Satcon Supplies Solar PV Inverter Platforms for Canada’s Largest Solar Power Plant
October 21 2009 - 7:04AM
Business Wire
Satcon Technology Corporation (NASDAQ CM: SATC), a leading
provider of utility scale power solutions for the renewable energy
market, announced today that their PowerGate Plus 500 kW solar PV
inverters were selected for and are now fully operational at First
Light, Canada’s largest solar farm developed through a joint
venture between SunEdison and SkyPower. The 9.1 megawatt First
Light installation is located on approximately 90 acres of land in
Stone Mills, Ontario, and is projected to generate more than 10
million kilowatt hours (kWhs), enough electricity to power almost
1,000 homes in its first year of operation.
“The First Light Solar Park is the largest system deployed under
Ontario’s RESOP and is a significant step in the growth of utility
scale solar power generation in North America,” said Carlos
Domenech, SunEdison Chief Operating Officer. “Producing reliable
large scale solar power in the challenging Ontario climate
presented design challenges to our project team. Satcon brought the
expertise and the proven inverter technologies to help us achieve
the performance and quality required to deliver stable and reliable
solar power.”
Under the terms of the agreement, Satcon supplied 18 of its
PowerGate Plus 500 kW inverters, the industry’s most proven large
scale solar PV power conversion technology solution, with over 170
megawatts delivered worldwide since 2005.
The selection of the PowerGate 500 kW for First Light is yet
another example that, as today’s solar PV farms grow in size and
complexity, Satcon’s suite of utility solutions continue to set the
standard for projects that require highly reliable and efficient
power production. Satcon’s other utility grade solutions include
the fully integrated 1 megawatt medium voltage platform, Prism™,
and the recent addition to their product line, Solstice™, the
industry’s first complete power harvesting and management solution
for utility class solar power plants. Prism and Solstice, along
with the PowerGate 1 megawatt and 500 kW solutions, give Satcon the
most complete set of utility ready products in the industry.
“First Light further demonstrates the growing adoption of large
scale solar installations in North America and the increased demand
for advanced feature, utility grade solutions,” said Steve Rhoades,
President and Chief Executive Officer of Satcon. “We have worked
closely with both SunEdison and SkyPower to develop a total system
solution that delivers the highest levels of performance and
reliability designed for the challenging Canadian environment. With
First Light, we continue to set the standard for large scale solar
power production in North America.”
The grand opening ceremony for First Light was held on October
14, 2009 in Stone Mills, Ontario.
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.
About SunEdison
SunEdison is North America’s largest solar energy services
provider. The company finances, installs and operates distributed
power plants using proven photovoltaic technologies, delivering
fully managed solar energy services to its commercial, government
and utility hosts. In 2008, SunEdison delivered more kilowatt hours
(kWh) of energy than any other solar services provider in North
America. For more information about SunEdison, please visit
www.sunedison.com
About SkyPower
SkyPower is the leading independent renewable energy developer
in Canada, and possesses proven expertise in developing, building
and managing both large-scale and micro-generation wind and solar
power projects. SkyPower has developed a national footprint, with a
substantial number of projects at various stages of development
across Canada, select U.S. States, India and Panama representing
thousands of megawatts (MW) of potential nameplate capacity.
SkyPower continues to help many different jurisdictions meet their
increasing demand for cleaner, non-emitting renewable energy
solutions. For more information, visit www.skypower.com.
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that involve risks and uncertainties. These forward-looking
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"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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