PV Evolution Labs (PVEL) has released the results of the very first independent reliability testing of PV inverters, which included thirty-five different inverter models, including microinverters and power optimisers, produced by 12 different inverter manufacturers.
Major PV inverter manufacturer SMA Solar Technology reported its lowest quarterly revenue and a meagre EBITDA of €0.6 million as its main inverter business units made losses in the first quarter of 2019.
Major PV inverter manufacturer and EPC firm, Sungrow Power Supply Co has increased revenue in the first quarter of 2019 by 30%, compared with the prior year period as its power plant system integration business expands.
Leading CdTe thin-film manufacturer and ‘Solar Module Super League’ (SMSL) member, First Solar reported significantly lower than expected first quarter sales, due primarily to challenges in its EPC PV project business in the US and Japan that impacted sales by US$159 million.
Renewable energy firm, Enel Green Power is deploying leading-edge bifacial modules at two utility-scale PV power plant projects in Mexico and Australia, highlighting a recent preference for bifacial PV technology.
The US and Latin America continued to lead the way in the PV tracker market last year, with global shipments surpassing 20GW (up 36% y-o-y), according to the latest Wood Mackenzie Power & Renewables report.
