Satcon Announces 40 Megawatt Supply Agreement with Siliken Renewable Energy
Source: http://www.investorideas.com/news/121608b.aspPosted on Tuesday, December 16th, 2008 | In Current Market News
Contributed by: Dawn Van Zant (http://www.investorideas.com) -
BOSTON–December 16, 2008 –Satcon Technology Corporation (NASDAQ CM: SATC), a leading provider of utility scale distributed power solutions for the renewable energy market, announced today that it has signed a strategic supply agreement with Siliken Renewable Energy USA, the North American subsidiary of Spanish-based system integrator Siliken SA. As part of the agreement, Satcon will deliver 40 megawatts (MW) of its next generation PowerGateR Plus PV power conditioning solutions to Siliken over the next 12 months.
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