3SOF

Hot one here.......


Technicals
Record Price High
Percentage Gainer

Last Price Quote is:
15.97%above 13-day MA
40.28%above 50-day MA
RS Rating: 97  

Fundamentals
Key Data:
Market Cap (M): $146.48  
P/E Ratio: NA  
PEG Ratio: N/A  
Next Earnings: N/A
Last Analyst Rating: Monitor

BOSTON, Apr 08, 2009 (BUSINESS WIRE) -- Please replace the release dated April 7, 2009 with the following corrected version due to multiple revisions.

The corrected release reads:

SATCON ANNOUNCES THREE YEAR, 330 MW AGREEMENT WITH ECOSTREAM

Satcon Technology Corporation (SATC, Trade), a leading provider of utility scale distributed power solutions for the renewable energy market, announced today that it has signed a master supply agreement with one of the world's leading sustainable energy system providers. Under this agreement, Satcon will provide Ecostream, part of sustainable energy company Econcern, with its industry leading renewable energy conversion solutions, including the PowerGate Plus line of PV solar inverters.

Ecostream's commitment to developing sustainable energy systems with a long-term high return on investment will be supported by Satcon's highly optimized PowerGate Plus Solar PV inverters which boost system power production and maximize the overall profitability of commercial and utility-scale solar PV systems. Satcon delivers the industry's most advanced renewable energy conversion platform and has delivered thousands of commercial and utility installations - cumulating millions of hours of highly reliable grid-connected power delivery.

"In order to generate the greatest long-term value and return on investment for our customers, we must deliver the highest quality turn-key systems, built with industry leading technology," said Steven Pleging, managing director of Ecostream. "Our partnership with Satcon will provide us with solutions that will increase total system performance through a combination of advanced capabilities, industry leading efficiency, and field tested reliability."

With 11 power ratings ranging from 30 kW to 1 MW (UL and CE certified), Satcon offers the most field-tested and proven utility ready power conditioning systems in the industry. Engineered from the ground up to meet the demands of large-scale installations, Satcon PV inverters feature an outdoor-rated enclosure, advanced monitoring and control capabilities, and Edge(TM), Satcon's next-generation MPPT solution.

"We believe strongly in Ecostream's mission of 'a sustainable energy supply for everyone,'" said Steve Rhoades, Satcon's President and Chief Executive Officer. "Ecostream is a true innovator in the advancement of reliable and renewable energy worldwide. Satcon is honored to be chosen as a key partner to their renewable energy projects around the world."

About Satcon

Satcon Technology Corporation is a leading provider of utility scale distributed power solutions for the renewable energy market, enabling the industry's most advanced reliable and proven clean energy alternatives. For over 23 years, Satcon has designed and delivered the next generation of efficient energy systems for solar photovoltaic, stationary fuel cells, wind-turbines, and energy storage systems. To learn more about Satcon, please visit www.Satcon.com.

About Ecostream (www.ecostream.com)

Ecostream is one of the leading suppliers of customised, ready-to-use solar power systems that secure high financial returns on a long term basis. With many years of experience in the use of renewable energy, Ecostream offers high quality renewable energy production and energy saving solutions for investors, businesses and private home owners - worldwide. Systems range from do-it-yourself packages to customized all-in-one concepts and large-scale projects. Ecostream one of the five operating companies of Econcern.

About Econcern (www.econcern.com)

Econcern's mission is 'a sustainable energy supply for everyone'. Econcern consists of operating companies Ecofys, Evelop, Ecostream, Ecoventures and OneCarbon. Together they deliver unique projects, innovative products and services for a sustainable energy supply. Econcern, which employs over 1,200 professionals in more than 20 countries across the world, was ranked No. 234 in Business Week's top 500 listing of high-growth companies in Europe and has won the 'European Business of the Year Award 2008.

Safe Harbor

Statements made in this press release that are not historical facts or which apply prospectively are forward-looking statements that involve risks and uncertainties. These forward-looking statements are identified by the use of terms and phrases such as "will," "intends," "believes," "expects," "plans," "anticipates" and similar expressions. Investors should not rely on forward looking statements because they are subject to a variety of risks and uncertainties and other factors that could cause actual results to differ materially from the company's expectation. Additional information concerning risk factors is contained from time to time in the company's SEC filings, including its Annual Report on Form 10-K and other periodic reports filed with the SEC. Forward-looking statements contained in this press release speak only as of the date of this release. Subsequent events or circumstances occurring after such date may render these statements incomplete or out of date. The company expressly disclaims any obligation to update the information contained in this release.

