Satcon Partners with Wipro EcoEnergy for 40 Megawatts of PV Plant Development in India
July 26 2011 - 8:30AM
Business Wire
Satcon Technology Corporation®(NASDAQ CM: SATC), a leading
provider of utility-scale power conversion solutions for the
renewable energy market, today announced that it has been selected
by Wipro EcoEnergy for a total of 40 megawatts (MW) of PV plant
development over multiple utility-scale sites in India. Wipro
EcoEnergy will leverage Satcon’s PowerGate Plus 500 kW inverter for
these installations, which constitute the largest privately
developed solar projects in India to date.
“In the rapidly growing Indian economy there is a strong demand
for reliable and affordable electricity and we are now uniquely
positioned to provide that energy security,” said G.K. Prasanna,
Senior Vice President and Global Head at Wipro EcoEnergy. “Wipro is
best positioned to help make India one of the world’s leading solar
power markets. Partnering with a leader in utility-scale solar
power solutions like Satcon will help us deliver world-class solar
energy solutions across India.”
Satcon’s PowerGate Plus inverters are the industry’s most
deployed large-scale inverter solutions, with over 2.5 gigawatts
(GW) sold worldwide. All of Satcon's solutions include advanced
utility-ready features to enable simplified grid interconnection,
and can be easily integrated into SCADA systems through
standardized communication interfaces. Wipro EcoEnergy will be
providing turnkey design, procurement, construction and
commissioning, as well as real-time remote infrastructure
monitoring, operations, and maintenance for these facilities.
“With its high insolation and its energy deficit of 10 to 15
percent, India is poised to become a strong solar market," said
Steve Rhoades, Satcon’s President and Chief Executive Officer.
“Wipro’s projects mark an important step forward for India’s solar
industry. We are excited to team up with one of the world leaders
in advanced technology solutions, and look forward to working
closely with Wipro to further develop India’s utility-scale solar
industry.”
About Wipro EcoEnergy
Wipro EcoEnergy is the cleantech business of Wipro Ltd. We
provide intelligent, sustainable alternatives for energy
generation, distribution and consumption. We transform analytical
insights obtained from energy data into Sustainable solutions. We
help customers reduce their energy footprint, recover higher energy
efficiencies from energy deployment and replace conventional with
renewable energy sources. (www.wiproecoenergy.com)
About Satcon
Satcon Technology Corporation® is the leading provider of
utility-scale power conversion solutions for the renewable energy
market, enabling the industry’s most advanced reliable and proven
clean energy alternatives. For over 26 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.
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date. The company expressly disclaims any obligation to update the
information contained in this release.
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