Trying to track this down ; new p12 delivered a couple of days ago, it’s been in the rack but not connected.
I connected everything late today with my Holo May is connected to port 1; sadly the may is physically humming when connected to the p12 yet silent when direct to the wall.
I’ve tried removing ever cable from the may except for the power cable but the hum remains whenever the may is connected to the p12.
I’ve tried changing the settings, sine/multi, highlow distortion, without success.
Voltage is set to 240v as I’m based in Australia.
This wasn’t an issue with the p3 that the p12 is replacing.
I was getting transformer hum at my amp when connected to the P12 to the point I was going to return it. In my case switching from sine to MW 3 eliminated the hum. The hum is still present but minimized on MW 1/2
Which outlets on the P12 are you using for the May?
At one point I had two P20s and they caused egregious humming in my monoblocks. Same scenario you experienced- quiet when plugged into the wall, very loud buzzing when plugged into the power plant. My assessment of the situation was that the Power Plant regeneration was adding a DC offset during the conversion. Do yourself a quick favor and google ‘DC offset transformer hum’, there is quite extensive documentation out there.
PS audio used to manufacture a device to combat this exact issue called the Humbuster:
To solve my problem I added Emotiva’s solution after the Power Plant and it completely resolved the transformer hum for me: