Tue, Jul 29, 2014, 7:37 PM EDT - U.S. Markets closed

Recent

% | $
Click the to save as a favorite.

Satcon Technology Corporation Message Board

  • wra55 wra55 Nov 17, 2005 1:02 PM Flag

    New deal, strong buy, $3 soon good luck

    SatCon's Powergate(R) Inverters Power New Jersey 502 KW Ground Mounted Solar Electric Power System
    Wednesday November 16, 9:00 am ET


    BOSTON--(BUSINESS WIRE)--Nov. 16, 2005--SatCon Technology Corporation� (Nasdaq NM: SATC - News), a developer and manufacturer of power electronics and motors for the alternative energy markets, today announced that two of its utility grade Powergate� solar inverters are being utilized as the power conditioning units for the new 502-kilowatt solar electric system installed at New Jersey American Water's Canal Road Water Treatment Plant located in Somerset, NJ.The SatCon PowerGate� Series AE-PV inverters convert DC power from the solar array into AC power and connect to the grid at 4160 volts, greatly enhancing the efficiency of the overall system. The PowerGate�'s industry-leading high efficiencies enable the site to generate more power, reducing the payback period for the customer.

    "As part of our overall campaign to reduce energy expenses, now and over time, we are working to keep our costs down, which may enable us to pass those savings on to our customers. In fact, with the rebate from the New Jersey Clean Energy Program, the solar system alone will pay for itself in about 7 years, possibly creating larger savings as the system continues to produce energy for many more years," said Walter Lynch, President of New Jersey American Water.

    The 502-kilowatt ground mounted system was designed and built by Dome-Tech Solar, Inc., a premier solar energy firm serving industrial and institutional clients in the Northeast.

    "Dome-Tech Solar is proud to have worked with SatCon to complete this prestigious project," said Tom Kuster, President, Dome-Tech Solar. "New Jersey American Water's corporate vision is driving today's achievement -- installing and activating the largest ground mounted solar energy system in New Jersey. We applaud New Jersey American Water for its long-term view and willingness to take action now to harness clean, renewable energy, reaping benefits today and well into the future for the company and its customers."

    The system also includes more than 2800 solar panels manufactured by Schott Solar and was officially activated in ceremonies at the site on October 11, 2005. New Jersey American Water expects it will be able to supplement 15% of the peak usage power needed to run the plant with solar energy and save New Jersey American Water approximately $115,000 a year in energy costs. During peak production periods, the electricity produced by the solar system would be enough to meet the average electricity demand of more than 500 New Jersey homes.

    "We are pleased to have been selected to provide the power conditioning units for this project," stated Millard Firebaugh, President and Chief Operating Office of SatCon Technology. "The PowerGate is a proven, high quality product and is performing exceptionally well in many systems like this around the country."

    About SatCon Technology Corporation

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • SATC wants to go up in a big way, and very soon it will fly, leaving the whiners, shorts and bashers behind, better get on board its almost ready for takeoff, don't get run over by the bull. Time to get in.
      SatCon Technology Corporation� , a developer and manufacturer of power electronics and motors for the alternative energy markets, today announced that it has successfully launched its 500kW PowerGate(TM) inverter. The release of the PowerGate(TM) 500kW inverter was one of SatCon's major R&D milestones for 2006, and positions SatCon as the leading provider of high efficiency inverters for the rapidly growing solar markets.
      These approvals are required to qualify for California's Self Generation Incentive Program (SGIP), as program administrators use the list to determine which projects qualify for rebates under the program. On December 15, 2005, the California Public Utility Commission (CPUC) voted on the upcoming budget, infusing $300 million into the program for 2006. At a rebate of $2.80/watt, that is equivalent to over 100 MW worth of solar power to be installed in California this year.

      --SatCon Technology Corporation� , a developer and manufacturer of power electronics and motors for the alternative energy markets, today announced that it has been awarded a Phase I SBIR contract with the U. S. Army to develop an Integrated Starter/Generator (ISG) for hybrid powertrain military vehicles.

      SatCon Technology Corporation� , a developer and manufacturer of power electronics for various markets, today announced that its SatCon Applied Technology division has been awarded a contract with General Atomics (GA) to join the GA team that will develop a new modular 40 megawatt power converter that will power and control a full-scale superconducting DC Homopolar Motor (HPM). The Homopolar Motor program is being developed under the Office of Naval Research (ONR). The Homopolar Motor propulsion system will provide benefits of higher efficiencies, smaller size, and weight savings for a broad range of military and commercial vessels.

