Satcon Sells Business Units To Focus On Solar Photovoltaic

Posted by SI Staff on September 29, 2008 No Comments
Categories : FYI

Satcon Technology Corp. has sold its electronics and motors divisions in an effort to focus its financial, technical and marketing resources on the continued growth of its photovoltaic and fuel cell power conditioning solutions business.

‘These changes will allow Satcon to more effectively align our resources to accelerate execution of our core strategy of providing best-in-class power conditioning solutions to the rapidly growing photovoltaic and fuel cell power markets,’ says Steve Rhoades, president and CEO of Satcon.

SOURCE: Satcon

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