Satcon Technology Corporation, a leading provider of utility scale renewable energy solutions for distributed power markets, announced today the sale of its Electronics and Motors divisions for cash proceeds of $5.6 million as part of its overall strategic restructuring plan. The divestiture of these non-strategic businesses will enable Satcon to focus its financial, technical, and marketing resources on the continued growth of their core industry... Read more..
Satcon, a leading provider of utility scale distributed power solutions for the renewable energy market, announced today its participation in the world’s largest rooftop solar photovoltaic power installation. The 12 megawatt (MW) system atop the General Motors car manufacturing facility in Figueruelas, Zaragoza Spain will cover approximately 2,000,000 square feet and has a surface area of 183,000 square meters. The Zaragoza project brings together... Read more..