I don't have Bob's mileage on this topic but I do know a bit about motors, 3 phase and invertors.
Don't even consider the single phase option - it;s a non-starter. I doubt you will easily get a single phase 240v motor that will supply 5hp, and if you did, the start up current will makes demands on your consumer unit, etc that it may not be built for. Add to that you've got to remove the existing motor, do the mechanics of fitting the replacement and cope with a shaft diameter change.
There are thereafter two options - the 240 to 415v 3 phase invertors which are more expensive than 240 to 240v 3 phase ones, but would not need the motor taken out and rewired. The re-wiring is quite straightforward, but it will cost a day's work for someone and there will be the hassle of getting the motor out and in, plus transport. I've done a 1 hp motor of similar vintage and this would just be a bigger version of that, and correspondingly more difficult to handle.
I'm pretty sure that you will need an invertor for the power of the motor, not for the theoretical input power. The invertor will cope with the start-up current and will anyway wind up the motor speed by increasing the frequency rather than just putting all the ac power straight on line so there is virtually no start up surge.
You will need to think about your ON/OFF switching and Emergency buttons. You will be dealing with a remote from the invertor set up which means control wiring and the likes, but there are panels for this on the market. Similarly any emergency switching will need to be taken into account. Bear in mind that the invertor needs to be switched itself by its control panel or remote box, and that it's not just a black box that sits there and responds to the 240v being fed to it - you power it up and then switch it to operate the motor.
Hope this is of some help.
Another company to look at by the way is www haydockconverters.co.uk. Having just looked at their site, it may well be worth you considering going down the rotary convertor route as it is cheaper for a fixed speed set-up, and has the advantage that it is far easier to use with several different machines. I've no experience in this but the option looks worth considering.
Rob
Don't even consider the single phase option - it;s a non-starter. I doubt you will easily get a single phase 240v motor that will supply 5hp, and if you did, the start up current will makes demands on your consumer unit, etc that it may not be built for. Add to that you've got to remove the existing motor, do the mechanics of fitting the replacement and cope with a shaft diameter change.
There are thereafter two options - the 240 to 415v 3 phase invertors which are more expensive than 240 to 240v 3 phase ones, but would not need the motor taken out and rewired. The re-wiring is quite straightforward, but it will cost a day's work for someone and there will be the hassle of getting the motor out and in, plus transport. I've done a 1 hp motor of similar vintage and this would just be a bigger version of that, and correspondingly more difficult to handle.
I'm pretty sure that you will need an invertor for the power of the motor, not for the theoretical input power. The invertor will cope with the start-up current and will anyway wind up the motor speed by increasing the frequency rather than just putting all the ac power straight on line so there is virtually no start up surge.
You will need to think about your ON/OFF switching and Emergency buttons. You will be dealing with a remote from the invertor set up which means control wiring and the likes, but there are panels for this on the market. Similarly any emergency switching will need to be taken into account. Bear in mind that the invertor needs to be switched itself by its control panel or remote box, and that it's not just a black box that sits there and responds to the 240v being fed to it - you power it up and then switch it to operate the motor.
Hope this is of some help.
Another company to look at by the way is www haydockconverters.co.uk. Having just looked at their site, it may well be worth you considering going down the rotary convertor route as it is cheaper for a fixed speed set-up, and has the advantage that it is far easier to use with several different machines. I've no experience in this but the option looks worth considering.
Rob