About MLT DrivesMLT Drives is a solar power products and services company that designs, manufactures and markets high-performance solar power technologies. The company operates from Cape Town, South Africa and has developed; engineered; manufactured and installed various-scale solar power inverter systems. MLT Drives is currently seeing its core product, the MLT Powerstar inverter, entering the maturity stage after it overcame several technical challenges. The MLT Powerstar inverter now has a modular expandable system with 6,12,18 KVA and is adding a new range by introducing the 8,16,24 KVA systems which can also be installed in parallel, allowing MLT Drives to serve customers who require high capacity. A range of small inverters is also part of the product range, often used for back-up systems and grid stabilizing. The stand-alone systems with features such as perfectly efficient generator and battery-bank handling are gaining terrain. What all MLT products have in common is that they are particularly useful for African markets with large numbers of off-grid facilities, an unstable grid network and dramatically increasing energy prices instigating a trend towards independent green energy systems such as solar panels and inverters. MLT Drives is at the beginning of an interesting period of transition where conventional energy sources are replaced with renewable sources. MLT Drives has the product ready and the ambition to become Africa’s most complete and competitive inverter supplier. Company ProfileMLT Drives has had a long-term focus on research and development activities, putting constant product improvement above maximising short-term profits. The result is the MLT Powerstar inverter, which has been used in various different domestic and commercial applications under varying circumstances and has proven to be robust and reliable. MLT Drives has also collaborated with companies in the US and Australia.
MLT has also adapted a retail function leading to various incentives for the company. First there is the profit on sales from imported goods. Clearly there was a strong demand for a retailer of solar panels and solar equipment, which has lead to added profits from domestic sales. The technical department could expand skills by developing customised system set-ups. Domestic customers also form a close by feedback base, which contributes to the development of the original MLT product, the MLT Powerstar inverter. MLT products have also found their way into a promising third market, namely large-scale commercial projects. Applications include rural electrification, integration of solar power systems in newly built houses and the mass application of stand-alone systems like traffic and streetlights. Market ProspectsMLT Drives has been ready to take a logical step and take the company to the next level. Waiting for more favourable circumstances in the domestic market, MLT Drives has wasted no time and found several challenging African projects to supply with a full range of inverters, battery chargers and complete hybrid energy systems. The global economic setback has had limited effects on the company since it has a diversified sales portfolio and is still very flexible thanks to its relatively small structure. Sales are steadily increasing and profits are used as retained earnings to maintain a very healthy solvency ratio. Most African governments are completing their regulatory frameworks to implement feed-in tariffs, which will most definitely lead to an enormous market potential for solar power systems and thus inverters. South Africa seems to be the first to actually do so, following the global trend. Already feed-in tariffs for large-scale solar installations have been implemented. Stable market growth, upcoming regulatory incentives, technical improvements leading to improving industry competitiveness, expanding reputation within the industry and a constant internal development contribute to MLT Drives being confident about a sunny future. SalesMLT Drives has sold its products worldwide. In countries with challenging grid supply conditions MLT Drives found its inverters to offer highly customised solutions. Countries that currently have MLT inverters and solar panels include:
The year 2009 has been very dynamic with drastically increasing energy prices in the domestic market, the global economic crisis and the push for an improved regulatory framework for the national solar panel and solar energy industry. MLT Drives continues to improve the products and managed to attract new personnel to expand the business oriented focus for the company. The expanded marketing and sales activities will allow MLT Drives to exploit the potential of the MLT inverters that have now become very competitive, both for national and international markets, due to ongoing investments in the R&D activities which have also increased steadily. Mission Statement"Established in 1986 MLT Drives is a respected and trusted brand throughout the alternative energy market. With a cutting edge research lab boasting ten electrical engineers from world-class universities, MLT Drives continues to be at the forefront of the alternative energy industry." "MLT Drives wants to be the preferred source for inverter systems implemented in alternative energy systems especially in the upcoming African markets, with a constant dedication towards maximising service levels and product upgrades the company houses the right values to remain a trusted and successful brand within a growing industry." Contact MLT Drives today to find the right solar power product to suit your needs. |
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