Tuesday, December 9, 2008

Suntech Power Holdings Co., Ltd. (STP) Subsidiary Selects Satcon Technology Corp. (SATC) for Solar Installation

Today, Satcon Technology Corp. announced that Suntech Energy Solutions, a wholly owned subsidiary of Suntech Power Holdings Co., Ltd. (NYSE: STP) and a leader in the design, engineering and installation of large-scale photovoltaic (PV) systems, chose the company to help power a 1 megawatt (MW) solar energy installation hosted at The North Face West Coast Distribution Center in Visalia, California.

The solar installation will feature Satcon’s 500 kW PowerGate® Plus photovoltaic inverters, which were designed to deliver best-in-class reliability, efficiency and long-term performance. Each 500 kW PowerGate Plus inverter installed will include the company’s next generation Edge™ MPPT solution, enabling large scale installations to maximize power production and significantly increase the overall efficiency of each system.

Johann Niehaus, Senior Director of Engineering for Suntech Energy Solutions, stated, “We chose the Satcon PowerGate Plus inverter for its performance and reliability. We designed the system to the highest quality, which made Satcon a natural choice.”

Sateen Bhat, Vice President of Project Operations, Recurrent Energy, added, “Our goal is to create long-term value for our customers by providing clean, onsite power plants right where they’re needed most. Reliable inverters are a key component to our systems’ performance. We’re pleased to work together with Satcon given their ability to consistently deliver the quality, expertise, and support we need.”

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