What should I do if the drive hasn't been powered for more than three years?

You must apply input power to the drive for 8 hours before operating the motor to allow the DC bus capacitors to reform. After a long period of inactivity, the electrolytic capacitors can change internally and develop excessive leakage current, which can cause premature failure if the drive is operated without this reforming period.

From the official Lenze SMVector Variable Frequency Drive manual, page 15

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