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.
China-based polysilicon producer Daqo New Energy is accelerating the pace of its Phase 3B capacity expansion project as well as starting Phase 4A that will increase annual polysilicon capacity by 35,000MT.
PV and electronics equipment manufacturing and automation specialist Manz AG has reported first quarter 2018 revenue that was 80.8% higher than the prior year period, and a new first quarter revenue record for the company.
Major China-based PV module manufacturer Risen Energy, which entered PV Tech’s Top 10 module manufacturer’s rankings for the first time in 2017, has said that it expects to ship at least 800MW of PV modules outside China in 2017.
Major PV inverter manufacturer SMA Solar Technology has announced that it has reclaimed the leadership position in the US commercial market segment, accounting for over 26% of market share, according to GTM Research’s most recent ‘US PV Leaderboard’ report.
PV laser technology equipment specialist InnoLas Solutions has been sold to Swiss industrial investment and management firm, CGS for an undisclosed sum.
The International Solar Energy Research Center Konstanz e.V. (ISC Konstanz) has signed a technology transfer agreement with PV module assembly equipment supplier based in Finland for R&D centre’s advanced ‘BiSoN’ (Bifacial Solar cell On N-type) and ZEBRA (diffused n-type IBC) solar cell technology.
US-headquartered high-efficiency solar module manufacturer SunPower Corp has announced that its long-term Executive Vice President and Chief Financial Officer, Charles D. Boynton would leave the company on July 1 for other career opportunities.
Independent Power Producer sPower has entered into a strategic solar tracker supply deal with Array Technologies for multi-gigawatts of planned PV power plants, cementing a business relationship established over the last four years, according to Array Technologies.