Satcon Selected for 5 Megawatt CalRENEW-1 Solar Farm

California’s First Utility Scale Solar PV Plant Under Renewable Portfolio Standard Program Will Feature Satcon PrismTM

Satcon Technology Corporation ~ October 28, 2009
FREMONT, Calif.--(BUSINESS WIRE)--Satcon Technology Corporation (NASDAQ CM: SATC), a leading provider of utility scale power solutions for the renewable energy market, today announced that it has been selected for the CalRENEW-1 installation, the first utility-scale photovoltaic solar farm to be approved by the California Public Utilities Commission under the state’s Renewable Portfolio Standard program.

The 5 megawatt AC facility, located in Mendota, CA, will utilize five, one megawatt Prism solutions, Satcon’s fully integrated utility platform that comes complete with factory integrated medium voltage transformers, switchgear, and electronics. Introduced in June of 2009, Prism is the industry’s most advanced 1 megawatt solar PV power conversion solution, and is built on the market leading PowerGate 500 kW inverter line, which has been installed on over 170 megawatts of large scale solar power plants since 2005. Each 1 MW Prism solution is delivered complete in an all-climate outdoor enclosure and ready to connect to the PV array and utility grid, enabling rapid installation through a modular prepackaged design.

CalRENEW-1 will be one of the most advanced photovoltaic solar facilities in the world. The 5 MW plant will generate zero emission electricity for sale to Pacific Gas & Electric under a long term power purchase agreement.

“We are excited to be a part of the CalRENEW-1 project, which clearly demonstrates the increased role of large scale solar power production as an integral part of tomorrow’s energy network," said Steve Rhoades, President and Chief Executive Officer of Satcon Technology. “Our continued focus on developing the highest performing, most reliable, and most advanced utility ready solar PV inverter systems allow us to deliver the solutions that enable utilities to effectively integrate solar power as a secure and cost effective renewable energy source.”

About Satcon
Satcon Technology Corporation is the leading provider of utility scale distributed power solutions for the renewable energy market, enabling the industry’s most advanced reliable and proven clean energy alternatives. For over 24 years, Satcon has designed and delivered the next generation of efficient energy systems for solar photovoltaic, stationary fuel cells, and energy storage systems. To learn more about Satcon, please visit http://www.satcon.com/.

Contact:
Satcon Technology Corporation
Senior Director of Worldwide Marketing
Michael Levi,
949-201-5955
michael.levi@satcon.com
or
Investor Relations Manager
Leah Gibson,
617-897-2400
leah.gibson@satcon.com

Satcon Delivers Fully Integrated Utility Class One Megawatt Power Conversion Solution

Industry Leader Expands One Megawatt Solution Portfolio with Next Generation One Megawatt Platform Prism® for Utility Scale Solar
June 24, 2009, 8:30 am EDT
BOSTON--(BUSINESS WIRE)--Satcon Technology Corporation (NASDAQ CM: SATC), a leading provider of utility scale distributed power solutions for the renewable energy market, announced today the general availability of Prism®, a fully integrated one megawatt medium voltage solution optimized for utility scale solar PV installations.
Leveraging Satcon’s industry standard setting PowerGate® Plus 500kW solar PV inverters, Prism is a fully customizable one megawatt platform, complete with factory integrated step-up transformers, switchgear, and electronics. The solution will be delivered complete in an all-climate outdoor enclosure and ready to connect to the PV array and utility grid, enabling rapid installation through a modular prepackaged design.
Prism will dramatically increase the ease and speed of a typical utility scale PV installation, while also providing the unparalleled power production efficiencies that can only be realized through this full factory integrated and tested power conversion platform. Satcon’s Prism one megawatt integrated medium voltage solution is based on factory integrated pairs of Satcon’s highly efficient PowerGate Plus 500kW solar PV inverters, which recently eclipsed 150MW of total units installed globally.
“We are at an inflexion point in the solar PV industry, where utility scale projects are becoming more prevalent,” commented Dr. Leo Casey, Chief Technology Officer and Vice President of Engineering for Satcon. “Satcon’s solutions have been used on some of the largest renewable energy sites in the world with hundreds of millions of grid connect kW hours delivered to date. Our customers were asking for a highly efficient, completely integrated package for large scale installations, and Prism offers the most flexible, efficient and powerful solution on the market today.”
The Prism solar PV solution is available for order immediately. The complete solution will come with Satcon’s standard five-year warranty included, and available optional warranty terms up to 20 years. Integrated transformers and switchgear are fully customizable, and Satcon system consultants are available to assist with project requirements and configurations.
About Satcon
Satcon Technology Corporation is the leading provider of utility scale distributed power solutions for the renewable energy market, enabling the industry’s most advanced reliable and proven clean energy alternatives. For over 24 years, Satcon has designed and delivered the next generation of efficient energy systems for solar photovoltaic, stationary fuel cells, and energy storage systems. To learn more about Satcon, please visit www.Satcon.com.
Safe Harbor
Statements made in this press release 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, including its Annual Report on Form 10-K and other periodic reports filed with the SEC. Forward-looking statements contained in this press release speak only as of the date of this release. Subsequent events or circumstances occurring after such date may render these statements incomplete or out of date. The company expressly disclaims any obligation to update the information contained in this release.
Contact:
Satcon Technology Corporation
Alida Bangs,
510-226-3812
Media Relations
alida.bangs@Satcon.com
or
Satcon Technology Corporation
Leah Gibson,
617-897-2400
Investor Relations Manager
leah.gibson@Satcon.com

