SatCon delivers megawatt-class fuel cell controller to FuelCell Energy

CAMBRIDGE, Mass., June 12, 2002 — SatCon Technology Corp. announced it has delivered a StarSine™ Power Conditioning System (PCS) to FuelCell Energy Inc. to provide the electrical balance of plant for its Direct FuelCell® (DFC®) megawatt-class fuel cell system.

“Fuel cells present an environmentally friendly solution to commercial and industrial consumers requiring supplemental electrical power with added features such as grid independence and high reliability,” said David Eisenhaure, SatCon’s president and chief executive officer. “We are beginning to see the acceptance of commercial-scale fuel cells by industries anxious to gain electrical independence and reliability. We believe that this market will provide SatCon with significant opportunities in the future.”

This StarSine system was manufactured using MegaVerter™ power blocks and advanced digital controls specifically designed for alternative energy applications, including fuel cells, photovoltaic arrays (solar), microturbines and wind-turbines.

The StarSine PCS is also designed to combine alternative energy generators with advanced energy storage devices, including advanced batteries and flywheels, to provide uninterruptible power supply, or UPS, systems. The StarSine PCS is the heart of these innovative UPS systems and enables new energy applications to be applied to high value, critical power applications. This product is part of a family of products including SatCon’s rotary UPS that provide high quality, reliable power.

About SatCon Technology Corp.
SatCon Technology Corp. manufactures and sells power and energy management products for digital power markets. SatCon has three business units: SatCon Power Systems manufactures and sells power systems for distributed power generation, power quality and factory automation.

SatCon Electronics manufactures and sells power chip components; power switches; RF devices; amplifiers; telecommunications electronics; and hybrid microcircuits for industrial, medical, and aerospace applications. SatCon Applied Technology develops advanced technology in digital power electronics, high-efficiency machines and control systems with the strategy of transitioning those technologies into products. For further information, please visit the SatCon website at www.satcon.com.