[July 06, 2011] Eltek Valere receives two contracts for solar inverter systems in Italy Tweet Jul 06, 2011 (Datamonitor via COMTEX) -- Eltek Valere, a supplier of power electronics, has received two contracts in Italy for the solar inverter systems Theia PV Power Station, the first orders for this new solar product line. The total contract value is NOK21 million and includes shelters with approximately 11 MW solar inverters. The PV Power Station provides a turnkey solution for converting energy from large solar arrays to the medium voltage electricity grid. We expect much from the solar market in the coming years. The underlying demand and growth is solid and these important new contracts in Italy prove we have some of the best products in the market place, says CEO Jorgen Larsen in Eltek ASA. http://www.datamonitor.com Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon [ Back To TMCnet.com's Homepage ]