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Satcon Technology: Order by Suntech
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Satcon Technology Corporation, a leading provider of utility scale distributed power solutions for the renewable energy market, announced that it was chosen by Suntech Energy Solutions, a wholly owned subsidiary of Suntech Power Holdings Co., Ltd. and a leader in the design, engineering and installation of large-scale photovoltaic (PV) systems, to help power a 1 megawatt (MW) solar energy installation hosted at The North Face West Coast Distribution Center in Visalia, California. The recently completed project is financed, owned, and operated by Recurrent Energy, a distributed power company and the pioneer in Solar as a ServiceSM.
The solar installation features Satcon’s 500 kW PowerGate® Plus photovoltaic inverters, designed from the ground up to continuously deliver best-in-class reliability, efficiency and long-term performance. Each Satcon 500 kW PowerGate Plus inverter includes the company’s next generation Edge™ MPPT solution, enabling large scale installations to maximize power production and significantly increase the overall efficiency of each system.
“We chose the Satcon PowerGate Plus inverter for its performance and reliability,” said Johann Niehaus, Senior Director of Engineering, Suntech Energy Solutions. “We designed the system to the highest quality, which made Satcon a natural choice.”
“Our goal is to create long-term value for our customers by providing clean, onsite power plants right where they’re needed most,” said Sateen Bhat, Vice President of Project Operations, Recurrent Energy. “Reliable inverters are a key component to our systems’ performance. We’re pleased to work together with Satcon given their ability to consistently deliver the quality, expertise, and support we need.”
“Today’s announcement further demonstrates the growing adoption of large scale solar installations in the U.S., and the increased demand for advanced feature, utility grade solutions,” said Pete DeGraff, Satcon’s Vice President of Sales and Marketing. “Our PowerGate Plus solutions have delivered millions of hours of field performance across hundreds of large scale installations. We look forward to supporting Suntech Power and Recurrent Energy in their efforts to deliver clean, reliable and cost effective energy solutions to their customers.”
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 22 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.
About Recurrent Energy
Recurrent Energy is a distributed power company and the pioneer in Solar as a ServiceSM. The company owns and operates onsite solar power systems, selling clean electricity to its customers at grid-competitive rates. By overcoming the barriers preventing widespread adoption of distributed solar power, Recurrent Energy makes solar a practical choice for today's large energy users in the commercial, government, and utility markets. For more information on Recurrent Energy and Solar as a Service, please visit www.recurrentenergy.com.
About Suntech
Suntech Power Holdings Co., Ltd. is a world leading solar energy company as measured by both production output and capacity of solar cells and modules. Suntech is passionate about improving the environment we live in and dedicated to developing advanced solar solutions that enable sustainable development. Suntech designs, develops, manufactures, and markets a variety of high quality, cost effective and environmentally friendly solar products for electric power applications in the residential, commercial, industrial, and public utility sectors. Suntech offers one of the broadest ranges of BIPV products under the MSK Solar Design Line(TM). Suntech has sales offices worldwide and is a market share leader in key global solar markets. Suntech Energy Solutions is a wholly owned subsidiary of Suntech Power Holdings Co., Ltd. For more information, please visit www.suntech-power.com.
Safe Harbor
Statements made in this press release that are not historical facts or which apply prospectively are forward-looking statements that involve risks and uncertainties. These forward-looking statements are identified by the use of terms and phrases such as "will," "intends," "believes," "expects," "plans," "anticipates" and similar expressions. Investors should not rely on forward looking statements because they are subject to a variety of risks and uncertainties and other factors that could cause actual results to differ materially from the company's expectation. Additional information concerning risk factors is contained from time to time in the company's SEC filings, including its Annual Report on Form 10-K and other periodic reports filed with the SEC. Forward-looking statements contained in this press release speak only as of the date of this release. Subsequent events or circumstances occurring after such date may render these statements incomplete or out of date. The company expressly disclaims any obligation to update the information contained in this release.
