A dedicated global workforce of over 3,200 individuals at Power Electronics is committed to creating a cleaner and more sustainable future for generations to come.


Power Electronics will highlight at Intersolar North America the advantages of its GEN 3 inverter, which have made it a leading product in the American market. The success of the HEM and PCSM GEN 3 is the result of 10 years of work in the US market and the constant innovation in technology and design of the products of the multinational. 

Power Electronics highlights its GEN 3 inverter at Intersolar North America 2024

Currently, the European electricity market operates under a remuneration system based on the marginalist market, meaning that the electricity price is determined by the last generating unit to come online to meet demand. However, this market outlines significant challenges in a constantly evolving environment, especially when it comes to integrating renewable energy sources and energy storage. 

As part of its commitment to energy transition, Spain is considering a proposal that could change the way electricity stored in batteries is compensated. According to the Energy Storage Strategy of the Ministry of Ecological Transition and Demographic Challenge (Miteco), the country is at a turning point in its path towards a more sustainable energy system. 

Specifically, Spain has proposed combining a short-term market with other capacity markets. This proposal aims to address the challenges of the current marginalist market and enable a fairer and more predictable compensation for electricity stored in batteries. 

**Energy storage needs in Spain**

Spain projects its minimum storage needs to be approximately 20GW by 2030 and 30GW by 2050. These figures are far from the current 8.3GW of storage capacity available today. 

The increase in energy storage demand is closely related to the growing penetration of intermittent renewable energy sources such as solar and wind, which require storage solutions to ensure a constant energy supply. 

Such solutions require an industrial fabric with companies at the forefront of technology and that actively invest in research and development for their design and manufacture. 

**Power Electronics, leader in energy storage with global projects**

A prominent example of a company contributing to the development of energy storage projects is Power Electronics. The Valencian company has extensive experience in the development of energy storage plants, having carried out significant projects in different parts of the world. 

Its work in this field will be crucial for Spain (with a capacity of 20,074MW) not only to maintain its position as the second country in the European Union after Germany (16,431MW) in terms of the quantity of storage systems but also to surpass it to meet its needs. 

This is especially important in a growing market that has increased over the recent years from 0.6 gigawatt-hours in 2015 to around 9.4 gigawatt-hours in 2022. In fact, only between 2021 and 2022 this figure doubled, with 30% of the market being dominated by residential storage, compared to 2% for commercial and industrial storage, and being the clear leader with around 70% of installations. 

With investments from the European Union, such as the one announced earlier this year, in which Spain will receive 350 million euros from European funds to promote renewable storage until June 2026, the role of companies like Power Electronics is essential. 

Thanks to companies like the Valencian one the country will be able to make the most of subsidies aimed at building electricity storage facilities, with a combined capacity of approximately 1,000 megawatts (MW) connected to the transmission or distribution network.



Spain’s proposal to combine short-term markets with capacity markets could offer a solution to these challenges by providing a fairer and more predictable compensation for energy storage. Power Electronics has extensive experience in the development of energy storage plants, such as the recently completed project in Peru, where it has commissioned 7 PCSM battery inverters providing 30MW to the power plant. Spain has estimated its minimum storage needs at approximately 20GW by 2030 and 30GW by 2050. These figures are far from the current 8.3GW of storage capacity. 

Energy storage in Europe challenges the marginalist model thanks to Spanish innovation

Power Electronics is a Valencian company that has established itself as a global leader in energy storage and one of the first manufacturers of large-scale inverters for photovoltaic plants worldwide. Currently, it is present in more than 1,600 renewable energy projects distributed worldwide and has installed over 70 GW of AC power, preventing the emission of more than 70.5 million tons of CO2 into the environment.

With more than 3,000 employees in 25 delegations around the world, its main headquarters in Llíria has a production plant of over 100,000 square meters, integrating its entire value chain with the most advanced technology and an annual production capacity of over 30 GW. 

Power Electronics, through the Cátedra Power Electronics-Polytechnic University of Valencia (UPV), places education at the center of the energy transition, with the objective of transferring the knowledge of a leading technological company in its sector to future professionals. 

Through energy storage and electric mobility, the company aims to build a cleaner and more sustainable world. In addition to the production plant, Power Electronics has a research center that allows to position its products at the forefront. Technology and talent go together in the R&D department, which not only has a team of more than 250 specialized engineers but also state-of-the-art equipment that allows all sorts of tests and simulations. 

**Innovation in R&D**

Power Electronics is committed to innovation across the board, and that’s why the R&D department, one of the company’s fundamental pillars, has teams dedicated to new developments in all the areas. These teams look for different approaches that enable advancements and new uses of electronics, resulting in greater optimization of photovoltaic energy generation. 

The multinational’s agreement with the UPV through the Cátedra Power Electronics-UPV is a unique opportunity benefiting both entities, where the company’s resources and knowledge are made available to the UPV to enhance research, development, and the transfer of technology applied to renewable energy. 

Power Electronics develops know-how in its four business areas: the industrial sector through frequency converters, the solar sector through its solar inverters, and the energy storage and electric mobility sectors. These last two divisions are currently in full expansion and are crucial for the company's growth. To continue improving in all of them, multidisciplinary profiles that cover the entire development of their products are required: from the initial phases of trend analysis and product design, through software development to the manufacturing and distribution of the final product.

**Knowledge Development**

The Cátedra Power Electronics-UPV is an essential tool for expanding knowledge and exploring options that only one party wouldn’t reach. With that primary goal, Power Electronics involves students in the latest techniques and skills in electric power generation and optimization and its storage. 

In this sense, the Valencian multinational makes periodic visits to its production plant for UPV students, encourages conferences, lectures, training courses, and internships to make knowledge transfer possible. This provides students with areas for learning and development to create a more sustainable future. In fact, the company has already participated in the UPV Job Fair, ETSINF-TECH, and the Night of the Valencian Telecommunications. 

Furthermore, within the academic framework, Power Electronics, together with the University of Valencia (UV), supports education through MPower, a specialized Master’s degree in power electronics entirely focused on renewable energy, and where the UPV also collaborates in teaching a subject. For the 23-24 academic year, 13 fully funded scholarships have been awarded to students with the aim of training and incorporation them into the company’s personnel as engineers after finishing their internship period. The Master in Energy Transformation is now in its fourth edition, with more than 150 students enrolled, seeking to become future professionals guided by Power Electronics experts, who transfer all their expertise to students who will later join their departments.

