Enfinity Partners with Satcon for Utility Scale PV Solar Installation in France
14 July 2010 - 4:00PM
Business Wire
Satcon Technology Corporation® (NASDAQ CM:SATC), a leading
provider of utility scale power solutions for the renewable energy
market, today announced that they have been selected by Enfinity®,
one of the world’s leading photovoltaic (PV) solar energy
development companies, for two power stations at one of France’s
largest PV solar farm in Les Mees, Alpes-Haute-Provence.
For these sites, Enfinity has chosen Satcon’s™ PowerGate Plus®
500 kilowatt solution, the world’s most widely deployed utility
ready solar PV inverter with over 600 megawatts booked since its
introduction in 2005. All of Satcon’s solutions include advanced
utility ready features to enable simplified grid interconnection
and can be easily integrated into SCADA systems through
standardized communication interfaces.
“Les Mees will be one of the largest solar energy projects of
its kind in France, and as a result, we needed to partner with a
market leader that could deliver superior results,” said Patrick
Decuyper, CEO Europe & co-founder, Enfinity. “Satcon‘s
innovative technology and expertise with utility scale solar power
production will help us achieve the highest level of performance
and reliability required for these installations. We are pleased
about our partnership with Satcon, and look forward to working
together on this and future projects.”
Upon completion, the two sites will produce approximately
23,400,000 kilowatt hours of power, the energy production
equivalent to supply over 10,500 families. It will also reduce CO2
emissions by approximately 2,641,000 kilograms or 5,822,408
pounds.
“The Les Mees project marks an important step for Satcon as we
continue to expand on our international growth and officially enter
the French utility scale solar market," said Steve Rhoades,
Satcon’s President and Chief Executive Officer. “Satcon has been
part of most of the world’s largest scale solar power plants and we
see tremendous momentum in France. We are excited to team up with
one of the world leaders in large scale solar projects for this
installation and look forward to a close partnership with Enfinity
in the future.”
Les Mees is scheduled for completion in October 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 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 Enfinity
Enfinity specializes in financing and developing renewable
energy projects worldwide, with operations in the U.S., Canada,
Europe and Asia. To finance these projects, Enfinity works with
individual project companies funded by equity investors and banks.
Enfinity is currently developing, building and financing solar PV
projects with a total capacity of more than 145 MW and is planning
to initiate several hundred megawatts through 2010. Enfinity’s 2009
revenues topped more than $300M, and it recently consolidated its
international position as a global player with a $64 million
investment from Waterland. For more information, visit
http://www.enfinitycorp.com
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