This is a major AB problem
I too have had the same problem. I have some cabinets with up to 15 Powerflex 4 drives in them. When I shut down the cabinet, all was working fine. Upon powerup, 2 or 3 of the drives are dead. 480 volt power to them but NOTHING (no display, no worky!) Here is the interesting part of this problem. I have approximately 50 of this drives in many different configurations and I am now regularly experiencing drive failures. For the first 3 years, no problems at all, but now, there is definately something wrong. At first, the AB drive techs said it was all my installation (improper clearance -even though the book says zero clearance, too hot of an environment - cabinets measure about 105 degrees F in the middle of summer, too long of motor leads - some are as short as 10 feet, etc. etc. etc.) I have sent AB many of these failed drives in the past.
I finally got in touch with a tech there that said he "thinks" that there is a design problem with an undersized resistor. That was just in the past couple of days. I will know more about this in the next couple of weeks since I now have 2 more to send to him.
*********** RANT ***************
I have some paper work from one the drive techs - before he ever saw one of the drives - that pretty much blames the problem on poor installation. I really don't understand why some people tend to blame the victim without all the facts. I just hate dealing with some customer support and all I get is it must be an installation problem because you are the only one complaining. If and when that shakes out to be a design fault, I feel like I should push the attitude of the "highly trained drive tech" (his words) down his throat. At the least, I will call him up and said "I told you so jerk!!!!!"
************ RANT OFF ************
As a final note, if you want to keep in touch with me via PM or email (PM me for my email address) I will let you know how all this ends. I pretty sure that with approximately 10 failed drives this year (all in different installs), something big is wrong with the PF4 (and PF40).