Raúl Rodríguez, UPV professor and director of the Cátedra Power Electronics-UPV, points out that “the level of engineering students is already very high.” “We are here to complement that training in power electronics applied to renewable energies so that Spain can be a model in the transition in the coming years”, he adds.  

**Internships**

As part of the support for research and future professionals, the Cátedra also offers paid internships to students. In the upcoming 2024 academic year, various positions in the Power Electronics internship program are going to be offered in the R&D area. These positions seek different specializations and degrees from the UPV, with high possibilities of future incorporation. During internships, students will have the chance to gain experience in fields such as industrial process development, process automation, control loop design or calculation, simulation, and layout of electronic cards, as well as embedded software development, among many other departments. 






Through the Cátedra, Power Electronics aims to transfer the company’s knowledge to future professionals.

Decisive commitment to the energy transition through the Cátedra Power Electronics-UPV

Currently, efficiency and flexibility are the two most sought-after characteristics by companies in the industrial sector. In today’s globalized market, companies need innovative solutions that help them optimize their processes and maximize productivity to achieve significant competitive advantages.  

This context explains why frequency drives have become one of the most crucial and demanded solutions in the industry. These electronic devices control the speed and power of electric motors, playing an immense role in the modern industry by offering a series of crucial advantages that drive efficiency and sustainability in several applications. 

**Key Advantages of Frequency Drives**

- **Energy savings:** Their ability to adjust the motor speed according to demand significantly reduces energy consumption and operating costs. 
- **Flexibility:** They allow precise and variable speed control, which makes them ideal for a wide range of applications, from manufacturing to the management of cooling and pumping systems. 
- **Extended equipment life:** By reducing stress on motors and other components, frequency drives help extend the life of equipment, resulting in lower maintenance and replacement costs. 

**Power Electronics, at the forefront of technological innovation in frequency drives**

Power Electronics, a leading energy solutions company, has been tirelessly working for decades to drive innovation in the industrial sector, offering cutting-edge frequency converts known for their efficiency, reliability, and versatility. 

Its new medium-voltage frequency drive, the XMV670K, is the latest example of the Valencian company’s commitment to developing cutting-edge solutions that enable companies to achieve their efficiency and sustainability objectives. 

- **XMV670K: Maximum Power in Minimum Space**

The XMV670K represents an innovation in the frequency drive industry by presenting high power density in a minimal size. Its key features include:

- Ultra-Compact Design: The XMV670K redefines portability by offering a compact and elegant design that saves space and facilitates installation anywhere.
- Maximum Power Density: With exceptional power in a small package, the XMV670K provides unparalleled performance across a wide range of applications. 
- Multilevel Topology: Thanks to its multilevel topology, this frequency drive ensures an efficient operation and an extended lifespan.

The XMV670K **will be available starting from 01/2024**

The future of the industry is in the hands of technological advancements in frequency drives, and Power Electronics continues to lead the way towards a more efficient and sustainable future for all. 



Power Electronics, global leader in energy solutions, announces the launch of a new product that will revolutionize the frequency drive industry: the XMV670K.
These devices are designed to deliver exceptional performance and unequalled efficiency, addressing the key demands of the industrial sector.

Power Electronics introduces an innovative medium-voltage frequency drive designed to transform the management of electrical energy in the industry

In a world where energy efficiency and versatility are essential across all industries, low voltage soft starters have emerged as a critical component in industrial machinery and equipment. These devices have proven to be fundamental pillars in ensuring the efficient and reliable operation of electric motors, capable of controlling a wide range of applications.

Soft starters allow precise control of energy consumption during motor startup and shutdown phases, a crucial factor in achieving two of today’s industry aspirations: gaining competitive advantages and enhancing competitiveness by reducing both energy consumption and operational costs. Something crucial in a context where electricity prices reach historic highs year after year, and energy production is still far from being emission-free.

At the same time, soft starters ensure optimal performance and extended motor life cycle. Coupled with their ability to prevent current spikes and compatibility with advanced monitoring systems, they have become an indispensable choice for the modern industry. 

As a result, the demand for these devices has experienced a constant increase as companies strive to improve their energy efficiency and reduce their environmental footprint. This rising demand has brought about a continuous process of innovation in the soft starter industry.

**V6: Unique Efficiency and Versatility** 

Power Electronics has established itself as a reference company, thanks to its understanding of emerging trends and the need of efficient solutions, leading the technological forefront in this field. As a leading energy solutions company, the Valencian company has worked tirelessly for decades to drive innovation in the industrial sector, offering soft starters at the cutting edge of technology.    

The launch of the V6 is the latest embodiment of this leadership. It is a low voltage soft starter that represents a significant leap in efficiency and versatility across several applications, setting new industry standards. Its prominent features include:

- High efficiency: The V6 is designed to deliver exceptional performance with industry-leading energy efficiency, resulting in significant energy savings.
- Versatility: The V6 adapts to a wide range of scenarios, making it a versatile choice for any project. 
- Intuitive user interface: Capable of facilitating configuration and monitoring, crucial for optimal process control.

**The V6 will be available starting in November 2023**

The future of the industry is in the hands of the technological advancement of low voltage soft starters, and Power Electronics continues to lead the way towards a more efficient and sustainable future for all. 



Power Electronics, global leader in power solutions, is pleased to announce the launch of its new Low Voltage Soft Starter, showcasing its constant commitment to innovation and excellence. These devices are designed to provide precise energy control, optimized performance, and extended equipment life cycle, addressing the key demands of the industrial sector.

Power Electronics announces the launch of the new Low Voltage V6 Soft Starter

CharIN Chairman Claas Bracklo stated: "It is an immense pleasure to hold the biggest CharIN Testival ever in the rapidly growing Iberian market and especially in sunny Valencia at Power Electronics. With this event, our commitment to the future of e-mobility has reached new heights. We are extremely proud to announce that this CharIN Testival was powered solely by solar energy, a testament to our dedication to sustainability and clean energy in the electrification of transportation." 

Through the utilization of Power Electronics' 4MW hybrid facility, which encompasses photovoltaic panels, a solar inverter, and a battery inverter, we successfully achieved a fully sustainable Testival. This remarkable feature was made possible by intelligent discharging the batteries during periods of reduced solar radiation and directly harnessing power from the panels during times of solar exposure.

