Satcon Powers Solar Program for San Jose Unified School District

Satcon (NASDAQ CM: SATC), a leading provider of utility scale distributed power solutions for the renewable energy market, announced today that it has provided its PowerGate Plus photovoltaic (PV) inverters for the San Jose Unified School District installations, the largest K-12 solar and energy efficiency project in the United States. The 5.5 megawatt project is providing power to 14 district sites and is helping to reduce energy costs by more than 30 percent.

Chevron Energy Solutions designed, built, and is operating the system utilizing Satcon’s PowerGate® Plus inverters to generate utility-scale power that will help save the school district $25 million over the 25-year life of the project. Annually, the project is expected to reduce carbon emissions by more than 100,000 metric tons, which is equivalent to planting more than 1,400 acres of trees.

“San José Unified School District is a prime example of how educational institutions can combine solar and energy efficiency programs to achieve environmental benefits and cost savings, which is especially important in these economic times,” said Jim Davis, president of Chevron Energy Solutions. “We are pleased to have the opportunity to work with Satcon on this project that is generating clean, renewable power.”

“This program demonstrates the growing adoption of solar energy as a practical and reliable energy source for both large-scale industrial players as well as non-profit and educational institutions,” said Pete DeGraff, Vice President of Sales and Marketing at Satcon. “In working closely with Chevron Energy Solutions, we were able to develop a system that will deliver clean, reliable and cost effective energy to the San Jose Unified School District.”

The PV system was dedicated at Willow Glen Middle School and High School in San Jose, CA on February 5th.

About Satcon

Satcon Technology Corporation is a leading provider of utility scale distributed power solutions for the renewable energy market, enabling the industry’s most advanced, reliable and proven clean energy alternatives. For over 23 years, Satcon has designed and delivered the next generation of efficient energy systems for solar photovoltaic, stationary fuel cells, wind-turbines, and energy storage systems. To learn more about Satcon, please visit www.Satcon.com.

About San José Unified School District

San José Unified School District serves approximately 32,000 students from kindergarten through grade twelve in Silicon Valley. Covering approximately one hundred square miles, San José Unified has 25 elementary schools, 2 K-8 schools, 6 middle schools, 6 comprehensive high schools, an award winning continuation high school and exemplary alternative education programs. The district's schools have received 34 California Distinguished School Awards, 11 National Blue Ribbon Recognitions and 5 Seals of Excellence Awards from the California Association of Bilingual Educators. They have twice received the Silver level California Award for Performance Excellence from the California Council for Excellence for their performance management systems. National School Board's Association has honored SJUSD with the Magna Award for their various public engagement initiatives. Further information regarding SJUSD can be obtained at www.sjusd.org.

About Chevron Energy Solutions

Chevron Energy Solutions designs and constructs sustainable energy projects, including building and renewable energy systems, that increase energy efficiency, reduce energy costs and ensure reliable, high-quality power. The company is the nation’s largest installer of solar energy for education institutions and has developed hundreds of projects involving energy efficiency or renewable power for education, government and business customers in the United States since 2000. Its parent, Chevron Corporation (NYSE: CVX), is investing across the energy spectrum to develop energy sources for future generations by expanding the capabilities of alternative and renewable energy technologies.

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