Monday, June 16, 2008

SatCon (SATC) In Bed With Google...

It appears SatCon is also in bed with Google:

SatCon was key in Google's solar farm

Published: June 27, 2007 at 2:36 PM

BOSTON, June 27 (UPI) -- Boston's SatCon Technology Corp. had a hand in the recent installation of one of the world's largest solar arrays.

The solar farm at Google's corporate headquarters in Mountain View, Calif., was in part due to Boston-based SatCon Technology's PowerGate inverters.

SatCon is a developer of power management and system architecture solutions for the alternative energy and distributed power markets.

The company's PowerGate commercial grade inverters were an integral part of the recent installation at Google's Mountain View campus. Google officials say the new 1.6 megawatt system is the largest commercial photovoltaic system in the United States.

Sharp Corp. provided 9,212 208-watt modules for the project, which was designed and installed by EI Solutions. SatCon's PowerGate high-efficiency inverters are a critical component of the system, converting the sun's energy produced by the photovoltaic panels into alternating current electricity that is used to power the facility.

Officials estimate Google's new solar array could prevent as much as 3,637,627 pounds per year of harmful greenhouse gases annually. Over the next 30 years, the carbon dioxide reduction will be equivalent to eliminating more than 128 million car driving miles.

SatCon's trademarked PowerGate inverters are designed for use with alternative energy power systems to generate distributed electrical power. Distributed, alternative energy power generation is a growing trend toward the production of clean, reliable power at the point of use. Alternative energy systems can alleviate congestion on highly loaded utility electrical distribution networks and offer an alternative to power line extensions in remote areas.

© 2007 United Press International. All Rights Reserved.
This material may not be reproduced, redistributed, or manipulated in any form.

5 comments:

Anonymous said...

Nostradamus,

Splendid Call - Thank you for this awesome blog!

Daniel said...

Hi NOS,
I have been following your blog and is very interested in entering a position with SATC. Do you think anything under 3.50 or 4 is still a good entry? Please advise as I really need to make a correct call for once :)

Thanks,
Daniel

Nostradamus said...

Daniel, yes any entry here under $3.30 is ok.

Anonymous said...

Thank you for your reply NOS. I really appreciate you sharing your intelligence.

Anonymous said...

Hi NOS,

Do you have an idea when this stock will break out? days, weeks, month? Thanks again for sharing all the information. You are amazing.

Daniel