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09-11-2010
To ensure the continuity of IT services and reduce risk of downtime caused by power outages, AEG Power Solutions has announced PROTECT Blue, its...
AEG Power Solutions signs frame agreement with Bombardier Transportation GmbH for customized battery chargers. Bombardier is a world-leading manufacturer of innovative transportation solutions. Its equipment, systems and services will be used in eighty three electric multiple units of the brand new ET 430 train series.
Full-year 2009 revenue rose 17%1 to €399.4 million
2009 adjusted EBITDA increased 42%1 to reach €85 million
Adjusted net profit also up 42%1 to €42.2 million in 2009
Company positioning itself to benefit from growth in market for renewable energies and its development of applications to enable the smart grid
2010 to be a transitional year, with results reflecting late-cycle position within the value chain
Leading indicators supporting definitive recovery in polysilicon demand for solar energy needs
AEG Power Solutions, a global player in industrial power electronics, strengthens its position as a solutions provider for megawatt utility-scale photovoltaic (PV) power plants with the purchase of a majority stake in skytron energy. Founded in 1996, Berlin-based skytron provides leading-edge metering, monitoring and supervision solutions to companies in engineering, procurement and construction (EPCs), as well as to independent power producers (IPPs).