The CEO of Power Electronics David Salvo, host of the CharIN Testival Europe 2023 in Spain stated: "It has been an honor to host the most important electric mobility event in Europe and to allow attendees to get to know our Campus, as well as to bring Valencia closer to the leading electric vehicle manufacturers, charging infrastructure, and other stakeholders in the electric mobility value chain". 

The CharIN EUROPE Conference and Testival was a shining example of unity within the electric mobility community. This event was made possible through the unwavering support and collaboration of Power Electronics and an array of industry partners.

The coming together of this industry community in Spain underscores our shared commitment to a sustainable, cleaner future. 

**3rd Conference Europe: A Glimpse into the EV Future**

The 3rd CharIN EUROPE Conference illuminated the path forward for electric mobility with six engaging panels and 3 captivating keynotes. On a momentous occasion, the President of Valencian Government  inaugurated the CharIN EUROPE Conference and Testival, marking the commencement of a groundbreaking gathering in the world of electric mobility in Spain. 

After Welcoming Words from CharIN and Power Electronics, panels addressed topics from Harmonizing EV Charging with the Power Grid to Future Strategies in Connectivity and Charging Technologies to Cybersecurity. Panels featuring industry giants and thought leaders delved into a variety of topics, shedding light on the MCS Roadmap for heavy-duty e-Mobility, discussing the political landscape for e-Mobility in the future and sharing insights about EV payment interoperability. Conference and Testival participants were impressed by the broad range and depth of topics that were covered by the conference.

Noteworthy takeaways included the increasing consolidation of "Plug & Charge", a clear call from charging infrastructure manufacturers for the support of public administrations to maintain their technological and industrial leadership, that the Spanish value-chain it is getting ready for the roll-out of MCS and the pressing need for standardization in the Latin American electric mobility market to facilitate interoperability, safety, and reliability in electric vehicle charging. 

**CharIN Testival Europe 2023: Where Innovation Meets Interoperability**

Held from 25-27, 2023, the CharIN Testival Europe 2023 brought the theoretical into the practical, transforming the picturesque landscape outside of Valencia at Power Electronics into a vibrant laboratory for EV technology testing. Attendees experienced firsthand the validation and improvement of interoperability in electric vehicle charging solutions. Bringing together 35 Testing companies from all over the world, this event provided the opportunity to not only participate in interoperability testing, controller testing and cybersecurity testing but also, for the first time, successfully live Plug & Charge end-to-end testing.

**Stats & Facts CharIN Conference & Testival EUROPE Spain 2023** 

• Over400 attendees at the CharIN Conference & CharIN Testival 

• 176 attendees of the CharIN Conference

• 239 attendees of the CharIN Testival

• 35 % Spanish attendees, 55 % rest of Europe, 10 % from all around the world (amongst others from Australia, Argentina, Korea, USA, Canada) 

• 33 highly renowned e-Mobility speakers and panelists at the CharIN Conference

• 35 different testing e-Mobility companies at the CharIN Testival 

• 108 companies overall

• 3 trucks, 13 electric cars, 18 charging stations, 10 test systems 

• Energy from 100 % solar power 

• 152 testing slots




In a dynamic showcase of innovation and collaboration, the CharIN EUROPE Conference and Testival held from October 24-27, 2023, hosted by Power Electronics in Valencia, Spain, set a new benchmark in the realm of electric mobility. In total more than 415 international testers, conference participants, and testival observers gathered in person at Valencia in Spain, to exchange knowledge, discussing the future and the present of e-mobility and test interoperability between vehicles of all kinds and a variety of charging stations.

CharIN Conference & Testival EUROPE in Valencia, Spain, CharIN largest interoperability testing event for EV charging, shapes the future of electric mobility

Power Electronics, global leader in electric vehicle charging solutions, inverters, energy storage, and renewable energy, celebrated the first edition of Power Fest on Saturday, September 23<sup>rd</sup>, at its Campus in Llíria, Valencia. The event was attended by nearly 3,000 people, including employees, family members, and friends, who danced and enjoyed live music from bands such as La La Love You, The Basement and Ramonets. 

The valencian company has successfully turned Power Fest into an event that reinforces its commitment to all those who contribute to the company’s success, as well as its commitment to the environment. Power Fest has been the first 100% sustainable internal event for all the employees of the multinational. 

The event was entirely powered by the energy generated by its solar panel installations. This initiative demonstrates Power Electronics’ commitment to renewable energy while exemplifying how sustainability can be an integral part of any event, regardless of its size. 

**Power Fest, a day of entirely sustainable entertainment**

For Power Fest attendees, Power Electronics organized a wide variety of activities and entertainment, including concerts, karaoke, a paella contest, family activities, inflatable zones, and food trucks. 

Once again, Power Electronics set an example of sustainability and recognition for the value of the human team that is part of the company. The enterprise leading the future of renewable energy ensured that the entire event was powered by solar energy, offering a full day of entertainment and fun for all those present. 




Power Fest became a festive event while being sustainable, thanks to the solar energy produced by its facilities

Power Electronics celebrates the success of its first Power Fest, a 100% sustainable internal event

**Phoenix, AZ:** Power Electronics, a leading manufacturer of solar inverters for photovoltaic plants and energy storage has unveiled its local manufacturing plan at RE+, the most significant event in the renewable energy sector in North America.



From September 11th to 14th, attendees at Power Electronics booth #1723 obtained detailed information about this exciting project, designed to significantly increase its production capacity more than 20 GW by 2026 with its e-mobility, solar and energy solutions.



**Power Electronics: Made in USA**



Covering an expansive area of  45 acres, and designed with the latest manufacturing and assembly technologies to serve as an optimal hub for manufacturing and distributing their products across the country. Moreover, this endeavor underscores the company's commitment, aspiring to foster the creation of more than 600 job opportunities.



Power Electronics' new project in the U.S. will fortify its position as a market leader supporting its 60GW actually in operation and will play a crucial role in the country's renewable energy industry, which aims to generate 80% of its energy from renewable sources by 2030.



David Salvo, CEO of Power Electronics stated, " We have a strong commitment with our customers that includes supplying future projects with US technology and local manufacturing, we believe energy is a national security matter, and it is important to control the supply chain and the origin of the technology used for generating it.



The multinational corporation will increase US manufacturing capacity more than 20GW by 2026. The total investment will exceed $300 million and will create more than 600 job positions in the U.S. 

