About Satcon
Satcon is a company based in Shenzhen (China) founded in 1985 was acquired by China Electronics GreatWall Energy in June 2013. Satcon has raised $16 million across 3 funding rounds from investors including OSTI.GOV and China Electronics GreatWall Energy. The company has 31 employees as of April 05, 2024. Satcon has completed 1 acquisition, including Inverpower Controls. Satcon operates in a competitive market with competitors including Sungrow, Fronius, SolarBridge, Hoymiles Converter Technology and MRO-TEK, among others.
- Headquarter Shenzhen, China
- Employees 31 as on 05 Apr, 2024
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Satcon Technologies Private Limited
- Date of Incorporation 20 Jan, 2020
- Jurisdiction Madhapur, Telangana, India
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Annual Revenue
$1.25 M (USD)15.75as on Mar 31, 2023
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Net Profit
$76.14 K (USD)219.69as on Mar 31, 2023
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EBITDA
$76.69 K (USD)221.19as on Mar 31, 2023
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Total Equity Funding
$16 M (USD)
in 3 rounds
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Latest Funding Round
$1.37 M (USD), Grant
Sep 16, 2011
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Investors
OSTI.GOV
& 1 more
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Employee Count
31
as on Apr 05, 2024
- Investments & Acquisitions
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Acquired by
China Electronics GreatWall Energy
(Jun 01, 2013)
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Funding Insights of Satcon
Satcon has successfully raised a total of $16M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $1.37 million completed in September 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Satcon
Satcon has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include OSTI.GOV and China Electronics GreatWall Energy.
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Scientific and technical information is managed and disseminated by OSTI.GOV.
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Investor details for Satcon
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Investments & Acquisitions by Satcon
Satcon has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Inverpower Controls.
Investment portfolio details for Satcon
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Power control systems are designed and manufactured for industrial use.
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Complete acquisition details for Satcon
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Financial Statements - Satcon
Detailed financials for Satcon
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Satcon Comparisons
Peer comparison for Satcon
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Competitors of Satcon
Satcon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sungrow, Fronius, SolarBridge, Hoymiles Converter Technology and MRO-TEK, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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PV Inverter and Power Storage developer
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BoS units and grid-integrated inverters for solar plants are developed.
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Microinverters and monitoring solutions for solar systems are manufactured.
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Hoymiles Converter Technology produces high-quality microinverters and power electronics for the solar industry.
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Solar UPS, inverters, and charge controllers are manufactured by MRO-TEK.
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Ampt is focused on DC power management for PV systems.
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Detailed competitors of Satcon
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Latest news on Satcon
Complete news archive for Satcon
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Frequently Asked Questions about Satcon
Satcon was founded in 1985 and raised its 1st funding round 24 years after it was founded.
Satcon is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.
Alain Corcos is the current CEO of Satcon.
Satcon is a funded company, having raised a total of $16M across 3 funding rounds to date.
As of Apr 05, 2024, the latest employee count at Satcon is 31.
Annual revenue of Satcon is $1.25M as on Mar 31, 2023.
Satcon was founded in 1985 and focuses on the renewable energy sector, where solar and fuel cell inverters are produced. Models including PowerGate Plus, Equinox, and ContainerPlus are offered across 12 power ratings from 30kW to 1MW. Acquisition by Great Wall Energy occurred in 2013, with operations now based in Shenzhen, China. Leadership is provided by CEO and President Alain Corcos.
Satcon has made 1 acquisition, including Inverpower Controls.
Satcon has 2 investors. Key investors include OSTI.GOV, and China Electronics GreatWall Energy.