Satcon Announces International Supply Chain Expansion

Doubles Global Manufacturing Capacity and Partners with DB Schenker for Worldwide Logistics Services
Source: Satcon Technology Corporation
On Thursday June 18, 2009, 8:02 am EDT
BOSTON--(BUSINESS WIRE)--Satcon Technology Corporation (NASDAQ CM: SATC), a leading provider of utility scale distributed power solutions for the renewable energy market, today announced significant growth of its international manufacturing and supply chain operations. As part of this announcement, Satcon will expand global manufacturing capacity to over 600 megawatts in 2009 between its manufacturing facilities in Burlington, Ontario, Canada and Shenzhen, China, as well as partner with DB Schenker Logistics to provide global logistics and transportation services for all of Satcon's global supply chain needs.
“As demand for our industry leading commercial and utility scale solutions increases worldwide, we must construct an international supply chain capable of delivering the highest levels of service and support for our customers,” said Pete DeGraff, Satcon’s Vice President of Worldwide Sales and Marketing. “The combination of increasing our international manufacturing capacity and our partnership with Schenker will enable us to continue to deliver the industry’s most competitive product lead times, local spare parts inventories and global logistics capabilities and ensure the highest service levels for our customers over the entire lifecycle of their solar projects.”
Satcon will partner with the DB Schenker Solar division to deliver global transportation services for its inverter operations located in Burlington, Ontario, Canada; Shenzhen, China; and Fremont, California. Satcon will also utilize DB Schenker in North America, Europe, and Asia to provide logistics and distribution services including final delivery to Satcon's customer’s door through DB Schenker's extensive land transport network.
“As Satcon continues to expand its global operations and customer base, their supply chain capabilities become a core piece of maintaining the highest levels of service to their customers worldwide,” said John Tibshirany, Vice President Corporate Accounts Group at DB Schenker USA. “DB Schenker's integrated logistics, international and land transport services will provide Satcon with a complete global supply chain solution that will enable them to ensure the fastest product lead times, complete door to door transportation and distribution capabilities, and local inventories in order for them to provide their customers with world class service and support.”
Building on Satcon’s industry leading standard product lead times of 5-8 weeks across its entire product line, this partnership between Schenker and Satcon will provide Satcon customers with the highest levels of logistics performance and the industry’s most competitive distribution costs.
About Satcon
Satcon Technology Corporation is the leading provider of utility scale distributed power solutions for the renewable energy market, enabling the industry’s most advanced reliable and proven clean energy alternatives. For over 24 years, Satcon has designed and delivered the next generation of efficient energy systems for solar photovoltaic, stationary fuel cells, and energy storage systems. To learn more about Satcon, please visit www.Satcon.com.
About DB Schenker
DB Schenker is a global transportation company with 1500 offices in 120 countries with a specific division dedicated to solar equipment transportation and logistics. The company is known for the transportation of high-value capital equipment and tools into fabrication plants as well as the transport of the final finished equipment for a wide variety of solar companies. To learn more about DB Schenker, please visit www.dbschenker.com.
Safe Harbor
Statements made in this press release 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, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2008 and in the company’s quarterly report on Form 10-Q for the fiscal quarter ended April 4, 2009 and other periodic reports filed with the SEC. Forward-looking statements contained in this press release speak only as of the date of this release. Subsequent events or circumstances occurring after such date may render these statements incomplete or out of date. The company expressly disclaims any obligation to update the information contained in this release.
Contact:
Satcon Technology CorporationAlida Bangs, 510-226-3812Media Relationsalida.bangs@Satcon.comorLeah Gibson, 617-897-2400Investor Relations Managerleah.gibson@Satcon.com