April 8, 2010 (FinancialWire) — Satcon Technology Corp. (NASDAQ: SATC), a provider of utility scale power solutions for the renewable energy market, said it has received an order for 150 megawatts of its 500kW solar PV inverters from GCL Solar Ltd., a Chinese utility solar power plant developer and supplier.

According to Satcon, the deal marks the second phase of a partnership with GCL that was established in 2009.

Satcon said it will begin supplying the inverters in April, with all deliveries scheduled for completion in October of 2010. Satcon said that its 500kW units will be used on multiple utility scale projects across China and will build on the collaboration between the two companies, which includes 3MW and 20MW power plants completed in December of 2009.

Massachusetts-based Satcon Technology has designed and delivered energy systems for solar photovoltaic, stationary fuel cells, and energy storage systems. China-based GCL Solar, part of the GCL Group, covers an area of more than 330 thousand square meter of PV base.

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