Company history

AEG (Allgemeine Elektricitätz-Gesellschaft) was founded in 1887 by Emil Rathenau as a direct competitor of the US based General Electric but soon diversified into pioneering work on AC transmission systems. AEG expanded rapidly always leading the world in innovation and delivering solutions to the particular technological challenges of the time. In 1947, AEG Power Solutions established itself anew as a leader in the technological fields of power interfaces to the electrical grid, where it continues to excel to this day.

Company history

  1. 1883 & 1918
  2. 1945
  3. 1947
  4. 1995 & 2002
  5. 2005
  6. 2008
  7. 2010
  8. 2011
  • HERITAGE
  • Time with ALCATEL
  • INDEPENDENT and AEG
  • PUBLIC

Creation of AEG as the German equivalent of General Electric and Saft, a battery manufacturer in France

 

Foundation of AEG SVS Power Supply Systems in Warstein-Belecke (Germany) with 25 employees.

Foundation of the Power Systems, a division of Saft

Saft Power Systems acquires Harmer &Simmons,  followed by AEG SVS Power Supply Systems. Merger with Alcatel Converters.

 

Ripplewood acquires Saft Power Systems from Alcatel

Rebranding of the group from Saft Power Systems to AEG Power Solutions. 

The company becomes publicly traded, listed first on Euronext, Amsterdam, then on Frankfurt Stock Exchange

Opening of a 400-MW capacity facility for solar inverters in Bangalore, India

RD and innovation history

  1. 1969
  2. 1995
  3. 2002
  4. 2007
  5. 2008
  6. 2009
  7. 2010

First single-phase power controller for transformer type loads

First 100% digital UPS in the world 

First power controller with complete digital 16/24 bit scope

First ultra-small, medium voltage ignition system for polysilicon reactors and processes

Highly efficient and easily scalable rectifier system for the industrial market

Ultra-efficient  inverter for photovoltaic power plants (eff. >98.7%)

Pioneering device to integrate renewable energy into smart microgrids, technological breakthrough in polysilicon production efficiency with the new Thyrobox PI