- Industry Roundup
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- PV Modules
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The worldwide market for balance of systems (BOS) for solar power could be worth US$21 billion by 2019, with the greatest activity expected to be seen in the commercial sector, according to a new report from analysis firm IHS.
Japanese PV project developer Apollo Energy Group has signed a 150MW PV inverter deal with Huawei Technologies, a sign that overseas inverter suppliers are finally breaking into the Japanese market.
ABB, an inverter company, has been selected to supply more than 45 of its ULTRA central inverters to the second-largest installation of its kind in South America.
Major PV inverter manufacturer Sungrow Power Supply has reported preliminary 2014 shipments, which include around 20% growth in China and 47% shipment growth overseas, compared to the previous year.
Energy storage is likely to be worth “tens of billion dollars in the next five to 10 years” across a number of global regions, according to executives at solar microinverter firm Enphase.
Israeli micro-inverter manufacturer SolarEdge has filed papers for a US$125 million flotation on the NASDAQ stock exchange.
Beleaguered inverter manufacturer SMA Solar says it has surpassed 1GW of operations and maintenance (O&M) service contracts since launching this new side of its business a year ago.
Leading PV microinverter firm, Enphase Energy reported record results for 2014 across a multitude of metrics.
Dutch-headquartered Photon Energy has described its Q4 financial results as a reflection of “a challenging year with past issues weighing down on us,” but says the company has reacted by opening new revenue streams.
Japan and the US will be the two largest markets for PV inverters in 2015 and 2016, according to research by the consultancy firm IHS.
Inverter manufacturers face a growing but increasingly tough market over the next four years characterised by cost pressures and ever tighter margins, GTM Research claims.
Recent challenges to large-scale solar in Japan, including disputes over grid connection, appear to be having a tangible effect, with negative impacts reported this week by two major PV companies in their latest financial results.
Struggling inverter manufacturer SMA has revealed it is trimming the size of managing board.
With the Asian PV market as its targeted focus, Germany’s SMA Solar has launched a new central inverter suitable for placing on large-scale PV installations that are planned in megawatt-sized blocks.
Major PV inverter manufacturer SMA Solar Technology is to supply 17.5MW of commercial-scale inverters to installer, SoCore Energy for 44 PV projects by Fortune 500 companies in the US.