Satcon 1 MW Solution Offers Largest Integrated Power Rating in the Industry
BOSTON--(BUSINESS WIRE)--Satcon Technology Corporation (NASDAQ CM: SATC), a leading provider of utility-scale distributed power solutions for the renewable energy market, announced today the availability of the 1 MW PowerGate® Plus PV inverter, offering the largest power rating in the industry. The PowerGate Plus 1 MW unit is Satcon’s next generation of utility ready large scale solar power solutions and is built on a foundation of the world’s most field-tested and the proven PowerGate Plus inverter line.
The 1 MW PowerGate® Plus is an industry-first, offering all the benefits and advanced capabilities of the proven PowerGate® Plus 500 kW PV inverter including, utility-grade features like advanced monitoring and control capabilities, unparalleled performance, and an industrial grade outdoor-rated enclosure for extreme environmental conditions. The 1 MW PowerGate® Plus provides even more advanced performance optimization through a phased design approach to MPPT, enabling the 1 MW inverter to achieve enhanced performance, and reduce component wear and tear through tighter optimization. Designed for large-scale, utility grade installations, the 1 MW solution delivers the performance, reliability, and the uptime required to become an integral utility device.
“We worked very closely with our customers and partners to develop the 1 megawatt solution, which provides the intelligence and advanced control capabilities required to manage large-scale, utility grade solar energy production,” said Steve Rhoades, President and Chief Executive Officer of Satcon. “The delivery of the 1 megawatt is further evidence that Satcon continues to lead the industry by engineering the renewable energy power innovation that will enable the smart grid.”
“In addition to offering superior performance, control, and higher levels of efficiency, Satcon’s utility-grade solutions reduce the total cost of installation and improve the rate of return,” said Daniel Kunz, Chief Executive Officer, Energy 21. “They continue to be our partner-of-choice in meeting the environmental, performance and financial challenges faced by large-scale utilities.”
The 1 MW PowerGate® Plus will be presented in Europe at Intersolar 2009, in Munich, Germany from May 27-29. The system, introduced in September 2008, is now available for delivery.
About Satcon
Satcon Technology Corporation is a 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 23 years, Satcon has designed and delivered the next generation of efficient energy systems for solar photovoltaic, stationary fuel cells, wind-turbines, and energy storage systems. To learn more about Satcon, please visit www.satcon.com.
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Contacts
Satcon Technology Corporation
Alida Bangs, 510-226-3812
Media Relations
alida.bangs@satcon.com
or
Leah Gibson, 617-897-2400
Investor Relations Manager
leah.gibson@satcon.com