We would like to highlight Satcon Technology Corp. (NASDAQ: SATC). The company designs and manufactures enabling technologies and products for electrical power conversion and control for applications in markets, such as alternative energy, hybrid electric vehicles, distributed power generation, power quality, semiconductor fabrication capital equipment, industrial motors and drives, and defense electronics.
In the company’s news yesterday,
Satcon Technology Corp. 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 scale of our Zaragoza project demanded that we closely evaluate each potential solution providers’ ability to deliver the combination of high efficiency, quality and reliability in our challenging environment,” John Abkemeier, president of Clairvoyant Energy stated in the press release. “We have assembled a team of best-of-breed solutions providers in order to deliver on our vision of reliable, efficient and clean energy production. Satcon has and will continue to play a central role in the success of this project.”
“The GM project clearly demonstrates the global trend toward larger, utility scale installations,” said Steve Rhoades, Satcon’s president and CEO. “As the largest rooftop system in the world, Zaragoza showcases the future of distributed power production. Satcon is honored to be a member of this world class team delivering on GM’s goal of producing reliable and efficient energy.”
The PV system will be in operation this month, comprised of roughly 85,000 thin film solar panels that will be connected to Satcon PowerGate Plus inverters. Operating at its full capacity, the project will generate 10 MW of peak power output and 15.1 million KW hours of power annually.
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