| Satcon Technologies provides a suite of utility grade | | | | been selected by Southern California Edison to supply |
| power conversion solutions and services for | | | | inverters for at least 75 percent of its Solar |
| commercial and utility scale renewable energy | | | | Photovoltaic Program Project (SPPP). Under the |
| installations and distributed energy markets in the | | | | SPPP, there are plans to install, own and operate up to |
| United States and internationally. Its renewable energy | | | | 250 megawatts of solar generating capacity over the |
| solutions include utility grade inverters for solar | | | | next five years, 75 megawatts of which are in |
| photovoltaic and fuel cell applications. In 2003, Satcon | | | | immediate development. The product to be installed is |
| launched the world's first single-cabinet PV converted, | | | | Satcon's PowerGate Plus 500 kilowatt solution, the |
| and since then has introduced a host of other more | | | | world's most widely deployed utility ready solar PV |
| powerful, more reliable invertors to its wide range of | | | | inverter. |
| commercial customers. For what was one of the | | | | June 9th – The company announced that they |
| biggest deals of 2008, the company was chosen by | | | | have been selected by Q-Cells for multiple large scale |
| General Motors to provide PV invertors for a car | | | | solar PV power plants in Ontario, which when |
| manufacturing facility in Spain. | | | | completed, will be among the largest PV installations in |
| The company has been releasing press the last few | | | | North America. These projects are contracted under |
| days that has investor's rewarding the stock price. | | | | the Renewable Energy Standard Offer Program |
| Here's a breakdown of all the news. | | | | developed and overseen by the Ontario Power |
| June 8th – The company announced that the | | | | Authority ("OPA") and will connect to local utility PUC |
| Satcon Solstice system solution is now available in | | | | Distribution, Inc. They are scheduled to be operational in |
| Europe, following the successful launch of the solution | | | | the third quarter 2010. |
| in North America in the October of 2009. Satcon | | | | June 9th – The company has also introduced its |
| Solstice delivers fine grained power harvesting and | | | | next generation utility ready solar PV inverter solution, |
| control with advanced utility ready grid interconnection. | | | | Satcon Equinox. With its unparalleled system wide |
| Its unique design boosts total power production by 5-12 | | | | intelligence, Edge MPPT performance optimization and |
| percent over designs using standard inverters, while | | | | industrial-grade engineering, the Equinox solutions |
| simultaneously reducing the overall system material | | | | deliver a best in class efficiency of 98.5% and offer |
| costs by 20-25 percent. | | | | the highest levels of system wide performance, uptime |
| June 8th – the company announced that it had | | | | and reliability. |