SatCon launches new PV inverter

Boston, MA, Jan. 17, 2006 — SatCon Technology Corp., a developer and manufacturer of power electronics and motors for the alternative energy markets, announced that it has successfully launched its 500kW PowerGate inverter.

The 500kW AE-500-60-PV-A utility-grade PV inverter was successfully listed to the UL 1741 Standard and also received approval from the California Energy Commission (CEC). The acceptance of this inverter by the various agencies not only gives SatCon the largest commercial PV inverter in North America, it also gives SatCon the broadest product line in the commercial photovoltaic inverter market – ranging from 30kW to 500kW – with 13 designs now approved and listed by the CEC.

These approvals are required to qualify for California’s Self Generation Incentive Program (SGIP), as program administrators use the list to determine which projects qualify for rebates under the program. On December 15, 2005, the California Public Utility Commission (CPUC) voted on the upcoming budget, infusing $300 million into the program for 2006. At a rebate of $2.80/watt, that is equivalent to over 100 MW worth of solar power that could potentially be installed in California this year.

The 500kW PowerGate unit is rated for 95% efficiency at nominal voltage. It is currently available as a 480V, 60-hertz unit with integrated transformer, or without transformer for incorporation into medium voltage power systems.

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