SatCon to present Invited Paper at 2007 IEEE Power Engineering Society General Meeting
June 25 2007 - 9:23AM
Business Wire
SatCon Technology Corporation� (Nasdaq CM: SATC), a developer and
supplier of power management and system architecture solutions for
the alternative energy and distributed power markets, today
announced that it will be presenting at the 2007 IEEE Power
Engineering Society General Meeting in Tampa, Florida, this week.
The theme of this year�s Annual General Meeting is �Powering the
Future, Today�. SatCon�s presentation and paper is titled �Advanced
Semiconductor Impact on Distributed Generation, Energy Storage and
the Utility Grid�. �In this era of energy resource depletion,
energy supply fragility, and increasing concern over the
environmental consequences of our fossil fuel based economy, the
IEEE Annual Meeting is focused on these critical concerns,� said
Dr. Leo Casey, Chief Technology Officer of SatCon Technology
Corporation. �Our paper at the Annual meeting addresses the great
advantages in efficiency and reliability that are derived from
distributed, and in particular, renewable-distributed generation.
Building on our experience as a leading provider of Utility Scale
Photovoltaic and Fuel Cell Inverters, we also present the value
enhancement that is derived from the addition of sufficient storage
to the intermittent renewable resource. The ability of advanced
semiconductors, such as Silicon-Carbide, to impact this value
proposition by enabling robust MicroGrids is the unifying
conclusion of this presentation.� About SatCon Technology
Corporation SatCon Technology Corporation is a developer and
manufacturer of electronics and generators/motors for the Renewable
Energy, Hybrid-Electric Vehicle, Grid Support, High Reliability
Electronics and Advanced Power Technology markets. For further
information, please visit the SatCon website at www.satcon.com.
(SATC-G) Statements made in this document 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. The Company expressly disclaims any
obligation to update the information contained in this release.
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