Satcon Technology Files For Bankruptcy, Cites Solar Power Market Pressures

Satcon Technology Files For Bankruptcy, Cites Solar Power Market Pressures

WILMINGTON, Del. - Alternative energy company Satcon Technology Corp. (STC) on Oct. 17 filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware, listing debts greater than $121.9 million (In Re: Satcon Technology Corporation, No. 12-12869, Chapter 11, D. Del. Bkcy.). Subscribers may view the petition available within the full article.

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