BOSTON--(BUSINESS WIRE)--Satcon Technology Corporation® (NASDAQ CM:SATC), a leading provider of utility scale power solutions for the renewable energy market, today announced that they have been selected by Enfinity®, one of the world’s leading photovoltaic (PV) solar energy development companies, for two power stations at one of France’s largest PV solar farm in Les Mees, Alpes-Haute-Provence.

For these sites, Enfinity has chosen Satcon’s™ PowerGate Plus® 500 kilowatt solution, the world’s most widely deployed utility ready solar PV inverter with over 600 megawatts booked since its introduction in 2005. 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.

“Les Mees will be one of the largest solar energy projects of its kind in France, and as a result, we needed to partner with a market leader that could deliver superior results,” said Patrick Decuyper, CEO Europe & co-founder, Enfinity. “Satcon‘s innovative technology and expertise with utility scale solar power production will help us achieve the highest level of performance and reliability required for these installations. We are pleased about our partnership with Satcon, and look forward to working together on this and future projects.”

Upon completion, the two sites will produce approximately 23,400,000 kilowatt hours of power, the energy production equivalent to supply over 10,500 families. It will also reduce CO2 emissions by approximately 2,641,000 kilograms or 5,822,408 pounds.

“The Les Mees project marks an important step for Satcon as we continue to expand on our international growth and officially enter the French utility scale solar market," said Steve Rhoades, Satcon’s President and Chief Executive Officer. “Satcon has been part of most of the world’s largest scale solar power plants and we see tremendous momentum in France. We are excited to team up with one of the world leaders in large scale solar projects for this installation and look forward to a close partnership with Enfinity in the future.”

Les Mees is scheduled for completion in October 2010.

About Satcon

Satcon Technology Corporation is the leading provider of utility scale power solutions for the renewable energy market, enabling the industry’s most advanced reliable and proven clean energy alternatives. For over 24 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.

About Enfinity

Enfinity specializes in financing and developing renewable energy projects worldwide, with operations in the U.S., Canada, Europe and Asia. To finance these projects, Enfinity works with individual project companies funded by equity investors and banks. Enfinity is currently developing, building and financing solar PV projects with a total capacity of more than 145 MW and is planning to initiate several hundred megawatts through 2010. Enfinity’s 2009 revenues topped more than $300M, and it recently consolidated its international position as a global player with a $64 million investment from Waterland. For more information, visit http://www.enfinitycorp.com

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