Satcon Announces Strategic Canadian Manufacturing Partnership
Satcon Technology Corporation® (NASDAQ: SATC) today announced that it has finalized a strategic manufacturing agreement with Sanmina-SCI Corporation to manufacture its industry-leading solar inverter solutions in order to comply with Ontario's Feed-in-Tariff (FIT) program.
Under the terms of this agreement, Sanmina-SCI will manufacture Satcon's PowerGate® Plus 50 kilowatt, 100 kilowatt, 250 kilowatt, and 500 kilowatt inverters along with Satcon's industry-leading Prism Platform™ solutions in Ottawa, Ontario. With over two gigawatts (GW) of Utility-Ready solutions shipped, including over 100 MW in Ontario alone, Satcon solutions help power the world's most advanced solar farms.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.