Solyndra and Satcon Launch Strategic Partnership
Date: 04/30/2009
Company: Satcon Technology Corporation, Solyndra
Source: BusinessWire
FREMONT, Calif.–(BUSINESS WIRE)–Satcon (NASDAQ CM: SATC), a leading provider of utility and commercial scale distributed power solutions for the renewable energy market, and Solyndra, a manufacturer of proprietary photovoltaic (PV) systems designed to optimize solar electricity production on commercial rooftops, announced today a strategic partnership to develop and deliver optimized system solutions for commercial rooftop solar power production. As part of the agreement, Satcon and Solyndra will both market Solyndra’s commercial solar PV systems with Satcon’s commercial solar PV inverters as well as collaborate on new technologies that will further optimize design, implementation and return on investment of large commercial and industrial solar PV power plants.
This partnership between two of the leading innovators in commercial grade solar PV lays the groundwork for long term cooperation on solutions that will revolutionize commercial solar power for years to come. By marketing Solyndra’s highly efficient solar panels and Satcon’s commercial ready suite of high efficiency solar inverter solutions, including Satcon’s PowerGate Plus, S-Type inverters, or the groundbreaking Solstice power conversion platform which dramatically increase power conversion from roof and ground mount solar PV plants, Solyndra and Satcon will leverage off the unique contributions that each has made to the solar PV market.
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