Satcon Technology Corporation (NASDAQ CM: SATC), a leading provider of utility scale power solutions for the renewable energy market, today announced the first commercial deployment of its newly introduced next generation Solstice power conversion solution for commercial and utility solar PV.

The 425 kW rooftop installation will supply power to Alpha Grainger Manufacturing’s Franklin, Massachusetts facility and was developed by Broadway Electrical. The solar plant was built as part of Alpha Grainger’s green initiative to offset their manufacturing plants high usage of energy with clean renewable energy and is set for completion in May of 2010.

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. With peak efficiencies above 98% and a proprietary two stage DC architecture, Solstice increases the overall energy yield of solar installations by 5-12% while at the same time reducing the overall balance of system installed cost by 20-25%.

“Broadway Electrical is committed to providing our customers solar PV systems utilizing the most reliable and innovative solutions on the market so they will in turn deliver the most cost effective, highest performing and most dependable renewable energy for decades,” said Lawrence Hurwitz, CEO of Broadway Electrical, Inc. “Satcon is the world leader commercial and utility PV solar power conversion and we are excited to have the opportunity to deliver the first commercial implementation of their Solstice solution.”

The Alpha Grainger site will utilize 1500 roof mounted panels and four of the Satcon Solstice 100kW solutions, integrated with sixteen Solstice SSB combiner boxes which house the unique string level DC to DC conversion, maximum power point tracking, performance management and system communications technologies.

“Broadway Electrical is one of the leading commercial solar designers, installers and developers in New England and has been a close partner of Satcon’s for years,” said Steve Rhoades, Satcon President and Chief Executive Officer. “They are a driving force behind the next generation of system innovation and we are excited to work closely with them on our first installation of our Solstice solution which will reset the standard in system performance and reliability.”

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 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 Broadway Electrical, Co., Inc.

Broadway Electrical Company, Inc. is a leading full service electrical construction company, headquartered in Boston, MA. Founded in 1936, Broadway is a third generation company and one of the Northeast's largest electrical contractors. Broadway’s track record for delivering construction excellence spans major commercial, educational, health care, biotechnology, industrial, power and government projects. Broadway provides complete turnkey Renewable Energy Solutions including Engineering, Procurement, Construction and Power Purchase Agreements. Broadway’s team of professionals is experienced in providing solar and wind energy installations. To learn more about Broadway Electrical, please visit www.broadelec.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 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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