At the beginning of August, major PV inverter manufacturer Sungrow Power Supply Co., raised around US$400 million in new capital via a private placement of shares with multiple Chinese banks.
Phoenix Solar joins Singapore-based floating PV testers, GIPCL issues LoIs to Vikram Solar over 80MW in Gujarat, Brazil solar industry needs BRL6 billion after December auction, Altus Power starts 6.2MW solar plant construction in Hawaii,
In PV Tech’s second Solar Power International (SPI) 2016 new product round up several companies have taken a more holistic or scattergun approach to new product announcements, whereby a number of things, like the IoT (Internet of Things) are showcased, rather than a single product.
The annual US-based Solar Power International (SPI) exhibition and conference historically generates a significant number of new product launches and can set new trends and directions for the downstream solar PV sector, globally.
Sungrow Power Supply Co officially released the world’s first 1500V string inverter. The SG80HV has a power output of 80KW rated at 1500VDC. With a 2.5MW PV power block design and the ability to lift the maximum efficiency to 99%.
Renewable energy developer Mytrah Energy has awarded a contract to PV inverter manufacturer Sungrow to provide 150MW of central inverters for its projects in the Indian states of Telangana and Punjab.
Recent first half 2016 downstream PV installation figures for China have led industry advisory firm AECEA to project full-year figures could be in the 25GW to 30GW range, significantly ahead of planned installs of around 18GW.
The ease of due diligence on inverters and increased technical awareness among the investor community has helped ease bankability issues surrounding Chinese inverters in recent years.
PV inverter manufacturer Sungrow announced that one of its 1500V PV installations was successfully connected to the grid – opening up to the next stage of the project.