Grid Scale, Solar, Wind Power

U.S. Firm Acquires Canadian Power Solutions Company

A U.S. firm has purchased a Canadian company that manufactures power conditioning systems for wind and solar energy applications.

CAMBRIDGE, Massachusetts, US, 2001-09-02 [SolarAccess.com] A U.S. firm has purchased a Canadian company that manufactures power conditioning systems for wind and solar energy applications. SatCon Technology Corporation has acquired most of the assets of Inverpower Controls of Ontario, through SatCon Canada. The Burlington company designs, manufactures and services power electronics and controls for power systems from 5 kW to 200 MW. In addition to wind turbines and photovoltaic cells, applications include fuel cells, microturbines, advanced battery and flywheel energy storage systems. Inverpower has developed frequency conversion PCS units for military and commercial aviation applications, as well as power quality systems for electric power distribution in high tech industries such as semiconductor manufacturing. “Inverpower’s electronics modules and systems will become an important addition to our high-quality, high-reliability digital power products for alternative energy, distributed power and power quality products,” says SatCon president and CEO David Eisenhaure. “This acquisition gives SatCon the ability to increase its product lines into the 2 to 100 megawatt and higher power ranges, providing us with a broader market for our power technologies.” SatCon says it now can service customers from 5 kW residential sites to multi-megawatt facilities in the industrial sector. The Canadian facility can certify to UL and CE compliance, and is an ISO 9001 facility which will enhance international markets.