SOURCE: Satcon Technology Corporation

Satcon   
Alida Bangs, 510-226-3812   
Media Relations   
[email protected]   
or   
Satcon   
Leah Gibson, 617-897-2400   
Investor Relations   
[email protected] 

Copyright Business Wire 2009
----------------------------------------------------------------------------------------

52wk Range: 1.08 - 3.51
Volume: 172,526
Avg Vol (3m): 127,806

Technicals
Close Above the 13-day MA

Last Price Quote is:
2.59%above 13-day MA
16.23%above 50-day MA
RS Rating: 71 

Fundamentals
Key Data:
Market Cap (M): $98.97 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 05/06/2009
Last Analyst Rating: Buy


Below are the 6 month...9 month... and 4 year charts...

SATC  Satcon to Announce Third Quarter 2010 Financial Results... 


BOSTON, Oct 20, 2010 (BUSINESS WIRE) -- Satcon Technology Corporation(R) (SATC, Trade ), a leading provider of utility-grade power conversion solutions for the renewable energy market, plans to announce its financial results for the third quarter 2010 before the market opens on Thursday, October 28, 2010. In conjunction with the announcement, management will host a conference call that day at 8:30 a.m. ET.

To participate in the conference call, please dial (877) 407-8289 (U.S. and Canada) or (201) 689-8341 (International). The call will also be available as a live and archived audio webcast on the "Investor Relations" section of Satcon's website at http://investor.satcon.com .

About Satcon

Satcon Technology Corporation is a leading provider of utility-grade power conversion solutions for the renewable energy market, enabling the industry's most advanced, reliable, and proven clean energy alternatives. For more than 10 years, Satcon has designed and delivered advanced power conversion products that enable large-scale producers of renewable energy to convert the clean energy they produce into grid-connected efficient and reliable power. To learn more about Satcon, please visit www.Satcon.com .

SOURCE: Satcon Technology Corporation


Satcon Technology Corporation
Leah Gibson, 617-897-2400
Investor Relations
[email protected]

like the market for solar...

52wk Range: 1.83 - 4.31
Volume: 2,978,019
Avg Vol (3m): 1,395,210

Close Above the 13-day MA
Percentage Gainer

Last Price Quote is:
3.13%above 13-day MA
13.29%above 50-day MA
RS Rating: 93 

Satcon Shares Popped: What You Need to Know...

What: Shares of renewable energy equipment manufacturer Satcon Technology (Nasdaq: SATC) jumped more than 11% in intraday trading as investors reacted to a public share offering.

So what: As a manufacturer of power conversion equipment for the renewable energy market, Satcon is long on promise and excitement, but short on financial results. The company's financial performance to date has consisted of a ledger full of losses and burned cash, so it's been necessary for the company to continually issue new stock to be able to keep the lights on. Today, Satcon announced that it issued an additional 9 million shares at a price of $3.90 per share.

Now what: If I were to guess, I'd bet that investors are celebrating the fact that the new shares weren't priced at too steep of a discount to yesterday's closing price. And while the new shares will allow Satcon to continue doing what it does for a while longer, the song still remains the same. That is, this company needs to find a way to put some black on its bottom line.


Technicals
Record Volume
Record Price High
Most Actives

Last Price Quote is:
9.13%above 13-day MA
20.86%above 50-day MA
RS Rating: 94 


Day's Range: 4.15 - 4.53
52wk Range: 1.83 - 4.53
Volume: 11,447,106
Avg Vol (3m): 1,602,590
Market Cap: 314.41M
P/E (ttm): N/A
EPS (ttm): -0.45
Div & Yield: N/A (N/A)

Updated chart look...

Chart still looks strong!
Buying opportunity on dip induced by pwer.
Different customer base of larger commercial industries give satc an edge.

