Company to deliver its industry-leading Equinox Prism Platform solutions across two sites in Central California
Jun. 12, 2012– Satcon Technology Corporation® (NASDAQ CM: SATC), a leading provider of utility-scale power conversion solutions for the renewable energy market, today announced that it has been selected by Q-Cells North America to supply 30 megawatts (MW) of its Equinox Prism Platform solutions for two sites fully owned and operated by one of California’s largest utilities.
These projects are part of the first phase of an innovative, five-year program to speed up the delivery of clean energy to California’s customers. The utility-owned generation program (UOG) enables 250 MW of utility-owned solar PV to be deployed over a five-year period. As part of the 2012 installment of the UOG program, Satcon will provide 30 MW of its Equinox Prism Platform solutions across two sites in California.
Satcon’s Equinox Prism Platforms are a turnkey utility-grade multi-megawatt building block, complete with factory integrated step-up transformers, MV disconnect switches, and power conversion electronics. Prism Platform leverages a combination of Satcon’s next-generation Equinox PV inverters, with 98.5 percent peak efficiency, 98 percent CEC weighted efficiency and the industry’s widest thermal operating range, to deliver best-in-class performance.
Both sites are expected to be grid-connected by mid-2012.
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 27 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 Q-Cells North America
Q-Cells North America, part of Q-Cells SE, designs, builds and manages financially sustainable solar photovoltaic (PV) solutions. The company brings a decade of global leadership in solar PV to North America, combining best-of-world technology, processes and partnerships to deliver utility-grade solar PV solutions customized for local energy markets. Q-Cells North America offers the full spectrum of PV solutions–from the core technology of cells and modules to power plant development, design, construction, operations and maintenance. With proven capabilities across the solar value chain, Q-Cells North America minimizes uncertainty and risk, and helps customers achieve a higher return on their investment in solar energy. For more information about Q-Cells North America, please visit www.q-cells.com.
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