Balance of System

Spanish tracker manufacturer Soltec saw its revenue and earnings tumble in the first quarter of the year, citing delays in PV project development due to higher raw material costs that have led to increased module prices.

California-headquartered solar tracker manufacturer Nextracker is moving forward with a proposed initial public offering (IPO) of the company.

TE Connectivity (TE) has launched a new plug and splice connector that is intended to reduce installation steps for PV power plants.

As energy markets continue to adapt and grow, energy arbitrage could overtake frequency markets as a key revenue stream for many co-located solar plus storage projects.

Europe’s power networks need to embrace flexibility and whole systems approaches on much larger scales if they are to be capable of accommodating the levels of renewable power necessary to hit 2030 targets.

A Colorado PV park that is said to be the largest agrophotovoltaic research project in the US has been completed with trackers from Solar FlexRack

The company reported record full-year revenue of to $872.7 million, compared to $647.9 million for the prior-year period.

Soltec recorded a €4.9 million (US$6 million) loss last year as the coronavirus pandemic caused projects delays and an increase in costs for the Spanish solar tracker manufacturer.

Major PV inverter manufacturer SolarEdge Technologies reported year-on-year revenue growth of just 2.4% in 2020, compared to growth rates of over 50% per annum in recent years.