Today, Satcon Technology Corp. announced that Suntech Energy Solutions, a wholly owned subsidiary of Suntech Power Holdings Co., Ltd. (NYSE: STP) and a leader in the design, engineering and installation of large-scale photovoltaic (PV) systems, chose the company to help power a 1 megawatt (MW) solar energy installation hosted at The North Face West Coast Distribution Center in Visalia, California.

The solar installation will feature Satcon’s 500 kW PowerGate® Plus photovoltaic inverters, which were designed to deliver best-in-class reliability, efficiency and long-term performance. Each 500 kW PowerGate Plus inverter installed will include the company’s next generation Edge™ MPPT solution, enabling large scale installations to maximize power production and significantly increase the overall efficiency of each system.

Johann Niehaus, Senior Director of Engineering for Suntech Energy Solutions, stated, “We chose the Satcon PowerGate Plus inverter for its performance and reliability. We designed the system to the highest quality, which made Satcon a natural

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

For more than 22 years, Satcon (Nasdaq: SATC) has provided utility-scale distributed power solutions, such as solar photovoltaic (PV), stationary fuel cells, wind turbines and energy storage systems for the renewable energy market. The company today announced it will make history by taking part in the world’s largest rooftop solar photovoltaic power project, to be installed on top of the General Motors car manufacturing facility in Figueruelas, Zaragoz Spain.

Designed and built by Clairvoyant Energy, Veolia Environment and the Government of Aragon, the 12-megawatt (MW) system will cover approximately 2 million square feet with a surface area of 183,000 square meters. The project will require the combined knowledge of the world’s leading PV solutions providers.

United Solar Ovonic’s thin film flexible solar laminates and Satcon’s PowerGate Plus 500kW inverters make up integral pieces of the project, which will generate electricity to be sold to Spain’s power utility, Endesa.

“The sheer

For more than 22 years, Satcon Technology Corp. (Nasdaq: SATC) has provided utility-scale distributed power solutions for the booming, evolving renewable energy market. The company’s efficient energy systems are applicable to solar photovoltaic (PV), stationary fuel cells, wind turbines and energy storage systems.

The company today announced its power solutions have earned it a 2.36-megawatt solar power project from the American Capital Energy of North Chelmsford, Mass., a full service solar energy project integration and installation company for large commercial enterprises. The project will be the largest single roof-mounted solar array in the United States.

American Capital Energy connects Satcon with the Atlantic City Convention & Visitors Authority (ACCVA) to create a solar project utilizing 13,321 rooftop-mounted panels on top of the Atlantic City Convention Center (ACCC). The project will be developed through a 20-year agreement with Pepco Energy Services, a subsidiary of Pepco Holdings Inc.

“It is critical that

Satcon Technology Corporation (NASDAQ: SATC), a leading provider of utility scale distributed power solutions for the renewable energy market, recently announced its financial results for the second quarter ending June 30, 2008. The company’s shares declined earlier this week after the announcement of a net loss of $8 million, or $0.18 per share, compared with a net loss of $3.7 million, or $0.09 per share, for the second quarter of 2007. Analysts estimated a new loss of $0.07 per share for the second quarter of 2008.

During the second quarter, revenue increased 45 percent to $16.9 million, up from $11.7 million in the second quarter one-year earlier. According to Steve Rhoades, the president and chief executive officer of Satcon Technology Corporation, the company posted a net loss for the quarter due to a number of factors, including the restructuring of operations. Despite the loss for the quarter, cash used