EXHIBIT 23.3


                 NOTICE REGARDING CONSENT OF ARTHUR ANDERSEN LLP

         SatCon Technology Corporation ("SatCon") was unable after reasonable
efforts to obtain the written consent of Arthur Andersen LLP, SatCon's former
independent public accountants, to incorporate by reference the report of
Arthur Andersen LLP, dated December 4, 2001, on the financial statements of
SatCon for the fiscal year ended September 30, 2001. Such report appears in
the Annual Reports on Form 10-K filed by SatCon with the Securities and
Exchange Commission on December 21, 2001 and on December 30, 2002, as
required by Section 7 of the Securities Act of 1933, as amended (the
"Securities Act"). However, Rule 437a of the Securities Act, permits SatCon
to dispense with the requirement to file the written consent of Arthur
Andersen LLP. As a result, Arthur Andersen LLP may not have any liability
under Section 11(a) of the Securities Act for any untrue statements of a
material fact contained in the financial statements audited by Arthur
Andersen LLP or any omissions of a material fact required to be stated
therein. Accordingly, SatCon's stockholders may be unable to assert a claim
against Arthur Andersen LLP under Section 11(a) of the Securities Act.