Satcon signs strategic manufacturing agreement with GCL; expects 2GW annual worldwide capacity



Satcon Technology and GCL Solar Systems signed a manufacturing agreement to boost production of Satcon’s 500kW PowerGate Plus solar PV inverters in the Asia Pacific market. GCL will develop a manufacturing facility in Nanjing, China, which they expect will produce over 500MW of the inverters in 2011. Satcon will supply GCL with the manufacturing processes and technologies for the PowerGate Plus in order to complete final assembly at the GCL solar plant.

“Over the past two years, the Chinese government has made significant strides in the development and support of large scale renewable energy resources. In that time period, GCL Solar has become the leading developer of utility scale solar PV plants in all of Asia,” said Dr. Gu, CEO of GCL Solar. “Our partnership with Satcon has helped our dominant position in this market, and today we announce an even closer agreement with the world’s leading provider of utility scale solar power conversion technologies. This enhanced level of cooperation will help enable us to develop and deliver the world’s most advanced and successful large scale solar plants in both China as well as with our other projects worldwide with the highest levels of reliability and total system quality.”

GCL will purchase from Satcon the capacity to produce a minimum of 300MW per year at the Nanjing facility with the intention for the invertors made at the facility to be sold by GCL into the Chinese solar PV market and used on the company’s worldwide funded utility solar developments.

Production at the new facility is to begin in March of 2011. The companies stated the combination of the Nanjing facility and the Burlington, Ontario site would increase the worldwide manufacturing capacity to 2GW annually.

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