Satcon Solstice Selected for 63 Megawatt Power Plant in Puerto Rico
October 12 2010 - 7:00AM
Business Wire
Satcon Technology Corporation®(NASDAQ CM: SATC), a leading
provider of utility-grade power conversion solutions for the
renewable energy market, today announced that Solstice® has been
selected for the 63 megawatt (MW) CIRO One Solar PV Plant in the
U.S. Commonwealth of Puerto Rico.
CIRO One will utilize 126 Satcon Solstice 500 kilowatt (kW)
solutions, the industry’s first complete power-harvesting and array
management solution for large-scale commercial and utility-scale
solar power plants. The solar power plant is situated on 180 acres
within the Lapas District of Salinas and is projected to generate
116 million kilowatt hours of energy, equating to 201,000 barrels
of oil saved every year.
“The CIRO One Solar PV plant installation is one of the largest
and most advanced in the world,” said Ruben Perez, President of the
CIRO Group of San Juan. “The project presented us with significant
challenges that required us to leverage the most advanced
technologies available. The size of the installation combined with
the uneven terrain at various elevations presented us with system
design constraints, necessitating the flexibility that Satcon
Solstice delivers. Satcon has provided us with the technologies and
system-wide expertise that has helped us to make renewable energy
resources a significant component of the Puerto Rican electricity
grid, helping us to achieve a higher degree of energy independence
and alleviating the Commonwealth’s dependence on crude oil.”
Introduced in late 2009, Satcon Solstice leverages string level
power conversion and energy harvest optimization that is integrated
as a complete system with a highly optimized centralized inverter.
Solstice increases the overall energy yield of solar installations
by 5-12 percent while simultaneously reducing the other balance of
system material costs by 20-25 percent compared to a centralized
inverter system.
“The CIRO One Solar PV plant is a significant accomplishment in
both its size and sophistication,” said Steve Rhoades, Satcon’s
President and Chief Executive Officer. “The value of Satcon
Solstice is in its ability to take very large installations, like
CIRO’s, and to divide them up into less than 3 kilowatt (kW)
increments, which enables tailored design flexibility to address
the variable geographical constraints and the challenges associated
with such terrain, generating significant performance improvements
through fine-grained energy harvest. The result is a highly
optimized utility-scale power plant that has higher reliability and
higher power production levels, all of which can be viewed and
controlled by the utility just as they manage all other power plant
assets on their grid network.”
CIRO One will begin construction in October of 2010.
About Satcon
Satcon Technology Corporation is the leading provider of
utility-scale power solutions for the renewable energy market,
enabling the industry’s most advanced reliable and proven clean
energy alternatives. For over 25 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
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