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Satcon Expands Utility-Ready Inverter Portfolio with the Launch of Equinox 625 kW Solution

Dépèche transmise le 11 mai 2011 par Business Wire

Satcon Expands Utility-Ready Inverter Portfolio with the Launch of Equinox 625 kW Solution

Satcon Expands Utility-Ready Inverter Portfolio with the Launch of Equinox 625 kW Solution

BOSTON--(BUSINESS WIRE)--Satcon Technology Corporation® (NASDAQ CM: SATC), a leading provider of utility-scale power conversion solutions for the renewable energy market, today introduced the newest addition to its Equinox™ utility-ready solar solution portfolio, the Satcon Equinox 625 kW. The next-generation Equinox 625 kW inverter, which began shipping in April, joins the 500 kW solution, introduced in June 2010, and is now available in both North America and Europe.

“The next generation of utility-scale solar power requires a comprehensive set of building blocks that delivers the highest levels of system-wide performance, intelligence, and reliability”

Built upon Satcon's industry-leading PowerGate® Plus inverter family, the world's most widely-deployed large-scale solution, Equinox enhances system-wide energy harvest and solar plant yield, enabling the large-scale solar industry's highest return on investment (ROI). Equinox's advanced utility-ready features enable remote control of real and reactive power, low-voltage ride through and power factor control. The solution supports fast communications, allowing it to be easily integrated into SCADA systems through standardized communication interfaces.

“The next generation of utility-scale solar power requires a comprehensive set of building blocks that delivers the highest levels of system-wide performance, intelligence, and reliability,” said Steve Rhoades, Satcon's President and Chief Executive Officer. “With over two gigawatts of utility-ready solutions sold to date, Satcon has established a leadership position as the solution of choice for the world's most advanced solar installations. Equinox continues this tradition of solution innovation and will enable large-scale PV plant owners and operators to achieve the highest levels of system performance with the lowest Levelized Cost of Energy.”

The Equinox solution features a NEMA 3R/IP54 enclosure with the electronics housed in a NEMA 4/IP65 enclosure, ensuring maximum protection and longevity. It enables the industry's widest thermal operating range with fully-rated performance at temperatures as high as 55° C / 131° F and as low as -20° C / -4° F. With its unparalleled system wide intelligence, Edge MPPT performance optimization and industrial-grade engineering, Satcon's Equinox solutions deliver best-in-class efficiency of 98.5% and offer the highest levels of system-wide performance, uptime and reliability, delivering the industry’s lowest Levelized Cost of Energy (LCOE).

About Satcon

Satcon Technology Corporation is the leading provider of utility-scale power conversion solutions for the renewable energy market, enabling the industry’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 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.

Business Wire

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