Canadian Solar, Satcon launch first strategic partnership meeting Ontario's feed-in-tariff requirements

KITCHENER, CANADA: Canadian Solar Inc., a leading provider of vertically integrated solar cells, solar module and custom-designed solar application products, and Satcon Technology Corp., the industry's leading utility scale distributed power solutions provider for the renewable energy market, today announced they have signed a turnkey solution distribution agreement.

As part of the contract, Canadian Solar and Satcon will market Canadian Solar's commercial solar PV systems with Satcon's commercial solar PV inverters for commercial rooftop and ground mounted power stations.

The partnership between Canadian Solar and Satcon provides customers with a complete best in class system solution that enables optimal system design flexibility and the highest levels of system performance and uptime for a rapid and continuous return on investment. This partnership also meets the domestic content requirements outlined by the Ontario government in its recently announced feed-in-tariff program.

The combination of Canadian Solar's quality products and services, credible partnership reputation and prudent financial management compliments Satcon's innovative power platforms, field proven performance and reliability and their wide range of commercial inverter power ratings provide highly optimized, flexible total system solutions.

The opportunity in the emerging solar markets in Ontario, Canada and China complement both companies who have manufacturing plants in each respective country. They can leverage their presence and experience, which will only enhance the partnership and the products being produced by Canadian Solar and Satcon.

Dr. Shawn Qu, Chairman and CEO, Canadian Solar Inc. remarked: "The Canadian Solar and Satcon turnkey solutions agreement enables customers to maximize rooftop solar energy generation through a combination of Canadian Solar's distinct PV panels with Satcon's tested and proven large scale solar inverter solutions. The partnership assures maximum power production in virtually any rooftop environment."

"The partnership between Satcon and Canadian Solar brings together two of the solar industry's leading technology innovators and allows us to combine our expertise to deliver high performance, complete large scale solar power solutions to our customers," said Steve Rhoades, President and Chief Executive Officer of Satcon Technology. "Our partnership will allow us to set the new standards for performance, quality and value for utility scale solar installations worldwide."

Satcon delivers fully integrated utility class 1MW power conversion solution

BOSTON, USA: Satcon Technology Corp., a leading provider of utility scale distributed power solutions for the renewable energy market, announced the general availability of Prism, a fully integrated one megawatt medium voltage solution optimized for utility scale solar PV installations.

Leveraging Satcon’s industry standard setting PowerGate Plus 500kW solar PV inverters, Prism is a fully customizable one megawatt platform, complete with factory integrated step-up transformers, switchgear, and electronics.

The solution will be 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.

Prism will dramatically increase the ease and speed of a typical utility scale PV installation, while also providing the unparalleled power production efficiencies that can only be realized through this full factory integrated and tested power conversion platform.

Satcon'’s Prism one megawatt integrated medium voltage solution is based on factory integrated pairs of Satcon’s highly efficient PowerGate Plus 500kW solar PV inverters, which recently eclipsed 150MW of total units installed globally.

“We are at an inflexion point in the solar PV industry, where utility scale projects are becoming more prevalent,” commented Dr. Leo Casey, Chief Technology Officer and Vice President of Engineering for Satcon.

“Satcon’s solutions have been used on some of the largest renewable energy sites in the world with hundreds of millions of grid connect kW hours delivered to date. Our customers were asking for a highly efficient, completely integrated package for large scale installations, and Prism offers the most flexible, efficient and powerful solution on the market today.”

The Prism solar PV solution is available for order immediately. The complete solution will come with Satcon’s standard five-year warranty included, and available optional warranty terms up to 20 years. Integrated transformers and switchgear are fully customizable, and Satcon system consultants are available to assist with project requirements and configurations.