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SatCon Launches Next Generation, 75 to 135kW, High Efficiency, PowerGate® Plus Photovoltaic Inverters
Business Wire, May 14, 2008
BOSTON -- SatCon Technology Corporation[R] (Nasdaq CM: SATC), a developer of power management and system architecture solutions for the alternative energy and distributed power markets today announced the launch of its high efficiency, 75W, 100kW & 135kW PowerGate[R] Plus photovoltaic inverters. PowerGate[R] Plus photovoltaic inverters are the next generation of PowerGate[R] inverters for commercial and large-scale grid connected photovoltaic power systems that have become recognized for their reliability, energy efficiency and ease-of-use. The new 75W, 100kW & 135kW inverter models were fully certified to UL1741-2005 standards and have a California Energy Commission (CEC) efficiency rating equal to, or exceeding, other models listed on the "CEC list of eligible inverters" as of April 17, 2008. The CEC efficiencies of these next generation PowerGate Plus inverters are:
< < CEC Effi- < Power Rating < < 480 Volts < 240 Volts 208 Volts 75 kW < < 96.0% < 96.0% 96.0% 100 kW < < 96.0% < 96.0% 96.0% 135 kW < < 96.0% < 96.0% 96.0%
"These next generation, 75 to 135kW PowerGate Plus inverters began shipment to customers in April, and is the second launch of a new series of inverters that have been designed for high-efficiency, improved energy harvesting, and long-life," stated Clemens van Zeyl, President of SatCon's Power System Division. "These inverters have also been designed for ease of manufacture and maintenance, which will significantly increase our manufacturing capacity, reduce our lead-times, and reduce operating costs for our customers." "We are pleased to have these inverters available in the marketplace prior to the busy season in the USA, thereby adding additional value to our customers at a critical time of the year."
About PowerGate([R]) Plus Inverters
PowerGate inverters are designed for use with alternative and renewable energy power systems to generate distributed electrical power. Distributed, alternative and renewable energy power generation is a growing trend toward the production of clean, reliable power at the point of use.
SatCon's next generation of PowerGate([R]) Inverter, named PowerGate Plus, incorporates many of the features of the original inverter plus several improvements that add further value to photovoltaic power systems. The 30kW & 50kW series was launched in February of 2008, and the 75W, 100kW & 135kW series in April of 2008. These PowerGate Plus inverters utilize a proprietary enclosure constructed from long-life G90 galvanized steel, the latest advanced digital signal processing control, an advanced human machine interface (HMI) with display visible in sunlight and membrane keypad for easy identification of power system status and inverter setup, and many other features that add increased value to solar photovoltaic power systems.
About SatCon Technology Corporation
SatCon Technology Corporation is a developer and manufacturer of electronics and generators/motors for the Alternative Energy, Hybrid-Electric Vehicle, Grid Support, High Reliability Electronics and Advanced Power Technology markets. For further information, please visit the SatCon website at www.satcon.com. SATC-G
Statements made in this document that are not historical facts or which apply prospectively are forward-looking statements that involve risks and uncertainties. These forward-looking statements are identified by the use of terms and phrases such as "will," "intends," "believes," "expects," "plans," "anticipates" and similar expressions. Investors should not rely on forward looking statements because they are subject to a variety of risks and uncertainties and other factors that could cause actual results to differ materially from the Company's expectation. Additional information concerning risk factors is contained from time to time in the Company's SEC filings. The Company expressly disclaims any obligation to update the information contained in this release.
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