AEG Power Solutions, a global player in power electronics, announced its annual report for the year 2009, which can be viewed on the website of the company at: http://www.aegps.com/en/investor/index.htmlor on the Euronext website.
The 2009 Annual Report contains the consolidated financial statements of 3W Power Holdings. The document incorporates results of AEG Power Solutions for the period from September 10, 2009 to December 31, 2009. The Annual Report also incorporates the results of AEG for the years ended December 31, 2008 and 2009, including a pro-forma, unaudited consolidated income statement of 3W Power Holdings incorporating
One of the world's most comprehensive product and service portfolios in power conversion and control is offered by AEG Power Solutions. These services are offered to customers for spanning the infrastructure markets of energy, telecom, lighting, transportation and general industrial sectors. For interfacing with the electrical power grid and also to offer power solutions for mission-critical applications in harsh environments, such as power plants, offshore oil rigs, chemical refineries, and utility-scale renewable energy plants, system solutions are designed by AEG PS. From solar inverters to turnkey solutions, the company has developed a full range of products for the solar energy industry. Investments are being made by the company in solutions that will enable distributed power generation and smart micro-grids.
The company is renowned for its engineering excellence, benefiting the customers from over a century of expertise and field proven products under the AEG PS, Harmer & Simmons, and Saft Power Systems brands.
AEG PS has its Headquarters near Amsterdam. The company's more than 1500 manpower over the world contributed revenues of nearly €400 million (pro-forma and unaudited) in 2009.
In 2009 following a business combination with 3W Power Holdings Ltd, AEG Power Solutions became a public company. Shares of 3W Power Holdings Ltd are listed on Euronext Amsterdam.
Calvin Azuri is a contributing editor for IoTevolutionworld. To read more of Calvin's articles, please visit his columnist page.Edited by
Erin Harrison