Science and TechnologyScience and Technology
Tue, February 15, 2011
[ Tue, Feb 15th 2011 ] - Market Wire
Form 8.3 - Sinclair Pharma PLC

Satcon Selected for 19.5 Megawatt Solar PV Project in Germany


Published on 2011-02-15 06:06:41 - Market Wire
  Print publication without navigation


BOSTON--([ BUSINESS WIRE ])--Satcon Technology Corporation® (NASDAQ CM: SATC), a leading provider of Utility-Scale power conversion solutions for the renewable energy market, today announced that it has been selected by relatio to supply 39 PowerGate Plus 500 kilowatt (kW) solar inverter solutions for the 19.5 megawatt (MW) Tauberlandpark installation in Wertheim-Drlesberg, Germany. The project is the largest of its kind for Satcon in Germany and marks a significant step in Satcona™s continued growth in the European Utility-Scale solar market.

"The Tauberlandpark project is one of Germanya™s largest Utility-Scale solar power installations"

aThe Tauberlandpark project is one of Germanya™s largest Utility-Scale solar power installations,a said Andreas Schneider, Chief Executive Officer of relatio Holding. aA project of this scale demands that we partner with an industry leader who brings both the high quality technology and experience that will deliver the highest levels of performance and reliability to our customers. We have selected Satcon due to the proven success of their PowerGate Plus solar PV inverters in many of the worlda™s largest and most complex large-scale solar power plants.a

The Tauberlandpark Ernsthof West project utilizes Satcona™s PowerGate Plus 500 kilowatt inverters, the worlda™s most widely-deployed, large scale solar PV inverter with over 1.5 gigawatts sold since its introduction in 2005. All of Satcona™s solutions include the most advanced, Utility-Ready features to enable simplified grid interconnection and can be easily integrated into utility SCADA systems through standardized communication interfaces.

aWe are excited to be working with one of Germanya™s leaders in large scale solar development,a said Steve Rhoades, Satcona™s President and Chief Executive Officer. aThe Tauberlandpark PV project demonstrates the significant growth in Utility-Scale installations in Germany. We are pleased to partner with relatio on this important advancement of Utility-Scale solar power in Germany, and look forward to working closely with them in the future.a

About Satcon

Satcon Technology Corporation® is the leading provider of Utility-Scale power conversion solutions for the renewable energy market, enabling the industrya™s most advanced reliable and proven clean energy alternatives. For over 26 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 ].

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 Quarterly Report on Form 10-Q 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.