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Satcon Technology Corp. (SATC) Wins Contract For Second Largest Solar Farm In Puerto Rico

|Includes: IQVIA Holdings, Inc. (IQV)

Satcon Technology is a leading provider of utility-scale power conversion solutions for the renewable energy market. For over 27 years, the company has designed and delivered some of the most advanced and efficient energy systems for solar photovoltaic, stationary fuel cells, and energy storage systems.

The company today announced it has been selected by Western Wind and Lord Electric to supply 30 megawatts of its Equinox Prism Platform solution, a fully integrated multi-megawatt medium voltage building block, optimized for utility-scale photovoltaic installations. Western Wind and Lord Electric will deploy twenty 1.5 megawatt Equinox Prism Platforms to power the second largest photovoltaic plant in Puerto Rico.

The Equinox Prism Platform is a turnkey utility-grade multi-megawatt solution, complete with factory-integrated step-up transformers, disconnect switches, and power conversion electronics. The factory-integrated solution leverages Satcon's next-generation Equinox photovoltaic inverters with 98.5 percent peak efficiency and the industry's widest thermal operating range. This delivers the highest levels of performance with low installation cost, giving it the industry's lowest levelized cost of energy.

All Prism Platform solutions include EDGE Adaptive Control Architecture, enabling instant voltage stabilization, frequency control, and dynamic grid support. This architecture secures the continuous operation of the photovoltaic plant in the event of ground faults and achieves the performance guidelines established by the German Association of Energy and Water Industries.

For additional information about Satcon Technology Corporation and its products, please visit the company's website at www.satcon.com

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