Canadian Solar & Satcon To Bundle Modules and Inverters for Canadian, Chinese Markets

Canadian Solar Inc. and Satcon Technology Corporation have signed a turnkey solution distribution agreement. As part of the contract, Canadian Solar and Satcon will market Canadian Solar’s commercial solar photovoltaic (PV) systems with Satcon’s commercial solar PV inverters for commercial rooftop and ground mounted power stations.

This partnership 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.

The two companies said that the partnership will allow them to leverage their presence and experience, which will only enhance the partnership and the products being produced by Canadian Solar and Satcon.

“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 CEO 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.”

Click here to play a video interview with Satcon’s CTO Leo Casey about Satcon’s inverter technology and the future of the inverter market.

Click here to hear from Canadian Solar CEO Shawn Qu about the company’s vertically integrated model.


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