DALLAS, June 28, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces a stock report featuring SatCon Technology Corp. (Nasdaq:SATC). The report briefly notes the company's most recent developments and news, and outlines its financial position, market performance, and comparison against industry peers.
The full report is available at: www.microstockprofit.com/lp/SATC
SatCon Technology Corp. (SATC) is a clean energy technology provider of utility-grade power conversion solutions for the renewable energy market, primarily the large-scale commercial and utility-scale solar photovoltaic (PV) markets. The Company designs and delivers advanced power conversion solutions that enable large-scale producers of renewable energy to convert clean energy into grid-connected, efficient and reliable electrical power.
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In the report, the analyst notes:
"Shares of SATC rallied last week after the photovoltaic inverter maker said it has been selected by BIOSAR Energy SA for multiple utility-scale power plants across Italy, Greece and Bulgaria."
"SATC reported revenue of $62.0 million for the first quarter of 2011, an increase of 321% over the same period last year. The Company said North America continued to be its strongest performing region, representing 76% of total sales. Asia contributed 22% of sales, while Europe represented 2%."
To read the entire report visit: www.microstockprofit.com/lp/SATC
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