Wednesday, April 7, 2010

Satcon receives 150MW order from GCL Solar for installations in China

BOSTON, USA: Satcon Technology Corp., a leading provider of utility scale power solutions for the renewable energy market, announced an order for 150 megawatts of its 500kW solar PV inverters from GCL Solar Limited, one of China’s largest utility solar power plant developers and suppliers.

This deal marks the second phase of Satcon’s partnership with GCL that was established in 2009, linking two of the industry’s most innovative renewable energy suppliers and developers.

Satcon will begin supplying the inverters in April, with all deliveries scheduled for completion in October of 2010. Satcon’s 500kW units will be used on multiple utility scale projects across China and will build on the already successful collaboration between the two companies, which includes the 3MW and 20MW power plants completed in December of 2009, China’s largest rooftop and ground mounted installations respectively.

“The foundation of China’s large scale photovoltaic industry has been firmly established over the past year and the market is now entering its next phase in both project sophistication and scale,” said Dr. Gu Huamin, General Manager of GCL Solar. “As we move forward the balance between technology innovation, system stability, and overall system efficiency becomes paramount to the successful integration of solar power onto China’s national grid.”

“GCL is one of the world’s most progressive large scale solar innovators,” said Steve Rhoades, Satcon’s President and Chief Executive Officer. “Their projects have set the new standard in utility scale solar design and installation, and mark a new chapter in the global solar PV power industry. We are honored to partner with GCL and be a part of this world class team of solar power leaders.”

“Our partnership with Satcon has helped us deliver many of China’s largest installations each successfully achieving the highest levels of performance and reliability,” continued Dr. Gu Huamin.

“Satcon is a trusted partner of GCL and continues to deliver the world’s most advanced and highest quality utility scale solar inverter solutions. We look forward to working closely with Satcon to address the needs of the global utility scale solar market as we continue to build on the successful foundation we have developed together.”

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