Satcon Introduces 1 Megawatt Photovoltaic Inverter
September 03 2008 - 2:00AM
Business Wire
Satcon (NASDAQ CM: SATC), a leading provider of utility scale
distributed power solutions for the renewable energy market,
announced today that they are taking orders for their
PowerGate�Plus 1 megawatt (MW) commercial PV inverter system,
designed with advanced features for large scale utility
installations. �It is exciting to see the industry move toward
larger scale projects,� said Tobin Booth, Chief Executive Officer
of Blue Oak Energy. �The demand for utility grade installations is
increasing at a rapid pace and systems of this size and scale
require higher levels of efficiency and overall performance. With
the addition of the 1 megawatt PowerGate Plus unit, Satcon
continues to deliver the next generation of solutions for these
large projects.� Satcon�s 1 MW PowerGate� Plus is delivered as a
fully integrated power conditioning system for rapid and reliable
installation. Based on the company�s installed and proven line of
1.2 MW and 2.4 MW fuel cell inverters, the 1 MW PV inverter
solution is designed from the ground up to maximize the energy from
the solar array and to ensure maximum energy delivery over much
longer distances typical for large-area array systems. All
PowerGate� Plus solutions leverage Edge�, Satcon�s next generation
MPPT solution to optimize the power production window and
significantly boost a solar PV plant kilowatt yield. �Our PowerGate
Plus 1 megawatt system will set the new standard for output
efficiency and quality in the power conditioning industry,� said
Dr. Leo Casey, Satcon�s Chief Technology Officer. �We worked
closely with our customers and partners to engineer our solutions
with the intelligence and advanced control capabilities required to
manage large scale, utility grade solar energy production.�
Delivery for the PowerGate� Plus 1 MW units will begin in the first
quarter of 2009. 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 Blue Oak Energy Blue Oak
Energy, Inc. is one of the premier solar electric design and
engineering firms in the United States. Blue Oak Energy is focused
on providing products and services to support commercial-scale
photovoltaic (PV) energy production. 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.
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