Wednesday, March 10, 2010

Satcon to supply 18 MW of PowerGate Plus PV inverters across 40 power plants under Ontario FIT program

BOSTON, USA: Satcon Technology Corp., a leading provider of utility scale power solutions for the renewable energy market, today announced that it will deliver 78 of its industry leading PowerGate Plus solar PV inverters to OZZ Solar Inc.

The power conversion solutions will be deployed on commercial rooftop projects across the province of Ontario, and will be fully compliant under the Ontario Feed-In Tariff (FIT) program launched in 2009.

The 40 rooftop projects under development by the OZZ Solar Inc. program will utilize Satcon’s PowerGate Plus 250kW and 100kW solar PV inverters, customized for 600 VAC, which became generally available in January of 2010. As the world’s leader in grid connected commercial and utility scale solar PV solutions, Satcon’s technology provides the industry leading Levelized Cost of Energy (LCOE), critical to attaining the most profitable power production under the recent FIT program.

“These installations mark the beginning of major growth for large scale, grid-tied rooftop solar power plants in Canada and are a significant step in the implementation of Ontario’s Feed-In Tariff program,” said Jonathan Goldman, Executive Vice President of OZZ Solar Inc.

“These projects required the most advanced, highest performing, and most reliable systems that could deliver reliable performance in the harsh Ontario climate. Satcon’s best-in-class solutions and their commitment to partner with us to drive value from the design stages over the entire lifespan of the project were the key factors in our decision to partner with them.”

The PowerGate Plus 250kW and 100kW 600 VAC output inverters meet all requirements mandated under FIT regulations, and are specially designed to operate at full performance at temperatures as low as negative 40 degrees Celsius/negative 40 degrees Fahrenheit. In addition, the PowerGate Plus solutions will be manufactured in Burlington, Ontario, making them the only large scale inverter solutions that are 100% compliant with the Ontario FIT local content requirements.

“With these first set of projects, OZZ Solar is stepping to the forefront of commercial solar development in Ontario,” said Pete DeGraff, Satcon’s Vice President of Worldwide Sales and Marketing. “With a long history of manufacturing world-class products in Ontario, Satcon is a proud partner in OZZ Solar’s commercial solar projects, and a highly committed local developer to the Ontario government’s commitment to clean energy production.”

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