Power Electronics announces more than $300 million investment in U.S. at RE+

Power Electronics, global leader in electric vehicle charging solutions, is pleased to announce a significant step towards the future of electric mobility: the inclusion of the North America Charging Standard (NACS) connector in its innovative range of chargers. This strategic decision responds to the growing demand for more versatile and efficient charging infrastructures, as well as to recent developments in the automotive industry.  

Used exclusively by Tesla since 2012, it was in 2022 when its patent was released, leading to the NACS standard. Its prominence has been growing in the electric vehicle charging landscape over the past year when significant manufacturers in the automotive sector have announced the adoption of a standard present in more than 15,730 charging points across the United States. 

Considering this exciting situation, Power Electronics reaffirms its position as a pioneer in charging solutions, positioning itself at the forefront of the electric mobility revolution by integrating the NACS connector into its range of chargers as of 2024. This step will expand accessibility to electric vehicle charging and highlights Power Electronics’ commitment to the evolution of sustainable mobility. 

The manufacturer has always stood out for its efforts in facilitating a rapid transition to electric vehicles. A mission where open standards and interoperability are essential elements to achieve a robust and scalable electric mobility economy. 

Therefore, the introduction of its line of chargers with the NACS connector in 2024 will be great news for electric vehicle owners, and it will also strengthen the charging network in the United States, encouraging even more the transition to a cleaner and more sustainable electric mobility. 


Power Electronics continues to lead the industry with innovative and high-quality charging solutions, introducing its line of chargers with the NACS connector in 2024 to continue driving the widespread adoption of electric vehicles worldwide.

Power Electronics announces the adoption of the NACS connector in its line of electric vehicle chargers


With a contribution of 15.31% of the national GDP in 2021, a turnover of around 734.026 billion euros, and with more than 2.76 million people employed (14.01% of the total Spanish employment), the industrial sector is one of the main economic engines of the country.

However, following a common trend in the West, its significance has been getting smaller. Although its specific weight remains important in the Spanish state, it’s still far from the European aim of achieving a 20% industrial participation in GDP. 

Therefore, and action plan is required to tackle the challenges faced by industrial sectors and take advantage of crucial benefits to boost the economy and ensure a sustainable future. 

**Benefits of Reindustrialization**

1. **Creation of quality employment:** The industrial sector is strategic for social and territorial cohesion because it promotes stability and economic development through higher quality, more stable, and better-paid jobs. This contributes to redistributing the population and supporting the well-being state.
1. **Increase in productivity and exports:** A strong and renewable industry would encourage innovation, technological development, and productivity, increasing exports in cutting-edge sectors. 

**Next Generation Funds for Sustainable Reindustrialization**

Spain has a unique opportunity to carry out a sustainable reindustrialization. The European Union’s Next Generation funds offer significant financial resources to drive the development of key sectors and accelerate the transition to a low-carbon economy. Its investment in renewable energies, energy storage, and electric mobility will allow a sustainable and globally competitive future.

**Renewable energies**

The use of renewable energies is essential to ensure the energy future of a world without fossil fuels, especially to significantly reduce polluting emissions and mitigate climate change. 

According to data from the Global Landscape of Renewable Energy Finance 2023 report, global investment in energy transition technologies grew by 19% in 2022 (1.3 trillion dollars).

Furthermore, renewable energies offer significant employment opportunities. According to IRENA, the sector employed approximately 11.5 million people worldwide in 2019, and it is expected that this figure increases to over 42 million by 2050.

**Energy storage**

Energy storage plays a crucial role in the effective integration of intermittent renewable energy sources. As its name suggests, it allows “storing” the excess of energy generated during periods of high production and using it when the demand is higher or when renewable energy sources are not available. 

This ensures a constant and stable electricity supply, while providing great flexibility to the electrical system by regulating supply and demand. It also helps to stabilize the grid, improve efficiency, and reduce transmission and distribution costs. Worldwide energy storage capacity is estimated to increase by more than 10 times in the next decade, reaching 3,600 gigawatt-hours (GWh) by 2030.

**Electric Mobility**

Adopting electric mobility reduces the dependence on imported fossil fuels and diversifies the energy matrix. This improves security and reduces oil price volatility, explaining how 10.5 million electric cars were sold globally in 2022.

Strategic investment in research and development, favorable policies, charging and storage infrastructure, and specialized training in these sectors would bring benefits such as economic growth, job creation, emissions reduction, improvement in energy security, and the ability to export technologies and knowledge. 

**Power Electronics, a leading company for Spain’s reindustrialization**

World’s leading manufacturer of solar inverters for photovoltaic plants, world storage leader, and with extensive research, development, and manufacturing of electric mobility solutions, Power Electronics is the model of a sustainable and technologically advanced company that should be promoted for reindustrialization in Spain. 

The Valencian company has been standing out for decades in the renewable energy, energy storage, and electric mobility sectors, offering innovative and sustainable solutions ranging from power converters to electric vehicle chargers and storage systems, contributing to driving renewable reindustrialization in Spain and globally. 






The Next Generation funds provide a unique opportunity to drive a sustainable reindustrialization in Spain. It’s a necessary process to strengthen its economy in a competitive and globally resilient future.

Renewable Reindustrialization in Spain: A Sustainable Opportunity for Economic Future

Living sustainably and taking care of the environment is everyone’s responsibility. Many companies are committed to preserving our surroundings because the consequences of not taking care of the planet can be devastating. 

Electric mobility is here to stay, and users are increasingly opting for hybrid or fully electric vehicles. It is estimated that just one electric vehicle can save 4.6 metric tons of greenhouse gases, the same effect as planting 209 trees.

All the cars in the world produce ten times more polluting gases than all the Earth’s active volcanoes together, leading to high levels of air pollution that represent significant health risks. 

For this reason, the objective of Power Electronics’ Mobility Division is clear: achieve a cleaner future while protecting the environment. For example, the chargers installed for the transportation of the tennis players during the Mutua Madrid Open 2023 avoided more than 38 tons of CO2 emissions. 

But that’s not all. Solar energy is the most abundant energy resource on the planet, and many are the positive effects it has on the environment. 

1. Less air pollution: Solar energy doesn’t emit air pollutants, which can cause heart diseases, cancer, and respiratory illnesses like asthma. 
1. No waste or water pollution: This is a very important factor in preserving marine ecosystems. 
1. Sustainable solution: Solar energy has become cheaper than many other conventional energy sources. 

Furthermore, energy storage is a key component for the future of renewables, as it has become an integral tool for energy companies. Among different energy storage systems, batteries are one of the most widely employed technologies due to their flexibility and adaptability to various environments. 

