Solyndra and Satcon Launch Strategic Partnership
30 April 2009 - 10:30PM
Business Wire
Satcon (NASDAQ CM: SATC), a leading provider of utility and
commercial scale distributed power solutions for the renewable
energy market, and Solyndra, a manufacturer of proprietary
photovoltaic (PV) systems designed to optimize solar electricity
production on commercial rooftops, announced today a strategic
partnership to develop and deliver optimized system solutions for
commercial rooftop solar power production. As part of the
agreement, Satcon and Solyndra will both market Solyndra�s
commercial solar PV systems with Satcon�s commercial solar PV
inverters as well as collaborate on new technologies that will
further optimize design, implementation and return on investment of
large commercial and industrial solar PV power plants.
This partnership between two of the leading innovators in
commercial grade solar PV lays the groundwork for long term
cooperation on solutions that will revolutionize commercial solar
power for years to come. By marketing Solyndra's highly efficient
solar panels and Satcon's commercial ready suite of high efficiency
solar inverter solutions, including Satcon's PowerGate Plus, S-Type
inverters, or the groundbreaking Solstice power conversion platform
which dramatically increase power conversion from roof and ground
mount solar PV plants, Solyndra and Satcon will leverage off the
unique contributions that each has made to the solar PV market.
Solyndra solutions enable customers to maximize rooftop solar
energy generation through a combination of their unique 360-degree
photovoltaic surface and through design flexibility that allows
high rooftop coverage. Matching this with Satcon�s feature-rich
solutions for power conversion assures maximum power production in
virtually any rooftop environment. In addition, Satcon offers the
industry�s widest range of large scale inverter power ratings,
allowing each solar installation to be tailor fitted to the optimal
inverter size for increased system efficiency and performance.
�Our partnership with Satcon allows us to align our respective
technologies and give our customers the maximum performance benefit
from their systems,� said Dr. Chris Gronet, CEO of Solyndra. �The
combination of Satcon�s innovative power platforms, long history in
commercial solar, and their wide range of commercial inverter power
ratings, make them the obvious partner to collaborate with when
creating highly optimized, flexible total system solutions.�
�Solyndra is the leading innovator in the commercial rooftop
solar energy market,� said Steve Rhoades, President and Chief
Executive Officer of Satcon Technology Corporation. �We are excited
to partner with them to deliver a highly optimized solution for
commercial rooftops and to drive the next level of innovation for
the PV market. �
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 23 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 Solyndra
Solyndra designs and manufactures photovoltaic systems,
comprised of panels and mounting hardware, for the commercial
rooftop market. Solyndra employs high volume manufacturing based on
proven technologies and processes to meet the needs of the global
solar market. Using proprietary cylindrical modules and thin-film
technology, Solyndra systems are designed to provide the lowest
installed cost per system and the highest solar electrical energy
output for typical low slope commercial rooftops. Headquartered in
Fremont, California, Solyndra operates a state-of-the-art 300,000
square foot fully-automated manufacturing complex. Learn more at
www.solyndra.com.
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