    • Lots of great things taking place with the company. The chart shows its building cause to move to the next leg higher. Good consolidation for a move up. Lots of shorts with their wallets out ready to buy to cover at $3 and higher on the next positive news announcement.
      awarded a Phase I SBIR contract with NASA's John H. Glenn Research Center for development work on a superconducting machine for future hybrid and all-electric aircraft.

      ...has entered into a strategic supply agreement and has received a purchase order from New Vision Technologies, an affiliate of Sun Edison, LLC, to initially deliver up to 10 megawatts of PowerGate(TM) photovoltaic inverters through the end of the year.

      ...won a Phase I SBIR contract with the U. S. Army to develop a combined starter and generator for hybrid powertrain military vehicles.

      • 1 Reply to cpth_memova_mania
      • When this stock breaks over $1.20 its going to break out to $1.50-$1.75 but I have a feeling in a few months even that will look very very cheap, looking at the progress they are making on developing new drugs, and the pipeline they already have being licensed things are improving very nicely here, I can see this stock as a biotech growth engine, if its not bought out first by Eli lily, Roche, or Glaxo Smith Kline.

    • With oil prices high alternative energy will be the governments top priority, they will give kickbacks to companies like SATC.
      http://www.cnn.com/2005/POLITICS/09/27/alternativefuel.cars.ap/index.html

      SatCon Technology Corporation� (Nasdaq NM:SATC), a leader in power and energy management products, today announced that its MagMotor Division delivered an initial shipment of high efficiency motors and controllers for use in a recently introduced fuel cell powered automobile manufactured by a major domestic automotive manufacturer. The motors are part of SatCon's increasing line of fuel cell related products that include power converters for changing DC power to AC Power and its new MicroGridTM line of fuel cell controllers and software.

      SatCon President & COO Millard Firebaugh stated ʺThe HEV market sector is a prime area of
      focus for SatCon and we are very pleased that our components are being utilized in Azure�s
      vehicles�.

      BOSTON, Sep 06, 2005 (BUSINESS WIRE) -- SatCon Technology Corporation(R) (SATC, Trade), a developer and manufacturer of power electronics and motors for the alternative energy markets, today announced that it has successfully listed five additional PowerGate(TM) AE-PV Series utility-grade photovoltaic inverter designs on the California Energy Commission's (CEC) list of eligible inverters. With the approval of these models by the CEC, SatCon now has the widest range of products available and the most efficient inverters for commercial-scale photovoltaic projects in North America.
      The CEC closely tests and monitors all inverter products in an effort to ensure the integrity of the State's incentive programs. The efficiency rating of the PowerGate(TM) AE-PV 75kW and 135kW models tested and accepted was 95.5%, with peak efficiencies in excess of 96%. These are the highest efficiency ratings that have been given to any of the 80+ photovoltaic inverters listed by the Commission - httpwwwconsumerenergycenterorg/cgi-bin/eligible_inverters.cgi. The efficiency values are important to purchasers of solar PV systems as they are used to determine the amount of rebate incentive available to the purchaser, and enable the owner/operator to accurately calculate the payback of the total photovoltaic system.
      "We are pleased with the performance of our PowerGate(TM) products," stated Millard Firebaugh, SatCon's President and Chief Operating Officer. "The tremendous efficiencies of this product combined with its overall reliable performance have enabled us to ship over 6 megawatts of commercial PV inverters so far this year, with another 4 megawatts in the backlog. In addition, we have some other exciting products in the R&D pipeline that will firmly establish SatCon as the industry leader in the commercial PV inverter market."
      The PowerGate(TM) Series inverters offer very sophisticated software driven controls that allow the unit to maximize the kWh exported. This software, coupled with a proprietary design, enables the inverters to supply more power to the electrical grid, shortening the payback cycle for the entire photovoltaic power system.
      http://renewableenergyaccess.com/rea/news/story?id=36461

      http://renewableenergyaccess.com/rea/news/story?id=36458

    • This company is looking better and better, they have some amazing technologies, and strategic investments that will pay off big soon, some of these guys working at Satcon make Tesla look like a dim bulb. They have a ton of assets and patents that make this company extremely undervalued anywhere below $6 is a real steal, I expect this to continue to skyrocket now that the profit takers are out, would be nice to see more shorts to buy but either way there is no doubt this is going to $6 again, it was there before things started looking so good with Govt. and Army contracts etc..

    • But those articles are about real companies, not satcon.