According to reports from the International Energy Agency, the installed capacity of renewables worldwide will increase by 107 gigawatts (GW), the largest absolute increase in history, surpassing 440 GW by 2023. 

Power Electronics has 70 GW of installed AC power, which has prevented the discharge of more than 70.5 million tons of CO2 into the environment. Moreover, the company has a production capacity of 30 GW, leading the installation of solar inverters for photovoltaic plants throughout the American continent and ranking as the fourth company worldwide. Its products are present in nearly 2000 plants across 35 world countries.



Raising awareness among those around us about the importance of small daily actions plays a key role in the long term, and it’s in our hands to teach future generations how to take care of the planet.

Improving the environment; Power Electronics’ ongoing challenge


As part of the Health Promotion Strategy, Power Electronics has launched the Skin Cancer Prevention Campaign with the start of summer.

The campaign, which began in June and will continue throughout July, will include information and advice to raise awareness about the risk factors of sun exposure without proper protection.  

In addition, the dermatologists from IMR will conduct check-ups at the Power Electronics’ Campus for three days, facilitating employees to consult with a specialist at their workplace.  

IMR is national leader in Dermatology with record of patients, and is specialized in **Dermatology, Capillary Medicine, and Aesthetic Medicine**. With over **60 doctors**, led by **Dr. José María Ricart**, experts in the most effective and less invasive treatments, IMR has seven clinics ins Madrid, Valencia, Alicante and Barcelona. Both Ruber International and Quirón Group are partners of IMR. 

Víctor Iranzo, Health and Safety Manager at Power Electronics, states that “the objective of this campaign is to raise awareness about the importance of good skin protection habits for the summer and to encourage regular skin check-ups for the company’s employees”. 

Among the tips that the company gives to its employees is the expiration date of sunscreens, highlighting the importance of being cautious with old ones. Cosmetics products include a symbol called PAO (Period After Opening), along with the list of ingredients and usage recommendations, which indicates how long the product remains in good conditions after being opened. 

On the other hand, **Dr. Manuel Ballesteros**, dermatologist from **IMR**, points out the *“8 out of 10 cases of skin cancer can be prevented with early diagnosis”*. The specialist emphasizes primary prevention related to using adequate protection and self-examination of moles and skin spots. 

The **doctor** highlights that **digital dermatoscopy** is key in the diagnosis of skin cancer. Visiting the dermatologist is vital if any alteration in moles or skin is observed. This examination must be included in our annual medical check-up. *“Our advanced dermatology specialists use digital dermatoscopy (Fotofinder), which not only reveals the condition of moles, but also allows us to detect new lesions in time”*. 

Moreover, IMR is pioneer in addressing cutaneous cancer through Mohs micrographic surgery, a technique that allows the removal this type of skin tumor and an immediate analysis of the range of the lesion, avoiding the destruction of healthy tissue, which enables a high recovery rate. 

This is just the first of a series of actions within the Health Promotion Strategy, which will include raising awareness about other risk factors throughout the next year. 



The dermatological team from the Ricart Medical Institute will visit Power Electronics’ Campus to see patients and detect potential precancerous skin lesions in employees.

Power Electronics will have the Ricart Medical Institute on board during the following weeks to take care of the dermatological health of its employees


Almost 400 players and workmates gathered for this exciting event, held at L’Alqueria del Basket, a modern facility adaptable to all sort of events that became the perfect place to welcome all participants in an environment where teamwork spirit and sportsmanship were present in every game. 

Besides their commitment to the development of sustainable solutions, Power Electronics continues to advance its plan focused on its employee’s well-being. To promote this well-being, sport plays a key role, both in and out of the court. Practicing team sports not only brings physical benefits, but also provides great value in developing social and emotional skills. 

During the tourney, which was held this year for the first time, players had the chance to strengthen communication, cooperation and problem-solving in a competitive yet friendly environment. These skills are transferable to the workplace, where teamwork and collaboration are essential to achieve common goals.  

In this sense, team sports encourage empathy, interaction, leadership and adaptability, key characteristics in a dynamic and constantly evolving work environment. 

Thanks to action like this, where unity and employee participation is promoted, Power Electronics demonstrates once again how the benefits of sports practices become essential aspects in the workplace. 

Congratulations to all participants!






Last weekend, the leading company in the renewable energy sector successfully organized its first 3x3 Basketball Tourney at the L’Alqueria del Basket facilities.

Power Electronics celebrates its 1st 3x3 Basketball Tourney at L’Alqueria del Basket

Power Electronics promotes blood donation in its Campus in Llíria within its commitment to employees and society’s welfare. The leading renewable energy company has held a Blood Donation Day for the second consecutive year, with more than 150 donors.

On June 14, the World Blood Donor Day is celebrated, a date that wants to thank volunteer donors and raise awareness about the importance of regular donations to guarantee blood quality, security and availability. Blood transfusions save each year millions of lives, prolong the life of patients with serious diseases and make complex medical and surgical operations possible. Also, they play a vital role in maternal and child care and in the emergency responses in natural disasters or caused by human beings. 

For this reason, just as its innovative solutions are designed to promote sustainability, Power Electronics carries out these solidary actions to build a healthier society and provide a better future for new generations. 

In this sense, **Víctor Iranzo**, Security and Health Manager at Power Electronics, states that “Power Electronics’ commitment to the welfare plan of its employees makes it easy to do this kind of actions and helps those who need blood donation”. He also highlights that “it’s an honor to be able to carry out this initiative for the second year running”. 

Blood donation is a tangible sign of commitment to the welfare of its employees and to society. In fact, it’s the second consecutive year that the blood donation campaign has been carried out, strengthening like this its corporate culture based in social care and responsibility. 

With a single donation, that takes from 5 to 15 minutes, up to 3 lives can be saved. A person that donates blood every two months from the age of 18 to 65 could save more than 57 lives. 






The company leader in renewable energy drives, for the second year running, this solidary initiative as part of its corporate social responsibility plan and with the objective of improving the quality of life of those who need it most.

Power Electronics reaffirms its commitment to society and health through the Blood Donation Day in its Campus in Llíria

 

In Power Electronics we bet on the responsibility of products, prevention, recycling, reuse and other ways of waste recovery and disposal. Since 2022 we replace inner packaging with returnable systems that allow saving carton and plastic.

