Satcon Closes Greek Solar Installation Deal
February 18, 2010 (FinancialWire) — Satcon Technology Corp. (NASDAQ: SATC), a provider of utility scale power solutions for the renewable energy market, said that it has been selected by EasyPower S.A. to supply 2.5 megawatts of its PowerGate Plus 100 kilowatt solar PV inverter solutions across 25 installations on the island of Rhodes, Greece.
The solar power plants will be developed and constructed by EasyPower S.A. and are expected to generate enough solar energy to supply 1.2% of the islands electricity demand, according to Satcon.
The installations will be owned by EasySolar S.A., RNA Power S.A., and Diachrisi Iliakis Energeias S.A. as part of a 2.5MW project.
Massachusetts-based Satcon Technology is the provider of utility scale power solutions for the renewable energy market. The company designs energy systems for solar photovoltaic, stationary fuel cells, wind-turbines, and energy storage systems.
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