PRAGUE--(BUSINESS WIRE)--Satcon Technology Corporation (NASDAQ CM: SATC), a leading provider of utility scale power solutions for the renewable energy market, today announced Peter Deege as General Manager of the European, Middle Eastern and African (EMEA) regions.

With over 12 years experience in the European solar photovoltaic industry, Deege brings to Satcon the leadership and industry expertise that will leverage the company’s market leadership in North America into worldwide growth in regions across the globe. Having previously worked as a Senior Consultant at Ecofys, Product Manager at Ecostream International, and as Managing Director at Ecostream Switzerland, Deege is a seasoned executive that will direct Satcon’s growth in the largest solar market in the world. His experience in developing some of the largest projects in Europe over the past decade will match perfectly to Satcon’s position as the worldwide leader in solutions for utility scale solar PV.

“Satcon’s renewable energy solutions have consistently set the standards in performance, reliability and advanced next generation capabilities, while recent technology innovations such as Solstice and Prism continue to demonstrate our leadership in utility ready solar energy,” said Deege. “With now over 170 megawatts of the PowerGate 500 kW units installed on energy grids around the world, Satcon has established itself as the most advanced supplier of large scale solar power solutions in the rapidly expanding EMEA market.”

In addition to the Deege announcement, Satcon also released its Accelerated Lead Time Program (ALTP) for Europe, offering the market’s most aggressive product availability lead time for large scale commercial and utility solar projects. Under the program, designed to meet the high demand for European solar projects to be completed by year end, Satcon will make its PowerGate 500 kW products available with 8 week lead times.

“European expansion is central to our global strategy and we are committed to delivering the same levels of quality and service to our European customers that has allowed us to maintain our market leadership position as the best in class large scale solar PV inverter solution provider in North America,” said Steve Rhoades, President and Chief Executive Officer of Satcon. “Peter brings the leadership and industry knowledge that is key to expanding our team, our operations and our brand into the world’s most mature solar market.”

About Satcon

Satcon Technology Corporation is the leading provider of utility scale distributed power solutions for the renewable energy market, enabling the industry’s most advanced reliable and proven clean energy alternatives. For over 24 years, Satcon has designed and delivered the next generation of efficient energy systems for solar photovoltaic, stationary fuel cells, and energy storage systems. To learn more about Satcon, please visit www.Satcon.com

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