All of our products take into account the entire life cycle for preventing and reducing the environmental impact in any of its stages: design, raw materials, manufacturing, packaging, transport, functioning, maintenance and recycling of the devices.

On the occasion of the Global Recycling Day, we have wanted to highlight the waste management, both inner and external, launching a raising awareness campaign so that those who are part of the company understand the importance of being sustainable at home too.

**Do you know how many times different materials are recycled if they are separated correctly?**

Each container can be reused and can have a second life. If you recycle properly, placing waste in its appropriate trash can, the containers adapt better to the existent automatic selection plants and adapting them to the recycling processes is easier.

- Paper can be recycled up to 7 times if you place it in the blue trash can.
- Metal can be recycled indefinitely: iron, steel, aluminum, copper, bronze, brass and lead are recyclable metals that can be reused unlimitedly without losing their properties. All of them are materials that are present in our daily life.
- Carton decomposes and each part can be reused if you place it in the yellow trash can. A hydrapulper is used for the complete recycling of these cans. It is a machine where carton is soaked to separate its different layers. After, the paper fiber is separated through filtration, and it can be reused in paper manufacturing.
- Plastic transforms in a new raw material by cleaning, grinding and extruding techniques, such as garbage bags, hangers or pallets.
- According to the World Bank, more than 1,3 trillion tons of garbage are produced annually, being 27% plastic and paper.

In Power Electronics we recycle both plastic and paper. Sin the beginning of 2021, in our production plant we have several clean points, where workers throw waste that has been produced.

Each small action counts and in Power Electronics we bet on the principle “reduce, reuse and recycle”; we avoid plastic bags and opt for cloth bags when new employees join the company.

This is all part of our sustainability strategic plan. We also have a bus for workers to reach the Campus, reducing this way daily emissions in each journey. Our corporate fleet is also 100% electric and we have more than 10 charging points for employees in the Campus. We have also started to electrify the merchandise transport fleet between our workplaces.

In 2022 we eliminated from the Power Electronics’ Campus all the single use plastics, which meant a daily saving of 140kg of CO2.

On the occasion of the Global Recycling Day, the company carried out and action where nearly 30 families participated. Thanks to the activities based in “reduce, reuse and recycle”, both parents and kids were able to learn how small recycling actions have an impact in their daily life.

Finding a good planet where to live is complicated. So, why don’t we take care of the one we already have?

Recycling is possible in many ways and every small act can have a great impact in the planet, reducing the consumption of resources and the deterioration of our planet.

Power Electronics’ recycling keys for taking care of the planet

 

In recent years, the need to electrify roads worldwide has become increasingly important due to the urgent need to reduce greenhouse gas emissions and combat climate change. The United States has become a key player in the fight against global warming, as it is one of the largest emitters of CO2 in the world and has one of the largest vehicle fleets on the planet.

According to the 2021 US Greenhouse Gas Emissions Report, published by the Environmental Protection Agency (EPA), the transportation sector was responsible for 28% of the country’s total greenhouse gas emissions, with 83% of emissions coming from road transport.

According to the United States Energy Information Administration (EIA), the motor vehicle fleet in the US in 2021 exceeded 280 million registered vehicles. A fleet that continues to grow at a steady rate of about 1.5% per year, representing an additional challenge to reduce greenhouse gas emissions and promote road electrification.

**Road electrification in the United States**

This road electrification, which seeks to respond to the pressing need to reduce polluting emissions from one of the sectors with one of the largest carbon footprints, consists of installing charging infrastructures and technologies for electric vehicles on roads, allowing drivers to recharge their electric vehicles on the go and reduce dependence on oil and the emission of polluting gases.

A trend that has been gaining momentum worldwide in recent years, with numerous countries and companies starting to implement electric vehicle charging solutions on their roads.

In the case of the United States, road electrification has become an even greater necessity due to its dependence on imported oil. A dependence that only exacerbates the country’s vulnerability to fluctuations in the global energy market, which in turn can have a negative impact on the economy and national security.

For all these reasons, road electrification has become a key objective for the United States. Therefore, the government and companies have begun to take significant steps to promote this trend, launching incentive and subsidy programs for the installation of charging infrastructures on roads.

In this context, the work of technology and energy companies like Power Electronics, who have been working on the development of electric vehicle charging solutions across the country, is crucial to achieving the desired objectives of different US administrations.

**Power Electronics, a key driver of electric mobility**

Specializing in the design, manufacture, and sale of power electronics equipment for various applications, with a focus on electric mobility, Power Electronics has extensive experience in the development of electric vehicle charging solutions and has worked on several projects in the United States to drive road electrification.

Perhaps the best example of how Power Electronics has contributed to road electrification in the United States is its participation in Miami International Airport, which serves more than 45.9 million passengers annually, and where the company has installed charging stations.

In total, the company has more than 500 electric vehicle charging stations in the Americas, making Power Electronics one of the leaders in electric mobility in the United States.

All thanks to solutions like its NB Station, the most powerful and competitive solution on the market, capable not only of charging all types of electric vehicles but also of storing energy from photovoltaic fields and thus optimizing the energy supplied to vehicles.

In short, road electrification in the United States is a growing trend that seeks to reduce dependence on oil and reduce the carbon footprint of transportation, with Power Electronics being one of the main companies participating in this process, working on development and implementation.

The United States government is investing in the electrification of roads to reduce its dependence on oil and greenhouse gas emissions in a country with one of the largest vehicle fleets in the world.

Electrifying roads: a key solution to reducing greenhouse gas emissions in the US.


The 76<sup>th</sup> edition of the Cannes Festival was held from May 16 to 27, 2023. The most important film festival in the world brought together film stars from all over the world and Power Electronics witnessed it. 

The company’s electric chargers, world leader in renewable energy, contributed to bring sustainability closer to the event where filmmakers, actors, producers and critics from all over the world got together. 

During the days the Festival was held in the French city of Cannes, the 200 official vehicles of the organization were able to recharge on Power Electronics’ chargers. 

This action has had a great environmental impact and has saved 80 tons of CO2 and 28,000 liters of diesel. Power Electronics is committed to bring sustainability closer to important events where electric mobility plays a key role. 

The transport sector is responsible for up to 25% of CO2 emissions in Spain, and almost 40% of the emissions of the diffuse sectors. These aspects have made it’s in the crosshairs of all actions and trends aimed at achieving a greener and more sustainable future. 

