Satcon Technology Corporation, provider of renewable energy power conversion solutions, today announced a three-year agreement with Samsung to supply the power inverters for Samsung’s worldwide solar power plant projects. Under the agreement, Samsung will use Satcon PowerGateTM Plus inverters, and will also have the exclusive right to market and sell Satcon solutions in the rapidly growing Korean renewable energy market. Samsung will also provide maintenance and warranty services for Satcon in Korea.

Samsung America President, K.D. Kim, said, “We have worked closely with Satcon on several utility scale solar projects, and we believe they provide the best quality and most reliable power conditioning solutions on the market.”

Satcon’s President and CEO, Steve Rhoades, commented on what the agreement means for the future. “Together, the companies are committed to delivering the industry’s most efficient and reliable renewable energy production. Satcon looks forward to significant growth as a result of this partnership.”

Satcon

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Living in a small town in Western Pennsylvania, I am within 20 miles of several active windfarms, a Gamesa (Spain: GAM) wind turbine manufacturing plant, a resurgent coal mining industry, Waste Management (WMI) landfill gas capture projects, and natural gas exploration as part of the Marcellus Shale deposit. The accompanying overview and map of energy production in PA can be found at EIA.gov, along with a complete profile of energy-related statistics for the Keystone State. Companies such as Range Resources (RRC) and CNX Gas (CXG) are actively exploring and developing the Marcellus shale for conventional and unconventional natural gas deposits while Waste Management conducts landfill gas capture and waste-to-energy projects at local landfills. ...