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Major PV inverter manufacturer SMA Solar has said that its 2015 sales will continue to decline, guiding sales of between €730 million to €770 million.
Japan’s electric utility companies that had stopped considering applications for utility-scale solar look set to resume doing so, although projects will be subjected to stricter new rules.
Leading PV inverter manufacturer, SMA Solar Technology, is slashing a further 1,000 jobs, primarily in Germany due to lower expected sales in 2015 from its traditional German and European markets.
In an update to the video feature, “Future-proofing inverters for self-consumption and storage”, which PV Tech published in October, we talk briefly about the rapidly changing marketplace in which inverter makers are competing.
One of the founders of PV inverter maker SMA Solar Technology, Günther Cramer, passed away on Tuesday at the age of 62 after a “long, difficult illness,” the company has announced.
Leading PV inverter manufacturer, SMA Solar Technology has recently appointed Martin Kinne to be responsible for sales and service as its Chief Sales and Service Officer (CSSO).
Power control manufacturer Advanced Energy is considering the future of its PV inverter business with a sell-off not ruled out.
The TA Acacia Project, a 28.4MWdc plant in Lancaster, California developed by Canadian Solar was supplied with SG800MX PV inverters from Sungrow USA Corp, the US subsidiary of China’s largest PV inverter company, Sungrow Power Supply Co.
In the latest ‘PV Inverter Market Tracker’ report from market research firm, IHS the global PV inverter market continues to remain highly dynamic and regional players in booming markets making the most gains.
The impact of SolarMax parent company Sputnik Engineering’s insolvency has spread up the supply chain with German firm InTiCa facing a €2.5 million (US$3.1 million) hole in its 2014 figures.
Shares in German inverter manufacturer SMA Solar fell 17.9% this morning on the back of news the company is slashing its 2014 sales and revenue forecasts and laying off more staff.
Hanwha Q CELLS has launched a 100kWp ‘all-in-one’ PV system kit in France, with one of the company’s sales managers for the region stating that Q CELLS expects next year to be a “promising” one in the French market.
Sputnik Engineering, the parent company of Swiss inverter manufacturer Solarmax, will file for insolvency this week PV Tech has learned.
Germany’s SMA Solar claims to have become the first inverter supplier to be accredited under Chile’s new net metering programme.
The German solar industry association, BSW Solar, has created an extensive report on safety for lithium-ion battery-based energy storage systems for home use, and plans to publish an English language version next week.