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Advanced Energy Launches Next-Generation High-Power Modular AC-DC Conversion Platform for Rapid System Configuration and Power Scaling

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Advanced Energy Industries, Inc. launches Evergreen™, a next-generation modular high-power platform with two new air-cooled Vento™ products, providing 2.5X higher output power than current solutions. The platform offers high-performance AC-DC conversion with fast system configuration, system-level communication, and control, achieving 0.98 power factor and > 95% efficiency, reducing utility costs. Evergreen delivers more power in less space, ideal for industrial, medical, semiconductor, computing, and defense applications.
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The introduction of Advanced Energy Industries' Evergreen platform represents a significant advancement in the field of power conversion technology. The ability to deliver 2.5 times the output power compared to existing solutions indicates a substantial leap in product capability. This is particularly relevant for industries that demand high-power, high-efficiency and compact power solutions.

From a market perspective, the modular nature of the Evergreen platform allows for scalability and customization, which could lead to broader market adoption due to its flexibility. The potential for mobile device connectivity for system management could also be a differentiator in the market, appealing to customers looking for ease of use and maintenance. The emphasis on efficiency, with a 0.98 power factor and greater than 95% efficiency, aligns with the increasing focus on energy conservation and cost savings across industries.

The impact on Advanced Energy's business could be substantial if the Evergreen platform is adopted widely. The company's ability to rapidly configure products to meet specific application requirements could lead to increased sales and a stronger competitive position. This could attract interest from investors who see the potential for growth in the precision power space, especially in the listed high-growth applications like semiconductor manufacturing and hyperscale computing.

The Evergreen platform's technical specifications indicate a significant improvement in power density and efficiency. With a power density of 38 W/in3, the new platform can deliver more power in a smaller footprint, which is important for applications where space is at a premium. The high power factor of 0.98 minimizes wasted energy and can contribute to lower operational costs for users.

The 10 kW and 30 kW modules' compatibility with industry-standard 19” racks demonstrates a thoughtful design consideration, ensuring that the Evergreen platform can be integrated into existing infrastructure without major modifications. The mention of a fully automated, high-efficiency manufacturing environment suggests that Advanced Energy is focused on quality control and consistency in their product offerings, which is important for reliability and customer trust.

For businesses operating in environments where equipment uptime is critical, such as medical systems or defense, the hot swap capability of the FCM10K module is a key feature. It allows for maintenance or upgrades without significant system downtime, which can be a strong selling point.

The energy efficiency improvements of the Evergreen platform could have a positive environmental impact by reducing energy consumption and potentially lowering greenhouse gas emissions associated with electricity generation. The high efficiency rates surpassing 95% represent a notable advancement over current generation power conversion solutions and could contribute to meeting corporate sustainability goals.

In regions with strict energy regulations and policies, the Evergreen platform's efficiency and power factor performance could facilitate compliance and possibly qualify for energy efficiency incentives. This compliance could enhance Advanced Energy's reputation as a leader in sustainable power solutions and potentially influence stock market performance by attracting environmentally conscious investors.

However, it is important to consider the lifecycle environmental impact of the Evergreen platform, including the materials used in manufacturing and the end-of-life disposal or recycling of the products. As environmental policies continue to evolve, the company's commitment to sustainable practices will likely be scrutinized by stakeholders.

Air-cooled modular solutions provide optimized performance and instant customization for a wide range of high-power applications

DENVER--(BUSINESS WIRE)-- Advanced Energy Industries, Inc. (Nasdaq: AEIS) – a global leader in highly engineered, precision power conversion, measurement and control solutions – today launched Evergreen™, the next-generation modular high-power platform, with two new air-cooled Vento™ products. With 2.5X higher output power than the current generation of high-power modular solutions, Evergreen delivers high-performance, optimized AC-DC conversion with fast system configuration for instant customization and power scaling.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240326247500/en/

(Photo: Business Wire)

(Photo: Business Wire)

Addressing the growing demand for high-power, high-efficiency, high-power-density bulk AC-DC power conversion across a variety of industries, the new Evergreen platform of modular converters includes the 10 kW FCM10K air-cooled, hot swapable module in a 2 U x 3 U footprint and the 30 kW FCM30K shelf. By connecting multiple shelves together on an industry-standard 19” rack, customers can meaningfully scale total system output to ultra-high power levels for demanding precision power applications. The Evergreen platform also provides system-level communication and control from a single point of command. Mobile device connectivity, following on soon, will allow wireless identification, configuration, status check, debugging and retrieval of “black box” data for easy troubleshooting without the need to remove the unit.

Evergreen achieves 0.98 power factor for > 95% efficiency, reducing utility costs. With 38 W/in3 power density, this compact solution delivers more high power in less space. Both efficiency and power density of the Evergreen platform are significantly increased from current generations.

“Advances in end-user applications challenge designers to reduce time-to-market and cost of increasingly complex ever higher power systems in compact form factors,” said Maria Cortez, Advanced Energy’s senior vice president for Industrial Power Products. “Evergreen delivers a unique solution for these challenges and further strengthens AE leadership in modular solutions by combining fast configuration with high reliability and repeatability, as well as high power factor, efficiency and power density.”

Designed for rapid factory configuration, Advanced Energy’s Evergreen solution is backed by the company’s dedicated, rapid engineering modification team to configure each product to match specific application requirements. Built in a premium, fully automated, high efficiency manufacturing environment, Evergreen modifications are reliable and repeatable.

The flexibility and performance of the Evergreen platform makes it optimal for front-end AC-DC conversion in applications ranging from industrial and medical systems to semiconductor manufacturing, hyperscale computing, test and measurement and defense.

About Advanced Energy

Advanced Energy Industries, Inc. (Nasdaq: AEIS) is a global leader in the design and manufacture of highly engineered, precision power conversion, measurement and control solutions for mission-critical applications and processes. Advanced Energy’s power solutions enable customer innovation in complex applications for a wide range of industries including semiconductor equipment, industrial production, medical and life sciences, data center computing, networking and telecommunications. With engineering know-how and responsive service and support for customers around the globe, the company builds collaborative partnerships to meet technology advances, propels growth of its customers and innovates the future of power. Advanced Energy has devoted four decades to perfecting power. It is headquartered in Denver, Colorado, USA.

For more information, visit www.advancedenergy.com.

Advanced Energy | Precision. Power. Performance. Trust.

For press inquiries, contact:

Simon Flatt

Grand Bridges for Advanced Energy Industries, Inc.

aei@grandbridges.com

+1 415 800 4529

Source: Advanced Energy Industries, Inc.

The next-generation modular high-power platform launched by Advanced Energy Industries, Inc. is named Evergreen™.

The ticker symbol for Advanced Energy Industries, Inc. is AEIS.

The Evergreen platform achieves a power factor of 0.98.

The Evergreen platform achieves an efficiency of > 95%.

The Evergreen platform is suitable for applications in industrial, medical, semiconductor manufacturing, hyperscale computing, test and measurement, and defense.
Advanced Energy Industries Inc.

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About AEIS

advanced energy has devoted more than three decades to perfecting power—enabling design breakthroughs and driving growth for leading semiconductor and industrial customers. our precision power and control technologies, along with our applications know-how, inspire close partnerships and perpetual innovation in thin-film and industrial manufacturing. founded in 1981, advanced energy has built a diversified and global business, delivering advanced power and control technologies to customers across a broad range of industries. the ae team, deployed throughout north america, europe, and asia, provides technical expertise and responsive and agile power solutions for thin-film and industrial manufacturing.