Canadian Solar Inc. and Satcon Technology Corporation announced they have signed a turnkey solution distribution agreement. As part of the contract, Canadian Solar and Satcon will market Canadian Solar’s commercial solar PV systems with Satcon’s commercial solar PV inverters for commercial rooftop and ground mounted power stations.
The partnership between Canadian Solar and Satcon provides customers with a complete best in class system solution that enables optimal system design flexibility and the highest levels of system performance and uptime for a rapid and continuous return on investment. This partnership also meets the domestic content requirements outlined by the Ontario government in its recently announced feed-in-tariff program.
The opportunity in the emerging solar markets in Ontario, Canada and China complement both companies who have manufacturing plants in each respective country.
Dr. Shawn Qu, Chairman and CEO, Canadian Solar Inc. remarked, “The Canadian Solar and Satcon turnkey solutions agreement enables customers to maximize rooftop solar energy generation through a combination of Canadian Solar’s distinct PV panels with Satcon’s tested and proven large scale solar inverter solutions. The partnership assures maximum power production in virtually any rooftop environment.”
“The partnership between Satcon and Canadian Solar brings together two of the solar industry’s leading technology innovators and allows us to combine our expertise to deliver high performance, complete large scale solar power solutions to our customers,” said Steve Rhoades, President and Chief Executive Officer of Satcon Technology Corporation. “Our partnership will allow us to set the new standards for performance, quality and value for utility scale solar installations worldwide.”