Power Electronics participates every year in numerous technology exhibitions and events all over the world, an opportunity for the company to show its latest electric mobility developments. 

Power Electronics is currently one of the most innovative manufacturers in the field of superchargers for electric vehicles, one of the applications most in demand by the sector. They allow charging times to be drastically reduced, a fundamental factor in helping users to opt for electromobility.

According to the Spanish Association of Automobile and Truck Manufacturers (ANFAC), more than 36,444 electric vehicles we sold/registered in 2022, a 31.28% more than in 2021. 

Power Electronics bets on electric mobility and sets aside resources and investigation to carry out fast charging solutions for electric vehicles. The electric car market is constantly growing, achieving its best market peaks.






Electric mobility is here to stay and each time more and more standard vehicle companies join the energy transition with new car models.

Power Electronics lands at Cannes Festival 2023

 
Do you know what does “This Out The Box” mean? On the occasion of the Innovation and Creativity World Day, celebrated by Power Electronics on the April 21th, the multinational has wanted to show different ways in which these concepts are present in its day-to-day.

Teamwork of all the professionals that are part of the multinational allows that Power Electronics is pioneer in providing solutions for the renewable energy market. Continuous improvement and innovation are key factor in order to continue growing, especially when talking about the energy sector. Therefore, the I+D department has more than 250 engineers, being electric, electronic, industrial and mechanical engineers the most renowned positions.

According to PwC’s Global Innovation Survey, 20% of the most innovative companies experiment an increase over the 62%. For this reason, Power Electronics has wanted to focus on innovation and creativity during April.

Thanks to the work done by the Power Electronics team over the years, the multinational is a reference company in the renewable energy sector thanks to its innovative products, which have set a trend over the years.

**Do you know which have been the pioneer products of Power Electronics?**

* In 2003, Power Electronics launched the **first SD700 speed variator**.
* In 2011, Power Electronics became the **first manufacturer to launch a 1MW central-modular indoor inverter**.
* In 2016, Power Electronics produced and designed the **first central-modular inverter from 1500V up to 3.5MW**.
* In 2017, Power Electronics was pioneer worldwide in **launching the first medium voltage central-storing inverter up to 3.8 MW**.
* In 2019, the creation of the **first NB Station of 500 kW took place and one year later the NB Station of 1.2 MW was created**.
* In 2022, Power Electronics developed in the PE Campus roof the **largest self-supply project with batteries in Spain, pioneer and model in innovation and sustainability for every other industry**.

In order to be different to others it’s necessary that you are ready for any challenge, and to innovate it’s essential that you can see with different perspectives.

Continuous improvement and innovation are key factors in order to continue growing, especially when we are talking about the energy sector. Within its commitment to innovation, the multinational has more than 250 engineers in the I+D department, being a reference company in the renewable energy sector.

Power Electronics stands out thanks to its innovation techniques

La Carrera de las Empresas Valencianas ya es una cita obligada para la mayoría de las empresas con sede en la capital del Turia, sin ir más lejos, este año llega a las dos cifras de edad con la celebración de su décima edición.

La décima edición ha llegado con una nueva identidad gráfica, distancias homologadas por la Real Federación Española de Atletismo y una fuerte apuesta por la sostenibilidad mediante la gestión eficiente y reciclaje de residuos generados durante la carrera.
El evento, que ha tenido lugar este domingo 07 de mayo 2023, ha reunido a más de 3000 corredores y a 300 empresas, que han disfrutado de una jornada de deporte y compañerismo.

De entre las numerosas empresas que han acudido este domingo a la Avenida Maestro Rodrigo, destaca Power Electronics, que ha participado con más de 300 corredores en esta edición, batiendo su propio récord de participación – que se situó en 197 corredores en la pasada edición – y además ha coronado a la multinacional como la empresa con más participación por segundo año consecutivo.

Power Electronics ratifica así su firme apuesta por el bienestar de las personas que trabajan en la compañía, pues la carrera es una más de sus acciones anuales de fomento del bienestar, entre los que se encuentran eventos deportivos y acciones de salud.

*“Para nosotros, el bienestar tanto físico como mental es una prioridad. Y eventos como la carrera son fundamentales para promover estos hábitos en nuestras personas. Es imprescindible promover desde la empresa entornos dinámicos donde el deporte y el trabajo en equipo sea el nexo de unión” destaca Víctor Iranzo, Director de Seguridad y Salud de Power Electronics.*



La multinacional especializada en energía renovable bate el récord de participación por segundo año consecutivo.

Power Electronics bate el récord de participación en la Carrera de las Empresas Valencianas

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The multinational reaffirms its strong commitment to sports, getting involved in the world’s most important electrical motorcycle championship with the Openbank Aspar Team, who are strengthening their ranks by incorporating Jordi Torres, twice electrical motorcycle champion in 2020 and 2021.

In addition, the team has opted for the continuity of María Herrera, who at 26 will tackle her fifth season and is one of the three rider that has taken part in the electric races.

The company highlights the importance of sponsoring teams that share the same values as the organization regarding sustainability and equality and affirms they are firmly committed to being present at the only electric motorcycle championship in the world, this year consolidated as a World Championship for the first time.

The Aspar Team, led by Jorge Martínez “Aspar” is one of the teams forming part of the competition, which will include 16 races this year and which pursues sustainability in motorsports as well as the fight against climate change, thanks to the reduction of CO2 emissions achieved through the use of electric vehicles.

These values are also part of Power Electronics’ DNA, which works daily to make the switch from fossil to renewable sources a reality thanks to its four product ranges: solar energy, energy storage, electric mobility, and industrial efficiency.

Power Electronics is committed to environmental awareness, which is why it has renewed sponsorship of the Openbank Aspar Team, competing in the MotoE World Championship, this year with the incorporation of the pilots Jordi Torres and María Herrera.

Power Electronics renews sponsorship of the Openbank Aspar Team for the Moto E World Championship

The world's leading energy storage company and first manufacturer of solar inverters reinforces its commitment to the electric vehicle sector by presenting a complete range of fast chargers for fleets and road infrastructures.

Under the slogan "Unlimited Energy" Power Electronics announces its presence at CES 2023, the largest technology fair in the world. In this edition, the company is preparing a 500m2 stand that will become the perfect space to present the latest trends in electric mobility, ranging from the NB Station with the option of charging buses to highway infrastructure.

CES visitors will also be able to see new developments in the domestic range, including luxury and competition vehicles such as the Hispano Suiza and RallyCross, which will be on display at Power Electronics booth 10415 in the North Pavilion.

