Advanced Energy Announces Utility-Scale PV Inverter With 99% Efficiency At Intersolar Europe

Munich (ots) - USA's Market Share Leader to Announce New Solaron®
500E HE Inverters; Company to Highlight Recent Milestone Achievements
in Europe and North America

Advanced Energy Industries, Inc. (Nasdaq: AEIS), today unveiled
its focus for the upcoming Intersolar Europe event taking place in
Munich, Germany from June 8 - June 10, 2011. Advanced Energy (AE)
will announce recently introduced inverter product solutions,
services, and projects in Europe and North America with a special
emphasis on large solar PV deployments for commercial and utility
customers. Specifically, the company plans to highlight the
following:

- Products-Advanced Energy will announce the Solaron® 500E HE. The
500E HE has a 99 percent peak efficiency and a 98.7 percent EU
weighted efficiency. The 99 percent peak efficiency rating is .3 to
2.5 percent higher than any inverter in this power class, a testament
that AE's technical leadership and innovation has led to continuously
increasing efficiency.

- Services-Advanced Energy will highlight SiteGuard, its
whole-site operations and maintenance service plans for large scale
installations, which help lower levelized cost of energy (LCOE) and
simplify site maintenance while reducing the inconveniences and
inefficiencies of working with multiple service providers.

- Projects-Advanced Energy will detail some of its recent large
project wins which have helped it become the leader in market share
growth in PV inverter sales in North America.

"All of the solar project stakeholders we deal with - from system
customers to investors - require solar products that offer high
performance and an outstanding long-term value," said Michal Gartner,
co-founder of Photon Energy, a European based downstream integrated
PV company. "Advanced Energy's inverters fit these needs by offering
industry-best reliability and efficiency, allowing PV installations
to generate more energy over the lifetime of a system. We look
forward to exploring more project opportunities with Advanced Energy
globally."

After entering the solar PV inverter market in 2007, Advanced
Energy's acquisition of PV Powered in 2010 furthered its penetration
into the high-growth renewables market. The company's success in 2010
was due to its leadership position and dominant market share in the
commercial inverter market in North America. According to IMS
Research, Advanced Energy was one of the top market share gainers in
2010 in the global solar PV inverter market. "Advanced Energy was the
third highest market share gainer in the global inverter market last
year, and is well-positioned to capture opportunities in 2011 based
on the high-growth forecast for the North American solar market,"
said Ash Sharma, photovoltaics research director at IMS Research.

Building on the dominant position in the commercial inverter
market in 2010, the company's momentum is now growing within the
utility market in 2011. In early May, the company announced that its
inverters would power a 150MW project located in Arizona and another
project totaling 35MWs with Cupertino Electric. The Arizona project
was awarded to Advanced Energy by Zachry Industrial, Inc., a leading
U.S. EPC provider. Advanced Energy Solaron PV inverters were selected
for the project after a rigorous competitive bidding process. The
Zachary project utilizes the Solaron 500kW inverters configured as
2MW PowerStation(TM) solutions and the project site is supported by
Advanced Energy's SafeGuard Plus inverter uptime program.

"Europe has long been the leader in solar PV adoption, leading to
more sophisticated buyers, developers and project financiers who
understand the realities around bankability and LCOE, and the
importance of innovation in driving the industry forward," said Gregg
Patterson, executive vice president and general manager of Advanced
Energy Renewables. "This makes the region a fertile opportunity for
Advanced Energy's products and services that deliver industry-best
efficiencies and performance, leading to improved LCOE for system
owners and a higher internal rate of return (IRR) for project
investors. With systems installed or in development in Germany,
Italy, Czech Republic, Belgium, and the UK, we're excited to be
bringing additional products and services to our European partners
and to develop more projects in the future."

The company's renewables business is driving the adoption of solar
by lowering the LCOE for its customers. By providing reliable,
easy-to-install Solaron® and PV Powered(TM) inverters and SiteGuard®
whole-site O&M services, AE enables utility-scale, commercial, and
residential solar project developers to maximize the lifetime value
of their power plants. Customers count on AE as a trusted partner
leveraging 30 years of innovation leadership and global services
infrastructure for optimum project performance. For more information
on Advanced Energy's inverter solutions, please visit
http://www.advanced-energy.com/renewables .

About Advanced Energy

Advanced Energy (Nasdaq: AEIS) is a global leader in innovative
power and control technologies for high-growth, thin-film
manufacturing and solar-power generation. Founded in 1981, Advanced
Energy is headquartered in Fort Collins, Colorado with dedicated
support and service locations around the world. For more information,
go to http://www.advanced-energy.com .

Contacts:

Jessi Lord
Marketing Communications Manager
Advanced Energy Renewables
Ph: (541) 323-4185 jessica.lord@aei.com

Jason Morris or Katy Garlinghouse
Media Contacts
Schwartz Communications
Ph: (415) 512-0770 aerenewables@schwartzcomm.com