Satcon Technology Corporation has signed a three-year, 180MW agreement with Samsung C&T Corporation. Satcon will supply Samsung with its PowerGate Plus inverters for its own solar power plant expansion around the world.
"As Samsung's role in the growing global renewable energy market expands, we continue to develop close partnerships with best in class technology partners like Satcon whose solutions deliver high value returns on many of the world's largest and most advanced photovoltaic and fuel cell energy plants," said K.D. Kim, President, Samsung America. "We have worked closely with Satcon on several utility scale solar projects, and we believe they provide the best quality and most reliable power conditioning solutions on the market."
Under the agreement, Samsung will also have the exclusive right to market and sell Satcon solutions in the Korean renewable energy market. Since Samsung is a certified member of the Satcon Global Service Partner Network, it will also supply full maintenance and warranty service to all Satcon solutions in Korea.