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Satcon Selected By Q-Cells for Multiple Large Scale Solar Energy Installations across Ontario

^{Published on 2010-06-09 16:42:59 - Market Wire}
 

BOSTON--([ BUSINESS WIRE ])--Satcon Technology Corporation� (NASDAQ CM: SATC), a leading provider of utility scale power solutions for the renewable energy market, today announced that they have been selected by Q-Cells for multiple large scale solar PV power plants in Ontario. Once completed, these projects will rank among the largest solar PV installations in North America.

"Q-Cells is recognized as a world leader in the solar industry and is at the forefront of delivering sustainable, green technology to its global customers"

Q-Cells will deploy twenty 1 megawatt (MW) Prisma" solutions, Satcona�sa" fully integrated utility platform that comes complete with factory integrated medium voltage transformers, switchgear, and electronics. Each 1 MW Prism solution is delivered complete in an all-climate outdoor enclosure and ready to connect to the PV array and utility grid, enabling rapid installation through a modular prepackaged design.

These projects are contracted under the Renewable Energy Standard Offer Program developed and overseen by the Ontario Power Authority ("OPA") and will connect to local utility PUC Distribution, Inc. They are scheduled to be operational in the third quarter 2010.

aThese are among the largest solar projects in Ontario to date. As such, it was imperative that we partner with an industry leader that could help us achieve the highest level of performance and reliability and one that can meet the upcoming domestic-content requirements,a said Boris Schubert, Managing Director, Q Cells Systems for North America. aWe are impressed by Ontarioa�s commitment to utility scale renewable power generation and look forward to playing a significant role in delivering stable and reliable solar power to the Provence.a

Introduced in June of 2009, Prism is the industrya�s most advanced 1 MW solar PV power conversion system and is built on Satcona�s PowerGate� family, the worlda�s most widely deployed large scale inverter solutions, with hundreds of millions of grid connected kilowatt hours delivered to date.

aQ-Cells is recognized as a world leader in the solar industry and is at the forefront of delivering sustainable, green technology to its global customers,a said Steve Rhoades, Satcona�s President and Chief Executive Officer. aWe look forward to partnering closely with Q-Cells to bring efficient and reliable solar power to Ontario.a

About Satcon

Satcon Technology Corporation is the leading provider of utility scale power solutions for the renewable energy market, enabling the industrya�s most advanced reliable and proven clean energy alternatives. For over 24 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 ].

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