KACO new energy, a global inverter manufacturer headquartered in Germany, and OCI Solar Power, a solar power developer, have finalized a partnership for the 400 MW solar project that OCI is building in Texas' San Antonio region.
According to the company, this project will account for sales to KACO of about $500 million throughout the next 10 years. OCI Solar Power will use the XP series of inverters from KACO. In their outdoor version with external transformers and an additional AC circuit-breaker on the baseplate, KACO's central inverters will be assembled to form functional units called Integrated Power Stations. The first 50 MW of solar energy will already be fed into the San Antonio grid by late 2013, and the total will be increased to 400 MW by 2016.
Like other project consortium partners Nexolon and ERCAM Trackers, KACO new energy will set up its own manufacturing plant in San Antonio, creating more than 70 new jobs, the companies add.