Satcon Solstice System Solution Now Available In Europe
08 June 2010 - 5:00PM
Business Wire
Satcon Technology Corporation® (NASDAQ CM: SATC), a leading
provider of utility scale power solutions for the renewable energy
market, today announced the Satcon™ Solstice™ system solution is
now available in Europe, following the successful launch of the
solution in North America in the fall of 2009.
Satcon Solstice delivers fine grained power harvesting and
control with advanced utility ready grid interconnection. Its
unique design boosts total power production by 5-12 percent over
designs using standard inverters, while simultaneously reducing the
overall system material costs by 20-25 percent.
“Satcon Solstice sets a new standard for large scale, utility
class solar PV power production, delivering significant performance
gains, improved system safety and reliability,” said Steve Rhoades,
Satcon’s President and Chief Executive Officer. “By addressing the
performance of the entire system, Solstice offers a highly
optimized energy harvest architecture and combines it with advanced
grid interconnection and utility control capabilities.”
The latest solution in a suite of leading solar PV inverter
technologies, Solstice is the next generation of solar PV
harvesting. It is the industry’s first complete power conversion
system, utilizing our next generation inverter and unique
subcombiners, called SSBs, which are populated with Satcon’s
proprietary DC to DC power converters.
The fine grained harvesting of each panel, coupled with a highly
efficient inverter design, insures the Solstice platform will
deliver more power over the lifetime of the PV system, while
lowering the overall installed cost of the power plant. Solstice
will also be the company’s first solution released with the full
suite of unique utility control features and functionality.
“Solstice represents the next generation of advanced control
capabilities that will enable utilities to leverage their solar
installations as proper dispatchable assets on the grid,” said Dr.
Leo Casey, Satcon’s Chief Technology Officer. “To date,
improvements in throughput efficiency have been modest incremental
gains. With Solstice, traditional losses from shading, soiling and
panel mismatch are virtually eliminated. Solstice is a critical
link in the integration of large scale solar onto today’s utility
grid network.”
To learn more, please visit our booth at Intersolar in Munich on
June 9-11, Hall B4, Booth 270 or visit our website at
http://www.satcon.com/pv_inverters/solstice.html
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
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.
© 2010 Satcon Technology Corporation. All rights reserved.
Satcon is a trademark of Satcon Technology Corporation. All other
trademarks are the property of their respective owners.
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