SatCon Technology Corp. (SATC) announced that it has entered into a three year, 180-megawatt agreement with Samsung C&T Corporation.
In addition to supplying Samsung with Satcon PowerGate™ Plus inverters for its own solar power plant development around the globe, this agreement provides Samsung the exclusive right to market and sell Satcon solutions in the rapidly growing Korean renewable energy market.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.