Major PV inverter and smart energy manufacturer SolarEdge Technologies has reported record fourth quarter and full-year 2018 revenue, which increased by 54.4%, due to strong product demand.
A personal perspective on why a solar company could take on its rivals and thrive in a year full of disruptions to the industry but report record results and revenue growth that is unlikely to be topped by any other PV manufacturer in 2018.
Solar Energy Corporation of India (SECI) has issued a sizeable solar-plus-storage tender for the island archipelago of Lakshadweep involving a 20MWac floating solar project coupled with 60MWh of battery energy storage.
The Indian state of Tamil Nadu is planning to be an international climate leader for emerging economies by 2023 through its new target of 9GW of solar PV by the same year.
Major PV single-axis tracker firm, NEXTracker has secured a major contract with Latin American renewables firm, Atlas Renewable Energy to deploy its ‘TrueCapture’ self-adjusting tracker control system across its fleet of PV power plants.
Major PV inverter manufacturer SMA Solar Technology has reported preliminary 2018 financial figures that only met the low-point of revised guidance issued in November, 2018.
The Photovoltaik-Institut Berlin (PI Berlin) has released a new study analysing over time its solar PV panel quality control audits that have topped 250 at more than 120 panel manufacturers worldwide to highlight the current status of ‘quality’, while dispelling long-held misconceptions of the type and location of manufacturers in the quality pecking order.
PV inverter manufacturer KACO new energy is changing its business focus to include only string inverters and energy storage products, after its acquisition of Energy Depot, selling its central inverter business subsidiary in South Korea to OCI Power. Financial details were not disclosed.