Major PV inverter manufacturer SMA Solar Technology has once again reiterated sales and earnings guidance for 2018, after reporting first half year results but has become increasingly bearish on the global solar market, while its solar product order backlog takes a dive.
PV inverter manufacturer KACO new energy said it has supplied its string inverters to a 10.2MW solar carport in Turkey as part of a new amusement park near completion in Ankara, Turkey.
SolarEdge Technologies ‘StorEdge’ solution with power backup has been launched in European markets. SolarEdge’s StorEdge is a DC coupled storage solution that allows home owners to gain energy independence and stay powered even when grid power is down.
UL (Underwriters Laboratories) has launched a new global service, offering a PV Power Plant Certificate to verify the performance of PV systems at several key stages, such as commissioning or during operation. The delivered certificate is also made publicly available in UL’s online database, providing greater transparency for all stake holders.
Three solar companies were winners of the Intersolar Awards during a packed Intersolar Europe in Munich, Germany this year.
In 2018, the industry judges were said to have focused on product solutions that exploited design characteristics to achieve the best possible results.
PV Tech’s recent coverage of three publicly listed PV inverter manufacturers (SMA Solar Technology, SolarEdge Technologies and Enphase Energy) first quarter financial results has highlighted a looming battle between two of the companies over achieving the highest annual revenue figures (US$ adjusted) in 2018.
PV inverter manufacturer SolarEdge Technologies has reported a clean sweep in key financial parameters for the first quarter of 2018, which includes, revenue, shipments, gross margin, profitability and quarterly cash flow generation.
Major PV inverter manufacturer SMA Solar Technology has reiterated sales and earnings guidance for 2018, despite a rebound in its utility-scale business unit and growing energy storage sales.
Following last year’s announced cooperation with Tigo, PV inverter manufacturer GoodWe is now launching the DNS and SDT rapid shutdown inverter series with MLPE functionalities, a streamlined solution for the optimization of energy yields on the module level which is perfectly adequate for complex system designs and partial shadings – using optimizers on shaded modules recovers an average of 36% energy loss due to mismatch.
Major China-based PV inverter manufacturer Sungrow Power Supply Co has reported preliminary unaudited revenue for 2017, which surpasses European rival, SMA Solar Technology’s revenue figures for the first time.
