US Satcon teams up with GCL Solar to hike solar PV inverter output
(ADPnews) - Sep 30, 2010 - US photovoltaic (PV) systems firm Satcon Technology Corp (NASDAQ:SATC) said yesterday it had agreed to provide core manufacturing processes and technologies to Chinese GCL Solar Energy Technology Holdings Inc to improve production of GCL's 500-kW solar PV inverters.
GCL and Satcon have worked together on a number of large solar projects in China. As part of the current agreement, GCL will commission a production unit in Nanjing, eastern China, which would bang out more than 500 MW of the inverters in 2011. Production will start in March 2011. GCL has agreed to buy from Satcon the capacity to manufacture at least 300 MW annually at the Nanjing facility.
The output from the Nanjing plant, combined with that of Satcon's expanded unit in Ontario is seen to boost the company's global manufacturing capacity to more than two GW a year.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.