Interesting action...like the inverter market for solar.
aside from being a great green energy international growth play on commercial solar energy storage (solar not cost effective yet for residential applications),with a recent analyst target of 6.75 if that means anything, the company recently adopted a shareholder rights plan that is designed to deter large stock purchases by any party without permission from the board. Voting rights are diluted on large non permissioned acquisition of stock. They state that this is for tax purposes but it makes me wonder if there is more to this action. Could this be initial signs of a takeover target. In any case someone on the other end of this shareholder right plans wants a lot of stock.

Satcon Achieves #1 Position in North American Solar Inverter Market for Q1 2011
IMS Research Reports Company Leads Total Megawatts Shipped in the Americas

Press Release Source: Satcon Technology Corporation On Monday May 23, 2011, 9:30 am EDT

BOSTON--(BUSINESS WIRE)-- Satcon Technology Corporation® (NASDAQ CM: SATC), a leading provider of utility-scale power conversion solutions for the renewable energy market, today announced that it has achieved the number one position in market share for the North American solar inverter market. The data, published in IMS Research's Q1 2011 PV Inverter Quarterly Market Tracker Report, shows that Satcon shipped the most total megawatts of any inverter manufacturer in the Americas in Q1 2011.



"Satcon was one of the biggest market share gainers in Q1'11, gaining considerable share in the Americas in particular," said Ash Sharma, Research Director at IMS Research. "They continue to demonstrate impressive growth in the Americas and Asia and this will be extremely important for the future as these markets are predicted to drive global demand."



"Building on a strong 2010, we are pleased to continue to strengthen our position in the North American Market, as indicated by the results of IMS Research's recent findings," said Steve Rhoades, Satcon's President and Chief Executive Officer. "With over half of a gigawatt of our 500 kW solutions sold worldwide in 2010, and over 200 megawatts shipped worldwide in the first quarter of the year, our Utility-Ready inverters remain the industry's most widely selected large scale solutions."



About IMS Research – Photovoltaics



IMS Research is a leading independent supplier of market research and consultancy to the global electronics industry, offering syndicated market studies, bespoke research and consultancy services. The company is one of the most respected commentators in the renewable energy field, with a particular expertise in the PV (solar) market. We currently have seven analysts and a 10-person research team dedicated to researching the PV market. We now offer over 25 reports and cover every aspect of the supply chain from polysilicon supply to PV modules, inverters and PV system integrators. [email protected]; www.pvmarketresearch.com



About Satcon



Satcon Technology Corporation® is the leading provider of utility-scale power conversion solutions for the renewable energy market, enabling the industry's most advanced reliable and proven clean energy alternatives. For over 26 years, Satcon® has designed and delivered the next generation of efficient energy systems for solar photovoltaic, stationary fuel cells, and energy storage systems. To learn more about Satcon, please visit www.Satcon.com.



Safe Harbor



Statements made in this press release that are not historical facts or which apply prospectively are forward-looking statements that involve risks and uncertainties. These forward-looking statements are identified by the use of terms and phrases such as "will," "intends," "believes," "expects," "plans," "anticipates" and similar expressions. Investors should not rely on forward looking statements because they are subject to a variety of risks and uncertainties and other factors that could cause actual results to differ materially from the company's expectation. Additional information concerning risk factors is contained from time to time in the company's SEC filings, including its Annual Report on Form 10-K and other periodic reports filed with the SEC. Forward-looking statements contained in this press release speak only as of the date of this release. Subsequent events or circumstances occurring after such date may render these statements incomplete or out of date. The company expressly disclaims any obligation to update the information contained in this release.


Contact:
Satcon Technology CorporationMichael Levi, 949-201-5955Senior Director of Worldwide [email protected] Gibson, 617-897-2400Investor [email protected]

Pick this up here and maybe make a little cash.

Day's Range: 2.52 - 2.73
52wk Range: 2.24 - 5.51
Volume: 3,152,414
Avg Vol (3m): 3,491,050
Market Cap: 311.88M
P/E (ttm): N/A
EPS (ttm): -0.16
Div & Yield: N/A (N/A)

Technicals
Percentage Gainer

Last Price Quote is:
0.17%above 13-day EMA
-15.20%below 50-day EMA
RS Rating: 9