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    Areva's T&D unit has bidders lining up – Cleantech Group

    Areva's T&D unit has bidders lining up Cleantech Group Areva is also active in the biomass sector. Last year, Areva received a €33 million contract to build a biomass power plant, fueled by sugarcane bagasse, … Bidders are lining up for Areva T&D – paper Reuters Areva: 2Q Revs +3.5%, Unable To Confirm '09 Guidance Wall Street Journal Alstom, Schneider Electric weigh joint bid for Areva T&D domain-B all 10 news articles

    Xantrex Technology Inc.: Xantrex(TM) Announces Launch of Utility Scale Grid Tie Solar Inverter at Solar Power International 2008

    VANCOUVER, BRITISH COLUMBIA (MARKET WIRE) Xantrex Technology Inc. (TSX: XTX), a subsidiary of Schneider Electric, announces the launch of the Xantrex GT500 Grid Tie Solar Power Inverter at Solar Power International 2008 – North America’s largest solar industry conference and exposition.   RSS feeds and News widgets on Feedzilla.com

    APC: APC Announces Next Generation Fuel Cell Product for Data Centers

    WEST KINGSTON, RI (MARKET WIRE) APC by Schneider Electric, a global leader in integrated critical power and cooling services, today announced its next generation Fuel Cell Extended Run (FCXR) product that provides hydrogen-based, environmentally friendly backup power for the company’s InfraStruXure(R) data center solution. APC, part of global energy management specialist Schneider Electric, is committed to providing its customers with highly efficient, green backup power solutions to meet the need for clean and reliable extended run options in network critical applications. InfraStruXure fully integrates power, cooling,   Free content on FeedzillaMattresses

    Xantrex Bought for $500M

    Xantrex, a Vancouver, British Columbia-based maker of power electronics for renewable energy systems, said today it’s agreed to be acquired by Schneider Electric, a French energy management firm, for C$15 ($14.66) a share, or C$500 million ($488 million), in cash. The buyout includes a separate deal for Xantrex to sell its programmable power business; it has arranged sell the unit to Ametek for C$120 million. This news comes a week after Xantrex said it had entered into exclusive negotiations to sell the company but had not named any buyers.

    The deal, which is expected to close in October, remains subject to shareholder approval. At last check, shares of Xantrex were trading up C$1.19, or just shy of 9 percent, at C$14.65. The deal will give Xantrex access to the global market to sell its power electronics, which include inverters for solar power and wind energy systems.

    Xantrex has recently inked $7.3 million worth of supply agreements. This month, it signed a deal to provide its inverters to solar energy provider Sun Edison over the next year that it says is worth some $5 million. Xantrex will also be supplying the mysterious and cash-laden OptiSolar with $1.9 million of inverters for that solar company’s planned 50-megawatt solar farm in Sarnia, Ontario, by the end of year.

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