Contact:
Satcon Technology Corporation
Leah Gibson, 617-897-2400
Investor Relations Manager
[email protected]
Source: Satcon Technology Corporation
Satcon Technology Corporation, a leading provider of utility scale distributed power solutions for the renewable energy market, announced that it was chosen by Suntech Energy Solutions, a wholly owned subsidiary of Suntech Power Holdings Co., Ltd. and a leader in the design, engineering and installation of large-scale photovoltaic (PV) systems, to help power a 1 megawatt (MW) solar energy installation hosted at The North Face West Coast Distribution Center in Visalia, California. The recently completed project is financed, owned, and operated by Recurrent Energy, a distributed power company and the pioneer in Solar as a ServiceSM.
The solar installation features Satcon’s 500 kW PowerGate® Plus photovoltaic inverters, designed from the ground up to continuously deliver best-in-class reliability, efficiency and long-term performance. Each Satcon 500 kW PowerGate Plus inverter includes the company’s next generation Edge™ MPPT solution, enabling large scale installations to maximize power production and significantly increase the overall efficiency of each system.
“We chose the Satcon PowerGate Plus inverter for its performance and reliability,” said Johann Niehaus, Senior Director of Engineering, Suntech Energy Solutions. “We designed the system to the highest quality, which made Satcon a natural choice.”
“Our goal is to create long-term value for our customers by providing clean, onsite power plants right where they’re needed most,” said Sateen Bhat, Vice President of Project Operations, Recurrent Energy. “Reliable inverters are a key component to our systems’ performance. We’re pleased to work together with Satcon given their ability to consistently deliver the quality, expertise, and support we need.”
“Today’s announcement further demonstrates the growing adoption of large scale solar installations in the U.S., and the increased demand for advanced feature, utility grade solutions,” said Pete DeGraff, Satcon’s Vice President of Sales and Marketing. “Our PowerGate Plus solutions have delivered millions of hours of field performance across hundreds of large scale installations. We look forward to supporting Suntech Power and Recurrent Energy in their efforts to deliver clean, reliable and cost effective energy solutions to their customers.”
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 22 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.
About Recurrent Energy
Recurrent Energy is a distributed power company and the pioneer in Solar as a ServiceSM. The company owns and operates onsite solar power systems, selling clean electricity to its customers at grid-competitive rates. By overcoming the barriers preventing widespread adoption of distributed solar power, Recurrent Energy makes solar a practical choice for today's large energy users in the commercial, government, and utility markets. For more information on Recurrent Energy and Solar as a Service, please visit www.recurrentenergy.com.
About Suntech
Suntech Power Holdings Co., Ltd. is a world leading solar energy company as measured by both production output and capacity of solar cells and modules. Suntech is passionate about improving the environment we live in and dedicated to developing advanced solar solutions that enable sustainable development. Suntech designs, develops, manufactures, and markets a variety of high quality, cost effective and environmentally friendly solar products for electric power applications in the residential, commercial, industrial, and public utility sectors. Suntech offers one of the broadest ranges of BIPV products under the MSK Solar Design Line(TM). Suntech has sales offices worldwide and is a market share leader in key global solar markets. Suntech Energy Solutions is a wholly owned subsidiary of Suntech Power Holdings Co., Ltd. For more information, please visit www.suntech-power.com.
Safe Harbor
Statements made in this press release that are not historical facts or which apply prospectively are forward-looking statements that involve risks and uncertainties. These forward-looking statements are identified by the use of terms and phrases such as "will," "intends," "believes," "expects," "plans," "anticipates" and similar expressions. Investors should not rely on forward looking statements because they are subject to a variety of risks and uncertainties and other factors that could cause actual results to differ materially from the company's expectation. Additional information concerning risk factors is contained from time to time in the company's SEC filings, including its Annual Report on Form 10-K and other periodic reports filed with the SEC. Forward-looking statements contained in this press release speak only as of the date of this release. Subsequent events or circumstances occurring after such date may render these statements incomplete or out of date. The company expressly disclaims any obligation to update the information contained in this release.
Contact:
Satcon Technology Corporation
Leah Gibson, 617-897-2400
Investor Relations Manager
[email protected]
Source: Satcon Technology Corporation