About Satcon
Satcon is an Energy & Utilities company based in Shenzhen (China) founded in 1985, and was acquired by China Electronics GreatWall Energy in June 2013. Solar and fuel cell inverters. Satcon has raised $16 million across 3 funding rounds from investors including OSTI.GOV and China Electronics GreatWall Energy. The company has 31 employees. Satcon has completed 1 acquisition, including Inverpower Controls. Its chief executive, as recorded, is Alain Corcos. Its Indian entity Satcon Technologies Private Limited reported revenue of ₹10.42 Cr. Its focus areas include Energy, Solar Energy, Hardware Developer and Balance of Systems. Its competitors include Sungrow, Hoymiles Converter Technology and TSUNESS; 1 of its 3 listed competitors has raised funding.
Company details
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.
- Headquarters Shenzhen, China
- Employees 31
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Website satcon.com
- Social LinkedIn X
- Acquired by China Electronics GreatWall Energy (Jun 2013)
- Legal Name Satcon Technologies Private Limited
- Date of Incorporation 20 Jan, 2020
- Jurisdiction Hyderabad, Telangana, India
- Indian entity revenue₹10.42 Cr
FY 2023 · +16% YoY
- Indian entity net profit₹63.3 Lakh
FY 2023 · 6% margin
- Indian entity EBITDA₹63.8 Lakh
FY 2023 · 6% margin
- Total Equity Funding$16M (USD)
in 3 rounds
- Latest Funding Round$1.37M (USD), Grant
Sep 2011
- InvestorsOSTI.GOV
& 1 more
- Employee Count31
- Investments & Acquisitions
- Acquired byChina Electronics GreatWall Energy
(Jun 2013)
Associated legal entities of Satcon
Satcon operates through Satcon Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Satcon Technologies Private Limited CIN U74999TG2020PTC138521 | Active | 20 Jan 2020 | Hyderabad, Telangana | ₹10.4 Cr | 31 | 2 | View details |
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.
- Total Funding $16M
- Total Rounds 3
- Last Round Grant — $1.37M
- First Round $398,328
(Jul 2009)
- Investors Count 1
All 3 funding rounds of Satcon with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Scientific and technical information is managed and disseminated by OSTI.GOV. | osti.gov | Oak Ridge, United States | ||
| cecgwenergy.com |
Investor details for Satcon
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Board of directors of Satcon Technologies Private Limited (Satcon)
Satcon Technologies Private Limited is the primary company behind Satcon. The board of Satcon Technologies Private Limited currently have 2 directors; the longest-serving is Naga Kumar Jampana, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Naga Kumar Jampana DIN 06717659 | Director | 20 Jan 2020 | 6 yrs 9 mo | Satcon Technologies Private Limited |
| Kommana Sai Praveen DIN 08672782 | Director | 20 Jan 2020 | 6 yrs 9 mo | Satcon Technologies Private Limited |
People of Satcon
1 people are tracked at Satcon (1 in leadership); the tracked headcount is 31.
| Name | Role | Group |
|---|---|---|
Alain Corcos | CEO & President | Leadership |
Complete people profiles for Satcon
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- Board tenure
- Professional contacts
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Financials of Satcon
Figures of Satcon Technologies Private Limited, the primary company behind Satcon, for FY 2023. Revenue was ₹10.42 Cr (+16% year on year). Net profit was ₹63.3 Lakh (6% margin). EBITDA was ₹63.8 Lakh (6% margin).
- ₹10.42 CrRevenue · FY 2023 · +16% YoY
- ₹63.3 LakhNet profit · 6% margin
- ₹63.8 LakhEBITDA · 6% margin
- ₹1 LakhPaid-up capital
- 31Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Satcon Technologies Private Limited are on its company page.
Detailed financial statements for Satcon
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Power control systems are designed and manufactured for industrial use. | inverpower.com | Burlington, Canada | 2015 | Jul 2001 | $500,000 |
Complete acquisition details for Satcon
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- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Satcon
5 dated milestones of Satcon across 28 years, from founding to its latest funding, stage changes and deals.
- Founded Satcon is founded.
- Acquisition Acquires Inverpower Controls.
- Funding First funding round of $398K.
- Funding Latest funding round, Grant, of $1.4M.
- Exit Acquired by China Electronics GreatWall Energy.
Competitors of Satcon
Satcon has 3 listed competitors in our database, 1 of them funded. They include Sungrow, Hoymiles Converter Technology and TSUNESS.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sungrowpower.com | 1997 | Hefei, China | PV Inverter and Power Storage developer | |||
| hoymiles.com | 2008 | Hangzhou, China | Hoymiles Converter Technology produces high-quality microinverters and power electronics for the solar industry. | |||
| tsun-ess.com | 2016 | Suzhou, China | $13.79M | Energy storage system manufacturing services are provided by TSUNESS. |
Detailed competitors of Satcon
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- Full competitor set
- Operating metrics
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Web traffic of Satcon
Websites that share an audience with Satcon (satcon.com).
Websites whose visitors overlap most with Satcon. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
solvere.net | solvere.net | 100% | #8,478,341 | – | |
timberlinecontrols.com | timberlinecontrols.com | 100% | – | ||
tech4.com | tech4.com | 100% | #8,269,582 | – | |
aaacinc.com | aaacinc.com | 100% | – | ||
mtl-most.com | mtl-most.com | 100% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 22 similar websites and full traffic analytics for Satcon
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- 22 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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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 CEO of Satcon, as recorded in our data.
Satcon is a funded company, having raised a total of $16M across 3 funding rounds to date. The company's 1st funding round was a Grant of $398.33K, raised on Jul 2009.
Satcon has 31 employees.
The primary company behind Satcon, Satcon Technologies Private Limited, reported revenue of ₹10.42 Cr for FY 2023, up 16% year on year.
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's top competitors include Sungrow, TSUNESS and Hoymiles Converter Technology.
Satcon has made 1 acquisition, including Inverpower Controls.
Satcon has 2 investors. Key investors include OSTI.GOV, and China Electronics GreatWall Energy.
Satcon operates through Satcon Technologies Private Limited.
Yes. Satcon was acquired by China Electronics GreatWall Energy in June 2013.