    • Look for SATC inverters to lead the way at first because they are more mature products and the photovoltaic market is ready for them......but the hybrid drivetrain will play a major role at SATC too......SOONER than later.

      http://www.marketwatch.com/News/Story/Story.aspx?guid=%7B4529df62%2D43e2%2D437d%
      2Daae8%2D79eab66eec3f%7D&minisite=&siteid=mktw&archive=true&garden=&dist=SignInA
      rchive¶m=archive


      http://www.distill.com/usa.html

      http://biz.yahoo.com/ap/060125/ford_hybrid.html?.v=2

      AP
      Ford Introduces Hybrid Research Vehicle
      Wednesday January 25, 12:32 am ET
      By Ken Thomas, Associated Press Writer
      Ford Introduces Hybrid Research Vehicle That Can Run on Ethanol

      WASHINGTON (AP) -- Ford Motor Co., extending its push into hybrid technology, said Wednesday it was the first automaker to develop a hybrid research vehicle capable of running on ethanol-based fuels.
      Ford was unveiling the Escape Hybrid E85 before journalists at the Washington Auto Show on Wednesday. The vehicle combines hybrid-electric power with the capability of operating on a mixture of 15 percent gasoline and 85 percent ethanol, a corn-based additive.

      Solar converter industry... will grow tremendously in the coming years. SATC will command a PPS that could easily be 10-20 fold in the next 5 years.
      1..Commercial Solar Inverters

      2..Hybrid Electric Vehicles Components

      3..Stationary Fuel Cells: Specialized power conversion.

      4..Grid Support: A wide variety of medium and very high power UPS sytems and grid synchronized power converters.

      5..Energy Storage support electronics.

      6..Wind Power: specialized power conversion equipment designed for wind farm applications and grid compatibilty.

      7..Fuel cell power conversion electronics.

      A strong technical team is a major SATC asset and is critical to new technology developments and new programs. Strong R&D means that new product offerings and state of the art developments will continue to come from SATC.

      Management has demonstrated a determination to develop and bring new products to market.

      It is just a matter of time before the business cycle turns up for SATC.
      OSTON--(BUSINESS WIRE) SatCon Technology Corporation� (Nasdaq NM: SATC - News), a developer and manufacturer of power electronics and motors for the alternative energy markets, today announced that two of its utility grade Powergate� solar inverters are being utilized as the power conditioning units for the new 502-kilowatt s

    • Creative twist to your BullShip, 5.75 instead of 5, 6, 7, or even 20?

      How about covering at 5.32 instead?

    • New deal, more money for SATC, shorts better buy to cover now or they will be buying to cover at $5.75 after earnings.
      SatCon Tech announces order for HEV components from Azure Dynamics (SATC) 1.86 : Co announces that it has been issued a purchase order from Azure Dynamics Corporation for the production of 50 systems for use on hybrid electric vehicles, in a delivery fleet application.

    • Yes this is going over $3 minimum, With SATC as a Hybrid play its a winner, but they have lots of great things working in all different directions, Solar inverters doing better than expected, AE improvements in fuel cells, biotech patents, designing city power grids for the future, insider buying, wind power technologies, etc.. its a complete steal at these prices.

    • Good to see a tiny pullback today on no volume the stock is making a lot of constructive moves lately, instead of skyrocketing it is building bases as it moves higher so that is a very bullish development for the long term I like this company alot and I like the stock as well.

      Another great opportunity for SATC is HYBRID DRIVE TRAINS. SATC is focused on TRUCKS...but the ultimate hybrid car is not on the road yet. So there is still an opportunity. Look for the "PLUG-IN HYBRID" to make an appearance. These will blow the Prius off the road as far as gas mileage goes. It will suck its fuel off the grid, not from the local gasoline station.

      SATC is the ideal company to have on your team if you are an auto mfr developing hybrid vehicles.

      The current hybrids are all based on mechanical drive trains that are derivatives of current gasoline/diesel vehicles.

      The optimum hybrid car is basically an electric car with a gasoline engine providing auxilliary power...much like an UPS...

      NOBODY has built that car...OR TRUCK... yet.....and when they do, the operating fuel cost per mile will be half that of a conventional car or truck.

      The hybrid market is still wide open for new players.....this game has just started....there is plenty of room for SATC to make a "MAJOR" contribution in the development of the architecture and components to build it with.

      Look for SATC inverters to lead the way at first because they are more mature products and the photovoltaic market is ready for them......but the hybrid drivetrain will play a major role at SATC too......SOONER than later.
      http://www.marketwatch.com/News/Story/Story.aspx?guid=%7B4529df62%2D43e2%2D437d%
      2Daae8%2D79eab66eec3f%7D&minisite=&siteid=mktw&archive=true&garden=&dist=SignInA
      rchive¶m=archive

    • View More Messages
 
SATCQ
0.0049+0.0012(+32.43%)Jul 29 3:05 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.