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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.