23 February 2010
Satcon Technology Corporation, a Massachusetts-based utility scale power solutions provider for the renewable energy market, today announced that it will deliver 30.5 megawatts of its PowerGate Plus solar PV inverters under a global master supply agreement with ENERGY 21 Group, one of Europe’s largest private power utilities. The solutions provided within this order will be used to power fifteen solar power plants in the Czech Republic.
These installations qualify as part of the Czech Republic’s Feed-In Tariff program, which is projected to create over 500 megawatts of grid-connected PV power plants through 2011. The power stations will be owned by ENERGY 21, who specializes in the construction and operation of large scale solar plants in the Czech Republic and Slovakia. CE Solar, the EPC division of ENERGY 21, will deliver and maintain the solar PV plants which will be constructed in the first half of the year.
“The utility scale solar power market in the Czech Republic is poised for significant growth in 2010 as demonstrated by these projects,” said Daniel Kunz, Chief Executive Officer of ENERGY 21. “Satcon is a trusted partner of ENERGY 21. Our experience working with them on some of the largest installations across the Czech Republic and Slovakia over the past two years gives us tremendous confidence that these new solar plants will deliver the highest level of reliability and performance, and provide the strongest value to our shareholders.”
In addition to thirty-three of Satcon’s industry-leading PowerGate Plus 500kW inverters, the order also included thirteen of the company’s one megawatt PowerGate Plus CE inverters, four 250kW CE PowerGate Plus inverters, and over six hundred of its recently introduced smart subcombiners, the Satcon SSC™ solution.
“ENERGY 21 continues to demonstrate its leadership position within the European utility market,” said Steve Rhoades, Satcon’s President and Chief Executive Officer. “As the demand for advanced, reliable utility scale solutions in Europe continues to grow, our partnership with ENERGY 21 helps us build a strong foundation in the Czech Republic to showcase our industry-leading, utility-ready solar PV inverter solutions. We are honored to be selected by ENERGY 21 and CE Solar to be a part of this world-class team of solar power innovators.”
