Power-One and Magnetek Go Alternative

Power-One and Magnetek to Market Alternative Energy Inverters Camarillo-based Power-One Inc. and Magnetek Inc. have formed an agreement to promote and distribute commercial and residential solar as well as small wind alternative energy inverters. “This is definitely a win-win for both companies,” Power-One CEO Bill Yeates said. “With our products, many of which have the highest efficiencies currently rated by the CEC [California Electric Commission], and Magnetek’s channel to the market, we can together capitalize on this fast-growing market.” Under the agreement, Magnetek will have exclusive distribution rights for the Commercial Photovoltaic (Solar) Aurora product line in North America and will market it under the Magnetek brand label. Magnetek will also have non-exclusive distribution rights for Power-One’s Residential Photovoltaic Aurora product line and non-exclusive worldwide distribution rights for Power-One’s Aurora Small Wind Inverter product line.