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Satcon 1.25 Megawatt Equinox Prism Platform Medium Voltage Inverter System Receives North American Certification with 98% CEC Efficiency

Dépèche transmise le 17 octobre 2011 par Business Wire

BOSTON--(BUSINESS WIRE)--Satcon Technology Corporation® (NASDAQ CM: SATC), a leading provider of utility-grade power conversion solutions for the renewable energy market, today announced that its 1.25 megawatt (MW) Satcon Equinox Prism Platform has achieved 98% CEC listed efficiency. The system is now generally available in North America and certified to UL1741 and CSA C22.2 No. 107.1 by CSA International.

“For over 10 years Satcon has continuously delivered the standard-setting solutions for large scale solar power production in terms of performance, reliability and safety”

Satcon Equinox Prism Platform is a factory integrated inverter building block that incorporates two parallel 625kW inverters and a medium voltage (MV) transformer combined with switchgear on a single platform. Delivered as a complete system, Prism Platform enables rapid and reliable site connection, greatly reducing installed cost and site labor. CSA International is Satcon’s certification provider, with three products certified to date in 2011, and another six in process.

“CSA is proud to be selected as Satcon’s primary certification organization and is a truly valued client,” says Joseph Hosey, Vice President, Sales and Marketing, CSA international. “Satcon’s 1.25 MW Equinox Prism Platform has been tested and certified to US and Canadian requirements and is eligible to bear the CSA c/us Certification Mark as a the result of many hours of testing, technical reviews and engineering evaluations so as to meet the demanding needs of Satcon and its customers.”

Equinox Prism Platform has a CEC weighted efficiency of 98%, excluding the medium voltage transformer. This will result in a CEC listing for the full platform system of 97%, due to the ~1% losses of the standard NEMA TP1. The efficiency gains, compared to other similar solutions, will enable utility scale plants to produce millions more kilowatt hours over the life of the system, and add millions of dollars to the bottom line of the plant owner operators. Prism Platform’s advanced utility ready features enable simplified grid interconnection and can be easily integrated into SCADA systems through standardized communication interfaces.

“For over 10 years Satcon has continuously delivered the standard-setting solutions for large scale solar power production in terms of performance, reliability and safety,” said Dr. Leo Casey, Executive Vice President and Chief Technology Officer of Satcon. “The value we are driving is derived not only from best-in-class inverter performance, but also in the ability to more effectively and efficiently develop systems that save time and money over their entire lifespan, improving overall system yield while at the same time reducing installation costs and ongoing operation expense.”

To learn more about Prism Platform as well as other Satcon solutions, please visit booth 101 at Solar Power International in Dallas, Texas October 18th-20th.

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 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.

About CSA International

CSA International is a leading independent certifier of power control and distribution equipment as well products used for alternative energy applications throughout North America. Recognized in the U.S., Canada and around the world, CSA’s marks appear on billions of products worldwide.

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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