As part of its commitment to innovation, the multinational will take advantage of this fair to present the latest software and hardware solutions that offer developers more optimized equipment in which data can be accessed in real time.

Supporting the energy transition.

> Our goal at this show is to tell the story of how the world's largest power conversion company supports the electric vehicle industry by providing powerful chargers for fast and reliable installations. We're not just talking about product innovation, we're talking about our commitment to the energy transition. 

_Ron Puryear, Vice President and General Manager of Power Electronics USA._

From January 5 to 8, the company will share its solutions for clean cities, industries and roads at the Las Vegas Convention Center, and booth visitors will be able to recognize the important role of the electric vehicle sector for a more sustainable future.


Power Electronics presents its latest electric mobility solutions at CES 2023


Building a path towards an increasingly sustainable future requires talented professionals who are willing to innovate, train and dream of a more efficient world. Without a doubt, the energy transition requires professionals who are not only willing to develop pioneering solutions to change the world, but who also believe in a world of zero emissions.

 

Without a doubt, this is how the people who work every day to make the energy transition a reality are like. And you just have to look at the data, because according to data from the [International Energy Agency](https://www.iea.org/), renewable energy has not stopped breaking records for installed power and supply for more than 5 years.

 

Power Electronics is an example of the growth of this sector, since our origins go back to a small workshop in the town of Valencia that has been able to become a multinational with 25 international delegations with a common goal: global decarbonization. America, Oceania, Asia and Europe unite synergies that come together in Valencia, Spain, the company's headquarters and where its production plant is located, which produces 200 solar inverters every week.

 

**And why Valencia?**
 

It could simply be the fact that Power Electronics was born here, but it could also be why Valencia is on its way to becoming an international technology hub. For its climate, for its culture, for its sustainability, but, above all, for its talent, which is what has made it the World Capital of Design 2022 and European Green Capital 2024.

 

Valencia is synonymous with development, but, in addition, Power Electronics is firmly committed to vertical integration as part of its localization policy. The company chooses to be responsible with local production, developing a 100% Spain brand product with the best features on the market. It is based on betting on local talent to become a world leader, and bets on what is close to all of us. It is based on producing fewer emissions, but, above all, on enriching our environment.

 

**What is the key to the development of the new generations?**
 

That is why Power Electronics works actively with Valencian universities, benchmarks at a European level for their high technology, with the aim of training future generations. Under this emblem, the multinational has created the world's first master's degree in energy transformation, which, together with the University of Valencia, is responsible for training the youngest students to continue working and developing renewable energy. As well as the [MBATT Master, the first English-speaking online master focused on the battery value chain](https://power-electronics.com/master-in-battery-technology/), co-directed by entities such as the ITE (Technological Institute of Energy) and the support of the Generalitat Valenciana.

 

In addition, the company of Valencian origin works side by side with the UPV in the [Cátedra Power Electronics UPV](https://catedrapwe.webs.upv.es/) with the aim of attracting the best talent and being able to provide it with tools to make environmental transformation a reality.

 

In this constant search for excellence, research, development and improvement of the systems with which it currently works, there is the professionalization of the people who build the company and who are in charge of promoting the cultural transformation that causes the change of energy paradigm.

 

**Do you want to join? Click [here](https://power-electronics.com/empleo/)**

Building a path to a sustainable and talented future

Power Electronics will once again be present from October 18 to 20 at the **Solar & Storage Live 2022** fair (Birmingham, United Kingdom), the largest solar energy and energy storage fair in the United Kingdom.

 

The multinational will present, at **Stand 3 Hall J1**, its latest advances in energy storage, specifically, the latest generation of its 4.4 MVA compact inverters, with the capacity to connect up to 4 independent BESS, and allowing the operation of at full power with voltages up to 1500Vdc.

 

The latest reports from the consultancy [Aurora Energy Research](https://auroraer.com/) show that the UK could need up to 24 GW of energy storage over the next few years to be able to integrate the country's renewable energy, which is equivalent to to 8 times the currently installed capacity.

 

Paul Donnelly, Power Electronics Business Development Manager (Solar and Storage Division), highlights the importance of this event, “the number of solar and storage projects in the UK market is increasing. Currently, we participate in large battery energy storage projects, and we are sure that the number will continue to grow in the coming years. Historically, the United Kingdom has been a very important market for us, we are number one in utility scale there and, with the growth of projects in storage, we want to maintain that position”.

 

Power Electronics has been a leader in the renewable energy sector in the British market for more than 10 years. For this reason, the multinational continues to be firmly committed to reaching the renewable targets set for 2035 in the United Kingdom through energy storage.


The world leader in energy storage Power Electronics presents its latest generation of inverters in the United Kingdom


After the success of the CharIN Festival & Conference Europe, Power Electronics will once again be present at the 6th edition of the [Testival & CharIn e.V. North America 2022](https://www.charin.global/events/charin-testival-and-conference-north-america/), this time in Portland, Oregon, USA, from October 4 to 7.

During the event, which will bring together manufacturers of automobiles and charging stations, component suppliers and network operators, among others, the multinational will show the new Plug&Charge functionality in America, a solution that improves the simplicity, safety and protection of the user privacy, which Power Electronics continues to develop.

In addition, the various car manufacturers will be able to test the electric vehicle charger [NBw30](https://power-electronics.com/mobilidad/nbw30/): the _all-in-one_ solution from Power Electronics that provides 30 kW of power in an extended voltage range.

## Presence of Power Electronics at CharIN Europe

Power Electronics' presence at [CharIN Europe](https://www.charin.global/events/testival-conference-europe-2022/) was a success, and the company expects it to be a success in the US market as well, ensuring interoperability with major manufacturers for new models currently in production or future software updates to their vehicles in the field.

Currently, Power Electronics continues to work on the MCS (Megawatt Charging System) solution through specialized work groups in the design and manufacturing process of the first prototypes compatible with this system, which will be the next step in fast charging interoperability. vehicular.

## About Power Electronics

Power Electronics is the world's leading manufacturer of solar inverters for photovoltaic plants and the world leader in storage. Its products are present in nearly 2,000 plants in 35 countries around the world. The company closed 2021 with a figure of 70 GW of installed AC power, which has prevented the discharge of more than 70.5 million tons of CO2 into the environment.


New functionality of Power Electronics chargers arrives at CharIN Testival North America

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