Satcon Technology Corp. (MM) (NASDAQ:SATC)
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SatCon Technology Corporation® (Nasdaq CM:
SATC), a developer of power management and system architecture solutions
for the alternative energy and distributed power markets today announced
that its PowerGate® commercial grade inverters
have been installed as an integral part of a 375 kW building-integrated
photovoltaic (BIPV) system at the Murphy National Archives and Records
Administration (NARA) facility in Waltham, Massachusetts. The NARA
facility demonstrates a completely integrated roof and solar system—the
solar panels are the roof. The flexible, flat panel photovoltaic array
is heat-welded into the roofing material and qualifies as a "Cool Roof"
under the U.S. Environmental Protection Agency's EnergyStar program.
Solar Integrated Technologies, Inc. provided the building’s
143,000 square feet of integrated photovoltaic (BIPV) roofing system.
SatCon’s PowerGate®
high-efficiency inverters are a critical component of the system,
converting the sun’s energy produced by the
photovoltaic panels into alternating current electricity that is used to
power the facility. To date, SatCon has shipped more the 30 MW of its
industry leading commercial grade inverters in North America.
"SatCon is pleased to have been selected to supply the inverters for
this PV installation at this US government facility ”,
said Clemens van Zeyl, President, SatCon Power Systems. "Our PowerGate®
Inverter series, ranging from 30 kW to 500 kW, continues to gain
acceptance as the power conditioning system of choice driven by market
leading efficiencies, simplicity of design and ease of installation "
added van Zeyl.
“As we provide and install BIPV roofing
solutions for our U.S. customers, it is essential that we source
inverters that reflect our ‘no compromise’
approach”, stated R. Randall MacEwen,
President & CEO of Solar Integrated. “We
continue to be attracted to SatCon’s PowerGate®
inverter and their partnership approach to business.”
This is the second large commercial installation in Massachusetts using
SatCon Inverters. Late last year, PowerGate®
inverters were used in the largest solar energy system installation in
New England, a 425 kilowatt photovoltaic system located on an
environmentally remediated brownfield (brightfield) in Brockton,
Massachusetts. Eventually the city of Brockton plans to increase the
Brockton Brightfield's capacity to 1 megawatt (MW).
About SatCon Technology Corporation
SatCon Technology Corporation is a developer and manufacturer of
electronics and generators/motors for the Renewable Energy,
Hybrid-Electric Vehicle, Grid Support, High Reliability Electronics and
Advanced Power Technology markets. For further information, please visit
the SatCon website at www.satcon.com.
(SATC-G)
Statements made in this document 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. The Company expressly disclaims any obligation to
update the information contained in this release.